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Initiation
Teekay LNG initiated with a Buy, $13 price target at B. Riley FBR » 08:30
09/16/20
09/16
08:30
09/16/20
08:30
TGP

Teekay LNG

$10.82 /

-0.135 (-1.23%)

B. Riley FBR analyst Liam…

B. Riley FBR analyst Liam Burke last night initiated coverage of Teekay LNG Partners with a Buy rating and $13 price target. Through directly owned liquid natural gas and liquid petroleum gas assets that operate under long-term charters, the partnership generates "consistent, predictable cash flow with very strong unit distribution coverage," Burke tells investors in a research note. The analyst believes Teekay's current agreements should keep EBITDA stable.

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TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

09/15/20 B. Riley Securities
Teekay LNG initiated with a Buy at B. Riley FBR
10/02/19
Teekay Corp. Investor Day has been postponed
TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

Initiation
Teekay LNG initiated with a Buy at B. Riley FBR » 21:27
09/15/20
09/15
21:27
09/15/20
21:27
TGP

Teekay LNG

$10.82 /

-0.135 (-1.23%)

B. Riley FBR initiated…

B. Riley FBR initiated coverage of Teekay LNG Partners with a Buy rating and $13 price target.

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TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

10/02/19
Teekay Corp. Investor Day has been postponed
TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

TGP Teekay LNG
$10.82 /

-0.135 (-1.23%)

Over a month ago
Earnings
Teekay LNG backs FY20 adj. net income guidance of up about 48% over FY19  05:29
08/13/20
08/13
05:29
08/13/20
05:29
TGP

Teekay LNG

$11.98 /

+0.355 (+3.06%)

 
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TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

10/02/19
Teekay Corp. Investor Day has been postponed
TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

Earnings
Teekay LNG reports Q2 EPS 67c, consensus 66c » 05:25
08/13/20
08/13
05:25
08/13/20
05:25
TGP

Teekay LNG

$11.98 /

+0.355 (+3.06%)

Reports Q2 revenue…

Reports Q2 revenue $148.21M, consensus $142.47M. "We are pleased to report that this was another record quarter for Teekay LNG," commented Mark Kremin, President and Chief Executive Officer of Teekay Gas Group Ltd. "While COVID-19 continues to have an unprecedented impact on the world and is a major focus for us, we have been able to fully service our charter contracts and have continued to receive contracted cash flows from our high quality customers. As a result of the pandemic, the overall maritime industry has experienced significant challenges related to crew changes, but I am pleased to report that we have safely changed-out a number of crew members on all of our vessels. We continue to work hard with both the industry and inter-governmental organizations to tackle this challenge and bring our remaining overdue colleagues home safely as soon as possible. I am truly proud of how our seafarers and onshore colleagues have responded to ensure safe and successful transitions with no reported COVID-19 cases, while providing uninterrupted service to our customers." Mr. Kremin continued, "Following the completion of our growth program late last year, our focus has been primarily on delivering our balance sheet, which also reduces interest costs, and maximizing our fleet utilization, which provides us with stable, predictable cash flows. This focus, in combination with consistent operational performance and competitive costs, driven by our economies of scale, has resulted in record Adjusted Net Income and Total Adjusted EBITDA for Teekay LNG this quarter." Mr. Kremin continued, "Our LNG fleet is fully-fixed for the remainder of 2020 and 94 percent fixed for 2021, largely insulating Teekay LNG from the current weak short-term LNG shipping market. Furthermore, all of our charter contracts are currently operating in-line with our expectations, which allows us to reaffirm our previously provided financial guidance for 2020."

