Teekay (TK) Tops Q2 EPS by 7c
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Teekay LNG Partners Reports Second Quarter 2016 Results
August 4, 2016 1:29 AM EDTHAMLITON, BERMUDA -- (Marketwired) -- 08/04/16 -- Highlights
-- Reported GAAP net income attributable to the partners of $43.1 million and adjusted net income attributable to the partners of $53.8 million (excluding items listed in Appendix A to this release) in the second quarter of 2016. -- Generated distributable cash flow of $76.1 million, or $0.95 per common unit, in the second quarter of 2016. -- In June 2016, the Exmar LPG joint venture took delivery of the seventh of its 12 mid-size LPG carrier newbuildings, which will commence a five- year charter with Statoil in August 2016. -- On August 1, 2016, the Partnership's second MEGI LNG carrier newbuilding,... MoreTeekay Corporation Reports Second Quarter 2016 Results
August 4, 2016 1:28 AM EDTHAMILTON, BERMUDA -- (Marketwired) -- 08/04/16 -- Teekay Corporation (Teekay or the Company) (NYSE: TK) today reported the Company's results for the quarter ended June 30, 2016. These results include the Company's three publicly-listed subsidiaries (Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE: TOO), Teekay LNG Partners L.P. (Teekay LNG) (NYSE: TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE: TNK)) (collectively, the Daughter Entities), all of which are consolidated in the Company's financial statements, and all remaining subsidiaries of the Company, which are referred to in this release as Teekay Parent.... More
