Teekay LNG Partners (TGP US/) - Should Investors Throw Caution to the ...

Rebound in oil prices rubs off on gas shipping stocks: The recent run-up in the crude oil price has also led to a rally in the gas shipping stocks. To draw an analogy, the brent crude oil price increased 17% since the beginning of March and our gas shipping index climbed 10.4% during the same period. Teekay LNG Partners (TGP), which was impacted after the drastic cut in its dividend resulting in the stock plummeting from a high USD 18 to a mere USD 8 per share, also recovered sharply and was up ...