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: LNG Transportation & Storage
  • Sub-Industry: N/A
  • Symbol: NYSE:TGP
  • CUSIP: N/A
  • Web: www.teekay.com
Capitalization:
  • Market Cap: $1.36162 billion
  • Outstanding Shares: 79,626,000
Average Prices:
  • 50 Day Moving Avg: $17.35
  • 200 Day Moving Avg: $16.79
  • 52 Week Range: $13.06 - $19.90
P/E:
  • Trailing P/E Ratio: 10.04
  • Foreward P/E Ratio: 9.24
  • P/E Growth: 2.38
Sales & Book Value:
  • Annual Revenue: $403.52 million
  • Price / Sales: 3.37
  • Book Value: $19.47 per share
  • Price / Book: 0.88
Dividend:
  • Annual Dividend: $0.56
  • Dividend Yield: 3.3%
Profitability:
  • EBIDTA: $279.27 million
  • Net Margins: 38.28%
  • Return on Equity: 6.12%
  • Return on Assets: 2.25%
Debt:
  • Debt-to-Equity Ratio: 1.33%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.59%
Misc:
  • Average Volume: 273,869 shs.
  • Beta: 1.22
  • Short Ratio: 1.24
 

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. announced a quarterly dividend on Monday, July 10th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.14 per share on Friday, August 11th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Wednesday, August 2nd. 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 earnings results on Thursday, August, 3rd. The company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.12. The company had revenue of $99.91 million for the quarter, compared to analyst estimates of $103.31 million. Teekay LNG Partners L.P. had a net margin of 38.28% and a return on equity of 6.12%. View Teekay LNG Partners L.P.'s Earnings History.

When will Teekay LNG Partners L.P. make its next earnings announcement?

Teekay LNG Partners L.P. is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Teekay LNG Partners L.P..

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

4 analysts have issued 1 year price objectives for Teekay LNG Partners L.P.'s shares. Their forecasts range from $14.00 to $20.00. On average, they anticipate Teekay LNG Partners L.P.'s stock price to reach $16.50 in the next twelve months. View Analyst Ratings for Teekay LNG Partners L.P..

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

Who are Teekay LNG Partners L.P.'s key executives?

Teekay LNG Partners L.P.'s management team includes the folowing people:

  • Ida Jane Hinkley, Chairman of the Board of Teekay GP L.L.C.
  • Andres Luna, Managing Director of Teekay Shipping Spain SL of Teekay GP L.L.C.
  • C. Sean Day, Director of Teekay GP L.L.C.
  • Kenneth Hvid, Director of Teekay GP L.L.C.
  • Vincent Lok, Director of Teekay GP L.L.C
  • Joseph E. McKechnie, Independent Director of Teekay GP L.L.C.
  • Beverlee F. Park, Independent Director

Who owns Teekay LNG Partners L.P. stock?

Teekay LNG Partners L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (9.99%), COBAS ASSET MANAGEMENT, SGIIC, S.A. (5.05%), JPMorgan Chase & Co. (3.14%), Neuberger Berman Group LLC (2.76%), Goldman Sachs Group Inc. (1.10%) and Icon Advisers Inc. Co. (0.70%). 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, Stifel Financial Corp, Goldman Sachs Group Inc., Wells Fargo & Company MN, GSA Capital Partners LLP, Citigroup Inc., BNP Paribas Arbitrage SA and Marshall Wace LLP. 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 purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Cetera Investment Advisers, Icon Advisers Inc. Co., Beach Investment Management LLC., Airain ltd, Berson & Corrado Investment Advisors LLC, Virtu KCG Holdings LLC and Raymond James Financial Services Advisors Inc.. 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.

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

One share of Teekay LNG Partners L.P. stock can currently be purchased for approximately $17.10.


