Teekay Group to Host Rescheduled Investor Day and Release Third Quarter 2019 Earnings
October 24 2019 - 6:50AM
Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P.
(Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers)
(NYSE:TNK) (collectively, the Teekay Group) announced today that
they will host its rescheduled investor and analyst meeting during
the morning of Thursday, November 14, 2019 in New York City. In
addition, the Teekay Group plans to release its financial results
for the third quarter of 2019 after market close on Wednesday,
November 13, 2019.
For those attending the Investor Day event in
person, registration will open at 8:00 am Eastern Time, or register
online, with presentations from the Senior Leadership of Teekay,
Teekay LNG and Teekay Tankers commencing at 8:30 am Eastern
Time.
A live webcast of the presentations will be
available to the public in advance of the event on Teekay’s
website. Please allow extra time prior to the presentation to visit
the site and download the necessary software required to listen to
the internet broadcast. A recording of the webcast will be archived
at the same website following the live presentations.
For more information about the event or to RSVP,
please contact:
Alex SternThe IGB GroupTel: +1 (212)
477-8439Email: astern@igbir.com
About Teekay
Teekay is a leading provider of international
crude oil and gas marine transportation services and also provides
offshore oil production. Teekay provides these services primarily
through its directly-owned fleet and its controlling ownership
interests in Teekay LNG Partners L.P. (NYSE:TGP), the world’s third
largest independent owner and operator of LNG carriers, and Teekay
Tankers Ltd. (NYSE:TNK), one of the world’s largest owners and
operators of mid-sized crude tankers. The consolidated Teekay
entities manage and operate total assets under management of
approximately $12 billion, comprised of approximately 150 liquefied
gas, offshore, and conventional tanker assets. With 12 operating
offices around the world and approximately 5,700 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 and LPG marine transportation services primarily under
long-term, fee-based charter contracts through its interests in 49
LNG carriers (including two newbuildings), 22 mid-size LPG carriers
and seven multi-gas carriers. The Partnership’s ownership interests
in these vessels range from 20 to 100 percent. In addition, the
Partnership owns a 30 percent interest in a regasification
terminal, 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 Tankers
Teekay Tankers currently owns a fleet of 56
double-hull tankers (including 30 Suezmax tankers, 17 Aframax
tankers, nine Long Range 2 (LR2) product tankers), and three
ship-to-ship support vessels, and also has eight contracted time
charter-in vessels. 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 (NYSE:TK) 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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