Teekay Group Announces First Quarter 2020 Earnings Results Conference Calls

Rhea-AI Summary

Teekay Corporation (NYSE: TK) announced it will release its Q1 2020 financial results on May 21, 2020, prior to market opening. The release will be accompanied by conference calls for Teekay, Teekay Tankers Ltd. (NYSE: TNK), and Teekay LNG Partners L.P. (NYSE: TGP) at scheduled times. Shareholders and interested parties can access these calls via phone or webcasts on Teekay's website, where earnings presentations will also be available. Teekay is recognized for its substantial role in the crude oil and gas marine transportation sectors, managing assets worth approximately $11 billion.

Positive

• Scheduled release of Q1 2020 financial results
• Opportunity for shareholders to engage in conference calls

Negative

• None.

HAMILTON, Bermuda, May 06, 2020 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP), and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the first quarter 2020 before market open on Thursday, May 21, 2020.

All shareholders, unitholders and interested parties are invited to listen to the live conference calls by choosing from the following options:

• By dialing:

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15%; width:15%; min-width:15%;">Entity	15%; width:15%; min-width:15%;">Date	15%; width:15%; min-width:15%;">Time (ET)	20%; width:20%; min-width:20%;">Telephone Number (North America)	20%; width:20%; min-width:20%;">Telephone Number (International)	15%; width:15%; min-width:15%;">Conference Code
Teekay	May 21, 2020	11:00 a.m.	1 888 254 3590	1 647 794 4605	9177823
Teekay Tankers	May 21, 2020	12:00 p.m.	1 800 239 9838	1 647 484 0478	4141060
Teekay LNG	May 21, 2020	1:00 p.m.	1 800 458 4148	1 647 484 0477	8587512

• By accessing the webcasts, which will be available on Teekay's website at www.teekay.com at the times noted above (the archives will remain on the website for a period of one year).

Accompanying First Quarter 2020 Earnings Presentations will also be available at www.teekay.com in advance of the conference call start times.

About Teekay

Teekay is a leading provider of international crude oil and gas marine transportation services and also provides offshore production. Teekay provides these services primarily through its directly-owned fleet and its controlling ownership interests in Teekay LNG Partners L.P. (NYSE:TGP), one of the world’s largest independent owners and operators of LNG carriers, and Teekay Tankers Ltd. (NYSE:TNK), one of the world’s largest owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate total assets under management of approximately $11 billion, comprised of approximately 140 liquefied gas, conventional tanker, and offshore assets. With offices in 10 countries and approximately 5,500 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading oil and gas companies.

Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.

About Teekay LNG

Teekay LNG Partners is one of the world’s largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size LPG carriers, and seven multi-gas carriers. Teekay LNG’s ownership interests in these vessels range from 20 to 100 percent. In addition, Teekay LNG owns a 30 percent interest in a regasification terminal. Teekay LNG Partners is a publicly-traded master limited partnership formed by Teekay Corporation (NYSE: TK) as part of its strategy to expand its operations in the LNG and LPG shipping sectors.

Teekay LNG Partners’ common units and preferred units trade on the New York Stock Exchange under the symbols “TGP”, “TGP PR A” and “TGP PR B”, respectively.

About Teekay Tankers

Teekay Tankers currently has a fleet of 52 double-hull tankers (including 26 Suezmax tankers, 17 Aframax tankers and nine LR2 product tankers), and two ship-to-ship support vessels, and also has four time chartered-in tankers. Teekay Tankers’ vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business.

Teekay Tankers’ Class A common stock trades on the New York Stock Exchange under the symbol “TNK.”

For Investor Relations
enquiries contact:

Ryan Hamilton
Tel:  +1 (604) 609-2963
Website:  www.teekay.com

FAQ

What is the date for Teekay's Q1 2020 financial results release?

Teekay's Q1 2020 financial results will be released on May 21, 2020.

What time are Teekay's conference calls scheduled for May 21, 2020?

Teekay's conference call is set for 11:00 a.m. ET.

How can I access Teekay's Q1 2020 earnings presentations?

Teekay's Q1 2020 earnings presentations will be available on their website before the conference call.

What is Teekay's stock symbol?

Teekay's common stock trades under the symbol 'TK' on the New York Stock Exchange.