Teekay Group Announces Third Quarter 2017 Earnings Results Conference Calls
November 01 2017 - 4:05PM
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 third
quarter of 2017 before market open on Thursday, November 9, 2017
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:
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Entity |
Date |
Time
(ET) |
Telephone
Number (North America) |
Telephone
Number (International) |
Conference
Code |
Teekay
LNG |
November 9, 2017 |
11:00 a.m. |
1-800-239-9838 |
1-416-640-5942 |
4124786 |
Teekay
Offshore |
November 9, 2017 |
12:00 p.m. |
1-800-239-9838 |
1-416-640-5944 |
7283934 |
Teekay
Tankers |
November 9, 2017 |
1:00 p.m. |
1-888-401-4671 |
1-416-640-5942 |
1579601 |
Teekay |
November 9, 2017 |
2:00 p.m. |
1-866-548-4713 |
1-416-640-5944 |
3371748 |
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- 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 Third Quarter 2017 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 manage and operate consolidated assets of
approximately $13 billion as of June 30, 2017, comprised of
approximately 220 liquefied gas, offshore, and conventional tanker
assets. With offices in 14 countries and approximately 8,000
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 trades on the New York
Stock Exchange 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 50 LNG carriers (including 15 newbuildings), 30 LPG/Multigas
carriers (including three newbuildings) and five 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 L.P. 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 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 with consolidated assets
of approximately $5.7 billion as of June 30, 2017, comprised of 63
offshore assets, including floating production, storage and
offloading (FPSO) units, shuttle tankers, floating storage and
offtake (FSO) units, units 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 the Series A
and B preferred units trade on the New York Stock Exchange under
the symbol "TOO", “TOO PR A”, and “TOO PR B”, respectively.
About Teekay Tankers
Teekay Tankers currently owns a fleet of 35
double-hull tankers, including 16 Suezmax tankers, 12 Aframax
tankers, and seven Long Range 2 (LR2) product tankers, and has four
capital leased Suezmax tankers and one 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 and
a minority interest of over 11 percent in Tanker Investments Ltd.
(OSE: TIL), which currently owns a fleet of 18 modern tankers and
which Teekay Tankers has agreed to acquire the remaining ownership
interest. 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) 844-6654Website:
www.teekay.com
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