Teekay Offshore Partners L.P. Company Profile (NYSE:TOO)

About Teekay Offshore Partners L.P.

Teekay Offshore Partners L.P. logoTeekay Offshore Partners L.P. is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry in North Sea, Brazil and the East Coast of Canada. The Company operates shuttle tankers; towage vessels; floating, production, storage and off-loading (FPSO) units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers. Its segments include shuttle tanker segment, FPSO segment, FSO segment, conventional tanker segment, towage segment and UMS segment. Its fleet consists of over 30 shuttle tankers, such as over three chartered-in vessels and a HiLoad Dynamic Positioning unit, over six FPSO units, approximately seven FSO units, over six long-distance towing and offshore installation vessels, a UMS and over two conventional oil tankers.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TOO
  • CUSIP:
Key Metrics:
  • Previous Close: $5.40
  • 50 Day Moving Average: $5.49
  • 200 Day Moving Average: $5.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 3.02
  • P/E Growth: 0.53
  • Market Cap: $742.12M
  • Outstanding Shares: 137,429,000
  • Beta: 2.15
Additional Links:
Companies Related to Teekay Offshore Partners L.P.:

Analyst Ratings

Consensus Ratings for Teekay Offshore Partners L.P. (NYSE:TOO) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $7.51 (39.02% upside)

Analysts' Ratings History for Teekay Offshore Partners L.P. (NYSE:TOO)
Show:
DateFirmActionRatingPrice TargetDetails
8/18/2016RBC Capital MarketsUpgradeSector Perform -> Outperform$8.00View Rating Details
8/18/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$5.00 -> $8.00View Rating Details
7/7/2016Wells Fargo & Co.Reiterated RatingHold -> NeutralView Rating Details
5/31/2016Morgan StanleyReiterated RatingHoldView Rating Details
12/21/2015Raymond James Financial Inc.Lower Price Target$21.00 -> $8.00View Rating Details
12/17/2015Seaport Global SecuritiesDowngradeAccumulate -> NeutralView Rating Details
12/17/2015Bank of America Corp.DowngradeNeutral -> Underperform$8.00View Rating Details
12/14/2015Clarkson CapitalLower Price Target$14.00View Rating Details
12/3/2015National Bank FinancialLower Price TargetOutperformC$0.65 -> C$0.55View Rating Details
8/7/2015Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for Teekay Offshore Partners L.P. (NYSE:TOO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/4/2016Q216$0.24$0.22$269.61 million$284.50 millionViewN/AView Earnings Details
5/19/2016Q116$0.40$0.58$301.82 million$306.70 millionViewListenView Earnings Details
2/18/2016Q4$0.39$0.62$312.20 million$339.14 millionViewListenView Earnings Details
11/5/2015Q3$0.43$0.13ViewN/AView Earnings Details
8/6/2015Q215$0.33$0.43$276.77 millionViewN/AView Earnings Details
5/14/2015$0.31($0.23)ViewN/AView Earnings Details
2/20/2015$0.33$0.34ViewN/AView Earnings Details
11/6/2014$0.38$0.25ViewN/AView Earnings Details
8/7/2014Q2$0.36$0.17ViewN/AView Earnings Details
5/15/2014Q1 14$0.40$0.36ViewN/AView Earnings Details
2/20/2014$0.39$0.40ViewN/AView Earnings Details
11/7/2013$0.31$0.09ViewN/AView Earnings Details
8/8/2013Q2 2013$0.30$0.16ViewN/AView Earnings Details
5/9/2013Q1 2013$0.28$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Teekay Offshore Partners L.P. (NYSE:TOO)
Current Year EPS Consensus Estimate: $1.76 EPS
Next Year EPS Consensus Estimate: $1.79 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.29$0.29$0.29
Q2 20161$0.27$0.27$0.27
Q3 20161$0.35$0.35$0.35
Q4 20161$0.27$0.27$0.27
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Offshore Partners L.P. (NYSE:TOO)
Annual Dividend:$0.44
Dividend Yield:8.15%
Payout Ratio:25.00% (Based on Current Year Consensus EPS Estimate)
24.58% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:2.20% (3 Year Average)

