Teekay Group Announces Third Quarter 2018 Earnings Results Conference Calls
October 26 2018 - 6:55AM
Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plans to
release their financial results for the third quarter of 2018
before market open on Thursday, November 1, 2018, and host a
conference call to discuss these results. Teekay Offshore’s
reporting schedule now aligns with Brookfield Business Partners
L.P. (NYSE:BBU) (TSX:BBU.UN), which together with its institutional
partners (collectively Brookfield), own 51 percent
of Teekay Offshore’s general partner and 59.5 percent of
Teekay Offshore’s outstanding common units.
In addition, Teekay Corporation (Teekay)
(NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and
Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release
their financial results for the third quarter of 2018 before market
open on Thursday, November 15, 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) |
ConferenceCode |
Teekay Offshore |
November 1, 2018 |
12:00 p.m. |
1-888-599-8686 |
1-647-794-4605 |
7831663 |
Teekay LNG |
November 15, 2018 |
11:00 a.m. |
1-888-204-4368 |
1-647-484-0478 |
7444729 |
Teekay Tankers |
November 15, 2018 |
1:00 p.m. |
1-888-220-8451 |
1-647-484-0475 |
1928190 |
Teekay |
November 15, 2018 |
2:00 p.m. |
1-888-220-8474 |
1-647-484-0475 |
5738600 |
- By accessing the webcasts, which will be available on Teekay's
website at www.teekay.com at the times noted above (the archives
will remain on the website for a period of one year).
Accompanying Third 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 $16.6 billion, comprised of approximately 220
liquefied gas, offshore, and conventional tanker assets. With
offices in 14 countries and approximately 8,300 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, fee-based charter contracts through its interests
in 49 LNG carriers (including seven newbuildings), 29 LPG/Multigas
carriers and four conventional tankers. The Partnership’s interests
in these vessels range from 20 to 100 percent. In addition, the
Partnership owns a 30 percent interest in a regasification
facility, which is currently under construction. Teekay LNG
Partners is a publicly-traded master limited partnership 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 a leading
international midstream services provider to the offshore oil
production industry, focused on the ownership and operation of
critical infrastructure assets 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 with
consolidated assets of approximately $5.4 billion, comprised of 63
offshore assets, including floating production, storage and
offloading (FPSO) units, shuttle tankers (including six
newbuildings), floating storage and offtake (FSO) units, long
distance towing and offshore installation vessels, a unit for
maintenance and safety (UMS) 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 46
double-hull tankers, including 26 Suezmax tankers, 11 Aframax
tankers, and nine Long Range 2 (LR2) product tankers, and has six
Aframax tankers and four Suezmax tankers related to capital leases
and one contracted time charter-in. Teekay Tankers’ vessels are
typically 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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