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TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

10/02/19
Teekay Corp. Investor Day has been postponed
TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

TGP Teekay LNG
$11.98 /

+0.355 (+3.06%)

Over a quarter ago
On The Fly
Fly Intel: Pre-market Movers » 09:16
05/21/20
05/21
09:16
05/21/20
09:16
KDMN

Kadmon

$4.38 /

+0.01 (+0.23%)

, TGP

Teekay LNG

$11.70 /

+0.66 (+5.98%)

, TNK

Teekay Tankers

$16.08 /

+0.4 (+2.55%)

, BJ

BJ's Wholesale

$28.98 /

+0.52 (+1.83%)

, EXPE

Expedia

$79.64 /

+3.26 (+4.27%)

, HRL

Hormel Foods

$48.00 /

+0.61 (+1.29%)

, MDT

Medtronic

$98.04 /

+0.94 (+0.97%)

, BBY

Best Buy

$81.35 /

-2.145 (-2.57%)

, TJX

TJX

$50.81 /

+0.52 (+1.03%)

, TTWO

Take-Two

$146.99 /

+4.73 (+3.32%)

, BSX

Boston Scientific

$37.19 /

+1.78 (+5.03%)

Check out this morning's…

ShowHide Related Items >><<
TTWO Take-Two
$146.99 /

+4.73 (+3.32%)

TNK Teekay Tankers
$16.08 /

+0.4 (+2.55%)

TJX TJX
$50.81 /

+0.52 (+1.03%)

TGP Teekay LNG
$11.70 /

+0.66 (+5.98%)

MDT Medtronic
$98.04 /

+0.94 (+0.97%)

KDMN Kadmon
$4.38 /

+0.01 (+0.23%)

HRL Hormel Foods
$48.00 /

+0.61 (+1.29%)

EXPE Expedia
$79.64 /

+3.26 (+4.27%)

BSX Boston Scientific
$37.19 /

+1.78 (+5.03%)

BJ BJ's Wholesale
$28.98 /

+0.52 (+1.83%)

BBY Best Buy
$81.35 /

-2.145 (-2.57%)

KDMN Kadmon
$4.38 /

+0.01 (+0.23%)

05/19/20 Raymond James
Kadmon initiated with an Outperform at Raymond Jame
05/19/20 Raymond James
Kadmon initiated with an Outperform at Raymond James
03/16/20 Nomura Instinet
Kadmon news of FDA meeting a positive, says Nomura Instinet
01/10/20 Nomura Instinet
Kadmon initiated with a Buy at Nomura Instinet
TGP Teekay LNG
$11.70 /

+0.66 (+5.98%)

10/02/19
Teekay Corp. Investor Day has been postponed
TNK Teekay Tankers
$16.08 /

+0.4 (+2.55%)

03/09/20 DNB Markets
Teekay Tankers downgraded to Hold from Buy at DNB Markets
11/18/19 BofA
Teekay Tankers upgraded two notches to Buy from Underperform at BofA/Merrill
11/18/19 BofA
Teekay Tankers upgraded to Buy from Underperform at BofA/Merrill
10/23/19 Jefferies
Jefferies upgrades Teekay Tankers to Buy, boosts target to $2.50 from $1.50
BJ BJ's Wholesale
$28.98 /

+0.52 (+1.83%)

05/14/20 Credit Suisse
BJ's Wholesale price target raised to $31 from $26 at Credit Suisse
05/01/20 JPMorgan
Ulta Beauty, BJ's best near-term picks in retail, says JPMorgan
04/15/20 Citi
BJ's Wholesale assumed with a Neutral from Buy at Citi
04/14/20 Loop Capital
BJ's Wholesale price target raised to $35 from $30 at Loop Capital
EXPE Expedia
$79.64 /

+3.26 (+4.27%)

05/21/20 Credit Suisse
Expedia price target raised to $101 from $90 at Credit Suisse
05/21/20 Deutsche Bank
Expedia price target raised to $112 from $87 at Deutsche Bank
05/21/20 Benchmark
Expedia price target lowered to $103 from $155 at Benchmark
05/21/20 RBC Capital
Expedia price target raised to $90 from $71 at RBC Capital
HRL Hormel Foods
$48.00 /

+0.61 (+1.29%)

