Teekay LNG Partners L.P. Company Profile (NYSE:TGP)

About Teekay LNG Partners L.P. (NYSE:TGP)

Teekay LNG Partners L.P. logoTeekay LNG Partners L.P. is an international provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. The Company's fleet, excluding newbuildings, consists of approximately 30 LNG carriers (including the six MALT LNG Carriers, four RasGas 3 LNG Carriers, four Angola LNG Carriers and two Exmar LNG Carriers), over 20 LPG carriers (including 20 Exmar LPG Carriers), approximately seven Suezmax-class crude oil tankers and a Handymax product tanker, all of which are double-hulled. Its segments include liquefied gas segment and conventional tanker segment. The liquefied gas segment consists of LNG carriers, LPG carriers and multigas carriers, which can carry both LNG and LPG. The conventional tanker segment consists of approximately seven Suezmax-class crude oil tankers and a Handymax product tanker. Its vessels primarily operate under long-term, fixed-rate charters with energy and utility companies, and Teekay Corporation.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:TGP
  • CUSIP: N/A
  • Web: www.teekay.com
Capitalization:
  • Market Cap: $1.26 billion
  • Outstanding Shares: 79,571,000
Average Prices:
  • 50 Day Moving Avg: $16.77
  • 200 Day Moving Avg: $16.54
  • 52 Week Range: $9.47 - $19.90
P/E:
  • Trailing P/E Ratio: 9.50
  • Foreward P/E Ratio: 7.45
  • P/E Growth: 1.89
Sales & Book Value:
  • Annual Revenue: $396.44 million
  • Price / Sales: 3.17
  • Book Value: $19.66 per share
  • Price / Book: 0.80
Dividend:
  • Annual Dividend: $0.56
  • Dividend Yield: 3.5%
Profitability:
  • EBIDTA: $276.26 million
  • Net Margins: 33.35%
  • Return on Equity: 10.44%
  • Return on Assets: 3.85%
Debt:
  • Debt-to-Equity Ratio: 1.26%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.59%
Misc:
  • Average Volume: 296,094 shs.
  • Beta: 1.15
  • Short Ratio: 1.11
 

Frequently Asked Questions for Teekay LNG Partners L.P. (NYSE:TGP)

What is Teekay LNG Partners L.P.'s stock symbol?

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

How often does Teekay LNG Partners L.P. pay dividends? What is the dividend yield for Teekay LNG Partners L.P.?

Teekay LNG Partners L.P. declared a quarterly dividend on Wednesday, April 5th. Investors of record on Friday, May 5th will be paid a dividend of $0.14 per share on Friday, May 12th. This represents a $0.56 annualized dividend and a yield of 3.54%. The ex-dividend date is Wednesday, May 3rd. View Teekay LNG Partners L.P.'s Dividend History.

How were Teekay LNG Partners L.P.'s earnings last quarter?

Teekay LNG Partners L.P. (NYSE:TGP) posted its quarterly earnings data on Thursday, May, 18th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.14. The company earned $101.18 million during the quarter, compared to analysts' expectations of $104.31 million. Teekay LNG Partners L.P. had a net margin of 33.35% and a return on equity of 10.44%. View Teekay LNG Partners L.P.'s Earnings History.

Where is Teekay LNG Partners L.P.'s stock going? Where will Teekay LNG Partners L.P.'s stock price be in 2017?

6 brokers have issued 12 month price targets for Teekay LNG Partners L.P.'s shares. Their forecasts range from $14.00 to $20.00. On average, they expect Teekay LNG Partners L.P.'s share price to reach $16.13 in the next year. View Analyst Ratings for Teekay LNG Partners L.P..

Who are some of Teekay LNG Partners L.P.'s key competitors?

Who owns Teekay LNG Partners L.P. stock?

Teekay LNG Partners L.P.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.00%), OppenheimerFunds Inc. (6.30%), Neuberger Berman Group LLC (4.73%), Morgan Stanley (4.21%), JPMorgan Chase & Co. (2.77%) and Thornburg Investment Management Inc. (1.50%). View Institutional Ownership Trends for Teekay LNG Partners L.P..

Who sold Teekay LNG Partners L.P. stock? Who is selling Teekay LNG Partners L.P. stock?

Teekay LNG Partners L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Goldman Sachs Group Inc., Morgan Stanley, Icon Advisers Inc. Co., Wells Fargo & Company MN, Berson & Corrado Investment Advisors LLC, Advisors Asset Management Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Teekay LNG Partners L.P..