MarketBeat Community Rating for Teekay LNG Partners L.P. (NYSE TGP)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  247
MarketBeat's community ratings are surveys of what our community members think about Teekay LNG Partners L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Teekay LNG Partners L.P. (NYSE:TGP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $16.50 (3.51% downside)

Analysts' Ratings History for Teekay LNG Partners L.P. (NYSE:TGP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/6/2017Stifel NicolausReiterated RatingHold$16.00MediumView Rating Details
5/30/2017Jefferies Group LLCReiterated RatingHold$16.00HighView Rating Details
3/17/2017Royal Bank Of CanadaReiterated RatingHold$14.00LowView Rating Details
11/4/2016J P Morgan Chase & CoReiterated RatingBuy$20.00N/AView Rating Details
9/9/2016Wells Fargo & CompanyUpgradeMarket 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 9/20/2015 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
11/1/2017$0.37N/AView Earnings Details
8/3/20176/30/2017$0.32$0.20$103.31 million$99.91 millionViewListenView Earnings Details
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$0.32$0.32$0.32
Q4 20171$0.33$0.33$0.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay LNG Partners L.P. (NYSE:TGP)
Most Recent Dividend:8/11/2017
Annual Dividend:$0.56
Dividend Yield:3.27%
Dividend Growth:-40.80% (3 Year Average)
Payout Ratio:32.75% (Trailing 12 Months of Earnings)
44.44% (Based on This Year's Estimates)
30.27% (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
7/10/2017quarterly$0.143.48%8/2/20178/4/20178/11/2017
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) versus Hess Midstream Partners (HESM) Critical Comparison
www.americanbankingnews.com - September 18 at 8:34 PM
seekingalpha.com logoTeekay Tankers Ltd.: No Tanking Here
seekingalpha.com - September 18 at 7:15 AM
finance.yahoo.com logoTeekay Corporation Announces Changes to Board of Directors
finance.yahoo.com - September 13 at 10:01 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Expected to Announce Earnings of $0.33 Per Share
www.americanbankingnews.com - September 12 at 4:22 AM
americanbankingnews.com logoAnalyzing Golar LNG Limited (GLNG) and Teekay LNG Partners L.P. (TGP)
www.americanbankingnews.com - September 6 at 4:30 AM
americanbankingnews.com logoFinancial Survey: Golar LNG Limited (GLNG) & Teekay LNG Partners L.P. (TGP)
www.americanbankingnews.com - September 4 at 4:06 PM
americanbankingnews.com logoHead-To-Head Review: Dynagas LNG Partners (DLNG) and Teekay LNG Partners L.P. (TGP)
www.americanbankingnews.com - September 4 at 2:12 AM
finance.yahoo.com logoFrancisco Garcia Parames Gives Talk on Teekay LNG
finance.yahoo.com - September 2 at 9:26 AM
americanbankingnews.com logoHead-To-Head Analysis: Teekay LNG Partners L.P. (TGP) versus Golar LNG Limited (GLNG)
www.americanbankingnews.com - September 2 at 12:28 AM
finance.yahoo.com logoTeekay LNG Partners LP : TGP-US: Dividend Analysis : August 04th, 2017 (record date) : By the numbers : August 31, 2017
finance.yahoo.com - September 1 at 9:45 AM
americanbankingnews.com logoComparing Teekay LNG Partners L.P. (TGP) & GasLog Partners (GLOP)
www.americanbankingnews.com - September 1 at 12:30 AM
finance.yahoo.com logoTeekay LNG Partners LP – Value Analysis (NYSE:TGP) : August 30, 2017
finance.yahoo.com - August 30 at 10:29 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 30 at 1:00 PM
americanbankingnews.com logo Brokerages Anticipate Teekay LNG Partners L.P. (TGP) to Post $0.33 EPS
www.americanbankingnews.com - August 24 at 6:24 PM
finance.yahoo.com logoTeekay LNG Partners LP breached its 50 day moving average in a Bullish Manner : TGP-US : August 24, 2017
finance.yahoo.com - August 24 at 2:10 PM
seekingalpha.com logoLNG Shipping Supply-Side Update (August 2017) - Seeking Alpha
seekingalpha.com - August 23 at 12:29 PM
americanbankingnews.com logoHead-To-Head Analysis: Teekay LNG Partners L.P. (TGP) vs. Rice Midstream Partners (RMP)
www.americanbankingnews.com - August 15 at 10:58 AM
seekingalpha.com logoTeekay LNG Partners: The LP Model Still Works For Investors - Seeking Alpha
seekingalpha.com - August 14 at 6:16 AM
americanbankingnews.com logoTeekay LNG Partners L.P. to Post FY2017 Earnings of $1.28 Per Share, Jefferies Group Forecasts (TGP)
