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Teekay Corporation Ltd. (TNK) Q4 2024 Earnings Call Transcript

February 20, 2025
in Market & News
Reading Time: 2 mins read
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Teekay Corporation Ltd. (TNK) Q4 2024 Earnings Call Transcript
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Teekay Corporation Ltd. (NYSE:TNK) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET

Company Participants

Kenneth Hvid – President, CEO & Director
Christian Waldegrave – Director, Research & Commercial Performance

Conference Call Participants

Jon Chappell – Evercore ISI
Omar Nokta – Jefferies
Ken Hoexter – Bank of America Merrill Lynch

Operator

Welcome to the Teekay Group Fourth Quarter 2024 Earnings Results Conference Call. [Operator Instructions] As a reminder, this call is being recorded. Now for opening remarks and introductions, I would like to turn the call over to the company. Please go ahead.

Unidentified Company Representative

Before we begin, I would like to direct all participants to our website at www.teekay.com, where you’ll find a copy of the Teekay Group’s Fourth Quarter and Annual 2024 earnings presentation. Kenneth will review this presentation during today’s conference call.

Please allow me to remind you that our discussion today contains forward-looking statements. Actual results may differ materially from results projected by those forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Teekay Corporation and Teekay Tankers Fourth Quarter and Annual 2024 earnings releases and the Teekay Group earnings presentation available on our website.

I will now turn the call over to Kenneth Hvid, Teekay Corporation’s and Teekay Tankers’ President and CEO, to begin.

Kenneth Hvid

Thank you, Ed. Hello, everyone, and thank you very much for joining us today for the Teekay Group’s Fourth Quarter and Annual 2024 Earnings Conference Call. Joining me on the call today for the Q&A session is Brody Speers, Teekay Corporation’s and Teekay Tankers’ CFO; Ryan Hamilton, our VP, Finance and Corporate Development; and Christian Waldegrave, our Director of Research.

Starting on Slide 3 of the presentation, we will cover Teekay Tankers’ recent

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