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: $6.32
  • 50 Day Moving Average: $5.57
  • 200 Day Moving Average: $5.70
  • 52-Week Range: $2.30 - $17.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 3.95
  • P/E Growth: 0.62
  • Market Cap: $868.55M
  • 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 (18.78% 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 9/30/2014 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: $1.48 EPS
Next Year EPS Consensus Estimate: $1.60 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:6.96%
Dividend Growth:2.20% (3 Year Average)
Payout Ratio:29.73% (Based on Current Year Consensus EPS Estimate)
27.50% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

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 logoConsider Teekay Offshore Partners' Preferreds For Dividend Investors (NYSE:TOO)
seekingalpha.com - September 28 at 9:40 AM
seekingalpha.com logoConsider Teekay Offshore Partners' Preferreds For Dividend Investors - Seeking Alpha (NYSE:TOO)
seekingalpha.com - September 28 at 9:40 AM
News IconTeekay Offshore Bags North Sea Shuttle Tanker - MarineLink - MarineLink (NYSE:TOO)
www.marinelink.com - September 27 at 12:17 PM
News IconVigorous Gainers/Losers Roundup: Novartis (NYSE:NVS), Teekay ... - Street Wise Report (press release) (blog) (NYSE:TOO)
streetwisereport.com - September 27 at 12:17 PM
News IconHow Many Teekay Offshore Partners L.P. (NYSE:TOO)'s Analysts Are Bearish? - Post News (NYSE:TOO)
www.kentuckypostnews.com - September 27 at 12:17 PM
News IconTeekay Offshore Bags North Sea Shuttle Tanker Contracts (NYSE:TOO)
www.worldenergynews.com - September 26 at 10:37 AM
capitalcube.com logoTeekay Offshore Partners LP breached its 50 day moving average in a Bullish Manner : TOO-US : September 26, 2016 (NYSE:TOO)
www.capitalcube.com - September 26 at 10:37 AM
finance.yahoo.com logoTeekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts - Yahoo Finance (NYSE:TOO)
finance.yahoo.com - September 24 at 9:25 AM
marketwired.com logoTeekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts - Marketwired (press release) (NYSE:TOO)
www.marketwired.com - September 23 at 9:17 AM
finance.yahoo.com logo7:01 am Teekay Offshore announces new three-year shuttle tanker contracts of affreightment, plus extension options, with BP plc (BP (NYSE:TOO)
finance.yahoo.com - September 23 at 9:17 AM
publicnow.com logoTeekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts (NYSE:TOO)
www.publicnow.com - September 23 at 9:17 AM
News IconSell-side is Weighing in on Teekay Offshore Partners L.P. (NYSE:TOO) Earnings & Targets - Frisco Fastball (NYSE:TOO)
friscofastball.com - September 22 at 9:20 AM
prnewswire.com logoResearch Reports Initiation on Shipping Stocks -- Teekay Tankers, Top Ships, Teekay Offshore Partners, and Kirby - PR Newswire (press release) (NYSE:TOO)
www.prnewswire.com - September 22 at 9:20 AM
4-traders.com logoKirby : Research Reports Initiation on Shipping Stocks -- Teekay Tankers, Top Ships, Teekay Offshore Partners, and Kirby (NYSE:TOO)
www.4-traders.com - September 21 at 7:13 PM
bizjournals.com logoResearch Reports Initiation on Shipping Stocks -- Teekay Tankers, Top Ships, Teekay Offshore Partners, and Kirby (NYSE:TOO)
www.bizjournals.com - September 21 at 7:13 PM
investornewswire.com logoTeekay Offshore Partners L.P. (NYSE:TOO)'s Expectation Of $1050.12 In Sales - Investor Newswire (NYSE:TOO)
www.investornewswire.com - September 21 at 6:37 AM
News IconStock to Watch: Teekay Offshore Partners L.P. (NYSE:TOO), Concordia Healthcare Corp. (NASDAQ:CXRX) - Newburgh Press (NYSE:TOO)
newburghpress.com - September 20 at 4:30 PM
News IconTeekay Offshore Partners LP's (TOO) “Hold” Rating Reaffirmed at Morgan Stanley - DailyQuint (NYSE:TOO)
dailyquint.com - September 16 at 7:26 PM
News IconUlsteins’ ALP Future Class AHTS Vessel Gives Striking Bollard Pull Results (NYSE:TOO)
www.marineinsight.com - September 16 at 7:26 PM
capitalcube.com logoTeekay Offshore Partners LP – Value Analysis (NYSE:TOO) : September 16, 2016 (NYSE:TOO)
www.capitalcube.com - September 16 at 7:25 PM
capitalcube.com logoTeekay Offshore Partners LP breached its 50 day moving average in a Bearish Manner : TOO-US : September 15, 2016 (NYSE:TOO)
www.capitalcube.com - September 15 at 11:25 AM
News IconConsensus Take: Teekay Offshore Partners L.P. (NYSE:TOO) Earnings & Ratings Watch - Frisco Fastball (NYSE:TOO)
friscofastball.com - September 14 at 7:53 PM
News IconShares Going Lower in Trade: Teekay Offshore Partners LP (NYSE:TOO) - Post News (NYSE:TOO)
www.kentuckypostnews.com - September 14 at 7:53 PM
investornewswire.com logoExpected For Teekay Offshore Partners L.P. (NYSE:TOO) Sales Of $1050.12 - Investor Newswire (NYSE:TOO)
www.investornewswire.com - September 14 at 7:53 PM
investopedia.com logoShipping Stocks at Make or Break Level (FRO, TOO) - Investopedia (NYSE:TOO)
www.investopedia.com - September 14 at 7:53 PM
News IconTeekay Offshore Partners L.P. (NYSE:TOO) in Traders Focus - Newburg Press (NYSE:TOO)
newburghpress.com - September 12 at 7:15 PM
News IconNotable Runners: Cerner Corporation (NASDAQ:CERN), Outerwall ... - NYSE Journal (press release) (NYSE:TOO)
stockznews.com - September 9 at 7:18 PM
News IconShares Ticking Lower in Trade: Teekay Offshore Partners LP (NYSE:TOO) - Post News (NYSE:TOO)
www.kentuckypostnews.com - September 9 at 7:18 PM
4-traders.com logoAlerian : Index Series September 2016 Index Review (NYSE:TOO)
www.4-traders.com - September 9 at 9:28 AM
News IconStock Showing Gains in Today's Session: Teekay Offshore Partners LP (NYSE:TOO) - Post News (NYSE:TOO)
www.kentuckypostnews.com - September 7 at 7:49 PM
investornewswire.com logoTeekay Offshore Partners L.P. (NYSE:TOO) Expects Sales Of $1050.12 - Investor Newswire (NYSE:TOO)
www.investornewswire.com - September 7 at 11:33 AM
capitalcube.com logoTeekay Offshore Partners LP breached its 50 day moving average in a Bullish Manner : TOO-US : August 31, 2016 (NYSE:TOO)
www.capitalcube.com - August 31 at 9:55 AM
seekingalpha.com logoTeekay's Confidence And Adjusted ROA Improvements Contradict Bearish Expectations (NYSE:TOO)
seekingalpha.com - August 30 at 7:37 PM
seekingalpha.com logoMLP Bottom Fishing 10: Another Look At TOO - Seeking Alpha (NYSE:TOO)
seekingalpha.com - August 29 at 7:44 PM
seekingalpha.com logoMLP Bottom Fishing 10: Another Look At TOO (NYSE:TOO)
seekingalpha.com - August 29 at 7:44 PM
News IconCrowd Views on Teekay Offshore Partners L.P. (NYSE:TOO) - Post News (NYSE:TOO)
www.kentuckypostnews.com - August 29 at 9:47 AM
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

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Teekay Offshore Partners L.P. (NYSE:TOO) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff