TGP - Teekay LNG Partners L.P.

NYSE - NYSE Delayed Price. Currency in USD
13.90
-0.09 (-0.64%)
At close: 4:02PM EDT
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Previous Close13.99
Open13.99
Bid12.47 x 800
Ask15.08 x 3000
Day's Range13.85 - 14.11
52 Week Range10.74 - 16.66
Volume391,793
Avg. Volume257,710
Market Cap1.09B
Beta (3Y Monthly)1.53
PE Ratio (TTM)25.36
EPS (TTM)0.55
Earnings DateNov 13, 2019 - Nov 18, 2019
Forward Dividend & Yield0.76 (5.54%)
Ex-Dividend Date2019-08-05
1y Target Est18.00
Trade prices are not sourced from all markets
  • GlobeNewswire

    Teekay Corporation Announces 3.5-Year Contract for the Hummingbird Spirit FPSO

    Teekay Corporation (Teekay or the Company) (TK) announced that it has entered into an agreement with the Chestnut Joint Venture, a joint venture between Spirit Energy Ltd. and Dana Petroleum Ltd., to extend the employment of the Hummingbird Spirit FPSO unit (Hummingbird) on the Chestnut field in the North Sea until March 2023. This contract extension was done in conjunction with the Chestnut Joint Venture’s plan to drill a new well at the Chestnut field.

  • Benzinga

    COSCO Blacklisting Sparks LNG Collateral Damage

    The big day for ocean shipping's Teekay Group was set for Wednesday, October 2, at the Grand Hyatt in midtown Manhattan, steps away from Grand Central Terminal. Teekay executives rebooked their plane tickets and headed to China instead. The Teekay Group, through no fault of its own, had just been caught in the crossfire of an escalating triangle of tension between the U.S., Iran and China.

  • TheStreet.com

    Teekay Drops as Gas Tanker Joint Venture is Blocked by Iran Sanctions

    Shares of liquefied natural gas marine transportation company Teekay LNG are down nearly 10% after the company disclosed that its liquefied natural gas tanked joint venture has been blocked by U.S. sanctions against two units of a Chinese partner. The Bermuda-based company is partnered with China's COSCO Shipping Tanker, which is one of the companies that is alleged to have carried Iranian oil after sanctions waivers ended in May. "The Teekay Group has not traded and will not trade with Iran and will not act in contravention of any trading sanctions," the company said in the statement.

  • Reuters

    UPDATE 4-U.S. sanctions on COSCO hit LNG tankers in Russia's Arctic

    U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG said its shipping joint venture in Russia had been "blocked" because of its ties to COSCO. The United States imposed sanctions on COSCO Shipping Tanker (Dalian) Co and subsidiary COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co for allegedly carrying Iranian crude oil.

  • GlobeNewswire

    Teekay Group to Postpone Investor Day on October 2, 2019

    HAMILTON, Bermuda, Sept. 30, 2019 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers).

  • GlobeNewswire

    Teekay LNG Partners Declares Distributions on Series A and B Preferred Units

    HAMILTON, Bermuda, Sept. 19, 2019 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions.

  • GlobeNewswire

    Teekay Group to Host Investor Day on October 2, 2019

    HAMILTON, Bermuda, Sept. 19, 2019 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers).

  • Thomson Reuters StreetEvents

    Edited Transcript of TGP earnings conference call or presentation 1-Aug-19 3:00pm GMT

    Q2 2019 Teekay LNG Partners LP Earnings Call

  • Teekay LNG Partners L.P. (TGP) Q2 2019 Earnings Call Transcript
    Motley Fool

    Teekay LNG Partners L.P. (TGP) Q2 2019 Earnings Call Transcript

    TGP earnings call for the period ending June 30, 2019.

  • Teekay Corp (TK) Q2 2019 Earnings Call Transcript
    Motley Fool

    Teekay Corp (TK) Q2 2019 Earnings Call Transcript

    TK earnings call for the period ending June 30, 2019.

  • Benzinga

    Re-Reading The IMO 2020 Crude Tanker Tea Leaves

    There seem to be more caveats, at least between the lines, on the crude oil tanker front as well. Third-quarter crude-tanker rate disclosures and commentary from executives of Teekay Tankers (NYSE: TNK) on August 1 echoed what was said the previous day on the product-tanker side by Scorpio Tankers (NYSE: STNG) and Ardmore Shipping (NYSE: ASC) – i.e., the IMO 2020 rule that caps fuel sulfur content at 0.5 percent starting January 1, 2020 is not yet affecting tanker rates. During a conference call with analysts, Teekay Tankers chief executive officer Kevin Mackay said that the timing of the switchover, whether to marine gas oil (MGO) or new blended products known as very low sulfur fuel oil (VLSFO), hinged on the vessel type.

