Teekay Offshore Partners L.P. Teekay Offshore Partners L.P.'s revenue was down 14.0% compared to the same quarter a year ago. The business is scheduled to issue its next earnings results on Thursday, August 3rd. Equities analysts forecast that Teekay Offshore Partners L.P. will post $0.28 EPS for the current year. Teekay Offshore had 14 analyst reports since August 4, 2015 according to SRatingsIntel. Zacks Investment Research's sales averages are an average based on a survey of sell-side research firms that follow Teekay Corporation.
Teekay Corporation (NYSE:TK) last released its quarterly earnings data on Thursday, August 3rd.
Hi-Crush Partners LP (HCLP) surprised the stock market in its last reported earnings when it earned $0.18 a piece versus the consensus-estimated $0.15. The company had revenue of $244.60 million during the quarter, compared to analyst estimates of $270 million. It is involved in the operations in the offshore production, storage and transportation sector through its subsidiary, Teekay Offshore Partners L.P. (Teekay Offshore) and through its interest in Teekay Petrojarl AS. The dividend will be $0.055 per share for the quarter which comes to $0.22 on an annualized basis.
TK has been the topic of several research reports. The Illinois-based Prudential Public Ltd Liability Co has invested 0% in Teekay Offshore Partners L.P. (NYSE:TOO). Also, the Hold rating count is 2 as of 08/09/17. UBS AG downgraded shares of Teekay Offshore Partners L.P. from an outperform rating to a market perform rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded Teekay LNG Partners L.P. from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 2nd.
Turning to Teekay LNG Partners L.P. (NYSE:TGP), its shares were trading at $17.9 a gain of $0.1, on the trading floor.
The counter witnessed a trading volume of 0.22 million shares versus an average volume of 0.37 million shares during last trading session. As of writing, Teekay LNG Partners L.P.'s RSI stands at 56.54. The company has a market capitalization of $405.42 million, a price-to-earnings ratio of 4.497 and a beta of 2.72. The company's 50 day moving average price is $7.97 and its 200-day moving average price is $8.44.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 16th. Investors of record on Friday, August 4th will be issued a dividend of $0.055 per share.
In an overview of the current analyst recommendations, Buy count is 2 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 1 and 0, respectively. The ex-dividend date is set for Wednesday the 2nd of August 2017.
Several institutional investors have recently modified their holdings of TK. As of quarter end Tiaa Cref Investment Management LLC had bought 12,344 shares growing its stake by 8.7%. FMR LLC now owns 8,474,399 shares of the shipping company's stock worth $68,049,000 after buying an additional 2,396,112 shares in the last quarter.
Teekay LNG Partners L.P.is an global provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. LLC now owns 40,054 shares of the shipping company's stock valued at $203,000 after buying an additional 1,487 shares in the last quarter. Teekay Offshore Partners LP (NYSE:TOO)'s price to free cash flow for trailing twelve months is 0. Parkside Financial Bank & Trust now owns 77,110 shares of the shipping company's stock valued at $391,000 after buying an additional 5,275 shares in the last quarter. Creative Planning now owns 36,188 shares of the shipping company's stock worth $104,000 after buying an additional 6,215 shares during the period. It fall, as 44 investors sold HRB shares while 128 reduced holdings.
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Teekay Corporation (Teekay), launched on February 9, 1979, is a provider of crude oil and gas marine transportation services. The Business's vessels primarily operate under long-term, fixed-rate charters with energy and utility companies, and Teekay Corporation.