NYSE:TOO - Teekay Offshore Partners Stock Price, News, & Analysis

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$1.68 +0.03 (+1.82 %)
(As of 12/9/2018 02:54 PM ET)
Previous Close$1.68
Today's Range$1.65 - $1.7250
52-Week Range$1.62 - $3.12
Volume398,385 shs
Average Volume396,988 shs
Market Capitalization$688.88 million
P/E Ratio168.00
Dividend Yield2.38%
Beta2.35
Teekay Offshore Partners L.P. provides marine transportation, oil production, storage, long-distance towing and offshore installation, and maintenance and safety services for the oil industry. It operates in six segments: Floating Production, Storage and Offloading (FPSO); Shuttle Tanker; Floating Storage and Off-Take (FSO); Unit for Maintenance and Safety (UMS); Towage; and Conventional Tanker. The company serves customers in offshore oil regions of the North Sea, Brazil, and the East Coast of Canada. As at December 31, 2017, it had a fleet of 37 shuttle tankers, 3 chartered-in vessels, 1 HiLoad dynamic positioning unit, 8 FPSO units, 6 FSO units, 10 long-distance towing and offshore installation vessels, 1 UMS, and 2 chartered-in conventional oil tankers. Teekay Offshore GP L.L.C. serves as the general partner of Teekay Offshore Partners L.P. The company was founded in 2006 and is based in Hamilton, Bermuda. Teekay Offshore Partners L.P. is a subsidiary of Brookfield TK TOLP L.P.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water transportation
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:TOO
Previous Symbol
CUSIPN/A
Phone441-298-2530

Debt

Debt-to-Equity Ratio2.57
Current Ratio0.52
Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio168.00
Forward P/E Ratio-8.84
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.11 billion
Price / Sales0.62
Cash Flow$0.8235 per share
Price / Cash Flow2.04
Book Value$2.94 per share
Price / Book0.57

Profitability

EPS (Most Recent Fiscal Year)$0.01
Net Income$-303,200,000.00
Net Margins-13.24%
Return on Equity3.40%
Return on Assets0.57%

Miscellaneous

Employees1,253
Outstanding Shares410,050,000
Market Cap$688.88 million
OptionableOptionable

Teekay Offshore Partners (NYSE:TOO) Frequently Asked Questions

What is Teekay Offshore Partners' stock symbol?

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

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

Teekay Offshore Partners announced a quarterly dividend on Wednesday, October 3rd. Shareholders of record on Friday, November 2nd will be given a dividend of $0.01 per share on Friday, November 9th. This represents a $0.04 annualized dividend and a yield of 2.38%. The ex-dividend date is Thursday, November 1st. View Teekay Offshore Partners' Dividend History.

When is Teekay Offshore Partners' next earnings date?

Teekay Offshore Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Teekay Offshore Partners.

What price target have analysts set for TOO?

1 brokerages have issued 12-month target prices for Teekay Offshore Partners' shares. Their predictions range from $2.75 to $2.75. On average, they anticipate Teekay Offshore Partners' stock price to reach $2.75 in the next twelve months. This suggests a possible upside of 63.7% from the stock's current price. View Analyst Price Targets for Teekay Offshore Partners.

What is the consensus analysts' recommendation for Teekay Offshore Partners?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Offshore Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay Offshore Partners.

Has Teekay Offshore Partners been receiving favorable news coverage?

Media headlines about TOO stock have been trending positive on Sunday, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Teekay Offshore Partners earned a news impact score of 2.3 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next few days.

Who are some of Teekay Offshore Partners' key competitors?

Who are Teekay Offshore Partners' key executives?

Teekay Offshore Partners' management team includes the folowing people:
  • Ms. Ingvild Sæther, Pres & CEO of Teekay Offshore Group Ltd (Age 49)
  • Mr. Jan Rune Steinsland, Chief Financial Officer (Age 58)
  • Mr. Duncan Donaldson, Gen. Counsel of Teekay Offshore Group Ltd. (Age 38)
  • Ms. May-Brit Johnsen, Head of Leadership & Organizational Devel. of Teekay Offshore Group Ltd.
  • Ms. Edith Robinson, Sec. of Teekay Offshore GP LLC (Age 53)

Who are Teekay Offshore Partners' major shareholders?

Teekay Offshore Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (8.41%), Luminus Management LLC (2.33%), TCW Group Inc. (0.29%), RR Advisors LLC (0.26%), JPMorgan Chase & Co. (0.16%) and JPMorgan Chase & Co. (0.16%). View Institutional Ownership Trends for Teekay Offshore Partners.

Which major investors are selling Teekay Offshore Partners stock?

TOO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Luminus Management LLC. View Insider Buying and Selling for Teekay Offshore Partners.

Which major investors are buying Teekay Offshore Partners stock?

TOO stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, TCW Group Inc., RR Advisors LLC, JPMorgan Chase & Co., JPMorgan Chase & Co. and GSA Capital Partners LLP. View Insider Buying and Selling for Teekay Offshore Partners.

How do I buy shares of Teekay Offshore Partners?

Shares of TOO 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 Offshore Partners' stock price today?

One share of TOO stock can currently be purchased for approximately $1.68.

How big of a company is Teekay Offshore Partners?

Teekay Offshore Partners has a market capitalization of $688.88 million and generates $1.11 billion in revenue each year. The shipping company earns $-303,200,000.00 in net income (profit) each year or $0.01 on an earnings per share basis. Teekay Offshore Partners employs 1,253 workers across the globe.

What is Teekay Offshore Partners' official website?

The official website for Teekay Offshore Partners is http://teekay.com.

How can I contact Teekay Offshore Partners?

Teekay Offshore 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 Offshore Partners (NYSE TOO)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  531
MarketBeat's community ratings are surveys of what our community members think about Teekay Offshore Partners and other stocks. Vote "Outperform" if you believe TOO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TOO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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