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

About Teekay Offshore Partners L.P.

Teekay 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.:

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:

Date	Firm	Action	Rating	Price Target
8/18/2016	RBC Capital Markets	Upgrade	Sector Perform -> Outperform	$8.00
8/18/2016	Royal Bank Of Canada	Upgrade	Sector Perform -> Outperform	$5.00 -> $8.00
7/7/2016	Wells Fargo & Co.	Reiterated Rating	Hold -> Neutral
5/31/2016	Morgan Stanley	Reiterated Rating	Hold
12/21/2015	Raymond James Financial Inc.	Lower Price Target		$21.00 -> $8.00
12/17/2015	Seaport Global Securities	Downgrade	Accumulate -> Neutral
12/17/2015	Bank of America Corp.	Downgrade	Neutral -> Underperform	$8.00
12/14/2015	Clarkson Capital	Lower Price Target		$14.00
12/3/2015	National Bank Financial	Lower Price Target	Outperform	C$0.65 -> C$0.55
8/7/2015	Citigroup Inc.	Downgrade	Buy -> Neutral

(Data available from 9/30/2014 forward)

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

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/3/2016
8/4/2016	Q216	$0.24	$0.22	$269.61 million	$284.50 million	View	N/A
5/19/2016	Q116	$0.40	$0.58	$301.82 million	$306.70 million	View	Listen
2/18/2016	Q4	$0.39	$0.62	$312.20 million	$339.14 million	View	Listen
11/5/2015	Q3	$0.43	$0.13			View	N/A
8/6/2015	Q215	$0.33	$0.43	$276.77 million		View	N/A
5/14/2015		$0.31	($0.23)			View	N/A
2/20/2015		$0.33	$0.34			View	N/A
11/6/2014		$0.38	$0.25			View	N/A
8/7/2014	Q2	$0.36	$0.17			View	N/A
5/15/2014	Q1 14	$0.40	$0.36			View	N/A
2/20/2014		$0.39	$0.40			View	N/A
11/7/2013		$0.31	$0.09			View	N/A
8/8/2013	Q2 2013	$0.30	$0.16			View	N/A
5/9/2013	Q1 2013	$0.28	$0.23			View	N/A

(Data available from 1/1/2011 forward)

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

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	1	$0.29	$0.29	$0.29
Q2 2016	1	$0.27	$0.27	$0.27
Q3 2016	1	$0.35	$0.35	$0.35
Q4 2016	1	$0.27	$0.27	$0.27

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/1/2016	quarterly	$0.11	7.52%	7/27/2016	7/29/2016	8/12/2016
4/4/2016	Quarterly	$0.11		4/27/2016	4/29/2016	5/13/2016
1/20/2016	Quarterly	$0.11		2/3/2016	2/5/2016	2/12/2016
10/2/2015		$0.56		10/8/2015	10/13/2015	11/13/2015
7/2/2015	quarterly	$0.54	10.77%	7/10/2015	7/14/2015	8/14/2015
4/2/2015	quarterly	$0.54	10.05%	4/9/2015	4/13/2015	5/15/2015
1/5/2015	quarterly	$0.54	8.97%	1/13/2015	1/15/2015	2/13/2015
10/3/2014	quarterly	$0.54	6.71%	10/15/2014	10/17/2014	11/14/2014
7/11/2014	quarterly	$0.54	6.1%	7/23/2014	7/25/2014	8/8/2014
4/9/2014	quarterly	$0.54	6.46%	4/23/2014	4/25/2014	5/9/2014
1/15/2014	quarterly	$0.54	6.67%	1/29/2014	1/31/2014	2/14/2014
10/14/2013	quarterly	$0.53	6.27%	10/21/2013	10/23/2013	11/8/2013
7/15/2013	quarterly	$0.53	5.85%	7/19/2013	7/23/2013	8/9/2013
4/19/2013	quarterly	$0.53	6.88%	4/26/2013	4/30/2013	5/14/2013
1/22/2013	quarterly	$0.51	7.37%	1/30/2013	2/1/2013	2/14/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Teekay Offshore Partners L.P. (NYSE:TOO)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
1/22/2016	Barry Olson	Director	Buy	40,000	$0.25	$10,000.00
1/15/2016	Donald Sabo	Director	Buy	8,500	$0.20	$1,700.00
9/8/2015	Donald Sabo	Director	Buy	66,500	$0.40	$26,600.00
9/4/2015	Donald Sabo	Director	Buy	33,500	$0.35	$11,725.00
8/27/2015	Barry Olson	Director	Buy	25,000	$0.40	$10,000.00
8/27/2015	Gregory Gerald Phaneuf	Insider	Buy	12,500	$0.40	$5,000.00
7/17/2015	Donald Sabo	Director	Buy	50,000	$0.45	$22,500.00
7/9/2015	Donald Sabo	Director	Buy	50,000	$0.50	$25,000.00
7/3/2015	Donald Sabo	Director	Buy	13,500	$0.55	$7,425.00
7/2/2015	Donald Sabo	Director	Buy	36,500	$0.55	$20,075.00
4/7/2015	Barry Olson	Director	Buy	40,000	$0.65	$26,000.00

(Data available from 1/1/2013 forward)

Latest Headlines for Teekay Offshore Partners L.P. (NYSE:TOO)

