|Bid||11.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||12.57 - 12.92|
|52 Week Range||10.74 - 21.65|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||28.23|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||0.56 (4.46%)|
|1y Target Est||17.69|
Bahrain's first liquefied natural gas (LNG) floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year, data from Refinitiv Eikon showed. "Bahrain Spirit", a floating storage unit (FSU) with a capacity of about 173,000 cubic metres, is currently anchored in Fujairah after docking in the United Arab Emirates region on Jan. 13, the data showed. The FSU is on a 20-year charter to Bahrain LNG, who is the developer of a wider receiving and regasification terminal within the Khalifa bin Salman Port facility, in Hidd, Bahrain, according to Bahrain LNG's website.
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), has declared a cash distribution of $0.14 per common unit for the quarter ended December 31, 2018 which will be a 2019 reportable event for United States tax purposes, and will be subject to Form 1099 reporting, instead of a Schedule K-1. The cash distribution is payable on February 8, 2019 to all common unitholders of record on February 1, 2019. As previously-announced, the Partnership expects to increase its quarterly common unit distribution by 36 percent to $0.19 per unit, commencing with the first quarter of 2019 distribution to be paid in May 2019. All future common unit distributions are expected to be reported on Form 1099 for United States tax purposes.
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), has today announced that its Board of Directors has authorized a common unit repurchase program for the repurchase of up to $100 million of Teekay LNG’s common units. Common units may be repurchased in the open market or privately-negotiated transactions or otherwise at times and prices considered appropriate by the Partnership. The timing of any purchases and the exact number of common units to be purchased under the program will be dependent on market conditions and other factors. The Partnership intends to establish a trading plan pursuant to Rule 10b5-1 under the U.S. Securities Exchange Act relating to the repurchase of its common units under the program.
HAMILTON, Bermuda, Dec. 14, 2018 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions.
A new ice-breaking liquefied natural gas tanker of the Arc7 class, the Boris Davydov, has left a South Korean shipyard and set course for Sabetta, the Arctic Russian port of Novatek's Yamal facility, according ...
NEW YORK, Nov. 20, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
* Teekay LNG says four Arctic ARC7 class liquefied natural gas tankers will be delivered three to five months earlier than scheduled next year for the northern Russian Yamal project * Two tankers, Georgiy ...
Highlights GAAP net income attributable to the partners and preferred unitholders of $26.0 million, GAAP net income per common unit of $0.24 and income from vessel operations.
A recommendation that unitholders vote in favor of amending Teekay LNG’s tax status to be treated as a corporation, instead of a partnership, for U.S. federal income tax purposes, which would result in common and preferred unitholders receiving Form 1099s, instead of K-1s, in the future.
Warning! GuruFocus has detected 3 Warning Signs with TGP. Parames stated the importance of being patient and the confidence that Cobas investment portfolio is defensive in nature because it would not be affected by an eventual drop in private consumption.
HAMILTON, Bermuda, Oct. 26, 2018 -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plans to release their financial results for the third quarter of 2018 before.
* Headline rates for shipping liquified natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic metre LNG tri-fuel diesel electric (TFDE) vessel, brokers say. * That is a 6-year high and compares to Atlantic basin rates of $75,000 at the end of August and around $95,000 at the end of September. * "Charterers continue to lock in multi-month contracts ahead of the winter and we continue to believe LNG shipping rates will remain strong due to very attractive supply/demand fundamentals in the coming quarters," Jefferies said this week.
Liquefied natural gas exports from Novatek's (NVTK.MM) Yamal terminal in the Arctic have come on stream faster than expected over the summer and exceeded volumes from Russia's only other LNG facility, Sakhalin, for the first time in August. The pace of commissioning the multi-billion dollar project has surprised a market used to chronic delays. Novatek said earlier this week it had begun commissioning the third train, or plant, and that its first two trains were running at capacity, which is 11 million tonnes a year (mtpa).