TK - Teekay Corporation

NYSE - NYSE Delayed Price. Currency in USD
2.9100
+0.0300 (+1.04%)
At close: 4:00PM EDT

2.9100 0.00 (0.00%)
After hours: 4:57PM EDT

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close2.8800
Open2.9200
Bid2.8000 x 1200
Ask2.9200 x 2900
Day's Range2.7900 - 2.9500
52 Week Range2.0400 - 5.7600
Volume1,377,820
Avg. Volume1,754,525
Market Cap294.224M
Beta (5Y Monthly)1.42
PE Ratio (TTM)N/A
EPS (TTM)-3.0840
Earnings DateJul 30, 2020 - Aug 03, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJan 31, 2019
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
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  • Teekay Corp (TK) Q1 2020 Earnings Call Transcript
    Motley Fool

    Teekay Corp (TK) Q1 2020 Earnings Call Transcript

    Hello, everyone, and thank you very much for joining us today for Teekay Corporation's first quarter of 2020 earnings conference call. On the call today, I'm joined by Vince Lok, Teekay's Group CFO. Before we get into our results, I would like to take a moment to thank all of our seafarers and shore-based staff for their extraordinary dedication to maintain business continuity and bringing energy to the world with Teekay's spirit.

  • ACCESSWIRE

    Teekay Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 21, 2020 / Teekay Corp. (NYSE:TK) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 21, 2020 at 11:00 AM Eastern Time. ...

  • GlobeNewswire

    Teekay Corporation Reports First Quarter 2020 Results

    Highlights GAAP net loss attributable to shareholders of Teekay of $49.8 million, or $0.49 per share, and adjusted net income attributable to shareholders of Teekay(1) of $25.3.

  • GlobeNewswire

    Teekay Corporation and Teekay LNG Partners L.P. Announce Elimination of Incentive Distribution Rights

    Teekay Corporation (Teekay) (TK) and Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP) today announced the execution of a definitive agreement to eliminate all of the Partnership’s incentive distribution rights (IDRs) in exchange for 10.75 million newly-issued Teekay LNG common units (Transaction). The Transaction concurrently closed on May 11, 2020. “This important transaction creates greater alignment between our sponsor, Teekay, and the rest of our common unitholders, and we believe that it removes one of the primary uncertainties for investors in Teekay LNG,” commented Mark Kremin, President and CEO of Teekay Gas Group Ltd. “With approximately 98 percent and 94 percent of our LNG fleet operating on fixed-rate charters for 2020 and 2021, respectively, and having increased our quarterly common unit distributions by over 30 percent for two consecutive years, we are well-positioned to continue executing on our balanced capital allocation plan of near-term balance sheet delevering, while continuing to return capital to unitholders.”

  • GlobeNewswire

    Teekay Group Announces First Quarter 2020 Earnings Results Conference Calls

    HAMILTON, Bermuda, May 06, 2020 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK).

  • Why Teekay Corporation, Teekay Tankers, Tsakos Energy, and Nordic American Tanker Stocks Are Up 10% Today
    Motley Fool

    Why Teekay Corporation, Teekay Tankers, Tsakos Energy, and Nordic American Tanker Stocks Are Up 10% Today

    What happened It's a new week -- and another week of disruption in the oil market. Oil prices are tumbling in Monday trading, with WTI crude prices down 28.3% by noon at $12.15 a barrel (for June delivery) and Brent down 9.

  • The Top 6 Companies In Crude Tanker Business
    Investopedia

    The Top 6 Companies In Crude Tanker Business

    Investopedia provides a list of the top companies which are in the business of moving the crude oil across the globe.

  • GlobeNewswire

    Teekay LNG Partners Declares 32 Percent Increase In Common Unit Distribution

    HAMILTON, Bermuda, April 16, 2020 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution.

  • Does The Teekay Corporation (NYSE:TK) Share Price Fall With The Market?
    Simply Wall St.

    Does The Teekay Corporation (NYSE:TK) Share Price Fall With The Market?

    Anyone researching Teekay Corporation (NYSE:TK) might want to consider the historical volatility of the share price...

  • GlobeNewswire

    Teekay Group Announces Availability of Annual Reports on Form 20-F for Year Ended December 31, 2019; and Publishes 2019 Sustainability Report

    Teekay Corporation (Teekay) (TK), Teekay LNG Partners L.P. (Teekay LNG) (TGP) and Teekay Tankers Ltd. (Teekay Tankers) (TNK) (collectively, the Teekay Group) today announced that their Annual Reports on Form 20-F for the fiscal year ended December 31, 2019 (Annual Report) have been filed with the U.S. Securities and Exchange Commission and can be accessed at www.teekay.com, in the “Investors” section under “Financials and Presentations” for each respective entity. Shareholders and unitholders may also request a hard copy of the Annual Reports, which includes the Teekay Group’s complete 2019 audited financial statements, free of charge by contacting investor relations via e-mail at investor.relations@teekay.com or by phone at +1-604-609-2963.

