Teekay LNG Partners (TGP) Stock Price
Teekay LNG Partners Price
Over the last 18 years Teekay LNG Partners grew revenue by 13.6% annually, reaching 591.10 M USD. Earnings per share have declined at 6.3% per year over the last 15 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
Teekay LNG Partners business model & stock analysis
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.
Teekay LNG Partners LP is primarily active in the shipping and logistics industry.
The main competitors of Teekay LNG Partners LP in the market include GasLog Ltd., Dynagas LNG Partners LP, Golar LNG Limited, and Höegh LNG Partners LP.
Teekay LNG Partners LP is a leading provider of marine transportation services for liquefied natural gas (LNG). The company was established in 2004 and operates a fleet of LNG carriers that transport LNG globally. Teekay LNG Partners LP is affiliated with Teekay Corporation, a renowned marine energy and transportation company. With a strong focus on safety, reliability, and customer satisfaction, Teekay LNG Partners LP has built a reputation for its expertise in the LNG shipping industry. The company's commitment to innovation and sustainable practices further solidifies its position as a trusted partner in the global LNG market.
Teekay LNG Partners LP has achieved several significant milestones throughout its history. The company has successfully expanded its fleet, establishing a strong position in the liquefied natural gas (LNG) sector. Teekay LNG Partners LP has also formed strategic partnerships with leading energy companies, enabling them to secure long-term contracts and ensure stable cash flows. Additionally, the company has consistently demonstrated its commitment to environmental sustainability by investing in advanced technology and vessels that reduce emissions. Overall, Teekay LNG Partners LP's track record of growth, industry partnerships, and environmental leadership positions it as a trusted and reliable player in the global LNG market.
Teekay LNG Partners LP primarily operates in various countries and regions across the globe. As a leading provider of marine transportation services, Teekay LNG Partners LP has a significant presence in key LNG (liquefied natural gas) markets worldwide. With a focus on long-term contracts, Teekay LNG Partners LP's operations encompass major regions such as North America, Europe, Asia-Pacific, and the Middle East. The company strategically positions its fleet in areas with strong demand for LNG shipping, ensuring efficient and reliable transportation for their customers. Teekay LNG Partners LP's global footprint enables it to serve a diverse range of customers and capitalize on emerging opportunities in the rapidly growing LNG industry.
Teekay LNG Partners LP represents strong values and a forward-thinking corporate philosophy. The company prioritizes safety, operational excellence, and environmental responsibility in all aspects of its business. By leveraging its extensive experience and industry-leading expertise, Teekay LNG Partners LP ensures the reliable and efficient transportation of liquefied natural gas (LNG) worldwide. With a commitment to innovation and long-term partnerships, the company strives to deliver superior service to its customers while creating value for its shareholders. Teekay LNG Partners LP's dedication to sustainability and adherence to the highest ethical standards make it a trusted leader in the LNG shipping industry.
Analysts currently set an average price target of 16.66 USD for the Teekay LNG Partners stock (median: 17.34 USD), implying -1.9 % versus the latest price. The consensus is based on 12 analyst ratings.
12 analysts currently rate the Teekay LNG Partners stock: 5 recommend buying, 7 holding and 0 selling.
Converted at the current exchange rate, the Teekay LNG Partners share trades at 15.15 EUR (16.98 USD).
The Teekay LNG Partners share (TGP) is listed on 1 stock exchanges, including: NYSE (TGP).
Teekay LNG Partners LP is a leading company in the shipping industry specializing in the transportation of liquefied natural gas (LNG). The company operates in several business areas including LNG transport, LNG storage, LNG shipping, and liquid gas transport. The company operates a fleet of modern LNG tankers equipped with advanced technology and meeting the highest safety standards. Teekay LNG Partners offers innovative transportation services to its customers worldwide to ensure smooth and cost-effective LNG energy supply. The main products offered by the company are LNG transportation services, LNG storage, and liquid gas transport. With its fleet of world-renowned LNG tankers and extensive LNG equipment, the company provides a wide range of options for the transportation of LNG and liquid gas. A particular strength of Teekay LNG Partners is the knowledge and experience of its executives and employees in managing LNG tankers. The company has an experienced team of captains and engineers to maintain its fleet and gain the trust of its customers and clients. In addition, the company also offers storage options for LNG to its customers. Teekay LNG Partners has its own storage containers in various sizes and capacities to facilitate LNG storage. The company's fleet of LNG tankers can also be used for temporary storage to quickly and effectively meet the demand for storage. Finally, Teekay LNG Partners provides liquid gas transport solutions to meet the needs of customers who need to transport liquid gas or other materials that can be transported using the tankers used by Teekay LNG Partners. In summary, Teekay LNG Partners LP is a leading company in the field of LNG and liquid gas transportation. The company offers a wide range of services including LNG transport, storage, and liquid gas transport. The company operates in several business areas and has an experienced leadership team and employees.
The revenue cannot currently be calculated for Teekay LNG Partners.
The profit cannot currently be calculated for Teekay LNG Partners.
The P/E ratio cannot be calculated for Teekay LNG Partners at the moment.
The P/S cannot be calculated for Teekay LNG Partners currently.
The Eulerpool Quality Score for Teekay LNG Partners is 4/10.
The ISIN of Teekay LNG Partners is MHY8564M1057. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Teekay LNG Partners is A0ET81. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Teekay LNG Partners is TGP. The ticker symbol is used to trade Teekay LNG Partners shares on the stock exchange.
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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.