Skip to main content

Teekay LNG Partners L.P. (TGP)

NYSE: TGP · IEX Real-Time Price · USD
17.11 0.00 (0.00%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap1.49B
Revenue (ttm)591.10M
Net Income (ttm)60.63M
Shares Out87.00M
EPS (ttm)2.15
PE Ratio7.97
Forward PEn/a
Dividend$1.11 (6.50%)
Ex-Dividend DateNov 4, 2021
Volume7,538,237
Open17.11
Previous Close17.11
Day's Range17.07 - 17.14
52-Week Range9.31 - 17.24
Beta1.14
AnalystsBuy
Price Target16.17 (-5.5%)
Est. Earnings DateNov 11, 2021

About TGP

Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. It operates in two segments, LNG and LPG. The company transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. As of December 31, 2020, it had a fleet of 47 LNG carriers and 30 LPG and multi-gas carriers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was incorpor...

IndustryOil, Gas & Consumable Fuels
IPO DateMay 5, 2005
Employees2,119
Stock ExchangeNYSE
Ticker SymbolTGP
Full Company Profile

Financial Performance

In 2020, TGP's revenue was $591.10 million, a decrease of -1.69% compared to the previous year's $601.26 million. Earnings were $87.36 million, a decrease of -42.83%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TGP stock is "Buy." The 12-month stock price forecast is 16.17, which is a decrease of -5.49% from the latest price.

Price Target
$16.17
(-5.49% downside)
Analyst Consensus: Buy

News

Teekay LNG Partners Declares Common Unit Distribution

HAMILTON, Bermuda, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.287...

1 week ago - GlobeNewsWire

TEEKAY LNG INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy o...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Teekay LNG Partner...

2 weeks ago - Business Wire

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Te...

New York, New York--(Newsfile Corp. - October 4, 2021) -  The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Teekay LNG Partners L.P. (NYSE: TGP) ...

3 weeks ago - Newsfile Corp

Teekay LNG Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Teekay LNG Partner...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Teekay LNG Partners L.P. (NYSE: TGP) to Stonepeak for $17.00 in cash per common unit ...

3 weeks ago - Business Wire

Stonepeak to Acquire Teekay LNG in a $6.2 Billion Transaction

HAMILTON, Bermuda and NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and Stonepeak, a leading alternative investment firm specializing in infrastructure and...

3 weeks ago - GlobeNewsWire

Teekay LNG Partners Declares Distributions on Series A and B Preferred Units

HAMILTON, Bermuda, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.562...

1 month ago - GlobeNewsWire

Teekay LNG Partners L.P. (TGP) Loses 11.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Teekay LNG Partners L.P. (TGP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it.

Other symbols:TK
2 months ago - Zacks Investment Research

Teekay LNG Partners Reports Second Quarter 2021 Results

Highlights

2 months ago - GlobeNewsWire

Teekay LNG Partners Declares Common Unit Distribution

HAMILTON, Bermuda, July 16, 2021 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.287...

3 months ago - GlobeNewsWire

Teekay LNG Partners Reports First Quarter 2021 Results

Highlights

5 months ago - GlobeNewsWire

Teekay LNG Partners Declares 15 Percent Increase in Common Unit Distribution

HAMILTON, Bermuda, April 15, 2021 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.28...

6 months ago - GlobeNewsWire

Teekay LNG Partners (TGP) is in Overbought Territory: What's Next?

Teekay LNG Partners (TGP) has moved higher as of late, but there could definitely be trouble on the horizon for this company

Other symbols:TK
7 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 4th

Top Ranked Value Stocks to Buy for February 4th

Other symbols:NMMPAGPSCU
8 months ago - Zacks Investment Research

Teekay On The LNG Markets (Podcast Transcript)

Value Investor's Edge Live continues with this latest episode focused on the LNG shipping segment of the shipping industry.

10 months ago - Seeking Alpha

Who Should Avoid Maritime Shipping

My past year has included much effort learning about and investing in maritime shipping. For certain investors, willing to invest with highly variable durations, shipping has the potential to be quite l...

11 months ago - Seeking Alpha

Teekay LNG Partners LP (TGP) CEO Mark Kremin on Q3 2020 Results - Earnings Call Transcript

Teekay LNG Partners LP (TGP) CEO Mark Kremin on Q3 2020 Results - Earnings Call Transcript

Other symbols:TK
11 months ago - Seeking Alpha

Teekay LNG Partners Reports Third Quarter 2020 Results

Highlights

11 months ago - GlobeNewsWire

Top Sales of the 3rd Quarter for Francisco Garcia Parames' Cobas Asset Management

Guru sells possible value traps

Other symbols:GLNG
11 months ago - GuruFocus

LNG Carrier Valuation - A Scenario Analysis

Environmental focus and rapid technological advancement are key risks of an LNGC investment.

Other symbols:DLNGFLNGGLNGGLOGTNP
11 months ago - Seeking Alpha

Behind The PRO Top Idea - Teekay LNG Partners: The Cash Flow Era Begins

Behind The PRO Top Idea - Teekay LNG Partners: The Cash Flow Era Begins

1 year ago - Seeking Alpha

Teekay LNG: 9.3% Yield Preferred Vs. 9.4% Yield Common Units

Teekay LNG: 9.3% Yield Preferred Vs. 9.4% Yield Common Units

1 year ago - Seeking Alpha

Teekay LNG Partners: A Conservatively Financed High-Yield LNG Tanker Company

Teekay LNG Partners delivered very impressive performance navigating the COVID-19 pandemic, continuing its multi-year growth streak.

1 year ago - Seeking Alpha

Top Oil Tanker Stocks for Q4 2020

These are the oil tanker stocks with the best value, growth, and most momentum for Q4 2020.

Other symbols:DHTEURNFRONATSFLTNK
1 year ago - Investopedia

Teekay LNG Partners Declares Distributions on Series A and B Preferred Units

HAMILTON, Bermuda, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5...

1 year ago - GlobeNewsWire