Teekay Offshore Announces Changes to its Board and Committees PEMBROKE, Bermuda, March 19, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced the following changes to the Board of Directors of the Partnership’s general partner, Teekay Offshore GP L.L.C. (TOO GP), effective March 18, 2020: Nelson Silva joined the TOO GP Board and was appointed as a member of its Audit and Conflicts Committees;Existing directors Jim Reid and Gregory Morrison were appointed as members of the TOO GP Board’s Corporate Governance Committee; andThe TOO GP Board...
Teekay Offshore Partners Announces Changes to its Preferred Unit Ticker Symbols PEMBROKE, Bermuda, March 02, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced that, in addition to changing its name to Altera Infrastructure L.P. effective March 24, 2020, its preferred units, which currently trade on the New York Stock Exchange (“NYSE”) under the ticker symbols “TOO PR A”, “TOO PR B” and “TOO PR E”, respectively, will, effective March 24, 2020, trade on NYSE under the new ticker symbols “ALIN PR A”, “ALIN PR B” and “ALIN PR E”. About Te...
Teekay Offshore Partners Reports Fourth Quarter and Annual 2019 Results Revenues of $312.1 million and a net loss of $285.5 million, or $(0.71) per common unit, in the fourth quarter of 2019Adjusted net income attributable to the partners and preferred unitholders(1) of $19.8 million, and adjusted net income attributable to the limited partners' interest of $0.03 per common unit (excluding items listed in Appendix B to this release) in the fourth quarter of 2019Adjusted EBITDA(1) of $167.1 million in the fourth quarter of 2019Net loss of $285.5 million was impacted by an impairment charge o...
Teekay Offshore Partners Announces Fourth Quarter 2019 Earnings Results Conference Call HAMILTON, Bermuda, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO PR A, TOO PR B and TOO PR E) plan to release their financial results for the Fourth Quarter of 2019 before market open on Thursday, February 6, 2020. All holders of Teekay Offshore securities and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing: DateTime (ET)Telephone Number (North America)Telephone Number (Interna...
Teekay Offshore Partners Announces Completion of Its Acquisition by Brookfield, Changes to Board of Directors and Plan to Rebrand as Altera Infrastructure HAMILTON, Bermuda, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced that, effective January 22, 2020, Brookfield Business Partners L.P., together with certain of its affiliates and institutional partners (collectively, the Brookfield Consortium), has completed its acquisition by merger (the Merger) of all of the outstanding publicly held and listed common units representing ...
Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units HAMILTON, Bermuda, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has declared the following distributions: UnitsDistribution PeriodAmount(Per Unit)Record DatePayment DateSeries A Preferred UnitsNovember 15, 2019 toFebruary 14, 2020$0.4531February 10, 2020February 18, 2020Series B Preferred UnitsNovember 15, 2019 toFebruary 14, 2020$0.5313February 10, 2020February 18, 2020Series EPreferred Un...
Teekay Offshore Announces Anticipated Closing Date for the Acquisition of its Publicly Held Common Units By Brookfield and Intention to Delist its Common Units HAMILTON, Bermuda, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) today announced that it has notified the New York Stock Exchange (NYSE) of the anticipated closing date of the previously-announced transactions contemplated by that certain Agreement and Plan of Merger, dated September 30, 2019 (the Merger Agreement), by and among the Partnership, Teekay Offshore GP L...
Teekay Offshore Partners Reports Third Quarter 2019 Results Revenues of $299.4 million and a net loss of $34.8 million, or $0.10 per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $4.7 million and an adjusted net loss attributable to the limited partners' interest of $0.01 per common unit (excluding items listed in Appendix B to this release)Adjusted EBITDA(1) of $157.7 millionEntered into an agreement and plan of merger with BrookfieldCompleted a number of financing and refinancing activities including the issuance of $125 million of senior unse...
Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units HAMILTON, Bermuda, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has declared the following distributions: UnitsDistribution PeriodAmount (Per Unit)Record DatePayment DateSeries A Preferred UnitsAugust 15, 2019 to November 14, 2019$0.4531November 8, 2019November 15, 2019Series B Preferred UnitsAugust 15, 2019 to November 14, 2019$0.5313November 8, 2019November 15, 2019Series E Preferred Unit...
