Teekay LNG Partners (TGP) Stock Price

Teekay LNG Partners Price

Delisted·Jan 12, 2022
16.98USD
Last traded price

Over the last 18 years Teekay LNG Partners grew revenue by 13.6% annually, reaching 591.10 M USD. Earnings per share have grown at 1.0% per year over the last 11 years. For Teekay LNG Partners, the net margin of 14.8% is down versus 35.4% a few years ago. At today's price the dividend yield works out to roughly 5.54%. The payout ratio is around 89% of earnings. The dividend has grown at 2.5% per year over the past 15 years. The consensus 12-month price target for Teekay LNG Partners is 17.34 USD, about 2.1% above where the stock trades today. Of 12 analysts, 5 rate the stock a buy — an overall Hold consensus.

Teekay LNG Partners stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Teekay LNG Partners over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Teekay LNG Partners stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Teekay LNG Partners's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Teekay LNG Partners Stock Price History
DateTeekay LNG Partners Price
Access this data via the Eulerpool API

Teekay LNG Partners Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
510.76 M USD
154.63 M USD
28.37 M USD
Jan 1, 2019
601.26 M USD
299.25 M USD
152.79 M USD
Jan 1, 2020
591.10 M USD
277.09 M USD
87.36 M USD
Jan 1, 2021 (e)
574.49 M USD
266.71 M USD
214.04 M USD
Jan 1, 2022 (e)
557.73 M USD
260.63 M USD
224.49 M USD
Jan 1, 2023 (e)
579.94 M USD
219.06 M USD
225.27 M USD
Jan 1, 2024 (e)
569.75 M USD
197.13 M USD
229.44 M USD
Jan 1, 2025 (e)
565.34 M USD
179.16 M USD
236.02 M USD

Teekay LNG Partners Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 30, 2026, 3:07 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
SHARESM
201020112012201320142015201620172018201920202021e2022e2023e2024e2025e
374.00380.00392.00399.00402.00397.00396.00432.00510.00601.00591.00574.00557.00579.00569.00565.00
14.721.603.161.790.75-1.24-0.259.0918.0617.84-1.66-2.88-2.963.95-1.73-0.70
99.4799.4799.4999.2599.2599.7599.4998.1594.5196.3455.3355.3355.3355.3355.3355.33
372.00378.00390.00396.00399.00396.00394.00424.00482.00579.00327.00317.59308.19320.36314.83312.61
179.00173.00147.00176.00183.00181.00220.00127.00154.00299.00277.00266.00260.00219.00197.00179.00
47.8645.5337.5044.1145.5245.5955.5629.4030.2049.7546.8746.3446.6837.8234.6231.68
89.0089.00123.00201.00205.00200.00140.0033.0028.00152.0087.00214.00224.00225.00229.00236.00
89.3638.2063.411.99-2.44-30.00-76.43-15.15442.86-42.76145.984.670.451.783.06
53.0059.0066.0071.0076.0079.0080.0080.0080.0078.0083.0083.0083.0083.0083.0083.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Teekay LNG Partners generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Teekay LNG Partners retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Teekay LNG Partners's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Teekay LNG Partners has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Teekay LNG Partners's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Teekay LNG Partners stock margins

The Teekay LNG Partners margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Teekay LNG Partners. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Teekay LNG Partners.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
99.58 %
55.73 %
35.43 %
Jan 1, 2017
98.10 %
29.53 %
7.85 %
Jan 1, 2018
94.47 %
30.27 %
5.55 %
Jan 1, 2019
96.44 %
49.77 %
25.41 %
Jan 1, 2020
55.42 %
46.88 %
14.78 %
Jan 1, 2021 (e)
55.42 %
46.43 %
37.26 %
Jan 1, 2022 (e)
55.42 %
46.73 %
40.25 %
Jan 1, 2023 (e)
55.42 %
37.77 %
38.84 %

Teekay LNG Partners Stock Revenue, EBIT, Earnings per Share

The Teekay LNG Partners earnings per share therefore indicates how much revenue Teekay LNG Partners has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
4.96 USD
2.76 USD
1.76 USD
Jan 1, 2017
5.41 USD
1.60 USD
0.42 USD
Jan 1, 2018
6.38 USD
1.93 USD
0.35 USD
Jan 1, 2019
7.71 USD
3.84 USD
1.96 USD
Jan 1, 2020
7.12 USD
3.34 USD
1.05 USD
Jan 1, 2021 (e)
6.60 USD
3.21 USD
2.46 USD
Jan 1, 2022 (e)
6.41 USD
3.14 USD
2.58 USD
Jan 1, 2023 (e)
6.67 USD
2.64 USD
2.59 USD