04/29/20
Fly Intel: Top five analyst downgrades
04/29/20 Piper Sandler
Hormel downgraded to Neutral on foodservice risk at Piper Sandler
04/28/20 Piper Sandler
Hormel Foods downgraded to Neutral from Overweight at Piper Sandler
03/26/20
Fly Intel: Top five analyst upgrades
MDT Medtronic
$98.04 /

+0.94 (+0.97%)

05/14/20 DZ Bank
Medtronic downgraded to Hold from Buy at DZ Bank
04/28/20 Piper Sandler
Untreated heart attacks negative for Abiomed, says Piper Sandler
04/22/20 Wells Fargo
Medtronic price target lowered to $108 from $130 at Wells Fargo
04/09/20 Raymond James
Medtronic price target lowered to $110 from $122 at Raymond James
BBY Best Buy
$81.35 /

-2.145 (-2.57%)

05/18/20
Fly Intel: Top five analyst upgrades
05/18/20 Telsey Advisory
Best Buy upgraded to Outperform from Market Perform at Telsey Advisory
05/14/20
Fly Intel: Top five analyst upgrades
05/14/20 Wells Fargo
Best Buy price target raised to $75 from $60 at Wells Fargo
TJX TJX
$50.81 /

+0.52 (+1.03%)

05/19/20 Jefferies
TJX to benefit from 'biggest liquidation sale in history,' says Jefferies
05/11/20 Nomura Instinet
TJX price target raised to $59 from $56 at Nomura Instinet
05/04/20 Barclays
TJX price target lowered to $60 from $74 at Barclays
04/29/20
Fly Intel: Top five analyst upgrades
TTWO Take-Two
$146.99 /

+4.73 (+3.32%)

05/21/20 Wedbush
Take-Two price target raised to $170 from $131 at Wedbush
05/21/20 MKM Partners
Take-Two price target raised to $145 from $124 at MKM Partners
05/21/20 Oppenheimer
Take-Two price target raised to $155 from $145 at Oppenheimer
05/21/20 Morgan Stanley
Take-Two price target raised to $150 from $140 at Morgan Stanley
BSX Boston Scientific
$37.19 /

+1.78 (+5.03%)

05/10/20 Piper Sandler
FLX to further strengthen Boston category leadership in LAAC, says Piper Sandler
04/22/20 SVB Leerink
Boston Scientific downgraded to Market Perform at SVB Leerink on slower recovery
04/22/20 SVB Leerink
Boston Scientific downgraded to Market Perform from Outperform at SVB Leerink
TTWO Take-Two
$146.99 /

+4.73 (+3.32%)

TNK Teekay Tankers
$16.08 /

+0.4 (+2.55%)

TJX TJX
$50.81 /

+0.52 (+1.03%)

TGP Teekay LNG
$11.70 /

+0.66 (+5.98%)

MDT Medtronic
$98.04 /

+0.94 (+0.97%)

KDMN Kadmon
$4.38 /

+0.01 (+0.23%)

HRL Hormel Foods
$48.00 /

+0.61 (+1.29%)

EXPE Expedia
$79.64 /

+3.26 (+4.27%)

BSX Boston Scientific
$37.19 /

+1.78 (+5.03%)

BJ BJ's Wholesale
$28.98 /

+0.52 (+1.83%)

BBY Best Buy
$81.35 /

-2.145 (-2.57%)

  • 22
    May
TTWO Take-Two
$146.99 /

+4.73 (+3.32%)

TJX TJX
$50.81 /

+0.52 (+1.03%)

MDT Medtronic
$98.04 /

+0.94 (+0.97%)

HRL Hormel Foods
$48.00 /

+0.61 (+1.29%)

EXPE Expedia
$79.64 /

+3.26 (+4.27%)

BSX Boston Scientific
$37.19 /

+1.78 (+5.03%)

BJ BJ's Wholesale
$28.98 /

+0.52 (+1.83%)

BBY Best Buy
$81.35 /

-2.145 (-2.57%)

TTWO Take-Two
$146.99 /

+4.73 (+3.32%)

TJX TJX
$50.81 /

+0.52 (+1.03%)

MDT Medtronic
$98.04 /

+0.94 (+0.97%)

HRL Hormel Foods
$48.00 /

+0.61 (+1.29%)

EXPE Expedia
$79.64 /

+3.26 (+4.27%)

BJ BJ's Wholesale
$28.98 /

+0.52 (+1.83%)

BBY Best Buy
$81.35 /

-2.145 (-2.57%)

TTWO Take-Two
$146.99 /

+4.73 (+3.32%)

TJX TJX
$50.81 /

+0.52 (+1.03%)

MDT Medtronic
$98.04 /

+0.94 (+0.97%)

HRL Hormel Foods
$48.00 /

+0.61 (+1.29%)

EXPE Expedia
$79.64 /

+3.26 (+4.27%)

BSX Boston Scientific
$37.19 /

+1.78 (+5.03%)

BBY Best Buy
$81.35 /

-2.145 (-2.57%)

Earnings
Teekay LNG reports Q1 adj. EPS 58c, consensus 66c » 05:30
05/21/20
05/21
05:30
05/21/20
05:30
TGP

Teekay LNG

$11.70 /

+0.66 (+5.98%)

Reports Q1 revenue…

Reports Q1 revenue $139.89M, consensus $142.24M. "Teekay LNG continues to record strong operating results with the completion of our growth program and our assets operating as expected, earning reliable cash flows for the Partnership," commented Mark Kremin, President and CEO of Teekay Gas Group. "While the unprecedented recent global events are clearly a major area of focus for us, our long-term contract cover has ensured that they have had a minimal impact on Teekay LNG's operations and cash flows so far in 2020, and we expect this to continue. We are very proud of how our dedicated seafarers and on-shore colleagues have responded to COVID-19, implementing new standards which focus on the health and well-being of everyone involved in our organization, especially our colleagues at sea, while maintaining consistently safe and efficient vessel operation for our customers." Mr. Kremin continued, "I'm pleased that we took proactive steps this quarter to strengthen our commercial position with three new fixed-term LNG charters and to increase our financial flexibility with the refinancing of our unsecured revolver at the same size and pricing despite the volatility in our markets. Our LNG fleet is now 100% fixed on 'take-or-pay' charters with high-quality customers and with over $370 million in total liquidity as of March 31, we believe we are well-positioned to meet our upcoming debt maturities without the need to access the public capital markets until later next year, while maintaining a strong financial foundation. Given the long-term stability of our business model, we are today reaffirming our fiscal 2020 financial guidance which projects an increase in adjusted net income of approximately 48% over 2019."

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TGP Teekay LNG
$11.70 /

+0.66 (+5.98%)

TGP Teekay LNG
$11.70 /

+0.66 (+5.98%)

10/02/19
Teekay Corp. Investor Day has been postponed
TGP Teekay LNG
$11.70 /

+0.66 (+5.98%)

Syndicate
Teekay LNG files to sell 10.75M units for holder  06:21
05/18/20
05/18
06:21
05/18/20
06:21
TGP

Teekay LNG

$10.65 /

-0.31 (-2.83%)

 
ShowHide Related Items >><<
TGP Teekay LNG
$10.65 /

-0.31 (-2.83%)

TGP Teekay LNG
$10.65 /

-0.31 (-2.83%)

10/02/19
Teekay Corp. Investor Day has been postponed
TGP Teekay LNG
$10.65 /

-0.31 (-2.83%)

Hot Stocks
Teekay LNG, Teekay announce elimination of incentive distribution rights » 09:35
05/11/20
05/11
09:35
05/11/20
09:35
TGP

Teekay LNG

$11.19 /

+0.34 (+3.13%)

, TK

Teekay Corp.

