Teekay Corporation operates as a marine energy transportation company. The company offers pool management, fuel services, oil and clean product STS transfers, LNG STS and terminal management, and tanker services. As of March 18, 2021, it operated 47 liquefied natural gas (LNG) carriers, 23 mid-size liquefied petroleum gas carriers, and seven multi-gas carriers. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities worldwide. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.
IPO Year:
Exchange: NYSE
Website: teekay.com
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HAMILTON, Bermuda, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the following senior management changes following a strategic review to simplify the management structure of the Teekay Group: Teekay Tankers' President and Chief Executive Officer, Kevin Mackay, and Chief Financial Officer, Stewart Andrade, will transition out of the organization by August 31, 2024.Kenneth Hvid, Teekay's President and Chief Executive Officer and Teekay Tankers' Chairman, will take on the added role of Teekay Tankers' President and Chief Executive Officer (CEO). Brody Speers, Teekay'
HAMILTON, Bermuda, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced Vince Lok's retirement as Teekay's Executive Vice President and Chief Financial Officer effective January 1, 2023, after nearly 30 years with the Company, including the past 16 years as Teekay's Group CFO. Upon Mr. Lok's retirement, Mr. Brody Speers, Vice President, Finance & Treasurer, will be assuming Mr. Lok's responsibilities, along with continuing to oversee Teekay's Finance, Accounting and Tax teams. Mr. Lok has agreed to stay on as an advisor through the end of 2023 to help ensure a smooth transition as well as support the Company's strategic initiatives. Kenne
ABERDEEN, United Kingdom, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Altera Infrastructure GP L.L.C. (ALIN GP), the general partner of Altera Infrastructure L.P. (Altera Infrastructure or the Partnership), announced the following changes to its Board of Directors (the Board) all with immediate effect: Ingvild Sæther, President and CEO of Altera Infrastructure Group Ltd., and Benedicte Bakke Agerup have been appointed to the Board, increasing the size of the Board to ten directors.Ms Bakke Agerup will join the Audit and Conflicts committees.A new Executive Oversight Committee has been formed. This committee is chaired by Denis Turcotte with Bill Utt and Ingvild Sæther as members. “On behalf of the
HAMILTON, Bermuda, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) announced today the following changes to their respective Boards of Directors, which are effective as of December 31, 2024. The changes further streamline and simplify the Teekay Group, and align with the previously announced goal of having Teekay Tankers serve as the sole operating platform within the Teekay Group and Teekay focusing on managing its controlling interest in Teekay Tankers: Teekay Board Changes David Schellenberg and Alan Semple will be stepping down as Directors of the Teekay Board of Directors (Teekay Board), and
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here. Special Dividend The Company's Board of Directors declares a one-time special cash dividend in the amount of $1.00 per outstanding common share. This dividend is payable on December 18, 2024 to all Teekay shareholders of record on December 4, 2024. New Share Repurchase Program The Company's Board of Directors has authorized a new share repurchase program for the repurchase of up to $40 million of
HAMILTON, Bermuda, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the third quarter of 2024 after market close on Wednesday, October 30, 2024. Teekay Group plans to host a conference call on Thursday, October 31, 2024 at 11:00 a.m. (ET) to discuss its results for the third quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838, or 1(647) 794-4605 if outside of North America, and quoting conference ID code 6243411.B
HAMILTON, Bermuda, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced that the Company has nearly completed the previously-announced $25 million share repurchase program, repurchasing 3.25 million common shares at an average price of $7.49 per share. Since August 2022, Teekay has repurchased a total of 14.97 million common shares, or 14.7% of the outstanding common shares immediately prior to commencement of the initial share repurchase plan announced in August 2022, for a total cost of $84.4 million, representing an average repurchase price of $5.64 per share. In addition, the Company's Board of Directors has authorized a new share rep
HAMILTON, Bermuda, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the following senior management changes following a strategic review to simplify the management structure of the Teekay Group: Teekay Tankers' President and Chief Executive Officer, Kevin Mackay, and Chief Financial Officer, Stewart Andrade, will transition out of the organization by August 31, 2024.Kenneth Hvid, Teekay's President and Chief Executive Officer and Teekay Tankers' Chairman, will take on the added role of Teekay Tankers' President and Chief Executive Officer (CEO). Brody Speers, Teekay'
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended June 30, 2024. The full earnings release is available on the Company's website here. About Teekay Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE:TNK), one of the world's largest owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate approximately 65 conventional tankers and other marine assets, including vessels opera
HAMILTON, Bermuda, July 24, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the second quarter of 2024 before market open on Thursday, August 1, 2024. Teekay Tankers plans to host a conference call on Thursday, August 1, 2024 at 11:00 a.m. (ET) to discuss its results for the second quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 289-0438, or 1(647) 484-0478 if outside of North America, and quoting conference ID code 4650117.By accessing the webcast, which will be
HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended March 31, 2024. The full earnings release is available on the Company's website here. About Teekay Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE:TNK), one of the world's leading owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate approximately 64 conventional tankers and other marine assets, including vessels opera
HAMILTON, Bermuda, May 01, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the first quarter of 2024 before market open on Thursday, May 9, 2024. Teekay Tankers plans to host a conference call on Thursday, May 9, 2024 at 11:00 a.m. (ET) to discuss its results for the first quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838, or 1(323) 794-2551 if outside of North America, and quoting conference ID code 9558829.By accessing the webcast, which will be available
HAMILTON, Bermuda, March 25, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2023 Sustainability Report, which can be accessed on the Teekay Group's website by clicking here. In addition, the Teekay Group has released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2023 (Annual Reports), each of which has 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 may also reques
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HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here. Special Dividend The Company's Board of Directors declares a one-time special cash dividend in the amount of $1.00 per outstanding common share. This dividend is payable on December 18, 2024 to all Teekay shareholders of record on December 4, 2024. New Share Repurchase Program The Company's Board of Directors has authorized a new share repurchase program for the repurchase of up to $40 million of
HAMILTON, Bermuda, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the third quarter of 2024 after market close on Wednesday, October 30, 2024. Teekay Group plans to host a conference call on Thursday, October 31, 2024 at 11:00 a.m. (ET) to discuss its results for the third quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838, or 1(647) 794-4605 if outside of North America, and quoting conference ID code 6243411.B
HAMILTON, Bermuda, July 24, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the second quarter of 2024 before market open on Thursday, August 1, 2024. Teekay Tankers plans to host a conference call on Thursday, August 1, 2024 at 11:00 a.m. (ET) to discuss its results for the second quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 289-0438, or 1(647) 484-0478 if outside of North America, and quoting conference ID code 4650117.By accessing the webcast, which will be
HAMILTON, Bermuda, May 01, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the first quarter of 2024 before market open on Thursday, May 9, 2024. Teekay Tankers plans to host a conference call on Thursday, May 9, 2024 at 11:00 a.m. (ET) to discuss its results for the first quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838, or 1(323) 794-2551 if outside of North America, and quoting conference ID code 9558829.By accessing the webcast, which will be available
HAMILTON, Bermuda, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the fourth quarter and annual 2023 before market open on Thursday, February 22, 2024. Teekay Tankers plans to host a conference call on Thursday, February 22, 2024 at 11:00 a.m. (ET) to discuss its results for the fourth quarter and annual 2023. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838 or (647) 794-4605 if outside of North America, and quoting conference ID code 2852672.By accessing the web
HAMILTON, Bermuda, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the third quarter of 2023 before market open on Thursday, November 2, 2023. Teekay Tankers plans to host a conference call on Thursday, November 2, 2023 at 11:00 a.m. (ET) to discuss its results for the third quarter of 2023. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 289-0438, or 1(647) 484-0478 if outside of North America, and quoting conference ID code 7233619.By accessing the webcast, which will b
HAMILTON, Bermuda, July 26, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the second quarter of 2023 before market open on Thursday, August 3, 2023. Teekay Tankers plans to host a conference call on Thursday, August 3, 2023 at 11:00 a.m. (ET) to discuss its results for the second quarter of 2023. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 289-0438, or 1(647) 484-0478 if outside of North America, and quoting conference ID code 7592868.By accessing the webcast, which will be
HAMILTON, Bermuda, May 04, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the first quarter of 2023 before market open on Thursday, May 11, 2023. Teekay Tankers plans to host a conference call on Thursday, May 11, 2023 at 11:00 a.m. (ET) to discuss its results for the first quarter of 2023. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing (888) 254-3590, or (647) 794-4605 if outside of North America, and quoting conference ID code 5372188.By accessing the webcast, which will be avail
HAMILTON, Bermuda, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the fourth quarter and annual 2022 before market open on Thursday, February 23, 2023. Teekay Tankers plans to host a conference call on Thursday, February 23, 2023 at 11:00 a.m. (ET) to discuss its results for the fourth quarter and annual 2022. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing (888) 254-3590, or (647) 484-0478 if outside of North America, and quoting conference ID code 1561632.By accessing the web
HAMILTON, Bermuda, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the third quarter of 2022 before market open on Thursday, November 3, 2022. Teekay Tankers plans to host a conference call on Thursday, November 3, 2022 at 11:00 a.m. (ET) to discuss its results for the third quarter of 2022. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(888) 254-3590, or (773) 305-6853 if outside of North America, and quoting conference ID code 5514805.By accessing the webcast, which will be