Teekay LNG Partners business model & stock analysis

Teekay LNG Partners LP is a company specializing in the transport of liquefied natural gas (LNG). The company was founded in 2004 and has its headquarters in Hamilton, Bermuda. Teekay LNG Partners operates a fleet of LNG tankers that are used for the transport of LNG worldwide. The ships are used to transport LNG for customers such as energy companies, industrial companies, and governments. The company is divided into two main business segments: spot charters and long-term contracts. Spot charters correspond to a more flexible business strategy. The ships are used for one-time transport of LNG for customers with short-term needs. In contrast, long-term contracts provide a more stable business strategy. Here, the ships are leased to customers for a longer period of time to create a continuous source of income for the company. Teekay LNG Partners operates a fleet of 56 ships that can be used for the transport of LNG and other gas products such as butanes and propanes. The ships have a capacity of up to 175,000 cubic meters and are equipped with the latest technologies to ensure safe and efficient transportation of LNG. The products transported by Teekay LNG Partners' ships can be used for a variety of applications. For example, energy companies use LNG as a more environmentally friendly alternative to oil and coal. Industrial companies can use LNG for processes such as melting steel and other metal products. Teekay LNG Partners has a strong presence in the Asian market, especially in China, where the demand for LNG has increased significantly in recent years. The company also has a presence in Europe and North America. Overall, Teekay LNG Partners is a key player in the international LNG transportation industry. The company has a fleet of modern ships suitable for the transport of LNG and other gas products, as well as a variety of applications. With its flexible business model, the company is well positioned to respond to changing demand for LNG and other gas products.

Teekay LNG Partners SWOT Analysis

Strengths

Teekay LNG Partners LP has several strengths that contribute to its success in the liquefied natural gas (LNG) industry. These include:

  • A strong and established reputation in the market.
  • A diversified fleet of vessels, enabling flexibility and adaptability.
  • Long-term contracts with stable cash flow streams.
  • Access to advanced technology and expertise in LNG transportation.

Weaknesses

However, Teekay LNG Partners LP also faces certain weaknesses that may pose challenges to its growth and sustainability:

  • Exposure to fluctuations in global energy prices, impacting demand for LNG.
  • The dependency on a limited number of major customers for a significant portion of its revenue.
  • The potential risk of asset impairments due to aging vessels and changing industry regulations.
  • High capital requirements for vessel acquisitions and fleet modernization.

Opportunities

Teekay LNG Partners LP can leverage several opportunities in the LNG market to further expand its business:

  • The growing demand for cleaner energy sources, with LNG being a viable alternative.
  • The increasing availability of LNG infrastructure and terminals worldwide.
  • Potential for entering emerging LNG markets and regions with untapped potential.
  • Investment in new technologies and innovation to enhance operational efficiency and reduce environmental impact.

Threats

Teekay LNG Partners LP must also be aware of the following threats in the industry that may hinder its growth and profitability:

  • Intense competition from other LNG carriers and alternative energy sources.
  • Volatile geopolitical situations and regulatory changes impacting international trade of LNG.
  • The potential for overcapacity in the LNG shipping market, leading to reduced charter rates.
  • Risks associated with potential accidents, natural disasters, or security breaches affecting LNG operations.

Teekay LNG Partners Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Teekay LNG Partners historical P/E ratio, EBIT multiple, and P/S ratio

Teekay LNG Partners annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Teekay LNG Partners shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
80.00 M Stocks
Jan 1, 2017
80.00 M Stocks
Jan 1, 2018
80.00 M Stocks
Jan 1, 2019
78.00 M Stocks
Jan 1, 2020
83.00 M Stocks
Jan 1, 2021 (e)
83.00 M Stocks
Jan 1, 2022 (e)
83.00 M Stocks
Jan 1, 2023 (e)
83.00 M Stocks

Teekay LNG Partners Dividend History

17 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
20211.68USD 78.2%
20200.94USD 32.4%
20190.71USD 26.8%
20180.56USD 0.0%
20170.56USD 0.0%
20160.56USD 84.0%
20153.50USD 26.5%
20142.77USD 2.5%
20132.70USD 1.7%
20122.66USD 5.4%

Teekay LNG Partners dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2016
31.90 %
Jan 1, 2017
131.90 %
Jan 1, 2018
157.92 %
Jan 1, 2019
36.25 %
Jan 1, 2020
89.31 %
Jan 1, 2021 (e)
0.00 %
Jan 1, 2022 (e)
0.00 %
Jan 1, 2023 (e)
0.00 %

Current Teekay LNG Partners forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy41.67 % (5)
Hold58.33 % (7)
Sell0.00 % (0)
12M Price Target
17.34
Last Price
16.98
Currency
USD
12M Return Potential
2.12 %
LTM Return
0 %

Teekay LNG Partners Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/28/20220.67USD149.38 MUSD2021 Q4
11/4/20210.60USD146.53 MUSD2021 Q3
8/5/20210.64USD142.84 MUSD2021 Q2
5/13/20210.60USD147.79 MUSD2021 Q1
2/25/20210.61USD148.11 MUSD2020 Q4
11/12/20200.57USD146.86 MUSD2020 Q3
8/13/20200.66USD144.61 MUSD2020 Q2
5/21/20200.67USD144.38 MUSD2020 Q1
2/27/20200.59USD151.50 MUSD2019 Q4
11/13/20190.50USD155.90 MUSD2019 Q3

Frequently asked questions about Teekay LNG Partners

Teekay LNG Partners LP operates as a marine transportation company, focusing on liquefied natural gas (LNG) shipping. The company's business model revolves around owning, operating, and chartering LNG carriers, as well as providing related services. Teekay LNG Partners LP primarily transports LNG for energy companies, utilities, and governments worldwide. By leveraging its fleet of LNG carriers, the company facilitates the safe and efficient transportation of natural gas to meet the growing global demand. Teekay LNG Partners LP's business model aims to support the energy industry's transition towards cleaner fuel alternatives, contributing to a more sustainable future.

All fundamentals and in-depth analysis of Teekay LNG Partners

Our stock analysis for Teekay LNG Partners stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Teekay LNG Partners. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.