Who bought Teekay LNG Partners L.P. stock? Who is buying Teekay LNG Partners L.P. stock?

Teekay LNG Partners L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Thornburg Investment Management Inc., Credit Suisse AG, Van ECK Associates Corp, Lansdowne Partners UK LLP, OppenheimerFunds Inc., UBS Group AG and Bank of America Corp DE. View Insider Buying and Selling for Teekay LNG Partners L.P..

How do I buy Teekay LNG Partners L.P. stock?

Shares of Teekay LNG Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Teekay LNG Partners L.P. stock cost?

One share of Teekay LNG Partners L.P. stock can currently be purchased for approximately $15.80.

Analyst Ratings

Consensus Ratings for Teekay LNG Partners L.P. (NYSE:TGP) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $16.13 (2.06% upside)

Analysts' Ratings History for Teekay LNG Partners L.P. (NYSE:TGP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/20/2017ValuEngineDowngradeBuy -> HoldMediumView Rating Details
3/17/2017Royal Bank of CanadaReiterated RatingHold$14.00LowView Rating Details
11/21/2016Stifel NicolausInitiated CoverageHold$14.50N/AView Rating Details
11/4/2016JPMorgan Chase & Co.Reiterated RatingBuy$20.00N/AView Rating Details
9/13/2016Jefferies Group LLCReiterated RatingHold$16.00N/AView Rating Details
9/9/2016Wells Fargo & CoUpgradeMarket Perform -> OutperformN/AView Rating Details
3/1/2016ABN AmroDowngradeHoldN/AView Rating Details
3/1/2016Morgan StanleyLower Price TargetEqual Weight$13.50 -> $11.00N/AView Rating Details
12/17/2015Seaport Global SecuritiesDowngradeAccumulate -> NeutralN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Teekay LNG Partners L.P. (NYSE:TGP)
Earnings by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)
Earnings History by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/18/20173/31/2017$0.36$0.22$104.31 million$101.18 millionViewN/AView Earnings Details
11/3/2016Q3$0.48$0.40$117.88 million$100.30 millionViewN/AView Earnings Details
5/19/2016Q1$0.51$0.43$92.97 million$95.77 millionViewN/AView Earnings Details
2/18/2016Q4$0.56$0.50$102.83 million$103.43 millionViewListenView Earnings Details
11/5/2015Q3$0.50$0.34$101.00 million$98.18 millionViewN/AView Earnings Details
8/6/2015Q215$0.48$0.32$100.30 million$98.24 millionViewN/AView Earnings Details
5/14/2015Q1$0.53$0.45$104.61 million$97.33 millionViewN/AView Earnings Details
2/19/2015$0.52$0.57$106.58 million$98.97 millionViewN/AView Earnings Details
11/6/2014$0.56$0.50$105.97 million$100.78 millionViewN/AView Earnings Details
8/7/2014Q2$0.50$0.42$105.02 million$100.16 millionViewN/AView Earnings Details
5/15/2014$0.60$0.56$106.73 million$101.49 millionViewN/AView Earnings Details
2/20/2014$0.55$0.62ViewN/AView Earnings Details
11/7/2013$0.57$0.68ViewN/AView Earnings Details
8/8/2013Q2 2013$0.53$0.60ViewN/AView Earnings Details
5/9/2013Q1 2013$0.49$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Teekay LNG Partners L.P. (NYSE:TGP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.35$0.35$0.35
Q3 20171$0.39$0.39$0.39
Q4 20171$0.41$0.41$0.41
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay LNG Partners L.P. (NYSE:TGP)
Most Recent Dividend:5/12/2017
Annual Dividend:$0.56
Dividend Yield:3.54%
Dividend Growth:-40.80% (3 Year Average)
Payout Ratio:35.44% (Trailing 12 Months of Earnings)
33.33% (Based on This Year's Estimates)
26.42% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)

