TK - Teekay Corporation
| Previous Close | 4.3900 |
| Open | 4.5000 |
| Bid | 4.3900 x 2200 |
| Ask | 4.6700 x 800 |
| Day's Range | 4.2650 - 4.5000 |
| 52 Week Range | 2.8200 - 7.4900 |
| Volume | 906,848 |
| Avg. Volume | 774,161 |
| Market Cap | 443.01M |
| Beta (3Y Monthly) | 1.25 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.4230 |
| Earnings Date | Jul 31, 2019 - Aug 5, 2019 |
| Forward Dividend & Yield | 0.22 (5.49%) |
| Ex-Dividend Date | 2019-01-31 |
| 1y Target Est | 4.25 |
- Insider Monkey•18 days ago
Here’s What Hedge Funds Think About Teekay Corporation (TK)
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
- GlobeNewswire•last month
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.
- PR Newswire•2 months ago
JDP Capital Management finds significant support from other unit holders of Teekay Offshore (NYSE: TOO) to oppose Brookfield Business Partner's (NYSE: BBU) take-under offer
NEW YORK , May 24, 2019 /PRNewswire/ -- On May 17, 2019 , Brookfield Business Partners (NYSE: BBU) published a letter requesting that the board of Teekay Offshore Partners LP (NYSE: TOO) evaluate an offer ...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of TK earnings conference call or presentation 23-May-19 6:00pm GMT
Q1 2019 Teekay Corp Earnings Call
Motley Fool•2 months agoTeekay Corp (TK) Q1 2019 Earnings Call Transcript
TK earnings call for the period ending March 31, 2019.
- GlobeNewswire•2 months ago
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.
- Benzinga•2 months ago
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.
- ACCESSWIRE•2 months ago
Teekay Corp. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Teekay Corp. (NYSE: TK ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 23, 2019 at 2:00 PM Eastern Time. To ...
- GlobeNewswire•2 months ago
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.
- Associated Press•2 months ago
Teekay: 1Q Earnings Snapshot
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 84 cents. Losses, adjusted for non-recurring costs, were 13 cents per share. The oil and gas shipping company posted revenue ...
- GlobeNewswire•2 months ago
Teekay Corporation Reports First Quarter 2019 Results
Highlights GAAP net loss attributable to shareholders of Teekay of $84.3 million, or $0.84 per share, and adjusted net loss attributable to shareholders of Teekay(1) of $13.0.
- GlobeNewswire•2 months ago
Teekay LNG Partners Reports First Quarter 2019 Results
Highlights GAAP net income attributable to the partners and preferred unitholders of $21.6 million and GAAP net income per common unit of $0.19.Adjusted net income attributable.
- Benzinga•2 months ago
Teekay Q1 Earnings Preview
Teekay (NYSE: TK ) announces its next round of earnings this Thursday, May 23. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement. Earnings and Revenue Analysts ...
- GlobeNewswire•2 months ago
Teekay Corporation Announces Closing of $250 Million Private Offering of Senior Secured Notes and Early Settlement of Cash Tender Offer for its 8.5% Senior Notes Due in 2020
Teekay Corporation (Teekay or the Company) (TK) announced today the closing of its previously announced offering of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes). In addition, the Company announced that it had completed the early settlement of its cash tender offer to purchase any and all of its outstanding $497.7 million of 8.5% senior notes due 2020 (the 2020 Notes and such tender offer, the Offer), pursuant to which the Company purchased 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, for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and unpaid interest.
- GlobeNewswire•2 months ago
Teekay Corporation Announces Early Results of Tender Offer for Its 8.5% Senior Notes Due 2020
Teekay Corporation (Teekay or the Company) (TK) announced today the results to date of its previously announced cash tender offer (the Offer) to purchase any and all of its outstanding 8.5% Senior Notes due 2020 (the Notes), upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of April 24, 2019 (the Offer to Purchase) and the related Letter of Transmittal and Consent. According to information received from Ipreo LLC, the depositary and information agent for the Offer, as of 5:00 p.m., New York City time, on May 7, 2019 (the Early Tender and Consent Date), Teekay had received valid tenders from holders of the Notes that were not validly withdrawn as set forth in the table below.
