BUSINESS

Teekay’s New Videos Talk Structure, Strategy

06/19/2012


Members of Teekay's senior management team presented at Teekay’s 2012 Investor Day in NYC. Along with the strategies, market outlooks and financial positions of Teekay and its daughter companies, a new suite of corporate videos was also launched.

Parent, Teekay Corporation (NYSE: TK), with a market capitalization of about $1.8bn, is an essential marine link bringing energy to the world and offers access to a diversified marine energy portfolio. Watch the video above.

The original Teekay franchise, daughter Teekay Tankers Ltd. (NYSE: TNK), brings crude oil and refined product where it’s needed, anywhere in the world. Valued at approximately $344m, Teekay Tankers provides a pure play option. Learn more in the video.

Daughter, Teekay Offshore Partners L.P. (NYSE: TOO), with a worth of about $1.9bn, plays an integral role in the global offshore value chain. View the video about this market leader with oceans of opportunities.

With a market worth of approximately $2.2bn, long-term fixed rate contracts, and steady growth, daughter Teekay LNG Partners L.P. (NYSE: TGP), offers a stable partnership in the golden age of gas. Find out more in the video.

Following Teekay’s Investor Day presentation, members of the team will attend several industry events including the Morgan Stanley Shipping Conference and the Marine Money Conference.


Teekay Group

NYSE: TGP

Teekay LNG Partners L.P. generates stable cash flows from long-term fixed-rate contracts with strong counterparties. LNG demand is expected to grow by 50% by 2030

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NYSE: TOO

Teekay Offshore Partners L.P. generates stable cash flows from fixed-rate contracts and is the world’s largest owner and operator of shuttle contracts

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NYSE: TNK

Teekay Tankers Ltd. has a balanced chartering strategy of fixed-rate and spot market contracts that can pay a dividend in virtually any spot tanker market

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NYSE: TK

Teekay Corporation is financially strong with a unique business platform and leading positions in promising midstream marine growth sectors

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Contact

media@teekay.com
Tel: +1 (604) 844 6631

NYSE: TGP 42.55 -0.20 -0.47% Volume: 156,225 June 19, 2013

TOO stock

NYSE: TOO 32.96 -0.05 -0.15% Volume: 444,144 June 19, 2013

TNK Stock

NYSE: TNK 2.75 -0.04 -1.43% Volume: 191,494 June 19, 2013

TK Stock

NYSE: TK 40.41 -0.82 -1.99% Volume: 394,536 June 19, 2013