$3.43 /

+0.155 (+4.73%)

, TNK

Teekay Tankers

$18.36 /

+0.26 (+1.44%)

Teekay Corporation (TK)…

Teekay Corporation (TK) and Teekay LNG Partners L.P. (TGP) announced the execution of a definitive agreement to eliminate all of the Partnership's incentive distribution rights in exchange for 10.75 million newly-issued Teekay LNG common units. The Transaction concurrently closed on May 11, 2020. Following the completion of this Transaction, Teekay now beneficially owns approximately 36 million Teekay LNG common units and remains the sole owner of Teekay GP L.L.C., the general partner of Teekay LNG, which together represents an economic interest of approximately 42 percent in the Partnership. The Boards of Directors of Teekay and Teekay GP, as well as the Teekay GP Conflicts Committee, which consists entirely of independent directors, unanimously approved the IDR elimination transaction.

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TGP Teekay LNG
$11.19 /

+0.34 (+3.13%)

10/02/19
Teekay Corp. Investor Day has been postponed
TK Teekay Corp.
$3.43 /

+0.155 (+4.73%)

TNK Teekay Tankers
$18.36 /

+0.26 (+1.44%)

03/09/20 DNB Markets
Teekay Tankers downgraded to Hold from Buy at DNB Markets
11/18/19 BofA
Teekay Tankers upgraded two notches to Buy from Underperform at BofA/Merrill
11/18/19 BofA
Teekay Tankers upgraded to Buy from Underperform at BofA/Merrill
10/23/19 Jefferies
Jefferies upgrades Teekay Tankers to Buy, boosts target to $2.50 from $1.50
Hot Stocks
Teekay LNG increases quarterly cash distribution 32% to 25c per share » 07:00
04/16/20
04/16
07:00
04/16/20
07:00
TGP

Teekay LNG

$10.51 /

-0.415 (-3.80%)

Teekay LNG has declared a…

Teekay LNG has declared a cash distribution of 25c per common unit for the quarter ended March 31, representing a 32% increase over the previous quarter's distribution. This corresponds to $1.00 per common unit on an annualized basis. The cash distribution is payable on May 15 to all common unitholders of record on May 1.

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TGP Teekay LNG
$10.51 /

-0.415 (-3.80%)

10/02/19
Teekay Corp. Investor Day has been postponed
Earnings
Teekay LNG reports Q4 adj. EPS 56c, consensus 59c » 05:53
02/27/20
02/27
05:53
02/27/20
05:53
TGP

Teekay LNG

$11.46 /

-0.2 (-1.72%)

Reports Q4 revenue…

Reports Q4 revenue $148.8M, consensus $149.26M. "For both the fourth quarter and the full year 2019, Teekay LNG recorded strong financial results through successfully completing our newbuilding program in late-2019 and securing attractive time-charters during the year," commented Mark Kremin, President and CEO of Teekay Gas Group Ltd. "By virtue of having our LNG fleet 97 percent fixed through fiscal 2020, we are well-insulated from the current weakness in the spot LNG shipping market and the low price of natural gas in international markets," commented Mr. Kremin. "Looking ahead to 2020, we remain confident that our results will fall within the anticipated guidance ranges for the year presented at our Investor Day event in November 2019, with adjusted net income between $2.60 to $3.10 per unit, which is 45 to 73 percent higher than our actual 2019 adjusted net income per unit of $1.79. In the fourth quarter of 2019, we concluded our 6-year, $3.5 billion newbuilding program with the successful delivery of our last two Yamal ice-breaking LNG newbuildings to our Yamal LNG Joint Venture, upon which they immediately commenced fixed-rate time-charter contracts. Notably, these LNG carriers were delivered approximately three months ahead of schedule, resulting in an additional three months of charter hire to our Yamal LNG Joint Venture. In addition, the Bahrain regasification terminal completed mechanical construction and commissioning. With our orderbook now complete and our fully-delivered LNG fleet fixed on period charters, the Partnership is expected to benefit from its long-term contracted cash flows, and to continue allocating capital in a manner that focuses on the delevering and strengthening of its balance sheet while also returning capital to unitholders."

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TGP Teekay LNG
$11.46 /

-0.2 (-1.72%)

10/02/19
Teekay Corp. Investor Day has been postponed

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