Dividend History by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/5/2017quarterly$0.143.2%5/3/20175/5/20175/12/2017
1/4/2017quarterly$0.143.78%2/1/20172/3/20172/10/2017
10/5/2016Quarterly$0.1411/2/201611/4/201611/10/2016
7/1/2016quarterly$0.144.93%7/27/20167/29/20168/12/2016
4/4/2016Quarterly$0.144/27/20164/29/20165/13/2016
1/20/2016Quarterly$0.142/3/20162/5/20162/12/2016
10/2/2015$0.7010/8/201510/13/201511/13/2015
7/2/2015quarterly$0.709.11%7/10/20157/14/20158/14/2015
4/2/2015quarterly$0.707.34%4/9/20154/13/20155/15/2015
1/5/2015quarterly$0.706.61%1/13/20151/15/20152/13/2015
10/3/2014quarterly$0.696.68%10/15/201410/17/201411/14/2014
7/9/2014quarterly$0.696.03%7/23/20147/25/20148/8/2014
4/9/2014apr 14$0.696.39%4/23/20144/25/20145/9/2014
1/15/2014quarterly$0.696.48%1/29/20141/31/20142/14/2014
10/14/2013quarterly$0.686.48%10/21/201310/23/201311/8/2013
7/15/2013quarterly$0.686.03%7/19/20137/23/20138/9/2013
4/19/2013quarterly$0.686.63%4/26/20134/30/20135/14/2013
1/22/2013quarterly$0.686.6%1/30/20132/1/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Teekay LNG Partners L.P. (NYSE:TGP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Teekay LNG Partners L.P. (NYSE:TGP)
Latest Headlines for Teekay LNG Partners L.P. (NYSE:TGP)
Source:
DateHeadline
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 22 at 10:52 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Upgraded to "B-" at TheStreet
www.americanbankingnews.com - May 21 at 10:34 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Cut to Hold at ValuEngine
www.americanbankingnews.com - May 21 at 8:02 PM
finance.yahoo.com logoTeekay LNG Partners LP – Value Analysis (NYSE:TGP) : May 18, 2017
finance.yahoo.com - May 19 at 1:08 PM
finance.yahoo.com logoEdited Transcript of TGP earnings conference call or presentation 18-May-17 3:00pm GMT
finance.yahoo.com - May 19 at 1:08 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Posts Quarterly Earnings Results, Misses Estimates By $0.14 EPS
www.americanbankingnews.com - May 19 at 9:22 AM
americanbankingnews.com logoEquities Analysts Set Expectations for Teekay LNG Partners L.P.'s Q2 2017 Earnings (TGP)
www.americanbankingnews.com - May 19 at 7:10 AM
finance.yahoo.com logoTeekay LNG Partners Reports First Quarter 2017 Results
finance.yahoo.com - May 18 at 12:43 PM
nasdaq.com logoPre-Market Earnings Report for May 18, 2017 : WMT, BABA, EXP, RL, PLCE, MNRO, AINV, TGP, BKE, TOO, TK, HIBB - Nasdaq
www.nasdaq.com - May 17 at 8:10 PM
nasdaq.com logoWhy Teekay LNG Partners (TGP) Might Surprise This Earnings Season - Nasdaq
www.nasdaq.com - May 17 at 8:10 PM
finance.yahoo.com logoTeekay LNG Partners LP breached its 50 day moving average in a Bearish Manner : TGP-US : May 17, 2017
finance.yahoo.com - May 17 at 12:16 PM
finance.yahoo.com logoWhy Teekay LNG Partners (TGP) Might Surprise This Earnings Season
finance.yahoo.com - May 17 at 12:16 PM
finance.yahoo.com logo4 Shipping Stocks to Take Off on Likely Q1 Earnings Beat
finance.yahoo.com - May 12 at 2:19 AM
finance.yahoo.com logoTeekay Group Announces First Quarter 2017 Earnings Results Conference Calls; and Availability of Its Reports on Form 20-F for the Year Ended December 31, 2016
finance.yahoo.com - May 8 at 7:41 PM
americanbankingnews.com logo$0.36 Earnings Per Share Expected for Teekay LNG Partners L.P. (TGP) This Quarter
www.americanbankingnews.com - May 5 at 11:20 PM
nasdaq.com logoTeekay LNG Partners L.P. (TGP) Ex-Dividend Date Scheduled for May 03, 2017 - Nasdaq
www.nasdaq.com - May 5 at 12:07 AM
americanbankingnews.com logoZacks: Brokerages Expect Teekay LNG Partners L.P. (TGP) Will Post Quarterly Sales of $104.31 Million
www.americanbankingnews.com - May 4 at 12:28 PM
finance.yahoo.com logoTeekay LNG Partners LP : TGP-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 3, 2017
finance.yahoo.com - May 3 at 6:25 PM
americanbankingnews.com logoSomewhat Critical News Coverage Likely to Affect Teekay LNG Partners L.P. (TGP) Stock Price
