TK - Teekay Corporation
| Previous Close | 4.3100 |
| Open | 4.3000 |
| Bid | 4.2300 x 1200 |
| Ask | 4.2400 x 800 |
| Day's Range | 4.1900 - 4.3250 |
| 52 Week Range | 2.9200 - 8.3700 |
| Volume | 171,265 |
| Avg. Volume | 634,040 |
| Market Cap | 424.87M |
| Beta (3Y Monthly) | 1.02 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.7950 |
| Earnings Date | May 23, 2019 |
| Forward Dividend & Yield | 0.22 (5.61%) |
| Ex-Dividend Date | 2019-01-31 |
| 1y Target Est | 4.00 |
- GlobeNewswire•9 days 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approximately $458.0 million in aggregate principal amount of 2020 Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on May 7, 2019, for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and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•15 days 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(the Early Tender and Consent Date), Teekay had received valid tenders from holders of the Notes that were not validly withdrawn as set forth in the table below.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•19 days 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•20 days 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•23 days 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•23 days 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.•23 days 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•27 days 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•28 days ago
Why Teekay Stock Is Sinking Today
The shipping company took additional steps to shore up its balance sheet.
- Moody's•28 days 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•28 days 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•28 days 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.
- GlobeNewswire•28 days ago
Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units
HAMILTON, Bermuda, April 24, 2019 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has declared.
- GlobeNewswire•28 days ago
Teekay LNG Partners Declares 36 Percent Increase in Common Unit Distribution and Secures New 3-Year Charter
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), has declared a cash distribution of $0.19 per common unit for the quarter ended March 31, 2019, representing a 36 percent increase over the previous quarter’s distribution. The cash distribution is payable on May 15, 2019 to all common unitholders of record on May 7, 2019. Teekay LNG’s cash distributions are reported on Form 1099 for United States tax purposes. In addition, the Partnership has secured a new, 3-year fixed-rate charter contract for the Magellan Spirit LNG carrier to an integrated oil and gas company commencing during the summer of 2019. Concurrently, Teekay LNG extended the in-charter of the Magellan Spirit until the summer of 2022.
- Zacks•last month
Teekay Corporation (TK) Shares March Higher, Can It Continue?
As of late, it has definitely been a great time to be an investor in Teekay Corporation (TK).
- GlobeNewswire•2 months ago
Teekay Offshore Partners Secures New $414 Million Debt Facility for Four Shuttle Tanker Newbuilds
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (TOO) announced today that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker newbuildings. Upon delivery in 2019 and 2020, two of the vessels will commence operations under the Partnership’s Master Agreement with Equinor, while the remaining two vessels will join the Partnership’s contract of affreightment (CoA) shuttle tanker portfolio in the North Sea. “We are grateful for the continued strong support we receive from our growing bank group, as represented by our new $414 million debt facility,” commented Ingvild Sæther, President and CEO of Teekay Offshore Group Ltd.
- GlobeNewswire•2 months ago
Teekay Corporation Announces Availability of Its Annual Report on Form 20-F
HAMILTON, Bermuda, April 01, 2019 -- Teekay Corporation (Teekay or the Company) (NYSE:TK) announced today that its Annual Report on Form 20-F for the fiscal year ended December.
- Benzinga•2 months ago
Port Report: Back To The Future As Politicians Seek To Make U.S. LNG Shipping Great Again
Proposed legislation seeks to piggyback U.S. maritime industry to gas export boom, but bill lacks loan guarantees behind the ‘70s heyday. The United States' growing role as an exporter of natural gas is one of the most remarkable turnaround stories for the domestic economy of the last decade. Now four of those sites are in various stages of building export facilities, while another seven facilities have been approved for export LNG, according to the U.S. Energy Information Administration.
- GlobeNewswire•2 months ago
Teekay Corporation Announces Changes to Board of Directors
C. Sean Day, Chairman Emeritus and Director, Tore Sandvold, Director, and Peter S. Janson, Director, are retiring from the Board after a combined 50 years with the Company’s Board. Mr. Day will remain as a Director of Teekay GP LLC (the general partner of Teekay LNG Partners LP).
- GlobeNewswire•2 months ago
Teekay LNG Partners Declares Distributions on Series A and B Preferred Units
HAMILTON, Bermuda, March 14, 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•2 months ago
Teekay Offshore Partners Announces Changes to Board of Directors
HAMILTON, Bermuda, March 12, 2019 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), today.
- Thomson Reuters StreetEvents•3 months ago
Edited Transcript of TK earnings conference call or presentation 21-Feb-19 7:00pm GMT
Q4 2018 Teekay Corp Earnings Call
- Zacks•3 months ago
Options Traders Expect Huge Moves in Teekay (TK) Stock
Investors need to pay close attention to Teekay (TK) stock based on the movements in the options market lately.
Motley Fool•3 months agoTeekay Corp (TK) Q4 2018 Earnings Conference Call Transcript
TK earnings call for the period ending December 31, 2018.