www.americanbankingnews.com - August 7 at 7:46 AM
finance.yahoo.com logoEdited Transcript of TGP earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 7 at 5:25 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) and GasLog LP. (GLOG) Critical Comparison
www.americanbankingnews.com - August 6 at 10:18 PM
americanbankingnews.com logo Brokerages Expect Teekay LNG Partners L.P. (NYSE:TGP) to Announce $0.32 Earnings Per Share
www.americanbankingnews.com - August 6 at 8:52 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 5 at 1:06 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) Downgraded by TheStreet
www.americanbankingnews.com - August 5 at 7:18 AM
seekingalpha.com logoTeekay LNG Partners' (TGP) CEO Mark Kremin on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 4 at 8:57 AM
finance.yahoo.com logoInvestor Network: Teekay LNG Partners L.P. to Host Earnings Call
finance.yahoo.com - August 4 at 8:57 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Teekay LNG Partners L.P. Cut by Jefferies Group (TGP)
www.americanbankingnews.com - August 4 at 7:16 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Posts Earnings Results, Misses Estimates By $0.12 EPS
www.americanbankingnews.com - August 4 at 12:04 AM
feeds.benzinga.com logoTeekay LNG Partners Reports Second Quarter 2017 Results
feeds.benzinga.com - August 3 at 3:16 AM
nasdaq.com logoTeekay LNG Partners LP (TGP) Ex-Dividend Date Scheduled for August 02, 2017 - Nasdaq
www.nasdaq.com - August 2 at 7:47 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - July 31 at 12:20 AM
finance.yahoo.com logoTeekay Group Announces Second Quarter 2017 Earnings Results Conference Calls
finance.yahoo.com - July 28 at 8:43 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) to Release Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:52 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) Expected to Announce Quarterly Sales of $104.96 Million
www.americanbankingnews.com - July 19 at 3:46 PM
finance.yahoo.com logoTeekay LNG Partners LP :TGP-US: Earnings Analysis: Q1, 2017 By the Numbers : July 17, 2017
finance.yahoo.com - July 18 at 8:56 AM
americanbankingnews.com logo Analysts Expect Teekay LNG Partners L.P. (TGP) Will Announce Earnings of $0.33 Per Share
www.americanbankingnews.com - July 17 at 10:49 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 12:40 PM
finance.yahoo.com logoEnergy Stocks: Which Ones Outperformed July 3–7, 2017?
finance.yahoo.com - July 11 at 8:25 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) Plans $0.14 Quarterly Dividend
www.americanbankingnews.com - July 10 at 4:22 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (NYSE:TGP) Raised to Strong-Buy at ValuEngine
www.americanbankingnews.com - July 8 at 9:32 PM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Given Hold Rating at Stifel Nicolaus
www.americanbankingnews.com - July 6 at 10:16 PM
nasdaq.com logoTeekay LNG Partners (TGP) in Focus: Stock Moves 16.9% Higher - Nasdaq
www.nasdaq.com - July 6 at 3:21 PM
finance.yahoo.com logoTeekay LNG Partners (TGP) in Focus: Stock Moves 16.9% Higher
finance.yahoo.com - July 6 at 12:43 PM
americanbankingnews.com logoHead-To-Head Survey: Cheniere Energy Partners LP Holdings (CQH) versus Teekay LNG Partners L.P. (TGP)
www.americanbankingnews.com - July 5 at 8:04 AM
finance.yahoo.com logoTeekay LNG Partners LP: Strong price momentum but will it sustain?
finance.yahoo.com - July 4 at 4:33 PM
finance.yahoo.com logoNo ‘Sell’ Rating for Teekay LNG Partners
finance.yahoo.com - July 4 at 7:55 AM
finance.yahoo.com logoTeekay LNG Partners LP breached its 50 day moving average in a Bullish Manner : TGP-US : June 30, 2017
finance.yahoo.com - July 1 at 8:11 AM
americanbankingnews.com logoTeekay LNG Partners L.P. (TGP) Upgraded to "Sell" by BidaskClub
www.americanbankingnews.com - June 30 at 6:32 PM
seekingalpha.com logoIs Teekay Corporation Primed For A Short Squeeze?
seekingalpha.com - June 29 at 7:24 AM
americanbankingnews.com logo$104.94 Million in Sales Expected for Teekay LNG Partners L.P. (TGP) This Quarter
www.americanbankingnews.com - June 23 at 7:24 PM

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Chart

Teekay LNG Partners L.P. (TGP) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff