Head to Head Analysis: Teekay Tankers (NYSE:TNK) vs. Imperial Petroleum (NASDAQ:IMPP)

Imperial Petroleum (NASDAQ:IMPP – Get Free Report) and Teekay Tankers (NYSE:TNK – Get Free Report) are both energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, analyst recommendations, profitability, institutional ownership and earnings.

Profitability

This table compares Imperial Petroleum and Teekay Tankers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Imperial Petroleum N/A N/A N/A
Teekay Tankers N/A N/A N/A

Analyst Ratings

This is a breakdown of current recommendations and price targets for Imperial Petroleum and Teekay Tankers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Imperial Petroleum 0 1 1 0 2.50
Teekay Tankers 1 3 3 0 2.29

Imperial Petroleum presently has a consensus target price of $9.00, indicating a potential upside of 80.72%. Teekay Tankers has a consensus target price of $87.00, indicating a potential downside of 11.42%. Given Imperial Petroleum’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Imperial Petroleum is more favorable than Teekay Tankers.

Earnings and Valuation

This table compares Imperial Petroleum and Teekay Tankers”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Imperial Petroleum $241.35 million 0.94 $87.14 million $1.91 2.61
Teekay Tankers N/A N/A N/A $16.97 5.79

Imperial Petroleum has higher revenue and earnings than Teekay Tankers. Imperial Petroleum is trading at a lower price-to-earnings ratio than Teekay Tankers, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

94.4% of Imperial Petroleum shares are held by institutional investors. Comparatively, 52.7% of Teekay Tankers shares are held by institutional investors. 1.5% of Imperial Petroleum shares are held by company insiders. Comparatively, 1.9% of Teekay Tankers shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

About Imperial Petroleum

(Get Free Report)

Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.

About Teekay Tankers

(Get Free Report)

Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It also engages management of vessels, procurement, and equipment rental businesses. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Bermuda.

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