|
|
Teekay (TK)This is an EDITABLE stock research wiki. You can contribute by clicking on the EDIT PAGE link above or on the page icons that appear when you roll over one of the category subtitles below. From 1Table of contents
Company Information:Company Address: Marlborough Street & Navy Lion Road 4th Floor P.O. Box SS-6293 Nassau,
Company’s Web Address: http://www.teekay.com
Industry Sector:
Fiscal Year: Dividend:
Note: this section is not editable.
Please click here to report any inaccuracies.
Company Overview:Note: this section is not editable.
Teekay Corporation (TK) is a leading provider of crude oil and petroleum product transportation services. The company provides these services to major oil companies, oil traders, and government agencies worldwide with its fleet of approximately 200 vessels, comprising medium-sized oil tankers and shuttle tankers. TK ships more than 10% of the world's sea-borne oil and transports the largest volume of petroleum products. The company generates revenue from three areas: spot voyages (vessels chartered on a dollars-per-day basis), time charters (vessels chartered for a fixed period), and contracts of affreightment (COAs, where cargo is carried over a specified trade route within a given time). COAs can be priced on a spot market basis or on a long-term fixed-rate basis. Net revenues in 2007 divided 47% offshore, 34% spot tanker, 10% fixed-rate tanker, and 9% liquefied gas. The company's offshore segment is comprised of shuttle tankers, floating storage and off-take (FSO) units, and floating production storage and offtake (FPSO) units. TK's fixed-rate tanker segment includes conventional tankers, which are operating on period out-charters with an initial term of three or more years. The liquefied gas segment includes liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carriers. The company's spot tanker segment includes conventional tankers, which are operating on voyage and period out-charters with an initial term of less than three years. The company's long-term credit ratings are below investment grade: Ba1 by Moody's and BB (reduced from BB+ in August 2008) by Standard and Poor's.
Valuation:Enter Valuation Analysis and Valuation Ratios Here
Projected Financials:Income Statement: (Paste Here) Balance Sheet: (Paste Here) Cash Flow Statement: (Paste Here) Financial Ratios: (Paste Here) Other: (Paste Here) News:
Tags:
none
The opinions and views expressed in this document do not necessarily reflect the views or opinions of InvestingMinds. InvestingMinds did not prepare and does not endorse such content. Please note that it is intended for general circulation only and the recommendations contained herein do not take into account the specific investment objectives, financial situation or particular needs of any particular person. This document is for information purposes only and it should not be regarded as an offer to sell or as a solicitation of an offer to buy securities or other instruments. No part of this document may be reproduced in any manner without the written permission of InvestingMinds.
|
||||||||||||||||||||||||||||||
|
|