Teekay Offshore Partners Announces Third Quarter 2019 Earnings Results Conference Call HAMILTON, Bermuda, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plan to release their financial results for the Third Quarter of 2019 before market open on Thursday, November 07, 2019. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing: DateTime (ET)Telephone Number (North America)Telephone Number (International)Conference Code November 7, 201912:00 p.m.1-800-367-24...
Market remains in purgatory Purgatory is a reference we have used to describe the state of the market numerous times throughout 2019, and we believe this remains the case. Technical signals continue to suggest that while there are little-to-no signs for us to expect impending doom (economic data notwithstanding), there is also little to suggest an imminent broad market rally. Until these signals begin leading us one way or the other, our neutral outlook remains appropriate. • Small-caps, Tra...
Teekay Offshore to Present at DNB Nordic High-Yield Bond Conference HAMILTON, Bermuda, Oct. 10, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) will present at DNB’s Nordic High-Yield Bond Conference on October 10 2019. Please find a copy of the presentation that Teekay Offshore’s CFO Jan Rune Steinsland will present in the link below. About Teekay Offshore Teekay Offshore Partners L.P. is a leading international midstream services provider to the offshore oil production industry, primarily focused on the ownership and operation o...
The independent financial analyst theScreener just changed two ratings for the qualification of TEEKAY OFFSHORE PTNS.LP (US), active in the Marine Transportation industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 2 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date October 1, 201...
Teekay Offshore Partners Announces Agreement for the Acquisition of Its Publicly Held Common Units by Brookfield HAMILTON, Bermuda, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) today announced that it has entered into an agreement and plan of merger (the Merger Agreement) with Brookfield Business Partners L.P., and certain of its affiliates and institutional partners (collectively, the Brookfield Consortium). Pursuant to the Merger Agreement, the Brookfield Consortium will acquire by merger all of the outstanding publicly ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Teekay Offshore Partners L.P. Global Credit Research- 16 Sep 2019. Toronto, September 16, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Teekay Offshore Partners L.P. and other ratings that are associated with the same analytical unit.
Teekay Offshore Partners Reports Second Quarter 2019 Results Revenues of $319.8 million and net loss of $28.0 million, or ($0.09) per common unitAdjusted net income attributable to the partners and preferred unitholders(1) of $4.7 million and an adjusted net loss attributable to the limited partners' interest of ($0.01) per common unit (excluding items listed in Appendix B to this release)Adjusted EBITDA(1) of $158.9 millionIn May 2019, completed a $450 million refinancing of a long-term debt facility secured by 16 shuttle tankersIn May 2019, received an unsolicited non-binding proposal fro...
Teekay Offshore Partners Declares Distributions on Series A, B and E Preferred Units HAMILTON, Bermuda, July 25, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO), has declared the following distributions: UnitsDistribution PeriodAmount (Per Unit)Record DatePayment DateSeries A Preferred UnitsMay 15, 2019 to August 14, 2019$0.4531August 8, 2019August 15, 2019Series B Preferred UnitsMay 15, 2019 to August 14, 2019$0.5313August 8, 2019August 15, 2019Series EPreferred UnitsMay 15, 2019 to Au...
Teekay Offshore Partners Announces Second Quarter 2019 Earnings Results Conference Call HAMILTON, Bermuda, July 24, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plan to release their financial results for the Second Quarter of 2019 before market open on Wednesday, July 31, 2019. All unitholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing: DateTime (ET)Telephone Number (North America)Telephone Number (International)Conference CodeJuly 31, 201912:00 p.m.1-800-367-24031-64...
Teekay Offshore Partners Announces Changes to Board of Directors HAMILTON, Bermuda, July 08, 2019 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today the following change to the Board of Directors of Teekay Offshore GP LLC (TOO GP), the general partner of the Partnership: Brookfield Business Partners L.P. (Brookfield Business Partners) (NYSE:BBU) (TSX:BBU.UN), together with its institutional partners (collectively Brookfield), appointed Gregory Morrison as a member of the TOO GP Board of Directors, replacing Walter Weathers, w...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.