TK - Teekay Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
3.0600
-0.0100 (-0.33%)
At close: 4:02PM EDT
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Previous Close 3.0700
Open 3.0700
Bid 3.0600 x 3200
Ask 3.0700 x 1400
Day's Range 3.0300 - 3.1700
52 Week Range 2.8200 - 8.2500
Volume 544,751
Avg. Volume 748,650
Market Cap 308.081M
Beta (3Y Monthly) 1.02
PE Ratio (TTM) N/A
EPS (TTM) -1.4230
Earnings Date Jul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield 0.22 (5.29%)
Ex-Dividend Date 2019-01-31
1y Target Est 4.25
Trade prices are not sourced from all markets
  • GlobeNewswire yesterday

    Teekay Corporation 2019 Annual General Meeting Presentation

    Teekay Corporation (Teekay) (TK) presented at its 2019 Annual General Meeting on Monday, June 10, 2019, which included details on its two publicly-traded Daughter entities, Teekay LNG Partners L.P. (Teekay LNG) (TGP) and Teekay Tankers Ltd. (Teekay Tankers) (TNK). It is my pleasure to report to you at this Annual General Meeting as Teekay’s President and Chief Executive Officer. Over the past three years, we have completed several important initiatives with the objective of de-risking, delevering and preserving value and optionality during what was a very challenging time for the energy and capital markets, while also executing on a very large gas project orderbook that is delivering on-time or early and on-budget.  With the recent successful refinancing of Teekay’s 2020 bond, the near completion of all our LNG growth projects, and the anticipated improvement in tanker shipping market fundamentals, we believe Teekay has reached a positive turning point and the Teekay Group is in the best position it has been in for quite a few years.

  • PR Newswire 22 days ago

    JDP Capital Management finds significant support from other unit holders of Teekay Offshore (NYSE: TOO) to oppose Brookfield Business Partner's (NYSE: BBU) take-under offer

    NEW YORK , May 24, 2019 /PRNewswire/ -- On May 17, 2019 , Brookfield Business Partners (NYSE: BBU) published a letter requesting that the board of Teekay Offshore Partners LP (NYSE: TOO) evaluate an offer ...

  • Thomson Reuters StreetEvents 22 days ago

    Edited Transcript of TK earnings conference call or presentation 23-May-19 6:00pm GMT

    Q1 2019 Teekay Corp Earnings Call

  • Teekay Corp (TK) Q1 2019 Earnings Call Transcript
    Motley Fool 23 days ago

    Teekay Corp (TK) Q1 2019 Earnings Call Transcript

    TK earnings call for the period ending March 31, 2019.

  • GlobeNewswire 23 days ago

    Teekay Corporation Announces Expiration and Final Results of Cash Tender Offer for Any and All of Its 8.5% Senior Notes Due in 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today the expiration and final tender results of its previously announced cash tender offer to purchase any and all of its outstanding $497.7 million in aggregate principal amount of 8.5% senior notes due 2020 (the 2020 Notes and such tender offer, the Offer). The Offer expired at 11:59 p.m., New York City time, on May 21, 2019 (the Expiration Time). The Company previously accepted for purchase approximately $458.0 million in aggregate principal amount of 2020 Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on May 7, 2019 (the Early Tender and Consent Date), for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and unpaid interest, and paid for such 2020 Notes on May 13, 2019.

  • Benzinga 23 days ago

    Pruning Of The Teekay Family Tree Could Bear Fruit

    On May 23, Teekay Corporation (NYSE: TK), the parent holding company, reported a net loss of $84.3 million in the first quarter of 2019, compared to a loss of $20.6 million in the same period the year before. Teekay Tankers (NYSE: TNK) posted net income of $12.4 million in the latest quarter, compared to a loss of $19.2 million in the first quarter of 2018. Teekay LNG (NYSE: TGP) reported net income in the most recent period of $21.6 million, up from a loss of $6.9 million in the first quarter of 2018.

  • ACCESSWIRE 23 days ago

    Teekay Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Teekay Corp. (NYSE: TK ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 23, 2019 at 2:00 PM Eastern Time. To ...

  • GlobeNewswire 23 days ago

    Teekay Corporation Announces Banff FPSO Contract Extension

    Teekay Corporation (Teekay or the Company) (TK) has entered into an agreement with a subsidiary of Canadian Natural Resources Ltd. (CNR) to extend the employment of the Petrojarl Banff FPSO unit (Petrojarl Banff) on the Banff field in the North Sea for a period of one year to the end of August 2020 at substantially similar terms to the current contract, which includes an upside component linked to oil prices and oil/gas production. “We are pleased to announce this important FPSO contract extension for the Petrojarl Banff, which extends the production of the fields in the North Sea, and we are committed to work together with CNR to maximize production in the future,” commented Kenneth Hvid, Teekay’s President and Chief Executive Officer.

  • Associated Press 23 days ago

    Teekay: 1Q Earnings Snapshot

    On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 84 cents. Losses, adjusted for non-recurring costs, were 13 cents per share. The oil and gas shipping company posted revenue ...

  • GlobeNewswire 23 days ago

    Teekay Corporation Reports First Quarter 2019 Results

    Highlights GAAP net loss attributable to shareholders of Teekay of $84.3 million, or $0.84 per share, and adjusted net loss attributable to shareholders of Teekay(1) of $13.0.

  • GlobeNewswire 23 days ago

    Teekay LNG Partners Reports First Quarter 2019 Results

    Highlights GAAP net income attributable to the partners and preferred unitholders of $21.6 million and GAAP net income per common unit of $0.19.Adjusted net income attributable.

  • Benzinga 24 days ago

    Teekay Q1 Earnings Preview

    Teekay (NYSE: TK ) announces its next round of earnings this Thursday, May 23. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement. Earnings and Revenue Analysts ...

  • GlobeNewswire last month

    Teekay Corporation Announces Closing of $250 Million Private Offering of Senior Secured Notes and Early Settlement of Cash Tender Offer for its 8.5% Senior Notes Due in 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today the closing of its previously announced offering of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes). In addition, the Company announced that it had completed the early settlement of its cash tender offer to purchase any and all of its outstanding $497.7 million of 8.5% senior notes due 2020 (the 2020 Notes and such tender offer, the Offer), pursuant to which the Company purchased approximately $458.0 million in aggregate principal amount of 2020 Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on May 7, 2019, for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and unpaid interest.

  • GlobeNewswire last month

    Teekay Corporation Announces Early Results of Tender Offer for Its 8.5% Senior Notes Due 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today the results to date of its previously announced cash tender offer (the Offer) to purchase any and all of its outstanding 8.5% Senior Notes due 2020 (the Notes), upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of April 24, 2019 (the Offer to Purchase) and the related Letter of Transmittal and Consent. According to information received from Ipreo LLC, the depositary and information agent for the Offer, as of 5:00 p.m., New York City time, on May 7, 2019 (the Early Tender and Consent Date), Teekay had received valid tenders from holders of the Notes that were not validly withdrawn as set forth in the table below.

  • Moody's last month

    Teekay Offshore Partners L.P. -- Moody's says Teekay's ratings unaffected following announced plan to sell remaining TOO equity ownership

    Moody's Investors Service ("Moody's") said that Teekay Corporation's (Teekay or Parent, B3 stable) plan to sell its remaining minority interests in Teekay Offshore Partners L.P. (TOO, B3 stable), one of its two master limited partnership (MLP) subsidiaries, for $100 million to Brookfield Business Partners LP is credit positive. Despite this credit profile enhancement, Teekay's ratings remain unchanged at this time, including the B2 rating on the new secured bond and B3 Corporate Family Rating.

