Teekay Group Announces Second Quarter 2017 Earnings Results

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
80
Teekay Group Announces Second Quarter 2017 Earnings Results Conference Calls

HAMILTON, BERMUDA--(Marketwired - July 27, 2017) - Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. ( Teekay LNG ) (NYSE:TGP), Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the second quarter 2017 before market open on Thursday, August 3, 2017 and host conference calls to discuss these results. All shareholders, unitholders and interested parties are invited to listen to the live conference calls by choosing from the following options:

  • By dialing:
Entity Date Time (ET) Telephone Number (North America) Telephone Number (International) Conference Code
Teekay LNG August 3, 2017 11:00 a.m. 1-800-347-6311 1-416-204-1064 9651022
Teekay Offshore August 3, 2017 12:00 p.m. 1-800-390-5202 1-416-204-1626 5007615
Teekay Tankers August 3, 2017 1:00 p.m. 1-800-598-5161 1-416-204-1064 7266182
Teekay August 4, 2017 11:00 a.m. 1-800-274-0251 1-416-640-5942 9060675
  • By accessing the webcasts, which will be available on Teekay's website www.teekay.com at the times noted above (the archives will remain on the website for a period of one year).

Accompanying Second Quarter 2017 Earnings Presentations will also be available at www.teekay.com in advance of the conference call start times.

About Teekay

Teekay Corporation operates in the marine midstream space through its ownership of the general partners and a portion of the outstanding limited partner interests in Teekay LNG Partners L.P. (NYSE:TGP) and Teekay Offshore Partners L.P. (NYSE:TOO). The general partners own all of the outstanding incentive distribution rights of these entities. In addition, Teekay has a controlling ownership interest in Teekay Tankers Ltd. (NYSE:TNK) and directly owns a fleet of vessels. The combined Teekay entities manage and operate consolidated assets of approximately $13 billion, comprised of approximately 220 liquefied gas, offshore, and conventional tanker assets. With offices in 14 countries and approximately 8,000 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world's leading oil and gas companies.

Teekay's common stock trades on the New York Stock Exchange under the symbol "TK".

About Teekay LNG

Teekay LNG Partners is one of the world's largest independent owners and operators of LNG carriers, providing LNG, LPG and crude oil marine transportation services primarily under long-term, fixed-rate charter contracts through its interests in 50 LNG carriers (including 18 newbuildings), 30 LPG/Multigas carriers (including three newbuildings) and five conventional tankers. The Partnership's interests in these vessels range from 20 to 100 percent. Teekay LNG Partners L.P. is a publicly-traded master limited partnership ( MLP ) formed by Teekay Corporation (NYSE:TK) as part of its strategy to expand its operations in the LNG and LPG shipping sectors.

Teekay LNG Partners' common units and preferred units trade on the New York Stock Exchange under the symbol "TGP" and "TGP PR A", respectively.

About Teekay Offshore

Teekay Offshore Partners L.P. is an international provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the oil industry, primarily focusing on oil production-related activities of its customers and operating in offshore oil regions of the North Sea, Brazil and the East Coast of Canada. Teekay Offshore is structured as a publicly-traded master limited partnership ( MLP ) with consolidated assets of approximately $5.6 billion, comprised of 62 offshore assets, including shuttle tankers, floating production, storage and offloading ( FPSO ) units, floating storage and offtake ( FSO ) units, units for maintenance and safety ( UMS ), long-distance towing and offshore installation vessels and conventional tankers. The majority of Teekay Offshore's fleet is employed on medium-term, stable contracts.

Teekay Offshore's common units and the Series A and B preferred units trade on the New York Stock Exchange under the symbol "TOO", "TOO PR A", and "TOO PR B", respectively.

About Teekay Tankers

Teekay Tankers currently owns a fleet of 40 double-hull tankers, including 20 Suezmax tankers, 13 Aframax tankers, and seven Long Range 2 ( LR2 ) product tankers, and has three contracted time charter-in vessels. Teekay Tankers' vessels are employed through a mix of short- or medium-term fixed rate time charter contracts and spot tanker market trading. The Company also owns a Very Large Crude Carrier ( VLCC ) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business and a minority interest of over 11 percent in Tanker Investments Ltd. (OSE: TIL), which currently owns a fleet of 18 modern tankers. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business.

Teekay Tankers' common stock trades on the New York Stock Exchange under the symbol "TNK."

Investor Relations Enquiries Ryan Hamilton +1 (604) 844-6654 www.teekay.com
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Decibel's Bold Move to Trade on OTCQX: A New Era

Updated Category News Views 82

Decibel Sets Sail on the OTCQX Best Market Right off the bat, we're talking about Decibel Cannabis Company Inc. making waves by jumping from the OTCQB to the more reputable OTCQX Best Market. If this doesn’t make you sit up and take notice, I don’t know what will. The ticker OTCQX:DBCCF is now on a stage where it can potentially woo more U.S. investors, and given the...

Continue Reading
Cemig and Huawei's Bold Network Leap: Power Up

Updated Category News Views 120

Taking the Leap in Brazil's Power Grid In Brazil, energy distribution's a whole different beast, and boy, is it complicated! Cemig found out the hard way that relying on public networks was a risky bet. Consistently bad. With a measly 50% coverage in Brazil's vast lands, you're looking at a communications nightmare, especially in the back of beyond where grid faults could...

Continue Reading
Hebrew Learning Made Simple: Expert's Structured Guide

Updated Category News Views 188

Cracking the Hebrew Code: A Balanced Guide Ever tried staring down a new language script and felt like you were on a sinking ship? That’s where a lot of folks starting off with Hebrew reading find themselves. It's no sunny stroll through a Greek alphabet park—Hebrew's a whole different ballgame. But Diana Yacobi from Sarah & David’s Read Hebrew Now offers a roadmap...

Continue Reading
Duke Energy's Cooling Tips Amid Florida Cold Front

Updated Category News Views 179

Weather Whiplash in Florida Prompts Energy Tips Florida's residents are in for a gust of chilly air as a cold front sweeps across the state, sending temperatures plummeting from the balmy 80s to brisk 30s and 40s in northern pockets. Central Florida ain't missing out on the chill either, expecting to dip a good dozen degrees below its usual seasonal warmth. Heads up,...

Continue Reading
Samuel Oschin Center Opens, Promising Wonder

Updated Category News Views 107

A Grand New Space for Space Well, here's a sight for sore eyes—California Science Center's Samuel Oschin Air and Space Center just swung its doors open wide, and boy, it's a beast of a place. Housing a spectacle like the Space Shuttle Endeavour in a vertical launch position, it's as if they've reached up and snagged a piece of the sky itself for their exhibits. They're...

Continue Reading
LA Fitness ELEVATE Opens at RITHM: A New Era Dawns

Updated Category News Views 66

Elevating Fitness at RITHM: A New Era Has Begun RD Management just dropped a new ace in Tampa Bay’s hand—LA Fitness ELEVATE at the RITHM at Uptown. They lit up the scene with this 30,000-square-foot beast of a gym, and I’ll tell you, it’s not your standard run-of-the-mill joint. When you toss twelve-and-a-half million bucks into a pot, you're aiming to lure folks...

Continue Reading
Data Centers: More Power-Hungry Than Thirsty

Updated Category News Views 147

Data Centers: Not Quite the Water Guzzlers We Feared Hold onto your hats, because the latest intel on data centers is changing the game, or at least forcing a closer look at what seems like a done deal. The big reveal? It's not the water, folks—it’s the juice. While everyone frets about water, electricity is the silent giant you’ve got to wrangle. Water vs....

Continue Reading
Lavazza 2027 Calendar: Moments of Pleasure Worldwide

Updated Category News Views 248

Capturing Fleeting Joy Through the Lens In 2027, Lavazza sets the stage for an evocative exploration of human pleasure through its iconic calendar. Teaming up with photographers Jim Goldberg, Alex Majoli, and Paolo Pellegrin, the project spans three vibrant cities: New York, Lisbon, and Hong Kong. These masters of the lens invite us to pause and appreciate the understated...

Continue Reading
Immunic, Inc. Steams Ahead: Phase 3 Trials Hinge on MS Data

Updated Category News Views 137

A Pivotal Moment for Immunic We’re staring down a critical December for Immunic, Inc. as they trot out top-line data for their Phase 3 ENSURE trials aimed at relapsing multiple sclerosis (MS). Now, I’m all ears wondering if those trials can hold water — success could morph them from a tinkering biotech into a commercial giant. For market vultures like us,...

Continue Reading
JardogsHealth Taps Industry Titans for Growth Council

Updated Category News Views 181

JardogsHealth: A New Chapter with Strategic Insights You've got to admire when a company rounds up a top-tier brain trust. Such is the case with JardogsHealth, the healthcare AI outfit nestled in Hillsboro, Illinois, as they align their future alongside heavyweights who’ve maneuvered through multiple industries and come out thriving. Their brand-new council includes...

Continue Reading

Top 5 Most Recently Viewed Articles

Empowering Female Athletes: Herbalife Supports Basketball Combine

Updated Category News Views 324

Herbalife Partners for Women’s College Basketball Stars Herbalife, a leading health and wellness brand, is stepping up to empower female athletes by becoming the Official Nutrition and Hydration Partner for the Lilly 2025 Women's College All-Star Combine. This significant event aims to showcase talented basketball players, allowing them to connect with scouts and...

Continue Reading
FPI Earnings Preview: Traders Eye EPS and Guidance Impact

Updated Category News Views 167

Farmland Partners (NYSE:FPI) is prepped to drop its quarterly earnings on February 18, 2026, and you better believe traders are already sweating over it. Analysts are throwing out estimates pegging the earnings per share (EPS) at $0.19—now, that's not exactly a home run but it's enough to keep eyes glued to the screens as we await the news. The buzz in the air is thick;...

Continue Reading
Celebrate Mom with a Prize from Molly Maid This Mother's Day

Updated Category News Views 138

Celebrate Mother's Day with Molly Maid’s Special Giveaway Mother's Day is a wonderful occasion to honor and pamper the incredible mothers in our lives. This year, Molly Maid® is offering a unique opportunity to celebrate these remarkable women with their annual "Mother's Day Clean Home Giveaway." This giveaway presents a chance for five fortunate winners to each...

Continue Reading
Cure Alzheimer's Fund Welcomes New Research Management Leader

Updated Category News Views 190

Cure Alzheimer's Fund Welcomes New Research Management Leader Cure Alzheimer's Fund is thrilled to announce the appointment of Natasha Hussain, Ph.D., as the new Executive Vice President for Research Management. In her new role, Dr. Hussain is poised to manage and enhance the research opportunities and funding initiatives within the organization. Bringing Expertise to...

Continue Reading
Understanding Disclosure Requirements for Life Science REIT

Updated Category News Views 142

Overview of Disclosure Requirements Understanding the importance of disclosure in the financial world is pivotal for investors. When companies like Life Science REIT Plc are involved, transparency in trading and ownership stakes is crucial. Efforts to remain compliant under various regulations can help build trust among stakeholders and investors alike. Key Entities and...

Continue Reading