www.americanbankingnews.com - May 3 at 12:04 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Expected to Post Earnings of $0.36 Per Share
www.americanbankingnews.com - May 2 at 5:56 PM
nasdaq.com logoEx-Dividend Reminder: Arconic, Teekay LNG Partners and Williams Partners
www.nasdaq.com - May 1 at 11:00 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Receiving Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 24 at 6:55 PM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Affect Teekay LNG Partners L.P. (TGP) Stock Price
www.americanbankingnews.com - April 18 at 2:52 PM
americanbankingnews.com logoZacks: Analysts Anticipate Teekay LNG Partners L.P. (TGP) Will Post Quarterly Sales of $104.28 Million
www.americanbankingnews.com - April 13 at 12:16 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Teekay LNG Partners L.P. (TGP) to Post $0.36 EPS
www.americanbankingnews.com - April 11 at 12:29 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Declares $0.14 Quarterly Dividend
www.americanbankingnews.com - April 5 at 6:54 PM
us.rd.yahoo.com logoThese Midstream Stocks Have Taken the Lead in Implied Volatility
us.rd.yahoo.com - March 27 at 7:26 PM
americanbankingnews.com logoRoyal Bank of Canada Reiterates “Hold” Rating for Teekay LNG Partners L.P. (TGP)
www.americanbankingnews.com - March 18 at 7:16 AM
finance.yahoo.com logoTeekay LNG Partners Declares Distribution on Series A Preferred Units
finance.yahoo.com - March 15 at 8:12 AM
nasdaq.com logoTGP Stock Crowded With Sellers
www.nasdaq.com - March 13 at 7:48 PM
seekingalpha.com logoTeekay LNG Partners L.P. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 25 at 3:39 AM
finance.yahoo.com logoEdited Transcript of TGP earnings conference call or presentation 23-Feb-17 4:00pm GMT
finance.yahoo.com - February 24 at 11:57 AM
uk.finance.yahoo.com logoTeekay Corporation Reports Fourth Quarter and Annual 2016 Results
uk.finance.yahoo.com - February 23 at 9:42 PM
seekingalpha.com logoTeekay LNG Partners' (TGP) CEO Mark Kremin on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 9:42 PM
us.rd.yahoo.com logoTeekay LNG Partners Reports Fourth Quarter and Annual 2016 Results
us.rd.yahoo.com - February 23 at 9:42 PM
biz.yahoo.com logoQ4 2016 Teekay LNG Partners LP Earnings Release - Before Market Open
us.rd.yahoo.com - February 23 at 9:42 PM
finance.yahoo.com logoTeekay Group Announces Fourth Quarter and Fiscal Year 2016 Earnings Results Conference Calls
finance.yahoo.com - February 15 at 6:26 AM
nasdaq.com logoEx-Dividend Reminder: Arconic, Teekay LNG Partners and NGL Energy Partners - Nasdaq
www.nasdaq.com - January 30 at 11:07 AM
us.rd.yahoo.com logoTeekay LNG Partners (TGP) is in Overbought Territory: What's Next?
us.rd.yahoo.com - January 28 at 9:29 PM
finance.yahoo.com logoTeekay LNG Partners (TGP) is in Overbought Territory: What's Next? - Yahoo Finance
finance.yahoo.com - January 28 at 6:57 AM
us.rd.yahoo.com logoTeekay LNG Partners Financing Update
us.rd.yahoo.com - January 25 at 6:39 AM
us.rd.yahoo.com logo7:01 am Teekay LNG Partners announces completion of a Norwegian Kroner bond add-on offering and two new long-term financings for its growth projects delivering through 2019
us.rd.yahoo.com - January 25 at 6:39 AM
finance.yahoo.com logoTeekay LNG completes Norwegian bond issuance
finance.yahoo.com - January 23 at 11:40 PM
finance.yahoo.com logoTeekay LNG Contemplates Norwegian Bond Issuance
finance.yahoo.com - January 23 at 8:06 AM
finance.yahoo.com logo3:51 am Teekay LNG Partners announces intent to issue new senior unsecured bonds in the Norwegian bond market due 2021
finance.yahoo.com - January 23 at 8:06 AM
capitalcube.com logoTeekay LNG Partners LP : TGP-US: Dividend Analysis : November 04th, 2016 (record date) : By the numbers : January 3, 2017
us.rd.yahoo.com - January 4 at 6:31 AM

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Teekay LNG Partners L.P. (TGP) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff