NYSE:TGP - Teekay Lng Partners Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$15.35 +0.25 (+1.66 %)
(As of 09/24/2018 04:00 PM ET)
Previous Close$15.10
Today's Range$15.10 - $15.40
52-Week Range$14.70 - $21.65
Volume454,200 shs
Average Volume215,358 shs
Market Capitalization$1.20 billion
P/E Ratio15.35
Dividend Yield3.77%
Beta1.22
Teekay Lng Partners logoTeekay LNG Partners L.P. provides marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG), and crude oil worldwide. The company operates through two segments, Liquefied Gas and Conventional Tanker. It transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. As of February 22, 2018, it had a fleet of 49 LNG carriers, 29 LPG/multigas carriers, and 4 conventional tankers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was founded in 2004 and is based in Hamilton, Bermuda.

Receive TGP News and Ratings via Email

Sign-up to receive the latest news and ratings for TGP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:TGP
CUSIPN/A
Phone441-298-2530

Debt

Debt-to-Equity Ratio1.54
Current Ratio0.46
Quick Ratio0.46

Price-To-Earnings

Trailing P/E Ratio15.35
Forward P/E Ratio15.35
P/E GrowthN/A

Sales & Book Value

Annual Sales$432.68 million
Price / Sales2.82
Cash Flow$2.7362 per share
Price / Cash5.61
Book Value$20.67 per share
Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$1.00
Net Income$33.96 million
Net Margins10.11%
Return on Equity5.85%
Return on Assets1.91%

Miscellaneous

Employees1,800
Outstanding Shares79,630,000
Market Cap$1.20 billion

Teekay Lng Partners (NYSE:TGP) Frequently Asked Questions

What is Teekay Lng Partners' stock symbol?

Teekay Lng Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGP."

How often does Teekay Lng Partners pay dividends? What is the dividend yield for Teekay Lng Partners?

Teekay Lng Partners declared a quarterly dividend on Monday, July 9th. Stockholders of record on Friday, August 3rd will be given a dividend of $0.14 per share on Friday, August 10th. This represents a $0.56 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Thursday, August 2nd. View Teekay Lng Partners' Dividend History.

How were Teekay Lng Partners' earnings last quarter?

Teekay Lng Partners, L.P. (NYSE:TGP) announced its quarterly earnings results on Thursday, August, 2nd. The shipping company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.17. The shipping company had revenue of $114.36 million for the quarter, compared to analyst estimates of $126.85 million. Teekay Lng Partners had a return on equity of 5.85% and a net margin of 10.11%. View Teekay Lng Partners' Earnings History.

When is Teekay Lng Partners' next earnings date?

Teekay Lng Partners is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Teekay Lng Partners.

What price target have analysts set for TGP?

5 brokers have issued 12 month target prices for Teekay Lng Partners' shares. Their forecasts range from $17.50 to $24.00. On average, they expect Teekay Lng Partners' share price to reach $19.70 in the next year. This suggests a possible upside of 28.3% from the stock's current price. View Analyst Price Targets for Teekay Lng Partners.

What is the consensus analysts' recommendation for Teekay Lng Partners?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Lng Partners in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay Lng Partners.

Who are some of Teekay Lng Partners' key competitors?

Who are Teekay Lng Partners' key executives?

Teekay Lng Partners' management team includes the folowing people:
  • Mr. Mark J. Kremin, Pres & CEO of Teekay Gas Group Ltd. (Age 47)
  • Mr. Scott Gayton, Chief Financial Officer of Teekay Gas Group Ltd
  • Mr. Kenneth Hvid, Chief Exec. Officer of Teekkay GP LLC and Pres of Teekkay GP LLC (Age 50)
  • Ms. Edith Robinson, Company Sec. of Teekay GP LLC (Age 53)
  • Mr. Andres Luna, VP of LNG Commercial, Teekay Gas Services - Teekkay GP LLC (Age 62)

Who are Teekay Lng Partners' major shareholders?

Teekay Lng Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (9.81%), FMR LLC (9.81%), OppenheimerFunds Inc. (6.03%), Morgan Stanley (2.76%), Spirit of America Management Corp NY (0.40%) and Renaissance Technologies LLC (0.26%).

Which institutional investors are selling Teekay Lng Partners stock?

TGP stock was sold by a variety of institutional investors in the last quarter, including Beach Investment Counsel Inc. PA, OppenheimerFunds Inc., FMR LLC, FMR LLC, Spirit of America Management Corp NY, Boston Partners, ING Groep NV and Bank of America Corp DE.

Which institutional investors are buying Teekay Lng Partners stock?

TGP stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, ACG Wealth, Royce & Associates LP, Russell Investments Group Ltd., Bank of Montreal Can, Morgan Stanley, Van ECK Associates Corp and California Public Employees Retirement System.

How do I buy shares of Teekay Lng Partners?

Shares of TGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Teekay Lng Partners' stock price today?

One share of TGP stock can currently be purchased for approximately $15.35.

How big of a company is Teekay Lng Partners?

Teekay Lng Partners has a market capitalization of $1.20 billion and generates $432.68 million in revenue each year. The shipping company earns $33.96 million in net income (profit) each year or $1.00 on an earnings per share basis. Teekay Lng Partners employs 1,800 workers across the globe.

What is Teekay Lng Partners' official website?

The official website for Teekay Lng Partners is http://www.teekay.com.

How can I contact Teekay Lng Partners?

Teekay Lng Partners' mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM 11. The shipping company can be reached via phone at 441-298-2530 or via email at [email protected]


MarketBeat Community Rating for Teekay Lng Partners (NYSE TGP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Teekay Lng Partners and other stocks. Vote "Outperform" if you believe TGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel