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: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TOO
  • CUSIP:
Key Metrics:
  • Previous Close: $5.79
  • 50 Day Moving Average: $5.84
  • 200 Day Moving Average: $5.67
  • 52-Week Range: $2.62 - $7.25
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 3.91
  • P/E Growth: 0.79
  • Market Cap: $838.33M
  • Outstanding Shares: 143,059,000
  • Beta: 2.51
Profitability:
  • Net Margins: -0.88%
  • Return on Equity: 18.41%
  • Return on Assets: 2.29%
Debt:
  • Debt-to-Equity Ratio: 3.40%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.59%
Additional Links:
Companies Related to Teekay Offshore Partners L.P.:

Analyst Ratings

Consensus Ratings for Teekay Offshore Partners L.P. (NYSE:TOO) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $3.87 (34.02% downside)

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
8/3/2016National Bank FinancialLower Price TargetC$0.30 -> C$0.25View Rating Details
7/7/2016Wells Fargo & CompanyReiterated RatingHold -> NeutralView Rating Details
5/31/2016Morgan StanleyReiterated RatingHoldView Rating Details
4/4/2016Pi FinancialLower Price TargetBuyC$0.50 -> C$0.45View Rating Details
3/4/2016AltaCorp CapitalLower Price TargetSpec. BuyC$0.70 -> C$0.50View 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 CorpDowngradeNeutral -> Underperform$8.00View Rating Details
12/14/2015Clarkson CapitalLower Price Target$14.00View Rating Details
8/7/2015Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Teekay Offshore Partners L.P. (NYSE:TOO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
2/23/2017Q416$0.12($0.03)$275.56 million$274.92 millionN/AView Earnings Details
11/3/2016Q3$0.24$0.06$277.18 million$286.30 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: $1.16 EPS
Next Year EPS Consensus Estimate: $1.50 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:7.51%
Dividend Growth:-40.50% (3 Year Average)
Payout Ratio:-141.93% (Based on Trailing 12 Months of Earnings)
37.93% (Based on Current Year Consensus EPS Estimate)
29.33% (Based on Next Year Consensus EPS Estimate)

Dividend History for Teekay Offshore Partners L.P. (NYSE:TOO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/4/2017quarterly$0.117.99%2/1/20172/3/20172/10/2017
10/5/2016Quarterly$0.1111/2/201611/4/201611/10/2016
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)
Institutional Ownership Percentage: 54.20%
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
News IconStock Tracker: Trend Analysis on Teekay Offshore Partners LP (TOO) - Rives Journal (NYSE:TOO)
rivesjournal.com - February 23 at 2:05 AM
News IconFiscal Year Earnings Estimate on Teekay Offshore Partners LP(TOO) - Money Flow Index & Trends (NYSE:TOO)
www.moneyflowtrends.com - February 23 at 2:05 AM
News IconTechnical Focus on Shares of Teekay Offshore Partners LP (TOO) - BVN (NYSE:TOO)
bvnewsjournal.com - February 17 at 7:01 PM
News IconStock ABR Of Teekay Offshore Partners L.P. (NYSE:TOO) At 2.2 ... - Stock Observer (NYSE:TOO)
www.thestockobserver.com - February 17 at 7:01 PM
News IconStock Focus: Watching Shares of Teekay Offshore Partners LP (TOO) - BVN (NYSE:TOO)
bvnewsjournal.com - February 15 at 6:33 AM
News IconTicker Tracker: Looking at Teekay Offshore Partners LP (TOO) - Baldwin Journal (NYSE:TOO)
baldwinjournal.com - February 14 at 6:37 AM
News IconTeekay Offshore Partners L.P. (NYSE:TOO) Projected EPS At $0.12 ... - Stock Observer (NYSE:TOO)
www.thestockobserver.com - February 4 at 9:45 PM
News IconCan Teekay Offshore Partners L.P. (TOO)’s Tomorrow be Different? The Stock Formed a Bullish Descending Triangle (NYSE:TOO)
randolphguide.com - February 4 at 5:19 AM
nasdaq.com logoTeekay Offshore Partners Series A Cumulative Redeemable Preferred Units Ex-Dividend Reminder (NYSE:TOO)
www.nasdaq.com - February 3 at 6:19 AM
nasdaq.com logoTeekay Offshore Partners L.P. (TOO) Ex-Dividend Date Scheduled ... - Nasdaq (NYSE:TOO)
www.nasdaq.com - February 2 at 6:09 AM
News IconFred. Olsen Ocean and Teekay Offshore form joint venture (NYSE:TOO)
www.vesselfinder.com - February 2 at 6:06 AM
News IconCCI, ADX, and Williams %R Review for Teekay Offshore Partners LP (TOO) - Rives Journal (NYSE:TOO)
rivesjournal.com - January 29 at 8:18 AM
seekingalpha.com logoTeekay Offshore Partners: A View From The Perspective Of A Preferred Investor - An Update (NYSE:TOO)
seekingalpha.com - January 27 at 10:25 PM
News IconEarnings in Full Force, Analysts Take Aim at Teekay Offshore Partners L.P. (NYSE:TOO) - Wall Street Beacon (NYSE:TOO)
wsbeacon.com - January 27 at 4:46 PM
News IconMarket Rover: Looking at Levels on Shares of Teekay Offshore Partners LP (TOO) - Sherwood Daily (NYSE:TOO)
sherwooddaily.com - January 27 at 6:18 AM
News IconAnalysts Take: Teekay Offshore Partners L.P. (NYSE:TOO) Projected Earnings & Price Targets - Aiken Advocate (NYSE:TOO)
aikenadvocate.com - January 27 at 6:18 AM
News IconChart Level Analysis on Shares of Teekay Offshore Partners LP (TOO) - Sherwood Daily (NYSE:TOO)
sherwooddaily.com - January 25 at 7:30 AM
News IconIndicator Review on Shares of Teekay Offshore Partners LP (TOO) - Sherwood Daily (NYSE:TOO)
sherwooddaily.com - January 22 at 7:59 PM
News IconConsensus Take: Teekay Offshore Partners L.P. (NYSE:TOO) Earnings & Ratings Watch - Aiken Advocate (NYSE:TOO)
aikenadvocate.com - January 20 at 7:12 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Teekay Offshore Partners L.P. (NYSE:TOO) - Wall Street Beacon (NYSE:TOO)
wsbeacon.com - January 19 at 5:20 AM
prnewswire.com logoTechnical Reports on Shipping Equities -- Frontline, Top Ships, Teekay Offshore Partners, and Global Ship Lease - PR Newswire (press release) (NYSE:TOO)
www.prnewswire.com - January 17 at 10:38 AM
News IconTeekay Offshore Partners LP (NYSE:TOO) Projected to Achieve EPS Of $0.12 - Stock Observer (NYSE:TOO)
www.thestockobserver.com - January 15 at 2:49 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Teekay Offshore Partners LP (NYSE:TOO) - Wall Street Beacon (NYSE:TOO)
wsbeacon.com - January 15 at 2:49 AM
News IconABR Of Teekay Offshore Partners LP (NYSE:TOO) Stock At 2.5 - Stock Observer (NYSE:TOO)
www.thestockobserver.com - January 14 at 9:47 PM
News IconWill The Needle Move For Teekay Offshore Partners LP (NYSE:TOO) Shares This Earnings Season? - Wall Street Beacon (NYSE:TOO)
wsbeacon.com - January 14 at 9:47 PM
investornewswire.com logoCan Teekay Offshore Partners L.P. (NYSE:TOO) Hit Per-Share ... - Investor Newswire (NYSE:TOO)
www.investornewswire.com - January 11 at 6:52 AM
seekingalpha.com logoAlerian Rebalancings: What Happens To MLPs That Are Removed? (NYSE:TOO)
seekingalpha.com - January 6 at 6:12 AM
capitalcube.com logoTeekay Offshore Partners LP : TOO-US: Dividend Analysis : November 04th, 2016 (record date) : By the numbers : January 4, 2017 (NYSE:TOO)
www.capitalcube.com - January 5 at 7:08 AM
einnews.com logoOfficial: Manson alive amid reports he was hospitalized. (NYSE:TOO)
automotive.einnews.com - January 4 at 7:02 AM
einnews.com logoLiam Hemsworth’s Girlfriend Miley Cyrus Reveals First Pimple Of 2017 After Eating ‘Too Much Pizza’ (NYSE:TOO)
brazilbusiness.einnews.com - January 4 at 7:02 AM
News IconExxonMobil finds gas onshore Papua New Guinea (NYSE:TOO)
www.ogj.com - December 29 at 8:12 PM
News IconStock Tracker: Looking at the Numbers for Toro Oil & Gas Ltd. (TSXV:TOO) - Stock Newsweek (NYSE:TOO)
stocknewsweek.com - December 20 at 9:23 PM
News IconHow does Steelhead’s valuation of Toro stack up against similar sized Western Canada juniors? (NYSE:TOO)
boereport.com - December 15 at 6:46 AM
theglobeandmail.com logoToro agrees to buyout by ARC Financial-owned oil firm (NYSE:TOO)
www.theglobeandmail.com - December 15 at 6:46 AM
4-traders.com logoToro Oil & Gas : Steelhead Petroleum Ltd. to Acquire Toro Oil & Gas Ltd. for All Cash Consideration (NYSE:TOO)
www.4-traders.com - December 15 at 6:46 AM
News IconSteelhead Petroleum Ltd. to Acquire Toro Oil & Gas Ltd. for All Cash Consideration - BOE Report (press release) (NYSE:TOO)
boereport.com - December 14 at 6:27 AM
News IconIs Teekay Offshore Partners L.P. (TOO) A Good Stock To Buy? (NYSE:TOO)
feedproxy.google.com - December 11 at 5:50 AM
News IconFollowing FCF Scores for Toro Oil & Gas Ltd. (TSXV:TOO) - Stock Newsweek (NYSE:TOO)
stocknewsweek.com - December 10 at 7:23 PM
News IconWhat The Charts Are Saying About Toro Oil & Gas Ltd. (TSXV:TOO) - Stock Newsweek (NYSE:TOO)
stocknewsweek.com - December 7 at 12:51 AM
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highlanddigest.com - December 6 at 7:51 PM
News IconFollowing the Numbers on Shares of Toro Oil & Gas Ltd. (TSXV:TOO) - Stock Newsweek (NYSE:TOO)
stocknewsweek.com - December 4 at 7:08 PM
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heraldks.com - December 2 at 7:50 PM
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highlanddigest.com - December 1 at 8:08 PM
News IconUpdate on Valuation Formula's For Toro Oil & Gas Ltd. (TSXV:TOO) - Stock Newsweek (NYSE:TOO)
stocknewsweek.com - December 1 at 9:31 AM
News IconInvestor Spotlight on Shares of Toro Oil & Gas Ltd. (TSXV:TOO) - Highland Digest (NYSE:TOO)
highlanddigest.com - December 1 at 9:31 AM
4-traders.com logoToro Oil & Gas : Reports Third Quarter 2016 Financial and Operating Results (NYSE:TOO)
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reuters.com logoBRIEF-Toro Oil & Gas reports Q3 net comprehensive loss per share of $0.02 (NYSE:TOO)
www.reuters.com - November 29 at 3:49 PM
oilvoice.com logoToro Oil & Gas Ltd Reports Third Quarter 2016 Financial and Operating Results (NYSE:TOO)
www.oilvoice.com - November 29 at 3:49 PM
News IconInvestor Watch: Narrowing in on Toro Oil & Gas Ltd. (TSXV:TOO) - Highland Digest (NYSE:TOO)
highlanddigest.com - November 29 at 11:13 AM
News IconToro Oil & Gas Ltd Reports Third Quarter 2016 Financial and Operating Results - BOE Report (press release) (NYSE:TOO)
boereport.com - November 28 at 9:16 AM

Social

What is Teekay Offshore Partners L.P.'s stock symbol?

Teekay Offshore Partners L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "TOO."

How often does Teekay Offshore Partners L.P. pay dividends? What is the dividend yield for Teekay Offshore Partners L.P.?

Teekay Offshore Partners L.P. declared a quarterly dividend on Wednesday, January 4th. Stockholders of record on Friday, February 3rd will be paid a dividend of $0.11 per share on Friday, February 10th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date of this dividend is Wednesday, February 1st.

Where is Teekay Offshore Partners L.P.'s stock going? Where will Teekay Offshore Partners L.P.'s stock price be in 2017?

5 equities research analysts have issued 12 month price targets for Teekay Offshore Partners L.P.'s stock. Their predictions range from $0.25 to $8.00. On average, they expect Teekay Offshore Partners L.P.'s stock price to reach $3.87 in the next year.

When will Teekay Offshore Partners L.P. announce their earnings?

Teekay Offshore Partners L.P. is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns Teekay Offshore Partners L.P. stock?

Teekay Offshore Partners L.P.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Advisory Research Inc. (12.96%), FMR LLC (9.28%), Luminus Management LLC (0.94%), Avenir Corp (0.86%), Guggenheim Capital LLC (0.66%) and Raymond James Financial Services Advisors Inc. (0.15%). Company insiders that own Teekay Offshore Partners L.P. stock include Barry Olson, Donald Sabo, Gregory Gerald Phaneuf and James Mahoney.

Who sold Teekay Offshore Partners L.P. stock? Who is selling Teekay Offshore Partners L.P. stock?

Teekay Offshore Partners L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Avenir Corp, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and Raymond James Financial Services Advisors Inc..

Who bought Teekay Offshore Partners L.P. stock? Who is buying Teekay Offshore Partners L.P. stock?

Teekay Offshore Partners L.P.'s stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Luminus Management LLC, Advisory Research Inc. and Guggenheim Capital LLC. Company insiders that have bought Teekay Offshore Partners L.P. stock in the last two years include Barry Olson, Donald Sabo, Gregory Gerald Phaneuf and James Mahoney.

How do I buy Teekay Offshore Partners L.P. stock?

Shares of Teekay Offshore Partners L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Teekay Offshore Partners L.P. stock cost?

One share of Teekay Offshore Partners L.P. stock can currently be purchased for approximately $5.86.

Teekay Offshore Partners L.P. (NYSE:TOO) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Teekay Offshore Partners L.P. (NYSE:TOO)

Earnings History Chart

Earnings by Quarter for Teekay Offshore Partners L.P. (NYSE:TOO)

Dividend History Chart

Dividend Payments by Quarter for Teekay Offshore Partners L.P. (NYSE:TOO)

Last Updated on 2/23/2017 by MarketBeat.com Staff