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

About Teekay LNG Partners L.P.

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
  • Exchange: NYSE
  • Symbol: TGP
  • CUSIP:
Key Metrics:
  • Previous Close: $19.05
  • 50 Day Moving Average: $16.68
  • 200 Day Moving Average: $14.68
  • 52-Week Range: $79,571,000.00 - $9.31
  • Trailing P/E Ratio: 11.83
  • Foreward P/E Ratio: 9.61
  • P/E Growth: 1.72
  • Market Cap: $1.48B
  • Outstanding Shares: 79,571,000
  • Beta: 1.15
Profitability:
  • 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%
Additional Links:
Companies Related to Teekay LNG Partners L.P.:

Analyst Ratings

Consensus Ratings for Teekay LNG Partners L.P. (NYSE:TGP) (?)
Ratings Breakdown: 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $15.10 (19.03% downside)

Analysts' Ratings History for Teekay LNG Partners L.P. (NYSE:TGP)
Show:
DateFirmActionRatingPrice TargetDetails
1/6/2017RBC Capital MarketsReiterated RatingHold$14.00View Rating Details
11/21/2016Stifel NicolausInitiated CoverageHold$14.50View Rating Details
11/4/2016J P Morgan Chase & CoReiterated RatingBuy$20.00View Rating Details
9/13/2016Jefferies Group LLCReiterated RatingHold$16.00View Rating Details
9/9/2016Wells Fargo & CompanyUpgradeMarket Perform -> OutperformView Rating Details
3/1/2016ABN AmroDowngradeHoldView Rating Details
3/1/2016Morgan StanleyLower Price TargetEqual Weight$13.50 -> $11.00View Rating Details
12/17/2015Seaport Global SecuritiesDowngradeAccumulate -> NeutralView Rating Details
12/17/2015Royal Bank Of CanadaLower Price TargetSector Perform$29.00 -> $23.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Teekay LNG Partners L.P. (NYSE:TGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
11/3/2016Q3$0.48$0.40ViewN/AView Earnings Details
5/19/2016Q1$0.51$0.43ViewN/AView Earnings Details
2/18/2016Q4$0.56$0.50ViewListenView Earnings Details
11/5/2015Q3$0.50$0.34ViewN/AView Earnings Details
8/6/2015Q215$0.48$0.32$99.88 millionViewN/AView Earnings Details
5/14/2015Q1$0.53$0.45ViewN/AView Earnings Details
2/20/2015$0.52$0.57ViewN/AView Earnings Details
11/6/2014$0.56$0.50ViewN/AView Earnings Details
8/7/2014Q2$0.50$0.42ViewN/AView Earnings Details
5/15/2014$0.60$0.56ViewN/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)
Current Year EPS Consensus Estimate: $2.21 EPS
Next Year EPS Consensus Estimate: $1.94 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.63$0.63$0.63
Q2 20161$0.71$0.71$0.71
Q3 20162$0.50$0.82$0.66
Q4 20162$0.49$0.80$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay LNG Partners L.P. (NYSE:TGP)
Annual Dividend:$0.56
Dividend Yield:3.00%
Dividend Growth:-40.80% (3 Year Average)
Payout Ratio:35.44% (Based on Trailing 12 Months of Earnings)
25.34% (Based on Current Year Consensus EPS Estimate)
28.87% (Based on Next Year Consensus EPS Estimate)