  • GlobeNewswire last month

    Teekay Corporation Announces Pricing of $250 Million Private Offering of Senior Secured Notes

    Teekay Corporation (Teekay or the Company) (TK) announced today the pricing at par of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes).  The Company decided to reduce the offering amount from $300 million as a result of its previously announced agreement to sell the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE: TOO) to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), for $100 million in cash. The Notes are being offered to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act).

  • GlobeNewswire 2 months ago

    Teekay Offshore Partners Reports First Quarter 2019 Results

    Revenues of $336.6 million and net loss of $2.6 million, or ($0.03) per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $29.5.

  • GlobeNewswire 2 months ago

    Teekay Corporation Agrees to Sell Remaining Interests in Teekay Offshore to Brookfield for $100 Million

    Teekay Corporation (Teekay or the Company) (TK) announced today an agreement to sell to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), all of the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (TOO), which includes the Company’s 49% general partner interest, common units, warrants, and an outstanding $25 million loan from the Company to Teekay Offshore, for total proceeds of $100 million in cash.

  • What You Must Know About Teekay Corporation's (NYSE:TK) Beta Value
    Simply Wall St. 2 months ago

    What You Must Know About Teekay Corporation's (NYSE:TK) Beta Value

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you're interested in Teekay Corporation (NYSE:TK), then you might want to consider its beta (a mea...

  • GlobeNewswire 2 months ago

    Teekay Group Announces First Quarter 2019 Earnings Results Conference Calls

    HAMILTON, Bermuda, April 25, 2019 -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plans to release its financial results for the first quarter of 2019 before.

  • Why Teekay Stock Is Sinking Today
    Motley Fool 2 months ago

    Why Teekay Stock Is Sinking Today

    The shipping company took additional steps to shore up its balance sheet.

  • Moody's 2 months ago

    Teekay Corporation -- Moody's assigns B2 rating to Teekay's new senior secured notes, affirms B3 CFR; outlook stable

    Moody's Investors Service, ("Moody's") assigned a B2 rating to Teekay Corporation's ("Teekay" or "Parent") proposed senior secured notes due in 2024. Concurrently, Moody's affirmed Teekay's B3 Corporate Family Rating ("CFR") and SGL-3 Speculative Grade Liquidity rating, denoting adequate liquidity.

  • GlobeNewswire 2 months ago

    Teekay Corporation Announces Tender Offer for Its 8.5% Senior Unsecured Notes Due 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today that it has commenced a cash tender offer (the Offer) to purchase any and all of its outstanding 8.5% Senior Unsecured Notes due 2020 (the Notes), upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of April 24, 2019 (the Offer to Purchase) and the related letter of transmittal and consent. Concurrently with the Offer, the Company is soliciting (the Solicitation) from the holders of the Notes a consent (the Consent) to certain proposed amendments (the Proposed Amendments) to the indenture governing the Notes described below.

  • GlobeNewswire 2 months ago

    Teekay Corporation Announces Proposed $300 Million Private Offering of Senior Secured Notes; and Eliminates Dividend

    Teekay Corporation (Teekay or the Company) (TK) announced today that, subject to market conditions, it intends to offer $300 million in aggregate principal amount of senior secured notes due 2024 (the Notes) in a private placement to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act). It is expected that the Notes will be guaranteed on a senior secured basis by certain of Teekay’s subsidiaries and initially be secured by first-priority liens on two of Teekay’s floating production, storage and offloading (FPSO) units, a pledge of the equity interests of the Teekay subsidiary that owns all of Teekay’s common units of Teekay LNG Partners L.P. and Teekay Offshore Partners L.P. and all of Teekay’s Class A common shares of Teekay Tankers Ltd., and a pledge of the equity interests in the Teekay subsidiaries that own two of its FPSO units.

  • GlobeNewswire 2 months ago

    Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units

    HAMILTON, Bermuda, April 24, 2019 -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has declared.