Teekay Group Announces Second Quarter 2020 Earnings Results Conference Calls

Rhea-AI Summary

Teekay Corporation (NYSE: TK) will release its second quarter 2020 financial results on August 13, 2020, before market open. Shareholders and interested parties can join live conference calls for Teekay, Teekay Tankers (NYSE: TNK), and Teekay LNG (NYSE: TGP) throughout the day. Presentations accompanying the earnings will be available on Teekay's website. Teekay provides international marine transportation services and manages approximately $10 billion in assets, employing around 5,500 staff globally.

Positive

• Teekay manages approximately $10 billion in assets.
• Teekay operates a fleet of 140 liquefied gas and conventional tanker assets.

Negative

• None.

HAMILTON, Bermuda, Aug. 04, 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 second quarter 2020 before market open on Thursday, August 13, 2020.

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

•  By dialing:

Entity	Date	Time (ET)	Telephone Number (North America)	Telephone Number (International)	Conference Code
Teekay	August 13, 2020	11:00 a.m.	1 800 367 2403	1 647 490 5367	2738323
Teekay Tankers	August 13, 2020	12:00 p.m.	1 800 437 2398	1 647 792 1240	1825962
Teekay LNG	August 13, 2020	1:00 p.m.	1 800 367 2403	1 647 490 5367	9339565

• 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 Second 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 $10 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 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

When will Teekay release its Q2 2020 earnings?

Teekay will release its Q2 2020 earnings on August 13, 2020.

What time are the Teekay conference calls scheduled?

Teekay's conference call is scheduled for 11:00 a.m. ET on August 13, 2020.

Where can I access Teekay's earnings presentations?

Earnings presentations will be available on Teekay's website before the conference calls.