TGP - Teekay LNG Partners L.P.

NYSE - NYSE Delayed Price. Currency in USD
10.79
+0.37 (+3.55%)
At close: 4:00PM EDT

10.80 +0.01 (0.09%)
After hours: 7:52PM EDT

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Previous Close10.42
Open10.40
Bid10.71 x 3100
Ask10.80 x 1000
Day's Range10.35 - 10.86
52 Week Range7.00 - 16.74
Volume147,126
Avg. Volume301,295
Market Cap954.658M
Beta (5Y Monthly)1.47
PE Ratio (TTM)11.84
EPS (TTM)0.91
Earnings DateJul. 30, 2020 - Aug. 03, 2020
Forward Dividend & Yield1.00 (9.60%)
Ex-Dividend DateApr. 30, 2020
1y Target Est15.33
  • Thomson Reuters StreetEvents

    Edited Transcript of TGP earnings conference call or presentation 21-May-20 5:00pm GMT

    Q1 2020 Teekay LNG Partners LP Earnings Call

  • GlobeNewswire

    Teekay Corporation Board Member Bjorn Moller Announces Retirement

    Teekay Corporation (Teekay or the Company) (TK) today announced that Bjorn Moller is retiring from the Company’s Board of Directors, after more than 35 years of service with the Company. This included serving as a Teekay Board member for 22 years and as Teekay’s President and Chief Executive Officer from 1998 to 2011.

  • GlobeNewswire

    Teekay LNG Partners Declares Distributions on Series A and B Preferred Units

    HAMILTON, Bermuda, June 19, 2020 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions.

  • Teekay LNG Partners L.P. (TGP) Q1 2020 Earnings Call Transcript
    Motley Fool

    Teekay LNG Partners L.P. (TGP) Q1 2020 Earnings Call Transcript

    Before Mr. Kremin begins, I would like to direct all participants to our website at www.teekaylng.com, where you will find a copy of the first quarter of 2020 earnings presentation. Before we get into our results, we will take a moment to say thank you to all our seafarers and shore based staff for their extraordinary dedication to maintain business continuity.

  • Teekay Corp (TK) Q1 2020 Earnings Call Transcript
    Motley Fool

    Teekay Corp (TK) Q1 2020 Earnings Call Transcript

    Hello, everyone, and thank you very much for joining us today for Teekay Corporation's first quarter of 2020 earnings conference call. On the call today, I'm joined by Vince Lok, Teekay's Group CFO. Before we get into our results, I would like to take a moment to thank all of our seafarers and shore-based staff for their extraordinary dedication to maintain business continuity and bringing energy to the world with Teekay's spirit.

  • ACCESSWIRE

    Teekay LNG Partners LP to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 21, 2020 / Teekay LNG Partners LP (NYSE:TGP) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 21, 2020 at 1:00 PM Eastern ...

  • GlobeNewswire

    Teekay LNG Partners Reports First Quarter 2020 Results

    Highlights GAAP net loss attributable to the partners and preferred unitholders of $33.0 million and GAAP net loss per common unit of $0.50 in the first quarter of.

  • GlobeNewswire

    Teekay Corporation and Teekay LNG Partners L.P. Announce Elimination of Incentive Distribution Rights

    Teekay Corporation (Teekay) (TK) and Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP) today announced the execution of a definitive agreement to eliminate all of the Partnership’s incentive distribution rights (IDRs) in exchange for 10.75 million newly-issued Teekay LNG common units (Transaction). The Transaction concurrently closed on May 11, 2020. “This important transaction creates greater alignment between our sponsor, Teekay, and the rest of our common unitholders, and we believe that it removes one of the primary uncertainties for investors in Teekay LNG,” commented Mark Kremin, President and CEO of Teekay Gas Group Ltd. “With approximately 98 percent and 94 percent of our LNG fleet operating on fixed-rate charters for 2020 and 2021, respectively, and having increased our quarterly common unit distributions by over 30 percent for two consecutive years, we are well-positioned to continue executing on our balanced capital allocation plan of near-term balance sheet delevering, while continuing to return capital to unitholders.”

  • GlobeNewswire

    Teekay Group Announces First Quarter 2020 Earnings Results Conference Calls

    HAMILTON, Bermuda, May 06, 2020 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK).

  • GlobeNewswire

    Teekay LNG Partners Declares 32 Percent Increase In Common Unit Distribution

    HAMILTON, Bermuda, April 16, 2020 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution.

