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Chemical transportation company Stalwart Tankers sets terms for $150 million IPO

Stalwart Tankers, which was recently formed to acquire and operate a fleet of mid-size chemical tankers, announced terms for its IPO on Wednesday. The Athens, Greece-based company plans to raise $150 million by offering 12.5 million shares at a price range of...read more

Worst weekly perfomers: Teekay Tankers Ltd., Approach Resources, Rex Energy

TNK

The following companies were the worst performing IPOs over the last five trading sessions: ...read more

Shipping company Teekay Tankers prices at high end of range

TNK

Teekay Tankers, which owns and operates a fleet of nine double-hull crude oil tankers, priced its 10 million share offering at $19.50 on Wednesday, the high end of the expected range. The stock is expected to begin trading on the NYSE on Thursday, under the...read more

Shipping company Teekay Tankers Ltd. files for an IPO

TNK

Teekay Tankers Limited, which was recently formed by Teekay Corp. in order to acquire a fleet on nine double-hull oil tankers, filed for an IPO Monday. The company is offering 10 million shares at the range of $17.50 to $19.50. Citi and Morgan Stanley are the ...read more

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