Teekay Offshore Partners Declares Distributions on Series A and B Preferred Units
January 04 2018 - 4:01PM
Teekay Offshore GP LLC, the general partner of Teekay Offshore
Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has
declared the following distributions for the period from November
15, 2017 to February 14, 2018:
Units |
Amount |
Record Date |
Payment Date |
Series A Preferred Units |
$0.4531 per unit |
February 8, 2018 |
February 15, 2018 |
Series B Preferred Units |
$0.5313 per unit |
February 8, 2018 |
February 15, 2018 |
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 shuttle tankers, floating production, storage and
offloading (FPSO) units, 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.
For Investor Relationsenquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website:
www.teekay.com
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