TK

Teekay Corporation (NYSE:TK) is a Bermuda-based marine transportation company founded in 1973 that has evolved from a diversified shipping conglomerate into a focused crude oil tanker operator. Originally established as a broad-based maritime services provider, the company underwent significant strategic simplification in recent years, divesting non-core assets and streamlining operations to concentrate exclusively on the crude oil tanker market through its primary operating subsidiary, Teekay Tankers. Today, Teekay operates a fleet of approximately 55 vessels and serves as a pure-play investment in the global crude oil transportation sector.