Dividend History for Teekay LNG Partners L.P. (NYSE:TGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for Teekay LNG Partners L.P. (NYSE:TGP)
DateHeadline
News IconTeekay LNG Partners LP (NYSE:TGP) Rating Fixed At 2 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - February 17 at 7:07 PM
marketwired.com logoTeekay Group Announces Fourth Quarter and Fiscal Year 2016 Earnings Results Conference Calls - Marketwired (press release) (NYSE:TGP)
www.marketwired.com - February 15 at 6:26 AM
finance.yahoo.com logoTeekay Group Announces Fourth Quarter and Fiscal Year 2016 Earnings Results Conference Calls (NYSE:TGP)
finance.yahoo.com - February 15 at 6:26 AM
News IconAnalysts Weigh in on Teekay LNG Partners LP (NYSE:TGP): Consensus Notes - Rockville Register (NYSE:TGP)
rockvilleregister.com - February 13 at 8:44 PM
News IconMarket Review: Indicator Watch for Teekay LNG Partners LP. (TGP) - Market Point (NYSE:TGP)
mtptnews.com - January 30 at 11:07 AM
nasdaq.com logoEx-Dividend Reminder: Arconic, Teekay LNG Partners and NGL Energy Partners - Nasdaq (NYSE:TGP)
www.nasdaq.com - January 30 at 11:07 AM
us.rd.yahoo.com logoTeekay LNG Partners (TGP) is in Overbought Territory: What's Next? (NYSE:TGP)
us.rd.yahoo.com - January 28 at 9:29 PM
News IconEarnings in Full Force, Analysts Take Aim at Teekay LNG Partners L.P. (NYSE:TGP) - Wall Street Beacon (NYSE:TGP)
wsbeacon.com - January 28 at 6:57 AM
News IconBullish Target Of Teekay LNG Partners LP (NYSE:TGP) At $20 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - January 28 at 6:57 AM
finance.yahoo.com logoTeekay LNG Partners (TGP) is in Overbought Territory: What's Next? - Yahoo Finance (NYSE:TGP)
finance.yahoo.com - January 28 at 6:57 AM
marketrealist.com logoWhat Are Analysts Expecting from Teekay LNG Partners in 4Q16? (NYSE:TGP)
marketrealist.com - January 27 at 6:14 AM
News IconShares Reach Inflection Point on the RSI Reading: Teekay LNG Partners L.P. (NYSE:TGP) - Wall Street Beacon (NYSE:TGP)
wsbeacon.com - January 26 at 6:19 AM
marketwired.com logoTeekay LNG Partners Financing Update - Marketwired (press release) (NYSE:TGP)
www.marketwired.com - January 26 at 6:19 AM
News IconOverbuying Stock in Spotlight: Teekay LNG Partners L.P. (NYSE:TGP) - Post Registrar (NYSE:TGP)
postregistrar.com - January 26 at 6:19 AM
4-traders.com logoTeekay LNG Partners L P : completes Norwegian bond issuance (NYSE:TGP)
www.4-traders.com - January 25 at 6:39 AM
us.rd.yahoo.com logoTeekay LNG Partners Financing Update (NYSE:TGP)
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 (NYSE:TGP)
us.rd.yahoo.com - January 25 at 6:39 AM
News IconTeekay Contemplates Norwegian Bond Issuance (NYSE:TGP)
www.marinelink.com - January 23 at 11:40 PM
finance.yahoo.com logoTeekay LNG completes Norwegian bond issuance (NYSE:TGP)
finance.yahoo.com - January 23 at 11:40 PM
finance.yahoo.com logoTeekay LNG Contemplates Norwegian Bond Issuance (NYSE:TGP)
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 (NYSE:TGP)
finance.yahoo.com - January 23 at 8:06 AM
News IconNogaholding marks successful close of $741 million financing for Bahrain LNG terminal (NYSE:TGP)
www.cpifinancial.net - January 22 at 7:54 PM
News IconAmplified Volatility Spotted in Shares of Teekay LNG Partners L.P. (NYSE:TGP) - Wall Street Beacon (NYSE:TGP)
wsbeacon.com - January 20 at 7:05 AM
News IconWatching ADX Levels for Teekay LNG Partners LP. (TGP) - Sherwood Daily (NYSE:TGP)
sherwooddaily.com - January 19 at 4:10 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Teekay LNG Partners L.P. (NYSE:TGP) - Wall Street Beacon (NYSE:TGP)
wsbeacon.com - January 19 at 4:10 AM
News IconWhat Are the Technicals Saying About These Shares: Teekay LNG Partners LP. (TGP) - Springdale Times (NYSE:TGP)
springdaletimes.com - January 18 at 9:03 AM
News IconImpact Score Of Teekay LNG Partners LP (NYSE:TGP) At 100 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - January 18 at 9:03 AM
News IconWill The Needle Move For Teekay LNG Partners L.P. (NYSE:TGP) Shares This Earnings Season? - Wall Street Beacon (NYSE:TGP)
wsbeacon.com - January 13 at 5:27 AM
investornewswire.com logoTeekay LNG Partners L.P. (NYSE:TGP) Strong Sell Recommendations At {RATING_CNT_STRONG_SELLS:378}} - Investor Newswire (NYSE:TGP)
www.investornewswire.com - January 12 at 5:15 AM
News IconShip Photos of the Day – Teekay LNG Carrier ‘Oak Spirit’ Transits Panama Canal (NYSE:TGP)
gcaptain.com - January 10 at 1:52 AM
capitalcube.com logoTeekay LNG Partners LP breached its 50 day moving average in a Bullish Manner : TGP-US : January 5, 2017 (NYSE:TGP)
www.capitalcube.com - January 6 at 6:04 AM
4-traders.com logoTeekay LNG Partners L P : Declares Distribution (NYSE:TGP)
www.4-traders.com - January 4 at 6:31 AM
capitalcube.com logoTeekay LNG Partners LP : TGP-US: Dividend Analysis : November 04th, 2016 (record date) : By the numbers : January 3, 2017 (NYSE:TGP)
us.rd.yahoo.com - January 4 at 6:31 AM
publicnow.com logoTeekay LNG Partners Declares Distribution (NYSE:TGP)
www.publicnow.com - January 4 at 6:31 AM
News IconNews Impact Score Of Teekay LNG Partners LP (NYSE:TGP) At 100 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - January 1 at 11:20 PM
News IconTeekay LNG Partners LP (NYSE:TGP) Bullish Target At $20 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - January 1 at 8:02 AM
investornewswire.com logoTeekay LNG Partners L.P. (NYSE:TGP) Strong Buy Recommendations At 3 - Investor Newswire (NYSE:TGP)
www.investornewswire.com - December 28 at 8:01 PM
News IconTeekay LNG Partners LP (NYSE:TGP) Impact Score At 0 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - December 28 at 8:01 PM
capitalcube.com logoTeekay LNG Partners LP breached its 50 day moving average in a Bearish Manner : TGP-US : December 26, 2016 (NYSE:TGP)
www.capitalcube.com - December 26 at 8:46 AM
News IconTeekay LNG Partners LP (NYSE:TGP) Rating Fixed At 2.14 - Stock Observer (NYSE:TGP)
www.thestockobserver.com - December 23 at 9:03 PM
businesswire.com logoRobbins Arroyo LLP: Teekay Corporation (TK) Misled Shareholders According to a Recently Filed Class Action (NYSE:TGP)
www.businesswire.com - December 20 at 3:27 PM
News IconTeeKay LNG Partners Leads Upgrade List (NYSE:TGP)
www.talkmarkets.com - December 20 at 3:27 PM
4-traders.com logoTeekay LNG Partners L P : Declares Distribution on Series A Preferred Units (NYSE:TGP)
www.4-traders.com - December 17 at 3:18 AM
publicnow.com logoTeekay LNG Partners Declares Distribution on Series A Preferred Units (NYSE:TGP)
www.publicnow.com - December 17 at 3:18 AM
capitalcube.com logoTeekay LNG Partners LP – Value Analysis (NYSE:TGP) : December 16, 2016 (NYSE:TGP)
www.capitalcube.com - December 17 at 3:18 AM
capitalcube.com logoTeekay LNG Partners LP breached its 50 day moving average in a Bearish Manner : TGP-US : December 15, 2016 (NYSE:TGP)
www.capitalcube.com - December 16 at 5:43 AM
News IconThe Avenir Corp invests in Teekay Offshore Partners LP (TOO) Shares (NYSE:TGP)
www.perspectivabetica.com - December 15 at 6:39 AM
News IconTrading Activity in Focus for Teekay LNG Partners LP. (TGP) - StockTalk Daily (NYSE:TGP)
stocktalkdaily.com - December 12 at 3:18 PM
News IconBahrain LNG import terminal achieves financial close (NYSE:TGP)
www.cpifinancial.net - December 12 at 8:42 AM
finance.yahoo.com logoPost Earnings Coverage as Golar LNG Revenues Improve Sequentially; BeatING Estimates (NYSE:TGP)
finance.yahoo.com - December 6 at 3:41 PM

