Teekay Group Announces Third Quarter 2020 Earnings Results Conference Calls

Rhea-AI Summary

Teekay Corporation (NYSE:TK), along with its subsidiaries Teekay LNG Partners L.P. (NYSE:TGP) and Teekay Tankers Ltd. (NYSE:TNK), will announce their third-quarter 2020 financial results on November 12, 2020, before market opening. Shareholders can participate in live conference calls or access webcasts via Teekay's website. Teekay is a leading marine transportation services provider, managing assets worth approximately $10 billion across 140 vessels. The company aims to provide comprehensive maritime services to top oil and gas firms globally.

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• Teekay manages assets worth approximately $10 billion.
• The company operates around 140 liquefied gas and conventional tanker assets.

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• None.

HAMILTON, Bermuda, Nov. 03, 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 third quarter of 2020 before market open on Thursday, November 12, 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	November 12, 2020	11:00 a.m.	1 800 367 2403	1 647 490 5367	9588810
Teekay Tankers	November 12, 2020	12:00 p.m.	1 800 367 2403	1 647 490 5367	9018310
Teekay LNG	November 12, 2020	1:00 p.m.	1 800 367 2403	1 647 490 5367	6710573

• 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 Third Quarter of 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, offshore, and conventional tanker 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 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 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’s 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 that performs full service lightering and lightering support operations in the U.S. Gulf and Caribbean. 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 Corporation release its Q3 2020 earnings?

Teekay Corporation will release its Q3 2020 earnings on November 12, 2020.

How can I listen to Teekay Corporation's earnings call?

You can listen to Teekay Corporation's earnings call by dialing the provided numbers or accessing the webcast on their website.

What is the stock symbol for Teekay Corporation?

The stock symbol for Teekay Corporation is TK.

What are Teekay's primary services?

Teekay provides international crude oil and gas marine transportation services.