Dividend History for Teekay Offshore Partners L.P. (NYSE:TOO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/1/2016quarterly$0.117.52%7/27/20167/29/20168/12/2016
4/4/2016Quarterly$0.114/27/20164/29/20165/13/2016
1/20/2016Quarterly$0.112/3/20162/5/20162/12/2016
10/2/2015$0.5610/8/201510/13/201511/13/2015
7/2/2015quarterly$0.5410.77%7/10/20157/14/20158/14/2015
4/2/2015quarterly$0.5410.05%4/9/20154/13/20155/15/2015
1/5/2015quarterly$0.548.97%1/13/20151/15/20152/13/2015
10/3/2014quarterly$0.546.71%10/15/201410/17/201411/14/2014
7/11/2014quarterly$0.546.1%7/23/20147/25/20148/8/2014
4/9/2014quarterly$0.546.46%4/23/20144/25/20145/9/2014
1/15/2014quarterly$0.546.67%1/29/20141/31/20142/14/2014
10/14/2013quarterly$0.536.27%10/21/201310/23/201311/8/2013
7/15/2013quarterly$0.535.85%7/19/20137/23/20138/9/2013
4/19/2013quarterly$0.536.88%4/26/20134/30/20135/14/2013
1/22/2013quarterly$0.517.37%1/30/20132/1/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Teekay Offshore Partners L.P. (NYSE:TOO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/22/2016Barry OlsonDirectorBuy40,000$0.25$10,000.00
1/15/2016Donald SaboDirectorBuy8,500$0.20$1,700.00
9/8/2015Donald SaboDirectorBuy66,500$0.40$26,600.00
9/4/2015Donald SaboDirectorBuy33,500$0.35$11,725.00
8/27/2015Barry OlsonDirectorBuy25,000$0.40$10,000.00
8/27/2015Gregory Gerald PhaneufInsiderBuy12,500$0.40$5,000.00
7/17/2015Donald SaboDirectorBuy50,000$0.45$22,500.00
7/9/2015Donald SaboDirectorBuy50,000$0.50$25,000.00
7/3/2015Donald SaboDirectorBuy13,500$0.55$7,425.00
7/2/2015Donald SaboDirectorBuy36,500$0.55$20,075.00
4/7/2015Barry OlsonDirectorBuy40,000$0.65$26,000.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Teekay Offshore Partners L.P. (NYSE:TOO)
DateHeadline
seekingalpha.com logoIndustrial Sector Shows 30 Of 50 Dividend Dogs 'Safe' In August (NYSE:TOO)
seekingalpha.com - August 24 at 10:53 AM
News IconAnalysts Recommendation and Rating Review: Teekay Offshore Partners L.P. (NYSE:TOO) - Post Registrar (NYSE:TOO)
postregistrar.com - August 19 at 7:44 PM
capitalcube.com logoTeekay Offshore Partners LP: Strong price momentum but will it sustain? (NYSE:TOO)
www.capitalcube.com - August 19 at 7:44 PM
investors.com logoTwitter to take a beating from rivals, says Evercore (NYSE:TOO)
www.proactiveinvestors.com - August 19 at 10:46 AM
capitalcube.com logoTeekay Offshore Partners LP breached its 50 day moving average in a Bullish Manner : TOO-US : August 19, 2016 (NYSE:TOO)
www.capitalcube.com - August 19 at 10:46 AM
feeds.benzinga.com logoMid-Afternoon Market Update: Crude Oil Up 2.7%; Canadian Solar Shares Rise Following Q2 Results (NYSE:TOO)
feeds.benzinga.com - August 18 at 5:56 PM
feeds.benzinga.com logoMid-Day Market Update: Sunedison Semiconductor Surges Following GlobalWafers Buyout; Auris Medical Shares Drop (NYSE:TOO)
feeds.benzinga.com - August 18 at 1:31 PM
fidaily.com logoRBC Capital Upgrades Rating On Teekay Offshore Partners L.P. C ... - Finance Daily (NYSE:TOO)
www.fidaily.com - August 18 at 10:55 AM
News IconTeekay Offshore Partners LP (NYSE: TOO) stock upgraded at RBC Capital Markets - BNB Daily (blog) (NYSE:TOO)
www.baseball-news-blog.com - August 18 at 10:55 AM
finance.yahoo.com logoTeekay Offshore upgraded by RBC Capital Mkts (NYSE:TOO)
