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

Sign in or create an account to add this stock to your watchlist.
$14.96 +0.12 (+0.81 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$14.84
Today's Range$14.75 - $15.02
52-Week Range$10.74 - $19.09
Volume92,400 shs
Average Volume336,794 shs
Market Capitalization$1.19 billion
P/E Ratio19.68
Dividend Yield3.77%
Beta1.57
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.

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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$510.76 million
Cash Flow$2.3230 per share
Book Value$20.06 per share

Profitability

Net Income$28.37 million

Miscellaneous

Employees1,800
Market Cap$1.19 billion
Next Earnings Date5/16/2019 (Estimated)
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 dividend on an annualized basis and a yield of 3.74%. 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) posted its quarterly earnings data on Thursday, February, 21st. The shipping company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.02. The shipping company had revenue of $143.28 million for the quarter, compared to analysts' expectations of $138.17 million. Teekay Lng Partners had a net margin of 11.19% and a return on equity of 5.01%. 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, May 16th 2019. View Earnings Estimates for Teekay Lng Partners.

What guidance has Teekay Lng Partners issued on next quarter's earnings?

Teekay Lng Partners updated its FY 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $1.85-2.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.74.

What price target have analysts set for TGP?

5 equities research analysts have issued 12-month target prices for Teekay Lng Partners' shares. Their predictions range from $15.00 to $20.00. On average, they anticipate Teekay Lng Partners' share price to reach $17.00 in the next twelve months. This suggests a possible upside of 13.6% 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Teekay Lng Partners.

Has Teekay Lng Partners been receiving favorable news coverage?

Media headlines about TGP stock have trended positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Teekay Lng Partners earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

Who are some of Teekay Lng Partners' key competitors?

What other stocks do shareholders of Teekay Lng Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay Lng Partners investors own include Energy Transfer LP Unit (ET), Nordic American Tanker (NAT), CA (CA), BlackRock (BLK), Endologix (ELGX), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), General Electric (GE), Teekay (TK) and Enterprise Products Partners (EPD).

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 48)
  • Mr. Scott Gayton, Chief Financial Officer of Teekay Gas Group Ltd
  • Ms. Edith Robinson, Company Sec. of Teekay GP LLC (Age 54)

Who are Teekay Lng Partners' major shareholders?

Teekay Lng Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (10.01%), Thornburg Investment Management Inc. (4.01%), Royce & Associates LP (1.00%), Beach Investment Counsel Inc. PA (0.84%), Spirit of America Management Corp NY (0.28%) and Hsbc Holdings PLC (0.22%).

Which major 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, Boston Partners, Spirit of America Management Corp NY, Van ECK Associates Corp, Cetera Advisors LLC, LPL Financial LLC, Raymond James Financial Services Advisors Inc. and California Public Employees Retirement System.

Which major investors are buying Teekay Lng Partners stock?

TGP stock was purchased by a variety of institutional investors in the last quarter, including Beach Investment Counsel Inc. PA, FMR LLC, Royce & Associates LP, Hsbc Holdings PLC, Rafferty Asset Management LLC, Thornburg Investment Management Inc., BB&T Securities LLC and Bank of Montreal Can.

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 $14.96.

How big of a company is Teekay Lng Partners?

Teekay Lng Partners has a market capitalization of $1.19 billion and generates $510.76 million in revenue each year. The shipping company earns $28.37 million in net income (profit) each year or $0.76 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:  185 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  453
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 3/20/2019 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