Social

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, January 4th. Investors of record on Friday, February 3rd will be paid a dividend of $0.14 per share on Friday, February 10th. This represents a $0.56 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Wednesday, February 1st.

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

7 brokerages have issued twelve-month target prices for Teekay LNG Partners L.P.'s shares. Their predictions range from $11.00 to $20.00. On average, they anticipate Teekay LNG Partners L.P.'s stock price to reach $15.10 in the next twelve months.

When will Teekay LNG Partners L.P. announce their earnings?

Teekay LNG Partners L.P. is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns Teekay LNG Partners L.P. stock?

Teekay LNG Partners L.P.'s stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (10.00%), Thornburg Investment Management Inc. (0.99%), Marshall Wace LLP (0.63%), Guggenheim Capital LLC (0.36%), Oceanic Investment Management LTD (0.36%) and GSA Capital Partners LLP (0.16%).

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 Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Raymond James Financial Services Advisors Inc., Texas Yale Capital Corp. and FMR LLC.

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 Thornburg Investment Management Inc., Oceanic Investment Management LTD, Guggenheim Capital LLC, GSA Capital Partners LLP, Marshall Wace LLP and Two Sigma Investments LP.

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 $18.65.

Teekay LNG Partners L.P. (NYSE:TGP) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)

Earnings History Chart

Earnings by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)

Dividend History Chart

Dividend Payments by Quarter for Teekay LNG Partners L.P. (NYSE:TGP)

Last Updated on 2/19/2017 by MarketBeat.com Staff