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
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
Phone441-298-2530
Debt
Current Ratio0.72
Quick Ratio0.72
Price-To-Earnings
Sales & Book Value
Annual Sales$432.68 million
Price / Sales2.29
Price / Cash Flow4.55
Price / Book0.60
Profitability
Net Income$33.96 million
Net Margins18.92%
Return on Assets1.82%
Miscellaneous
Employees1,800
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 announced a quarterly dividend on Tuesday, January 8th. Stockholders 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 annualized dividend and a dividend yield of 4.50%. The ex-dividend date 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) issued its quarterly earnings results on Thursday, November, 15th. The shipping company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.18. The shipping company had revenue of $115.38 million for the quarter, compared to the consensus estimate 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?
6 Wall Street analysts have issued 12-month price targets for Teekay Lng Partners' shares. Their forecasts range from $15.00 to $20.00. On average, they anticipate Teekay Lng Partners' share price to reach $17.70 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price. View Analyst Price Targets for Teekay Lng Partners.
What is the consensus analysts' recommendation for Teekay Lng Partners?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Lng Partners in the last year. There are currently 4 hold ratings and 2 buy 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?
Headlines about TGP stock have trended positive this week, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Teekay Lng Partners earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future.
Are investors shorting Teekay Lng Partners?
Teekay Lng Partners saw a increase in short interest in December. As of December 14th, there was short interest totalling 1,377,206 shares, an increase of 57.2% from the November 30th total of 876,158 shares. Based on an average trading volume of 383,690 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.6% 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 Golar LNG (GLNG), GasLog (GLOG), Matson (MATX), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), GasLog Partners LP Unit (GLOP), KNOT Offshore Partners (KNOP), Tidewater (TDW), Teekay Offshore Partners (TOO), 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 a number of of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.28%), Corrado Advisors LLC (0.12%) and Virtu Financial LLC (0.01%).
Which institutional 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 and Spirit of America Management Corp NY.
Which institutional investors are buying Teekay Lng Partners stock?
TGP stock was acquired by a variety of institutional investors in the last quarter, including Virtu 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 $12.45.
How big of a company is Teekay Lng Partners?
Teekay Lng Partners has a market capitalization of $974.63 million 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.
