Teekay Corporation Ltd. Form 6-K Filing for Interim Period Ended June 30, 2025
SEC Filing 6-K (0000911971-25-000019)
Teekay Corporation Ltd. filed a Form 6-K with the SEC for the six-month interim period ended June 30, 2025. The filing includes unaudited consolidated financial statements, which show a net income of $137.2 million for the period, compared to $258.0 million for the same period in 2024. The company reported revenues of $463.3 million, a decrease from $691.2 million in 2024. Key financial highlights include a gain on the sale of assets of $53.1 million and restructuring charges of $5.6 million. The company also disclosed significant events such as the acquisition of a Suezmax tanker and the signing of agreements to acquire and sell additional vessels. The filing emphasizes the company's compliance with financial covenants and its assessment of sufficient liquidity to continue as a going concern.