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

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$12.81 +0.26 (+2.07 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$12.55
Today's Range$12.62 - $12.90
52-Week Range$10.74 - $21.65
Volume24,146 shs
Average Volume703,907 shs
Market Capitalization$991.35 million
P/E Ratio12.79
Dividend Yield4.50%
Beta1.4
Teekay 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.

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Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone441-298-2530

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$432.68 million
Cash Flow$2.7667 per share
Book Value$20.67 per share

Profitability

Net Income$33.96 million

Miscellaneous

Employees1,800
Market Cap$991.35 million
OptionableOptionable

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 Tuesday, January 8th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.14 per share on Friday, February 8th. This represents a $0.56 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend is Thursday, January 31st. 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 data on Thursday, November, 15th. The shipping company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.18. The shipping company had revenue of $115.38 million for the quarter, compared to the consensus estimate of $125.21 million. Teekay Lng Partners had a net margin of 18.92% and a return on equity of 5.75%. 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, February 28th 2019. View Earnings Estimates for Teekay Lng Partners.

What price target have analysts set for TGP?

6 Wall Street analysts have issued 1-year price targets for Teekay Lng Partners' shares. Their forecasts range from $15.00 to $20.00. On average, they expect Teekay Lng Partners' share price to reach $17.70 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View Analyst Price Targets for Teekay Lng Partners.

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

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay Lng Partners.

Has Teekay Lng Partners been receiving favorable news coverage?

News stories about TGP stock have trended somewhat negative on Friday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Teekay Lng Partners earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Are investors shorting Teekay Lng Partners?

Teekay Lng Partners saw a increase in short interest in December. As of December 14th, there was short interest totalling 1,377,206 shares, an increase of 57.2% from the November 30th total of 876,158 shares. Based on an average daily volume of 383,690 shares, the days-to-cover ratio is presently 3.6 days. Approximately 2.6% of the shares of the stock are sold short. View Teekay Lng Partners' Current Options Chain.

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
  • 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)
  • Mr. Iain Relf, VP of LNG Operations - Teekkay GP LLC

Who are Teekay Lng Partners' major shareholders?

Teekay Lng Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.28%), Corrado Advisors LLC (0.12%) and Virtu Financial LLC (0.01%).

Which institutional investors are selling Teekay Lng Partners stock?

TGP stock was sold by a variety of institutional investors in the last quarter, including Corrado Advisors LLC and Spirit of America Management Corp NY.

Which institutional investors are buying Teekay Lng Partners stock?

TGP stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC.

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 $12.81.

How big of a company is Teekay Lng Partners?

Teekay Lng Partners has a market capitalization of $991.35 million 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:  177 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  435
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 1/18/2019 by MarketBeat.com Staff

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