  • GlobeNewswire

    Teekay Corporation Reports Second Quarter 2019 Results

    Highlights GAAP net loss attributable to shareholders of Teekay of $39.5 million, or $0.39 per share, and adjusted net loss attributable to shareholders of Teekay(1) of $13.4.

  • GlobeNewswire

    Teekay LNG Partners Reports Second Quarter 2019 Results

    Highlights GAAP net income attributable to the partners and preferred unitholders of $16.4 million and GAAP net income per common unit of $0.12.Adjusted net income(1).

  • GlobeNewswire

    Teekay LNG Partners Declares Distribution

    HAMILTON, Bermuda, July 19, 2019 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution.

  • GlobeNewswire

    Teekay Corporation 2019 Annual General Meeting Presentation

    Teekay Corporation (Teekay) (TK) presented at its 2019 Annual General Meeting on Monday, June 10, 2019, which included details on its two publicly-traded Daughter entities, Teekay LNG Partners L.P. (Teekay LNG) (TGP) and Teekay Tankers Ltd. (Teekay Tankers) (TNK). It is my pleasure to report to you at this Annual General Meeting as Teekay’s President and Chief Executive Officer. Over the past three years, we have completed several important initiatives with the objective of de-risking, delevering and preserving value and optionality during what was a very challenging time for the energy and capital markets, while also executing on a very large gas project orderbook that is delivering on-time or early and on-budget.  With the recent successful refinancing of Teekay’s 2020 bond, the near completion of all our LNG growth projects, and the anticipated improvement in tanker shipping market fundamentals, we believe Teekay has reached a positive turning point and the Teekay Group is in the best position it has been in for quite a few years.

  • Thomson Reuters StreetEvents

    Edited Transcript of TGP earnings conference call or presentation 23-May-19 3:00pm GMT

    Q1 2019 Teekay LNG Partners LP Earnings Call

  • GlobeNewswire

    Teekay LNG Partners Announces Changes to Board of Directors

    Effective immediately, Alan Semple, David Schellenberg, Richard Paterson, and Sylvia Barnes will be joining the Board, and current director Kenneth Hvid, will become the Chair of the Board.  Mr. Hvid is also the President and CEO of Teekay Corporation, which owns the Company.

  • Einhorn’s New Stakes and Exits in Q1
    Market Realist

    Einhorn’s New Stakes and Exits in Q1

    Could Einhorn’s Top Positions Turn His Fund's Performance Around?(Continued from Prior Part)Teekay LNG PartnersDavid Einhorn’s Greenlight Capital (GLRE) initiated a new stake in Teekay LNG Partners (TGP) during the first quarter of 2019. The

  • GlobeNewswire

    Teekay Corporation Announces Expiration and Final Results of Cash Tender Offer for Any and All of Its 8.5% Senior Notes Due in 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today the expiration and final tender results of its previously announced cash tender offer to purchase any and all of its outstanding $497.7 million in aggregate principal amount of 8.5% senior notes due 2020 (the 2020 Notes and such tender offer, the Offer). The Offer expired at 11:59 p.m., New York City time, on May 21, 2019 (the Expiration Time). The Company previously accepted for purchase approximately $458.0 million in aggregate principal amount of 2020 Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on May 7, 2019 (the Early Tender and Consent Date), for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and unpaid interest, and paid for such 2020 Notes on May 13, 2019.

  • Teekay LNG Partners L.P. (TGP) Q1 2019 Earnings Call Transcript
    Motley Fool

    Teekay LNG Partners L.P. (TGP) Q1 2019 Earnings Call Transcript

    TGP earnings call for the period ending March 31, 2019.

  • Benzinga

    Pruning Of The Teekay Family Tree Could Bear Fruit

    On May 23, Teekay Corporation (NYSE: TK), the parent holding company, reported a net loss of $84.3 million in the first quarter of 2019, compared to a loss of $20.6 million in the same period the year before. Teekay Tankers (NYSE: TNK) posted net income of $12.4 million in the latest quarter, compared to a loss of $19.2 million in the first quarter of 2018. Teekay LNG (NYSE: TGP) reported net income in the most recent period of $21.6 million, up from a loss of $6.9 million in the first quarter of 2018.

  • GlobeNewswire

    Teekay Corporation Announces Banff FPSO Contract Extension

    Teekay Corporation (Teekay or the Company) (TK) has entered into an agreement with a subsidiary of Canadian Natural Resources Ltd. (CNR) to extend the employment of the Petrojarl Banff FPSO unit (Petrojarl Banff) on the Banff field in the North Sea for a period of one year to the end of August 2020 at substantially similar terms to the current contract, which includes an upside component linked to oil prices and oil/gas production. “We are pleased to announce this important FPSO contract extension for the Petrojarl Banff, which extends the production of the fields in the North Sea, and we are committed to work together with CNR to maximize production in the future,” commented Kenneth Hvid, Teekay’s President and Chief Executive Officer.