  • GlobeNewswire

    TEEKAY LNG PARTNERS ANNOUNCES NEW LNG CHARTERS AND REFINANCING OF $225 MILLION UNSECURED CREDIT FACILITY

    Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP) announced today that it has secured new fixed-rate charters for two of its 52 percent-owned LNG carriers, a 12-month charter on the Arwa Spirit and an eight-month charter on the Methane Spirit, both of which are expected to commence upon completion and in direct continuation of their existing contracts in May and July 2020, respectively. In addition, Teekay LNG has successfully refinanced its existing $225 million unsecured revolving credit facility, which was scheduled to mature in November 2020, with a new two-year facility of the same amount and pricing consistent with the previous facility of LIBOR + 140 bps. “As we are an integral part of the world’s LNG supply chain, all of our vessels have continued to operate as expected under their existing fixed-rate contracts and I am pleased to report that, with these two new fixed-rate contracts, our LNG fleet is now 98 percent fixed though 2020 and 94 percent fixed for 2021,” commented Mark Kremin, President and CEO of Teekay Gas Group Ltd.  “The Partnership expects to continue to benefit from its long-term contracted cash flow, and continue allocating capital in a manner that focuses on delevering and strengthening its balance sheet, while also returning capital to unitholders, including a 32 percent increase in our cash distribution to an annualized amount of $1.00 per common unit effective for the first quarter of 2020.”

  • GlobeNewswire

    TEEKAY ANNOUNCES NEW BAREBOAT CONTRACT FOR THE FOINAVEN FPSO

    Teekay Corporation (Teekay) (TK) today announced that it has entered into a new bareboat charter contract with the Foinaven Operator (Britoil Limited, a subsidiary of BP p.l.c.), for the Petrojarl Foinaven (Foinaven) floating production, storage and offloading (FPSO) unit for up to approximately ten years (the Contract). Under the terms of the Contract, Teekay is expected to receive an upfront payment of approximately $67 million in cash, a nominal per day rate over the life of the Contract, and a lump sum payment at the end of the Contract period, which is expected to cover the costs of recycling the FPSO unit in accordance with the EU Ship Recycling Regulations.

  • GlobeNewswire

    TEEKAY LNG PARTNERS DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS; AND REITERATES 2020 DISTRIBUTION GUIDANCE ON COMMON UNITS

    Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), has declared cash distributions of $0.5625 per unit on the Partnership’s Series A preferred units (NYSE:TGP PR A) and $0.5313 per unit on the Partnership’s Series B preferred units (NYSE:TGP PR B) for the period from January 1, 2020 to March 31, 2020. The cash distributions are payable on April 15, 2020 to all unitholders of record as at March 31, 2020. Teekay LNG’s preferred unit distributions are reported on Form 1099 for United States tax purposes.

  • Thomson Reuters StreetEvents

    Edited Transcript of TK earnings conference call or presentation 27-Feb-20 4:00pm GMT

    Q4 2019 Teekay Corp Earnings Call

  • GlobeNewswire

    Teekay Corporation Reports Fourth Quarter and Annual 2019 Results

    Highlights GAAP net income attributable to shareholders of Teekay of $11.3 million, or $0.11 per share, and adjusted net income attributable to shareholders of Teekay(1) of.

  • GlobeNewswire

    Teekay LNG Partners Reports Fourth Quarter 2019 and Annual 2019 Results

    Highlights GAAP net income attributable to the partners and preferred unitholders of $67.4 million and GAAP net income per common unit of $0.77 in the fourth quarter of 2019;.

  • GlobeNewswire

    Teekay Group Announces Fourth Quarter and Fiscal Year 2019 Earnings Results Conference Calls

    HAMILTON, Bermuda, Feb. 14, 2020 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK).

  • Did You Manage To Avoid Teekay's (NYSE:TK) Devastating 89% Share Price Drop?
    Simply Wall St.

    Did You Manage To Avoid Teekay's (NYSE:TK) Devastating 89% Share Price Drop?

    Long term investing works well, but it doesn't always work for each individual stock. We really hate to see fellow...

  • Here is What Hedge Funds Think About Teekay Corporation (TK)
    Insider Monkey

    Here is What Hedge Funds Think About Teekay Corporation (TK)

    It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]

  • Moody's

    Meridian Spirit ApS -- Moody's announces completion of a periodic review of ratings of Meridian Spirit ApS

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  • Moody's

    Teekay Corporation -- Moody's announces completion of a periodic review of ratings of Teekay Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Teekay Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • GlobeNewswire

    Teekay Corporation Reports Third Quarter 2019 Results

    Highlights GAAP net loss attributable to shareholders of Teekay of $198.2 million, or $1.97 per share (inclusive of $175.8 million of impairment charges), and adjusted net loss.

  • Do Hedge Funds Love Teekay Corporation (TK)?
    Insider Monkey

    Do Hedge Funds Love Teekay Corporation (TK)?

    We can judge whether Teekay Corporation (NYSE:TK) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. […]

  • GlobeNewswire

    Teekay Group to Host Rescheduled Investor Day and Release Third Quarter 2019 Earnings

    HAMILTON, Bermuda, Oct. 24, 2019 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK).