|Bid||0.00 x 30000|
|Ask||0.00 x 30000|
|Day's Range||13.40 - 13.40|
|52 Week Range||9.58 - 14.78|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||24.45|
|Forward Dividend & Yield||0.68 (5.21%)|
|1y Target Est||N/A|
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
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.
The start-up of the Bahrain liquefied natural gas (LNG) import terminal has been delayed to the third quarter this year from May, Teekay LNG Partners , which owns a share in the terminal, said in its financial results on Thursday. Teekay said the terminal is still under construction, which has delayed the beginning of operations until Q3. Bahrain LNG, which is developing the terminal, is jointly owned by the National Oil and Gas Authority (NOGA) of Bahrain, Teekay LNG Partners, Samsung Construction and Trading and the Gulf Investment Corp.
The fourth quarter featured an improvement in Teekay LNG (NYSE:TK), earlier than expected in the company's plans, mostly thanks to improvement in the LNG (lique-fied natural gas) shipping market. This article first appeared on GuruFocus.