Date	Headline
	Consider Teekay Offshore Partners' Preferreds For Dividend Investors (NYSE:TOO) seekingalpha.com - September 28 at 9:40 AM
	Consider Teekay Offshore Partners' Preferreds For Dividend Investors - Seeking Alpha (NYSE:TOO) seekingalpha.com - September 28 at 9:40 AM
	Teekay Offshore Bags North Sea Shuttle Tanker - MarineLink - MarineLink (NYSE:TOO) www.marinelink.com - September 27 at 12:17 PM
	Vigorous Gainers/Losers Roundup: Novartis (NYSE:NVS), Teekay ... - Street Wise Report (press release) (blog) (NYSE:TOO) streetwisereport.com - September 27 at 12:17 PM
	How 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
	Teekay Offshore Bags North Sea Shuttle Tanker Contracts (NYSE:TOO) www.worldenergynews.com - September 26 at 10:37 AM
	Teekay 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
	Teekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts - Yahoo Finance (NYSE:TOO) finance.yahoo.com - September 24 at 9:25 AM
	Teekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts - Marketwired (press release) (NYSE:TOO) www.marketwired.com - September 23 at 9:17 AM
	7:01 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
	Teekay Offshore Partners Awarded New North Sea Shuttle Tanker Contracts (NYSE:TOO) www.publicnow.com - September 23 at 9:17 AM
	Sell-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
	Research 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
	Kirby : 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
	Research 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
	Teekay 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
	Stock 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
	Teekay Offshore Partners LP's (TOO) “Hold” Rating Reaffirmed at Morgan Stanley - DailyQuint (NYSE:TOO) dailyquint.com - September 16 at 7:26 PM
	Ulsteins’ ALP Future Class AHTS Vessel Gives Striking Bollard Pull Results (NYSE:TOO) www.marineinsight.com - September 16 at 7:26 PM
	Teekay Offshore Partners LP – Value Analysis (NYSE:TOO) : September 16, 2016 (NYSE:TOO) www.capitalcube.com - September 16 at 7:25 PM
	Teekay 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
	Consensus Take: Teekay Offshore Partners L.P. (NYSE:TOO) Earnings & Ratings Watch - Frisco Fastball (NYSE:TOO) friscofastball.com - September 14 at 7:53 PM
	Shares Going Lower in Trade: Teekay Offshore Partners LP (NYSE:TOO) - Post News (NYSE:TOO) www.kentuckypostnews.com - September 14 at 7:53 PM
	Expected 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
	Shipping Stocks at Make or Break Level (FRO, TOO) - Investopedia (NYSE:TOO) www.investopedia.com - September 14 at 7:53 PM
	Teekay Offshore Partners L.P. (NYSE:TOO) in Traders Focus - Newburg Press (NYSE:TOO) newburghpress.com - September 12 at 7:15 PM
	Notable Runners: Cerner Corporation (NASDAQ:CERN), Outerwall ... - NYSE Journal (press release) (NYSE:TOO) stockznews.com - September 9 at 7:18 PM
	Shares Ticking Lower in Trade: Teekay Offshore Partners LP (NYSE:TOO) - Post News (NYSE:TOO) www.kentuckypostnews.com - September 9 at 7:18 PM
	Alerian : Index Series September 2016 Index Review (NYSE:TOO) www.4-traders.com - September 9 at 9:28 AM
	Stock 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
	Teekay Offshore Partners L.P. (NYSE:TOO) Expects Sales Of $1050.12 - Investor Newswire (NYSE:TOO) www.investornewswire.com - September 7 at 11:33 AM
	Teekay 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
	Teekay's Confidence And Adjusted ROA Improvements Contradict Bearish Expectations (NYSE:TOO) seekingalpha.com - August 30 at 7:37 PM
	MLP Bottom Fishing 10: Another Look At TOO - Seeking Alpha (NYSE:TOO) seekingalpha.com - August 29 at 7:44 PM
	MLP Bottom Fishing 10: Another Look At TOO (NYSE:TOO) seekingalpha.com - August 29 at 7:44 PM
	Crowd Views on Teekay Offshore Partners L.P. (NYSE:TOO) - Post News (NYSE:TOO) www.kentuckypostnews.com - August 29 at 9:47 AM
	Industrial Sector Shows 30 Of 50 Dividend Dogs 'Safe' In August (NYSE:TOO) seekingalpha.com - August 24 at 10:53 AM
	Analysts Recommendation and Rating Review: Teekay Offshore Partners L.P. (NYSE:TOO) - Post Registrar (NYSE:TOO) postregistrar.com - August 19 at 7:44 PM
	Teekay Offshore Partners LP: Strong price momentum but will it sustain? (NYSE:TOO) www.capitalcube.com - August 19 at 7:44 PM
	Twitter to take a beating from rivals, says Evercore (NYSE:TOO) www.proactiveinvestors.com - August 19 at 10:46 AM
	Teekay 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
	Mid-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
	Mid-Day Market Update: Sunedison Semiconductor Surges Following GlobalWafers Buyout; Auris Medical Shares Drop (NYSE:TOO) feeds.benzinga.com - August 18 at 1:31 PM
	RBC Capital Upgrades Rating On Teekay Offshore Partners L.P. C ... - Finance Daily (NYSE:TOO) www.fidaily.com - August 18 at 10:55 AM
	Teekay 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
	Teekay Offshore upgraded by RBC Capital Mkts (NYSE:TOO) finance.yahoo.com - August 18 at 10:55 AM
	Analysts 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
	Teekay 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
	DHT Holdings (DHT) Looks Good: Stock Adds 7.1% in Session (NYSE:TOO) finance.yahoo.com - August 11 at 11:16 AM
	Teekay 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