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 three segments: The Liquefied Natural Gas, The Liquefied Petroleum Gas, and The Conventional Tanker. It transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia.
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Industry, Sector and Symbol
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
Phone441-298-2530
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$510.76 million
Profitability
Miscellaneous
Employees1,900
Next Earnings Date11/21/2019 (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 Friday, July 19th. Shareholders of record on Tuesday, August 6th will be given a dividend of $0.19 per share on Wednesday, August 14th. This represents a $0.76 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend is Monday, August 5th. View Teekay Lng Partners' Dividend History.
How were Teekay Lng Partners' earnings last quarter?
Teekay Lng Partners, L.P. (NYSE:TGP) issued its quarterly earnings results on Thursday, August, 1st. The shipping company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The shipping company earned $153.10 million during the quarter, compared to analysts' expectations of $155.70 million. Teekay Lng Partners had a net margin of 12.72% and a return on equity of 7.14%. The company's revenue for the quarter was up 25.2% compared to the same quarter last year. View Teekay Lng Partners' Earnings History.
When is Teekay Lng Partners' next earnings date?
What price target have analysts set for TGP?
5 analysts have issued 1-year price targets for Teekay Lng Partners' stock. Their predictions range from $15.00 to $20.00. On average, they expect Teekay Lng Partners' share price to reach $17.00 in the next year. This suggests a possible upside of 26.0% 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?
Press coverage about TGP stock has trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog 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 daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Teekay Lng Partners.
Are investors shorting Teekay Lng Partners?
Teekay Lng Partners saw a decrease in short interest in July. As of July 31st, there was short interest totalling 636,000 shares, a decrease of 22.3% from the June 30th total of 818,100 shares. Based on an average daily volume of 177,200 shares, the short-interest ratio is currently 3.6 days. Approximately 1.2% of the company's stock are sold short. View Teekay Lng Partners' Current Options Chain.
Who are some of Teekay Lng Partners' key competitors?
Some companies that are related to Teekay Lng Partners include Kirby (KEX), Matson (MATX), Golar LNG (GLNG), GasLog (GLOG), Golden Ocean Group (GOGL), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), KNOT Offshore Partners (KNOP), Tidewater (TDW), Hoegh LNG Partners (HMLP), Teekay Offshore Partners (TOO), International Seaways (INSW), Teekay Tankers (TNK), Nordic American Tanker (NAT) and Dynagas LNG Partners (DLNG).
What other stocks do shareholders of Teekay Lng Partners own?
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 (Age 44)
- 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 a number of of retail and institutional investors. Top institutional investors include Invesco Ltd. (2.63%), Beach Investment Counsel Inc. PA (1.59%), JPMorgan Chase & Co. (1.30%), Morgan Stanley (0.45%), Bank of Montreal Can (0.30%) and Van ECK Associates Corp (0.29%).
Which major investors are selling Teekay Lng Partners stock?
TGP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Texas Yale Capital Corp., Wells Fargo & Company MN, Spirit of America Management Corp NY, Cetera Advisors LLC, ACG Wealth and Banco de Sabadell S.A.
Which major investors are buying Teekay Lng Partners stock?
TGP stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., O Keefe Stevens Advisory Inc., Bank of Montreal Can, Renaissance Technologies LLC, Morgan Stanley, Tranquility Partners LLC, Royal Bank of Canada and Wiley BROS. Aintree Capital 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 $13.49.
How big of a company is Teekay Lng Partners?
Teekay Lng Partners has a market capitalization of $1.07 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 1,900 workers across the globe.View Additional Information About Teekay Lng Partners.
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.
