As of the latest earnings report the EPS was $0.59 with 153.90M shares now outstanding. The correct version of this piece can be read at https://www.truebluetribune.com/2017/11/13/jefferies-group-weighs-in-on-teekay-lng-partners-l-p-s-q4-2017-earnings-tgp.html.
According to Zacks, "Teekay LNG Partners L.P.is a Marshall Islands partnership recently formed by Teekay Shipping Corporation as part of its strategy to expand its operations in the liquefied natural gas shipping sector". Finally, TheStreet downgraded Teekay LNG Partners L.P. from a b- rating to a c rating in a research note on Thursday, August 3rd. Stifel Nicolaus reissued a "hold" rating and set a $16.00 target price on shares of Teekay LNG Partners L.P.in a report on Friday, October 13th.
Teekay Offshore Partners LP (NYSE:TOO) shares traded on -1.58% below secure line and closed at $2.49.
TRADEMARK VIOLATION WARNING: "Teekay LNG Partners L.P. (TGP) Price Target Lowered to $24.00 at UBS AG" was published by BBNS and is owned by of BBNS. Out of 9 Wall Street analysts rating Teekay Offshore, 5 give it "Buy", 1 "Sell" rating, while 3 recommend "Hold". Earnings surprises can have a huge impact on a company's stock price. Equities research analysts predict that Teekay LNG Partners L.P. will post $1.67 EPS for the current year. (NYSE:TGP) opened at $17.65 on Friday. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 16.30 and a beta of 1.29.
Teekay Offshore Partners LP (NYSE:TOO) has average revenue estimates of $272.04 Million, compared to low analyst estimates of $268.63 Million and high estimates of $275.46 Million for the current quarter. For every buyer, there needs to be someone who sold them the shares they bought, just as there must be a buyer in order for a seller to get rid of his or her shares. Virtu KCG Holdings LLC acquired a new stake in shares of Teekay LNG Partners L.P.in the 2nd quarter worth $249,000. Alliancebernstein L.P. now owns 13,333 shares of the shipping company's stock worth $205,000 after acquiring an additional 746 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in Teekay LNG Partners L.P. during the third quarter valued at approximately $200,000. Toronto Dominion Bank now owns 14,411 shares of the shipping company's stock worth $256,000 after acquiring an additional 403,411 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Teekay LNG Partners L.P.by 30.3% in the 2nd quarter. Finally, CNH Partners LLC raised its holdings in shares of Teekay LNG Partners L.P.by 1.0% during the second quarter.
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, November 3rd were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.56 annualized dividend and a dividend yield of 3.11%. Teekay LNG Partners L.P.'s dividend payout ratio is now 68.29%.
Teekay LNG Partners L.P.is an worldwide provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. The Business's fleet consists of approximately 30 shuttle tankers, including over three chartered-in vessels and approximately one HiLoad Dynamic Positioning (DP) 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.
American Heart Association seeks little hat donations
The project, called Little Hats, Big Hearts, has been created to honour and celebrate babies, mothers and living heart-healthily. The program aims to raise awareness about heart health and congenital heart defects.
Decline in ITV ad revenue slows in third quarter
ITV itself bought Italian producer Cattleya last month in a bid to create more high-quality European dramas. Online, Pay & Interactive revenues were up 8 percent with continued double-digit growth in Online & Pay.
Brad Paisley adds tour date in Moline
Paisley will bring along with him Dustin Lynch , Chase Bryant , and "multi-instrumentalist" Lindsay Ell . The country singer and guitarist will perform at Pinnacle Bank Arena on April 26.