finance.yahoo.com - August 18 at 10:55 AM
investornewswire.com logoAnalysts See Sales Of $1106.4 For Teekay Offshore Partners L.P. (NYSE:TOO) - Investor Newswire (NYSE:TOO)
www.investornewswire.com - August 17 at 10:49 AM
capitalcube.com logoTeekay Offshore Partners LP :TOO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:TOO)
www.capitalcube.com - August 12 at 7:58 PM
finance.yahoo.com logoDHT Holdings (DHT) Looks Good: Stock Adds 7.1% in Session (NYSE:TOO)
finance.yahoo.com - August 11 at 11:16 AM
investornewswire.com logoTeekay Offshore Partners L.P. (NYSE:TOO) Records An Estimated Annual Sales Mean Of $1106.4 - Investor Newswire (NYSE:TOO)
www.investornewswire.com - August 10 at 11:01 AM
finance.yahoo.com logoEdited Transcript of TOO earnings conference call or presentation 4-Aug-16 4:00pm GMT (NYSE:TOO)
finance.yahoo.com - August 5 at 10:54 AM
marketwired.com logoTeekay Offshore Partners Reports Second Quarter 2016 Results (NYSE:TOO)
www.marketwired.com - August 4 at 11:05 AM
biz.yahoo.com logoQ2 2016 Teekay Offshore Partners LP Earnings Release - Before Market Open (NYSE:TOO)
biz.yahoo.com - August 4 at 11:05 AM
seekingalpha.com logoTeekay Offshore Partners net income of $23.56M (NYSE:TOO)
seekingalpha.com - August 4 at 3:34 AM
nasdaq.com logoTeekay Offshore Partners Series A Cumulative Redeemable Preferred Units Goes Ex-Dividend Soon (NYSE:TOO)
www.nasdaq.com - August 3 at 8:13 PM
seekingalpha.com logoTeekay Offshore Partners, L.P.: Profitable Adventure Or Train Wreck? (NYSE:TOO)
seekingalpha.com - August 3 at 8:13 PM
investornewswire.com logoTeekay Offshore Partners L.P. (NYSE:TOO) Yearly Sales Target At $1106.4 - Investor Newswire (NYSE:TOO)
www.investornewswire.com - August 2 at 8:13 PM
nasdaq.com logoTeekay Offshore Partners Series A Cumulative Redeemable Preferred Units Goes Ex-Dividend Soon - Nasdaq (NYSE:TOO)
www.nasdaq.com - August 2 at 8:13 PM
News IconUpcoming Earnings Report: Teekay Offshore Partners LP (NYSE:TOO) - The Voice Registrar (NYSE:TOO)
voiceregistrar.com - July 30 at 7:02 PM
feeds.reuters.com logoBRIEF-Teekay Offshore Partners files to offer or resale of up to about 22 mln of its common units by the selling securityholders (NYSE:TOO)
feeds.reuters.com - July 29 at 5:41 PM
4-traders.com logoTEEKAY OFFSHORE PARTNERS L.P. : ex-dividend day (NYSE:TOO)
www.4-traders.com - July 27 at 10:58 AM
nasdaq.com logoTeekay Offshore Partners L.P. (TOO) Ex-Dividend Date Scheduled for July 27, 2016 - Nasdaq (NYSE:TOO)
www.nasdaq.com - July 27 at 10:58 AM
investornewswire.com logoExpected For Teekay Offshore Partners L.P. (NYSE:TOO) Sales Of $1106.4 - Investor Newswire (NYSE:TOO)
www.investornewswire.com - July 26 at 8:21 PM
ftsenews.co.uk logoTeekay Offshore Partners L.P. (NYSE:TOO) Updated Price Targets - FTSE News (NYSE:TOO)
www.ftsenews.co.uk - July 26 at 11:23 AM
capitalcube.com logoTeekay Offshore Partners LP breached its 50 day moving average in a Bearish Manner : TOO-US : July 25, 2016 (NYSE:TOO)
www.capitalcube.com - July 25 at 8:30 AM
News IconTeekay Offshore Partners L.P. (NYSE:TOO): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:TOO)
www.engelwooddaily.com - July 22 at 7:41 PM
News IconFirms and Funds Increasing Their Stake in Teekay Offshore Partners LP (NYSE:TOO) - Engelwood Daily (NYSE:TOO)
