On the Record · Teekay
Teekay acquisitions, on the record
The businesses Teekay bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Sevan Hummingbird FPSO unitWord for word“In April 2022, Teekay Parent entered into an agreement to sell the Sevan Hummingbird FPSO unit to a third party, which sale was completed on July 1, 2022 for gross proceeds of $13.3 million and Teekay Parent recognized a gain of $13.0 million during the third quarter of 2022.” 20-F for 2023 | divestiture | completed on July 1, 2022 | gross proceeds of $13.3 million |
one Aframax / LR2 tankerWord for word“Teekay Tankers received proceeds of $23.6 million from the sale of one Aframax / LR2 tanker.” 20-F for 2023 | divestiture | — | $23.6 million |
one Suezmax tanker and three Aframax / LR2 tankersWord for word“Teekay Tankers received proceeds of $69.6 million from the sale of the one Suezmax tanker and three Aframax / LR2 tankers, and Teekay Parent received net proceeds of $13.0 million from the sale of the Sevan Hummingbird FPSO unit.” 20-F for 2023 | divestiture | — | $69.6 million |
one 2021-built Aframax / LR2 tankerWord for word“In July 2024, Teekay Tankers completed the acquisition of one 2021-built Aframax / LR2 tanker for a purchase price of $70.5 million.” 20-F for 2024 | acquisition | July 2024 | $70.5 million |
one 2019-built Aframax / LR2 tankerWord for word“In February 2025, Teekay Tankers signed an agreement to acquire one 2019-built Aframax / LR2 tanker for a purchase price of $63.0 million.” 20-F for 2024 | agreed acquisition | February 2025 | $63.0 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $0 | $8.1 million |
| 2017-12-31 | $0 | — |
Read from Teekay’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.