Economy

Teekay Offshore Partners LP (NYSE: TOO)

TGP has been the subject of a number of other research reports. The stock of Teekay LNG Partners L.P. (NYSE:TGP) has "Hold" rating given on Friday, August 4 by Jefferies.

Teekay Offshore Partners L.P. (NYSE:TOO) was up +0.8% ($0.02) to $2.53 and showed a volume of 3.11 mln shares. The stock of Teekay LNG Partners L.P. (NYSE:TGP) has "Neutral" rating given on Thursday, December 17 by Seaport Global Securities.

According to Zacks brokerage recommendations, Teekay Offshore Partners L.P. (NYSE:TOO)'s Buy count is 0 and Strong Buy is 2 while the number of analysts recommending Sell and Strong Sell are 0 and 1, respectively. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

Teekay LNG Partners L.P. has a fifty-two week low of $13.27 and a fifty-two week high of $19.90. (TGP) traded down $0.05 during midday trading on Friday, hitting $18.00. (TOO) maintained activity of 0.79 million shares that trade hands on average basis.

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. The stock has a market cap of $1,433.28, a price-to-earnings ratio of 20.69 and a beta of 1.26. Finally, CNH Partners LLC grew its holdings in Teekay LNG Partners L.P.by 1.0% during the 2nd quarter. The legal version of this report can be viewed at https://stocknewstimes.com/2017/11/13/teekay-lng-partners-l-p-tgp-pt-lowered-to-24-00-at-ubs-ag.html.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 10th. Stockholders of record on Friday, November 4th will be paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, November 2nd. Considering that the stock daily volume of 3.11 million shares, this represents a pretty noteworthy shoot in volume.

While having a peek at profitability ratios Teekay Offshore Partners LP (NYSE:TOO) has trailing twelve month gross margin at 52.8%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%. CNH Partners LLC boosted its holdings in Teekay LNG Partners L.P.by 1.0% in the 2nd quarter. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.28. LLC boosted its stake in Teekay LNG Partners L.P.by 16.2% in the second quarter. Alliancebernstein L.P. claims 13,499 shares valued at $32,000. Toronto Dominion Bank now owns 14,411 shares of the shipping company's stock worth $256,000 after purchasing an additional 403,411 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Teekay LNG Partners L.P.by 5.9% during the second quarter.

Teekay Offshore Partners L.P., launched on August 30, 2006, is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry focusing on the deep-water offshore oil regions of the North Sea, Brazil and the East Coast of Canada. It also upped Royce Value Tr Inc (NYSE:RVT) stake by 42,417 shares and now owns 260,510 shares.



Like this

Latest


14 November 2017
Argos Therapeutics (ARGS): Stock Overview
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. Their average price target spell out an upbeat performance - a -100% and would give ARGS a market capitalization of almost $0.

14 November 2017
CME Group Inc. (CME), Johnson & Johnson (JNJ)
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Principal Financial Group Inc holds 5.81M shares with $768.51 million value, up from 4.50M last quarter.

14 November 2017
Braun Strowman Slams Kane Through The Ring On RAW
Kane has come up from under the ring many times, but tonight he was put through it. WWE has released the following video featuring the match finish.

14 November 2017
Tashaun Gipson rips former team, predicts Jaguars will shut out Browns
Joe Schobert leads the Cleveland Browns with 77 tackles, Emmanuel Ogbah has four sacks and Jason McCourty has three interceptions. In the receiving end, Allen Hurns posted 70 yards in seven receptions while Keelan Cole added 61 yards in three catches.

14 November 2017
FC Cincinnati will learn its MLS fate at December 14 owners meeting
Berding said he expected to announce a stadium development plan at some point this week alongside Cincinnati Mayor John Cranley. The partnership represents a jersey sponsorship commitment.

14 November 2017
Two jawans killed, 6 hurt in IED blast
The IED exploded when an Assam Rifles team was patrolling Maha Mani village of Chandel Town, about 64 km from the state capital. Today's blast is vehemently condemn by Chandel Naga Peoples Organisation (CNPO) and its sub-ordinate bodies.

14 November 2017
Qualcomm rejects Broadcom acquisition bid
However, according to sources it's likely to reject the offer according to sources, as it doesn't feel it's representative of the value of the company or the people in it.

14 November 2017
Magic Software Enterprises Ltd. (MGIC) Given Consensus Recommendation of "Buy" by Analysts
Edmond DE Rothschild Holding S.A. raised its holdings in Magic Software Enterprises by 39.1% during the second quarter. On August 10 analysts at HC Wainwright updated coverage of MGIC with a rating of "Buy" and a price target of $10.00.

14 November 2017
Liberty Property Trust's (LPT) Hold Rating Reiterated at KeyCorp
This buyback authorization permits the real estate investment trust to purchase shares of its stock through open market purchases. Systematic Financial Management LP increased its position in shares of Liberty Property Trust by 164.4% during the third quarter.

14 November 2017
Liz Smith, Friend of AKC, Dead at 94
She took a series of jobs - at Modern Screen magazine, at Newsweek and as an assistant to Kaye Ballard, the actress and singer. She was as prominent as her legendary predecessors, Walter Winchell in NY and Hedda Hopper and Louella Parsons in Hollywood.



Recommended