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

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

Teekay Offshore Partners announced a quarterly dividend on Wednesday, October 3rd. Investors 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 dividend yield of 3.48%. The ex-dividend date is Thursday, November 1st. View Teekay Offshore Partners' Dividend History.

Teekay Offshore Partners L.P. (NYSE:TOO) posted its quarterly earnings data on Wednesday, July, 31st. The shipping company reported ($0.01) EPS for the quarter. The shipping company had revenue of $287.15 million for the quarter. Teekay Offshore Partners had a negative net margin of 0.21% and a positive return on equity of 16.61%. View Teekay Offshore Partners' Earnings History.

Teekay Offshore Partners is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Teekay Offshore Partners.

2 analysts have issued 12 month target prices for Teekay Offshore Partners' shares. Their forecasts range from $1.00 to $1.00. On average, they anticipate Teekay Offshore Partners' share price to reach $1.00 in the next year. This suggests that the stock has a possible downside of 13.0%. View Analyst Price Targets for Teekay Offshore Partners.

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

Headlines about TOO stock have been trending negative this week, according to InfoTrie. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -2.9 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Teekay Offshore Partners.

Some companies that are related to Teekay Offshore Partners include Matson (MATX), Golar LNG (GLNG), Teekay Lng Partners (TGP), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Teekay Tankers (TNK), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG) and Odyssey Marine Exploration (OMEX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay Offshore Partners investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), SunCoke Energy Partners (SXCP), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), NGL Energy Partners (NGL), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP), Cornerstone Strategic Value Fund (CLM) and Teekay Lng Partners (TGP).

Teekay Offshore Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Brookfield Asset Management Inc. (73.30%), JPMorgan Chase & Co. (0.51%), First Manhattan Co. (0.39%), Bank of Montreal Can (0.15%), Polar Asset Management Partners Inc. (0.15%) and Polar Asset Management Partners Inc. (0.15%). View Institutional Ownership Trends for Teekay Offshore Partners.

TOO stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Jane Street Group LLC and First Manhattan Co.. View Insider Buying and Selling for Teekay Offshore Partners.

TOO stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., JPMorgan Chase & Co., Polar Asset Management Partners Inc., Polar Asset Management Partners Inc., Bank of Montreal Can, Invesco Ltd., Renaissance Technologies LLC and Morgan Stanley. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of TOO stock can currently be purchased for approximately $1.15.

Teekay Offshore Partners has a market capitalization of $471.86 million and generates $1.42 billion in revenue each year. Teekay Offshore Partners employs 2,000 workers across the globe.View Additional Information About Teekay Offshore Partners.

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

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 441-298-2533 or via email at [email protected]