- Moody's•2 months ago
Teekay Offshore Partners L.P. -- Moody's says Teekay's ratings unaffected following announced plan to sell remaining TOO equity ownership
Moody's Investors Service ("Moody's") said that Teekay Corporation's (Teekay or Parent, B3 stable) plan to sell its remaining minority interests in Teekay Offshore Partners L.P. (TOO, B3 stable), one of its two master limited partnership (MLP) subsidiaries, for $100 million to Brookfield Business Partners LP is credit positive. Despite this credit profile enhancement, Teekay's ratings remain unchanged at this time, including the B2 rating on the new secured bond and B3 Corporate Family Rating.
- GlobeNewswire•2 months ago
Teekay Corporation Announces Pricing of $250 Million Private Offering of Senior Secured Notes
Teekay Corporation (Teekay or the Company) (TK) announced today the pricing at par of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes). The Company decided to reduce the offering amount from $300 million as a result of its previously announced agreement to sell the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE: TOO) to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), for $100 million in cash. The Notes are being offered to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act).
- GlobeNewswire•3 months ago
Teekay Offshore Partners Reports First Quarter 2019 Results
Revenues of $336.6 million and net loss of $2.6 million, or ($0.03) per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $29.5.
- GlobeNewswire•3 months ago
Teekay Corporation Agrees to Sell Remaining Interests in Teekay Offshore to Brookfield for $100 Million
Teekay Corporation (Teekay or the Company) (TK) announced today an agreement to sell to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), all of the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (TOO), which includes the Company’s 49% general partner interest, common units, warrants, and an outstanding $25 million loan from the Company to Teekay Offshore, for total proceeds of $100 million in cash.
- Simply Wall St.•3 months ago
What You Must Know About Teekay Corporation's (NYSE:TK) Beta Value
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you're interested in Teekay Corporation (NYSE:TK), then you might want to consider its beta (a mea...
- GlobeNewswire•3 months ago
Teekay Group Announces First Quarter 2019 Earnings Results Conference Calls
HAMILTON, Bermuda, April 25, 2019 -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plans to release its financial results for the first quarter of 2019 before.
- Motley Fool•3 months ago
Why Teekay Stock Is Sinking Today
The shipping company took additional steps to shore up its balance sheet.
- Moody's•3 months ago
Teekay Corporation -- Moody's assigns B2 rating to Teekay's new senior secured notes, affirms B3 CFR; outlook stable
Moody's Investors Service, ("Moody's") assigned a B2 rating to Teekay Corporation's ("Teekay" or "Parent") proposed senior secured notes due in 2024. Concurrently, Moody's affirmed Teekay's B3 Corporate Family Rating ("CFR") and SGL-3 Speculative Grade Liquidity rating, denoting adequate liquidity.
- GlobeNewswire•3 months ago
Teekay Corporation Announces Tender Offer for Its 8.5% Senior Unsecured Notes Due 2020
Teekay Corporation (Teekay or the Company) (TK) announced today that it has commenced a cash tender offer (the Offer) to purchase any and all of its outstanding 8.5% Senior Unsecured Notes due 2020 (the Notes), upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of April 24, 2019 (the Offer to Purchase) and the related letter of transmittal and consent. Concurrently with the Offer, the Company is soliciting (the Solicitation) from the holders of the Notes a consent (the Consent) to certain proposed amendments (the Proposed Amendments) to the indenture governing the Notes described below.
- GlobeNewswire•3 months ago
Teekay Corporation Announces Proposed $300 Million Private Offering of Senior Secured Notes; and Eliminates Dividend
Teekay Corporation (Teekay or the Company) (TK) announced today that, subject to market conditions, it intends to offer $300 million in aggregate principal amount of senior secured notes due 2024 (the Notes) in a private placement to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act). It is expected that the Notes will be guaranteed on a senior secured basis by certain of Teekay’s subsidiaries and initially be secured by first-priority liens on two of Teekay’s floating production, storage and offloading (FPSO) units, a pledge of the equity interests of the Teekay subsidiary that owns all of Teekay’s common units of Teekay LNG Partners L.P. and Teekay Offshore Partners L.P. and all of Teekay’s Class A common shares of Teekay Tankers Ltd., and a pledge of the equity interests in the Teekay subsidiaries that own two of its FPSO units.
