SEC Form SC 13G/A filed by Teekay LNG Partners L.P. (Amendment)
$TGP
Marine Transportation
Consumer Services
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/5/2021 | $18.00 → $17.00 | Buy → Hold | Stifel |
SC 13G/A - Teekay LNG Partners L.P. (0001308106) (Subject)
SC 13G/A - Teekay LNG Partners L.P. (0001308106) (Subject)
SC 13G/A - Teekay LNG Partners L.P. (0001308106) (Subject)
Stifel downgraded Teekay LNG Partners from Buy to Hold and set a new price target of $17.00 from $18.00 previously
B. Riley reiterated coverage of Teekay LNG Partners with a rating of Buy and set a new price target of $15.50 from $13.00 previously
Jefferies reiterated coverage of Teekay LNG Partners with a rating of Hold and set a new price target of $14.00 from $12.00 previously
Highlights GAAP net income attributable to the partners and preferred unitholders of $67.0 million and GAAP net income per common unit of $0.68 in the third quarter of 2021.Adjusted net income(1) attributable to the partners and preferred unitholders of $54.7 million and adjusted net income per common unit of $0.54 in the third quarter of 2021 (excluding other items listed in Appendix A to this release).Total adjusted EBITDA(1) of $178.0 million in the third quarter of 2021.On October 4, 2021, announced agreement for Stonepeak to acquire 100 percent of Teekay LNG's outstanding common units and general partner units for $17.00 per unit. The Transaction (as defined below) is subject to certai
Highlights GAAP net loss attributable to shareholders of Teekay of $2.9 million, or $0.03 per share, and adjusted net income attributable to shareholders of Teekay(1) of $0.1 million in the third quarter of 2021 (excluding items listed in Appendix A to this release).Total adjusted EBITDA(1) of $165.2 million in the third quarter of 2021.On October 4, 2021, Teekay LNG announced an agreement for Stonepeak to acquire all of Teekay LNG's outstanding common units and general partner units for $17.00 per unit in cash, representing total gross proceeds of approximately $640 million to Teekay Parent. The Transaction (as defined below) is subject to certain closing conditions, including approval by
HAMILTON, Bermuda, Oct. 28, 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) plan to release their financial results for the third quarter of 2021 before market open on Thursday, November 4, 2021. All shareholders and interested parties are invited to listen to the live conference calls by choosing from the following options: By dialing: EntityDateTime (ET)Telephone Number (North America)Telephone Number (International)Conference CodeTeekay November 4, 202111:00 a.m.1 800 378 03271 647 490 53679020635Teekay TankersNovember 4, 202112:00 p.m.1 800 367 24031 647 490 5367
POS AM - Teekay LNG Partners L.P. (0001308106) (Filer)
POS AM - Teekay LNG Partners L.P. (0001308106) (Filer)
POSASR - Teekay LNG Partners L.P. (0001308106) (Filer)
HAMILTON, Bermuda, June 20, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company's Series A preferred units (NYSE:SEAL) and $0.5313 per unit on the Company's Series B preferred units (NYSE:SEAL) for the period from April 1, 2022 to June 30, 2022. The cash distributions are payable on July 15, 2022 to all unitholders of record as at June 30, 2022. Seapeak's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Seapeak Seapeak is one of the world's largest independent owners and operators of LNG carriers, providing liquefied gas services primarily under long-term,
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2022) - Railtown Capital Corp. (TSXV:RLT) ("Railtown" or the "Company") and Selten Metal Corp. ("Selten Metal"), an arm's length private company incorporated under the laws of British Columbia, announced today that they have signed a non-binding letter of intent dated March 17, 2022 to effect a transaction that will result in a reverse takeover of Railtown by Selten Metal (the "Transaction"). Trading in the common shares of the Company (the "Common Shares") has been halted in accordance with the policies of the TSX Venture Exchange (the "TSXV") and will remain halted until such time as all required documentation has been filed with an
HAMILTON, Bermuda, March 17, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC has declared cash distributions of $0.5625 per unit on the Company's Series A preferred units (NYSE:SEAL) and $0.5313 per unit on the Company's Series B preferred units (NYSE:SEAL) for the period from January 1, 2022 to March 31, 2022. The cash distributions are payable on April 14, 2022 to all unitholders of record as at March 31, 2022. Seapeak's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Seapeak Seapeak is one of the world's largest independent owners and operators of LNG carriers, providing liquefied gas services primarily under long-term, fee-based charters
What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the energy sector: Dorian LPG (NYSE:LPG) - P/E: 6.81 NACCO Industries (NYSE:NC) - P/E: 7.11 Green Plains Partners (NASDAQ:GPP) - P/E: 8.57 TransGlobe Energy (NASDAQ:TGA) - P/E: 7.98 Teekay LNG Partners (NYSE:TGP) - P/E: 6.9 This quarter, Dorian LPG experienced an increase in earnings per share, which was 0.13 in Q1 and is now 0.25. The company's most recent dividend y
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the energy sector: SandRidge Energy (NYSE:SD) - P/E: 4.64 Adams Resources & Energy (AMEX:AE) - P/E: 8.01 Teekay LNG Partners (NYSE:TGP) - P/E: 6.88 Vermilion Energy (NYSE:VET) - P/E: 3.0 Crescent Point Energy (NYS
Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that at a special meeting of common unitholders of the Partnership held on December 1, 2021, its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by Stonepeak Limestone Holdings LP (formerly known as Stonepeak Infrastructure Fund IV Cayman (AIV III) LP) (Stonepeak). In addition, Teekay LNG has received all required customer approvals to complete the merger. Upon closing of the merger, Teekay LNG's common unitholders will receive $17.00 per common unit in cash. The merger is currently anticipated to close in mid-January 2022.