Teekay Group Announces First Quarter 2018 Earnings Results Conference Calls
May 08 2018 - 4:20PM
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 first
quarter of 2018 before market open on Thursday, May 17, 2018 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:
Entity |
Date |
Time
(ET) |
Telephone
Number (North America) |
Telephone
Number (International) |
Conference Code |
Teekay
LNG |
May 17, 2018 |
11:00 a.m. |
1-800-289-0438 |
1-647-484-0478 |
7883830 |
Teekay
Offshore |
May 17, 2018 |
12:00 p.m. |
1-800-239-9838 |
1-647-794-4605 |
7086576 |
Teekay
Tankers |
May 17, 2018 |
1:00 p.m. |
1-866-548-4713 |
1-647-484-0477 |
8218369 |
Teekay |
May 17, 2018 |
2:00 p.m. |
1-800-289-0438 |
1-647-484-0478 |
2014882 |
- 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 First Quarter 2018 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 partner and a
portion of the outstanding limited partner interests in Teekay LNG
Partners L.P. (NYSE:TGP) and an interest in the general partner and
a portion of the outstanding limited partner interests in 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 operate total assets under management of
approximately $13 billion, comprised of approximately 215 liquefied
gas, offshore, and conventional tanker assets. With offices in 14
countries and approximately 8,200 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 is listed on the New York
Stock Exchange where it trades 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 49 LNG carriers (including 11 newbuildings), 29 LPG/Multigas
carriers (including two newbuildings) and four 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”,
“TGP PR A” and “TGP PR B”, 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 63 offshore
assets, including floating production, storage and offloading
(FPSO) units, shuttle tankers, floating storage and offtake (FSO)
units, a unit 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 preferred
units trade on the New York Stock Exchange under the symbols “TOO”,
“TOO PR A”, “TOO PR B” and “TOO PR E”, respectively.
About Teekay Tankers
Teekay Tankers currently owns a fleet of 52
double-hull tankers, including 26 Suezmax tankers, 17 Aframax
tankers, and nine Long Range 2 (LR2) product tankers, and has four
capital leased Suezmax tankers and three contracted time charter-in
vessel. 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.
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.”
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website:
www.teekay.com
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