Of note is the ratio of Teekay LNG Partners LP's sales and general administrative expense to its total operating expenses; merely 7.34% of US stocks have a lower such ratio.
For TGP, its debt to operating expenses ratio is greater than that reported by 96.69% of US equities we're observing.
Teekay LNG Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 48.29%, greater than the shareholder yield of 93.83% of stocks in our set.
Stocks that are quantitatively similar to TGP, based on their financial statements, market capitalization, and price volatility, are GMLP, ALX, SJI, SACH, and GPP.
TGP's SEC filings can be seen here. And to visit Teekay LNG Partners LP's official web site, go to www.teekay.com.
Teekay Energy Partners LP provides marine transportation services for liquefied natural gas, liquefied petroleum gas,, and crude oil worldwide. The company was founded in 2004 and is based in Hamilton, Bermuda.
TGP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Teekay LNG Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Teekay LNG Partners LP ranked in the 98th percentile in terms of potential gain offered. Our DCF model suggests the stock is undervalued by 18671%; returns of such proportions should be viewed with some skepticism, though. In terms of the factors that were most noteworthy in this DCF analysis for TGP, they are:
The company's compound free cash flow growth rate over the past 4.97 years comes in at 1.5%; that's greater than 94.66% of US stocks we're applying DCF forecasting to.
22% of the company's capital comes from equity, which is greater than just 9.03% of stocks in our cash flow based forecasting set.
Relative to other stocks in its sector (Energy), Teekay LNG Partners LP has a reliance on debt greater than 76.05% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SNMP, IMO, QES, DNR, and USAC can be thought of as valuation peers to TGP, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
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.
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.
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 ...
Shares of Teekay LNG Partners (NYSE:TGP) were flat in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 70.59% year over year to $0.58, which missed the estimate of $0.66.Revenue of $139,887,000 decreased by 6.58% from the same period last year, which missed the estimate of $142,240,000.Looking Ahead Teekay LNG Partners hasn't issued any earnings guidance for the time being.Teekay LNG Partners hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 21, 2020View more earnings on TGPTime: 01:00 PMET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1314040&tp_key=266fadf1bbRecent Stock Performance Company's 52-week high was at $16.74Company's 52-week low was at $7.00Price action ov...