  • GlobeNewswire

    Teekay Group Announces Availability of Annual Reports on Form 20-F for Year Ended December 31, 2019; and Publishes 2019 Sustainability Report

    Teekay Corporation (Teekay) (TK), Teekay LNG Partners L.P. (Teekay LNG) (TGP) and Teekay Tankers Ltd. (Teekay Tankers) (TNK) (collectively, the Teekay Group) today announced that their Annual Reports on Form 20-F for the fiscal year ended December 31, 2019 (Annual Report) have been filed with the U.S. Securities and Exchange Commission and can be accessed at www.teekay.com, in the “Investors” section under “Financials and Presentations” for each respective entity. Shareholders and unitholders may also request a hard copy of the Annual Reports, which includes the Teekay Group’s complete 2019 audited financial statements, free of charge by contacting investor relations via e-mail at investor.relations@teekay.com or by phone at +1-604-609-2963.

  • GlobeNewswire

    TEEKAY LNG PARTNERS ANNOUNCES NEW LNG CHARTERS AND REFINANCING OF $225 MILLION UNSECURED CREDIT FACILITY

    Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP) announced today that it has secured new fixed-rate charters for two of its 52 percent-owned LNG carriers, a 12-month charter on the Arwa Spirit and an eight-month charter on the Methane Spirit, both of which are expected to commence upon completion and in direct continuation of their existing contracts in May and July 2020, respectively. In addition, Teekay LNG has successfully refinanced its existing $225 million unsecured revolving credit facility, which was scheduled to mature in November 2020, with a new two-year facility of the same amount and pricing consistent with the previous facility of LIBOR + 140 bps. “As we are an integral part of the world’s LNG supply chain, all of our vessels have continued to operate as expected under their existing fixed-rate contracts and I am pleased to report that, with these two new fixed-rate contracts, our LNG fleet is now 98 percent fixed though 2020 and 94 percent fixed for 2021,” commented Mark Kremin, President and CEO of Teekay Gas Group Ltd.  “The Partnership expects to continue to benefit from its long-term contracted cash flow, and continue allocating capital in a manner that focuses on delevering and strengthening its balance sheet, while also returning capital to unitholders, including a 32 percent increase in our cash distribution to an annualized amount of $1.00 per common unit effective for the first quarter of 2020.”

  • GlobeNewswire

    Connect Online with Major LNG and LPG Company Executives

    Get Expert Updates On Markets & Outlook A Pioneering Initiative - Keeping Our Sense Of Community, Information Flow & Industry Connectivity at Capital Link’s 14th.

  • GlobeNewswire

    TEEKAY LNG PARTNERS DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS; AND REITERATES 2020 DISTRIBUTION GUIDANCE ON COMMON UNITS

    Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), has declared cash distributions of $0.5625 per unit on the Partnership’s Series A preferred units (NYSE:TGP PR A) and $0.5313 per unit on the Partnership’s Series B preferred units (NYSE:TGP PR B) for the period from January 1, 2020 to March 31, 2020. The cash distributions are payable on April 15, 2020 to all unitholders of record as at March 31, 2020. Teekay LNG’s preferred unit distributions are reported on Form 1099 for United States tax purposes.

  • Thomson Reuters StreetEvents

    Edited Transcript of TGP earnings conference call or presentation 27-Feb-20 5:00pm GMT

    Q4 2019 Teekay LNG Partners LP Earnings Call

  • GlobeNewswire

    Teekay Corporation Reports Fourth Quarter and Annual 2019 Results

    Highlights GAAP net income attributable to shareholders of Teekay of $11.3 million, or $0.11 per share, and adjusted net income attributable to shareholders of Teekay(1) of.

  • GlobeNewswire

    Teekay LNG Partners Reports Fourth Quarter 2019 and Annual 2019 Results

    Highlights GAAP net income attributable to the partners and preferred unitholders of $67.4 million and GAAP net income per common unit of $0.77 in the fourth quarter of 2019;.

  • GlobeNewswire

    Teekay Group Announces Fourth Quarter and Fiscal Year 2019 Earnings Results Conference Calls

    HAMILTON, Bermuda, Feb. 14, 2020 -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK).

  • GlobeNewswire

    Teekay LNG Partners Declares Distribution

    HAMILTON, Bermuda, Jan. 20, 2020 -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution.

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  • Are You Looking for a Top Momentum Pick? Why Teekay LNG Partners L.P. (TGP) is a Great Choice
    Zacks

    Are You Looking for a Top Momentum Pick? Why Teekay LNG Partners L.P. (TGP) is a Great Choice

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  • Should Value Investors Consider Teekay LNG (TGP) Stock?
    Zacks

    Should Value Investors Consider Teekay LNG (TGP) Stock?

    Teekay LNG (TGP) stock may be a good choice for value-oriented investors right now from multiple angles.

  • GlobeNewswire

    Teekay LNG Partners Reports Third Quarter 2019 Results

    Highlights GAAP net income attributable to the partners and preferred unitholders of $47.4 million and GAAP net income per common unit of $0.51.Adjusted net income(1).

  • GlobeNewswire

    Teekay Corporation Reports Third Quarter 2019 Results

    Highlights GAAP net loss attributable to shareholders of Teekay of $198.2 million, or $1.97 per share (inclusive of $175.8 million of impairment charges), and adjusted net loss.