Log in

NYSE:TGPTeekay Lng Partners Stock Price, Forecast & News

$11.56
-0.19 (-1.62 %)
(As of 05/26/2020 04:00 PM ET)
Add
Compare
Today's Range
$11.48
Now: $11.56
$11.93
50-Day Range
$9.00
MA: $10.97
$12.00
52-Week Range
$7.00
Now: $11.56
$16.74
Volume321,315 shs
Average Volume379,469 shs
Market Capitalization$896.00 million
P/E Ratio12.84
Dividend Yield8.51%
Beta1.56
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. As of April 24, 2019, it had a fleet of 49 LNG carriers, 22 LPG, 7 multi-gas carriers, and 1 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.
Read More
Teekay Lng Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.31 out of 5 stars


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$601.26 million
Cash Flow$3.99 per share
Book Value$20.54 per share

Profitability

Net Income$152.79 million

Miscellaneous

Employees2,000
Market Cap$896.00 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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.

Teekay Lng Partners (NYSE:TGP) Frequently Asked Questions

How has Teekay Lng Partners' stock been impacted by COVID-19 (Coronavirus)?

Teekay Lng Partners' stock was trading at $10.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TGP stock has increased by 7.3% and is now trading at $11.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Teekay Lng Partners?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Lng Partners in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Teekay Lng Partners.

When is Teekay Lng Partners' next earnings date?

Teekay Lng Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Teekay Lng Partners.

How were Teekay Lng Partners' earnings last quarter?

Teekay Lng Partners, L.P. (NYSE:TGP) announced its earnings results on Thursday, May, 21st. The shipping company reported $0.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by $0.08. The shipping company had revenue of $139.90 million for the quarter, compared to analysts' expectations of $144.54 million. Teekay Lng Partners had a return on equity of 12.09% and a net margin of 16.60%. The firm's revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 earnings per share. View Teekay Lng Partners' earnings history.

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, April 17th. Stockholders of record on Friday, May 1st will be paid a dividend of $0.25 per share on Friday, May 15th. This represents a $1.00 dividend on an annualized basis and a yield of 8.65%. The ex-dividend date of this dividend is Thursday, April 30th. This is an increase from Teekay Lng Partners's previous quarterly dividend of $0.19. View Teekay Lng Partners' dividend history.

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

Teekay Lng Partners issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of 2.60-3.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.72.

What price target have analysts set for TGP?

1 brokerages have issued 1-year price targets for Teekay Lng Partners' stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Teekay Lng Partners' stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price. View analysts' price targets for Teekay Lng Partners.

Has Teekay Lng Partners been receiving favorable news coverage?

Media coverage about TGP stock has been trending negative on Wednesday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Teekay Lng Partners earned a news impact score of -2.2 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTeekay Lng Partners.

Are investors shorting Teekay Lng Partners?

Teekay Lng Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 607,400 shares, an increase of 297.0% from the April 30th total of 153,000 shares. Based on an average daily volume of 425,200 shares, the days-to-cover ratio is presently 1.4 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?

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), JinkoSolar (JKS), AT&T (T), Enterprise Products Partners (EPD), Nordic American Tanker (NAT), Verizon Communications (VZ), CA (CA), Medley Capital (MCC), Teekay (TK) and BlackRock (BLK).

Who are Teekay Lng Partners' key executives?

Teekay Lng Partners' management team includes the following 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)

What is Teekay Lng Partners' stock symbol?

Teekay Lng Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGP."

Who are Teekay Lng Partners' major shareholders?

Teekay Lng Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Invesco Ltd. (2.43%), Beach Investment Counsel Inc. PA (1.68%), Cobalt Capital Management Inc. (0.62%), JPMorgan Chase & Co. (0.53%), Icon Advisers Inc. Co. (0.24%) and Spirit of America Management Corp NY (0.23%).

Which major investors are selling Teekay Lng Partners stock?

TGP stock was sold by a variety of institutional investors in the last quarter, including Cobalt Capital Management Inc., Invesco Ltd., Morgan Stanley, Two Sigma Investments LP, JPMorgan Chase & Co., Deutsche Bank AG, UBS Group AG, and Spirit of America Management Corp NY.

Which major investors are buying Teekay Lng Partners stock?

TGP stock was purchased by a variety of institutional investors in the last quarter, including Icon Advisers Inc. Co., Two Sigma Advisers LP, Harvey Capital Management Inc., Globeflex Capital L P, Albert D Mason Inc., Jane Street Group LLC, Tranquility Partners LLC, and Advisor Group Holdings Inc..

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, Robinhood, Fidelity, and Charles Schwab.

What is Teekay Lng Partners' stock price today?

One share of TGP stock can currently be purchased for approximately $11.56.

How big of a company is Teekay Lng Partners?

Teekay Lng Partners has a market capitalization of $896.00 million and generates $601.26 million in revenue each year. The shipping company earns $152.79 million in net income (profit) each year or $1.79 on an earnings per share basis. Teekay Lng Partners employs 2,000 workers across the globe.

What is Teekay Lng Partners' official website?

The official website for Teekay Lng Partners is 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]

This page was last updated on 5/27/2020 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.