Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units
July 05 2018 - 4:06PM
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:
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Units |
Distribution Period |
Amount |
Record Date |
Payment Date |
Series A Preferred Units |
May 15, 2018 to August 14, 2018 |
$0.4531 per unit |
August 8, 2018 |
August 15, 2018 |
Series B Preferred Units |
May 15, 2018 to August 14, 2018 |
$0.5313 per unit |
August 8, 2018 |
August 15, 2018 |
Series E Preferred Units |
May 15, 2018 to August 14, 2018 |
$0.5547 per unit |
August 8, 2018 |
August 15, 2018 |
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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 $5.7 billion, comprised of 62
offshore assets, including floating production, storage and
offloading (FPSO) units, shuttle tankers, floating storage and
offtake (FSO) units, long distance towing and offshore installation
vessels, a floating accommodation unit (FAU), 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.
For Investor Relationsenquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website: www.teekay.com
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