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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:TGP
Previous Symbol
CUSIPN/A
Phone441-298-2530
Debt
Debt-to-Equity Ratio1.54
Current Ratio0.46
Quick Ratio0.46
Price-To-Earnings
Trailing P/E Ratio14.25
Forward P/E Ratio15.49
P/E GrowthN/A
Sales & Book Value
Annual Sales$432.68 million
Price / Sales2.62
Cash Flow$2.6938 per share
Price / Cash5.29
Book Value$20.67 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)$1.00
Net Income$33.96 million
Net Margins18.92%
Return on Equity5.75%
Return on Assets1.84%
Miscellaneous
Employees1,800
Outstanding Shares79,630,000
Market Cap$1.13 billion
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 Wednesday, October 3rd. Shareholders of record on Friday, November 2nd will be given a dividend of $0.14 per share on Friday, November 9th. This represents a $0.56 annualized dividend and a yield of 3.93%. The ex-dividend date is Thursday, November 1st. View Teekay Lng Partners' Dividend History.
How were Teekay Lng Partners' earnings last quarter?
Teekay Lng Partners, L.P. (NYSE:TGP) released its quarterly earnings results on Thursday, November, 15th. The shipping company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.18. The shipping company had revenue of $115.38 million for the quarter, compared to analysts' expectations 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?
What price target have analysts set for TGP?
5 Wall Street analysts have issued 12-month price targets for Teekay Lng Partners' stock. Their forecasts range from $17.00 to $20.00. On average, they expect Teekay Lng Partners' stock price to reach $18.30 in the next twelve months. This suggests a possible upside of 28.4% 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 5 hold 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 headlines about TGP stock have trended neutral recently, InfoTrie reports. InfoTrie ranks 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 negative five to positive five, with scores nearest to five being the most favorable. Teekay Lng Partners earned a news impact score of 0.2 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are some of Teekay Lng Partners' key competitors?
Some companies that are related to Teekay Lng Partners include Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), Tidewater (TDW), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), International Seaways (INSW), Nordic American Tanker (NAT), Teekay Tankers (TNK), Dynagas LNG Partners (DLNG) and Hornbeck Offshore Services (HOS).
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 many different of retail and institutional investors. Top institutional investors include FMR LLC (9.68%), JPMorgan Chase & Co. (4.21%), JPMorgan Chase & Co. (4.21%), Thornburg Investment Management Inc. (3.89%), Credit Suisse AG (1.14%) and Royce & Associates LP (0.77%).
Which institutional investors are selling Teekay Lng Partners stock?
TGP stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Neuberger Berman Group LLC, Thornburg Investment Management Inc., FMR LLC, Spirit of America Management Corp NY, Corrado Advisors LLC, Bank of Montreal Can and Beach Investment Counsel Inc. PA.
Which institutional investors are buying Teekay Lng Partners stock?
TGP stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., ING Groep NV, Goldentree Asset Management LP, Wells Fargo & Company MN and LPL 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 $14.25.
How big of a company is Teekay Lng Partners?
Teekay Lng Partners has a market capitalization of $1.13 billion 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?
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)
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.
