Teekay LNG Partners L.P. (TGP) News
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TGP News Highlights
- For TGP, its 30 day story count is now at 4.
- Over the past 15 days, the trend for TGP's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about TGP are LNG, LPG and SHIP.
Latest TGP News From Around the Web
Below are the latest news stories about Teekay LNG Partners LP that investors may wish to consider to help them evaluate TGP as an investment opportunity.
Jefferies Stick to Their Hold Rating for Teekay Lng Partners L.P.
Photo by pigphoto/iStock via Getty Images Investment Thesis The Bermuda-based Teekay Tankers Ltd. (TNK) released its fourth-quarter and full-year 2020 results on Feb. 25, 2021. Teekay Tankers' results reflected the tanker market's recent weakness Teekay Tankers is the last company of the "Teekay group" that I am covering. I have...
Teekay Group Publishes 2020 Sustainability Report; and Announces Availability of Annual Reports on Form 20-F for Year Ended December 31, 2020
HAMILTON, Bermuda, April 12, 2021 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2020 Sustainability Report, which can be accessed on the Teekay Group’s website by clicking here. “There is broad recognition in the maritime industry that to remain relevant, we must find new cost-effective solutions to reduce greenhouse gas emissions and address climate change while we continue to serve the world’s growing transportation needs,” commented Kenneth Hvid, Teekay’s President and CEO. “We are committed to this challenge and, since 2008, we have significantly reduced the emissions intensity of our fleets and ar...
The oil tanker industry is involved in the transportation and storage of crude oil, natural gas, and related products. Companies in the industry own, operate, or lease various types of oil tankers and facilities. Depressed demand for oil due to the COVID-19 pandemic has reduced demand for oil transportation.
Teekay LNG Partners (NYSE:TGP) released its quarterly earnings data on Thursday. The shipping company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.05, MarketWatch Earnings reports. Teekay LNG Partners had a return on equity of 15.23% and a net margin of 20.41%. TGP opened at $13.51 […]
Before we begin, I'd like to direct all participants to our website at www.teekay.com, where you'll find a copy of the fourth quarter and annual 2020 earnings presentation. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the fourth quarter and annual 2020 earnings release and earnings presentation available on our website.
Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the fourth quarter and fiscal 2020 earnings release and earnings presentation available on our website. Thank you, Scott.
NEW YORK, NY / ACCESSWIRE / February 25, 2021 / Teekay LNG Partners LP (NYSE:TGP) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 25, 2021 at 1:00 PM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.
Highlights GAAP net income attributable to the partners and preferred unitholders of $35.1 million and GAAP net income per common unit of $0.32 in the fourth quarter of 2020; and $87.4 million and $0.73 per common unit, respectively, for fiscal 2020.Adjusted net income(1) attributable to the partners and preferred unitholders of $60.0 million and adjusted net income per common unit of $0.61 in the fourth quarter of 2020 (excluding other items listed in Appendix A to this release), and a record high $233.8 million and $2.45 per common unit, respectively, for fiscal 2020.Total adjusted EBITDA(1) of $190.2 million in the fourth quarter of 2020; and $757.9 million for fiscal 2020.In early-December 2020, secured a fixed-rate charter for the 52 percent-owned Methane Spirit to early-2023. The ...
Highlights GAAP net loss attributable to shareholders of Teekay of $19.4 million, or $0.19 per share, and adjusted net income attributable to shareholders of Teekay(1) of $2.8 million, or $0.03 per share, in the fourth quarter of 2020 (excluding items listed in Appendix A to this release).Total adjusted EBITDA(1) of $201.1 million in the fourth quarter of 2020.Fiscal year 2020 adjusted net income attributable to shareholders of Teekay(1) significantly improved to $83 million, or $0.82 per share, and total adjusted EBITDA increased to $1.1 billion, up over 14 percent from fiscal year 2019.Reduced consolidated net debt by $887.8 million(3) in 2020; and total consolidated liquidity increased to $1.0 billion as of December 31, 2020.Teekay LNG expects to increase its common unit distribution...