Teekay is a holding company. Through its subsidiaries, Co. is a provider of international crude oil and other marine transportation services. Co. has three primary lines of business: conventional tankers, operational and maintenance marine services, and offshore production (floating production, storage and offloading (FPSO) units). Co.'s subsidiary, Teekay Tankers Ltd. owns all of Co.'s conventional crude oil tankers and product carriers. Co. and its remaining subsidiaries owns two FPSO units and directly conducts business in Australia through the provision of operational and maintenance marine services to third parties, and provides marine and corporate services. The TK YTD return is shown above.
The YTD Return on the TK YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether TK YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TK YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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