Log in

Teekay Lng Partners Stock Forecast, Price & News

-0.06 (-0.55 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $10.94
50-Day Range
MA: $11.41
52-Week Range
Now: $10.94
Volume618,568 shs
Average Volume322,938 shs
Market Capitalization$847.95 million
P/E Ratio8.82
Dividend Yield9.09%
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



Sales & Book Value

Annual Sales$601.26 million
Cash Flow$4.08 per share
Book Value$20.54 per share


Net Income$152.79 million


Market Cap$847.95 million
Next Earnings Date11/11/2020 (Estimated)
-0.06 (-0.55 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles

Teekay Lng Partners (NYSE:TGP) Frequently Asked Questions

How has Teekay Lng Partners' stock price been impacted by 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 1.6% and is now trading at $10.94.
View which stocks have been most impacted by COVID-19

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Lng Partners in the last year. There are currently 2 buy ratings 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 Wednesday, November 11th 2020.
View our earnings forecast for Teekay Lng Partners

How were Teekay Lng Partners' earnings last quarter?

Teekay Lng Partners, L.P. (NYSE:TGP) released its quarterly earnings results on Thursday, August, 13th. The shipping company reported $0.67 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.67. Teekay Lng Partners had a net margin of 21.60% and a return on equity of 14.45%.
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 announced a quarterly dividend on Monday, July 20th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.25 per share on Friday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 9.14%. The ex-dividend date of this dividend is Thursday, July 30th.
View Teekay Lng Partners' dividend history

What price target have analysts set for TGP?

2 equities research analysts have issued 12 month price objectives for Teekay Lng Partners' shares. Their forecasts range from $13.00 to $20.00. On average, they anticipate Teekay Lng Partners' share price to reach $16.50 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price.
View analysts' price targets for Teekay Lng Partners

Are investors shorting Teekay Lng Partners?

Teekay Lng Partners saw a decrease in short interest in August. As of August 31st, there was short interest totaling 425,500 shares, a decrease of 49.5% from the August 15th total of 843,200 shares. Based on an average daily trading volume, of 249,100 shares, the short-interest ratio is currently 1.7 days. Approximately 0.9% of the company's shares are sold short.
View Teekay Lng Partners' Short Interest

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), Enterprise Products Partners (EPD), AT&T (T), JinkoSolar (JKS), Nordic American Tanker (nat), Verizon Communications (VZ), Main Street Capital (MAIN), Medley Capital (MCC), CA (CA) and Wells Fargo & Company (WFC).

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 number of retail and institutional investors. Top institutional investors include FMR LLC (10.18%), Beach Investment Counsel Inc. PA (2.73%), Thornburg Investment Management Inc. (2.19%), Kayne Anderson Capital Advisors LP (0.62%), Neuberger Berman Group LLC (0.44%) and Granite Point Capital Management L.P. (0.38%).

Which major investors are selling Teekay Lng Partners stock?

TGP stock was sold by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Bank of Montreal Can, Wiley BROS. Aintree Capital LLC, Two Sigma Advisers LP, Trexquant Investment LP, Neuberger Berman Group LLC, Texas Yale Capital Corp., and Tranquility Partners LLC.

Which major investors are buying Teekay Lng Partners stock?

TGP stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Beach Investment Counsel Inc. PA, Kayne Anderson Capital Advisors LP, Granite Point Capital Management L.P., Globeflex Capital L P, O Keefe Stevens Advisory Inc., Icon Advisers Inc. Co., and Essex Financial Services 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 $10.94.

How big of a company is Teekay Lng Partners?

Teekay Lng Partners has a market capitalization of $847.95 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 9/20/2020 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.