www.engelwooddaily.com - July 22 at 7:41 PM
news.cmlviz.com logoTeekay Offshore Partners LP (NYSE:TOO) Fundamental Star Rating Report - CML News (NYSE:TOO)
news.cmlviz.com - July 22 at 7:41 PM
News IconEquity Roundup: Stock Performance Focus on Teekay Offshore Partners L.P. (NYSE:TOO) - Press Telegraph (NYSE:TOO)
presstelegraph.com - July 21 at 8:11 PM
News IconInstitutions Increasing Their Positions in Teekay Offshore Partners LP (NYSE:TOO) - Engelwood Daily (NYSE:TOO)
www.engelwooddaily.com - July 21 at 8:11 PM
News IconAre Analysts Bearish Teekay Offshore Partners L.P. (NYSE:TOO) After Last Week? - Consumer Eagle (NYSE:TOO)
www.consumereagle.com - July 20 at 10:46 AM
seekingalpha.com logoTeekay Offshore Partners: A View From The Perspective Of A Preferred Investor (NYSE:TOO)
seekingalpha.com - July 19 at 8:50 AM
News IconWFW Advises Teekay on Major Financing Initiatives (NYSE:TOO)
www.maritimeprofessional.com - July 16 at 7:09 PM
News IconAnalyst Target and Average Rating Watch: Teekay Offshore Partners L.P. (NYSE:TOO) - Press Telegraph (NYSE:TOO)
presstelegraph.com - July 15 at 1:09 PM
News IconTeekay Offshore Partners L.P. (NYSE:TOO) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:TOO)
www.engelwooddaily.com - July 15 at 1:09 PM
fiscalstandard.com logoBroker Outlook For Teekay Offshore Partners L.P. (NYSE:TOO) - Fiscal Standard (NYSE:TOO)
www.fiscalstandard.com - July 15 at 1:09 PM
News IconIs Selling Stock Like Teekay Offshore Partners L.P. After Such Decline Winning Strategy? - Press Telegraph (NYSE:TOO)
presstelegraph.com - July 14 at 11:29 AM
News IconTrading Performance and Target Watch for Teekay Offshore Partners L.P. (NYSE:TOO) - Press Telegraph (NYSE:TOO)
presstelegraph.com - July 14 at 11:29 AM
News IconTeekay Offshore Partners L.P. (NYSE:TOO) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:TOO)
telanaganapress.com - July 13 at 8:11 PM
insidermonkey.com logoTeekay Offshore Partners L P (TOO): Alec Litowitz and Ross Laser's Magnetar Capital Ups Its Stake - Insider Monkey (blog) (NYSE:TOO)
www.insidermonkey.com - July 13 at 8:11 PM
capitalcube.com logoTeekay Offshore Partners LP breached its 50 day moving average in a Bullish Manner : TOO-US : July 13, 2016 (NYSE:TOO)
www.capitalcube.com - July 13 at 9:02 AM
News IconTeekay Offshore Partners L P (TOO): Alec Litowitz and Ross Laser’s Magnetar Capital Ups Its Stake (NYSE:TOO)
feedproxy.google.com - July 12 at 1:55 PM
fiscalstandard.com logoNext Weeks Broker Price Targets For Teekay Offshore Partners L.P. (NYSE:TOO) - Fiscal Standard (NYSE:TOO)
www.fiscalstandard.com - July 10 at 6:58 PM
News IconCan Teekay Offshore Partners L.P. (NYSE:TOO) Improve on the Earnings Front? - Engelwood Daily (NYSE:TOO)
www.engelwooddaily.com - July 8 at 7:47 PM
News IconCompany Stock Focus for Teekay Offshore Partners L.P. (NYSE:TOO): Which Way Will Shares Head? - Press Telegraph (NYSE:TOO)
presstelegraph.com - July 7 at 7:55 PM
News IconPerformance Recap and Target Perspective on Teekay Offshore Partners L.P. (NYSE:TOO) - Press Telegraph (NYSE:TOO)
presstelegraph.com - July 7 at 10:36 AM

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Teekay Offshore Partners L.P. (NYSE:TOO) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff