Teekay Offshore Partners LP (NYSE:TOO) to Issue $0.01 Quarterly Dividend

About 40,142 shares traded. Teekay LNG Partners L.P. (NYSE:TGP) has risen 9.88% since February 12, 2017 and is uptrending. It was reported on Feb, 13 by Barchart.com.

PEYTO EXPLORATION & DEVEL (OTCMKTS:PEYUF) had an increase of 9.76% in short interest. Advisory Rech reported 8.95 million shares. With 88,900 avg volume, 94 days are for PEYTO EXPLORATION & DEVEL (OTCMKTS:PEYUF)'s short sellers to cover PEYUF's short positions.

The stock decreased 2.61% or $0.54 during the last trading session, reaching $20.16. About 516,349 shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 14, 2017 and is uptrending. It has underperformed by 1.84% the S&P500.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.11, from 1.04 in 2017Q2. Equities analysts expect Teekay Offshore Partners to earn $0.37 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 10.8%. 31 funds opened positions while 59 raised stakes. Kbc Grp Inc Nv stated it has 96,221 shares. Raymond James Financial Service Advsrs invested in 368,728 shares or 0.01% of the stock. Teekay Offshore Partners LP (NYSE:TOO)'s price to earnings ratio stood at 0. After $0.23 actual earnings per share reported by Teekay LNG Partners L.P. for the previous quarter, Wall Street now forecasts 30.43 % EPS growth. Forward Management holds 0.01% or 2,515 shares. 75,854 were reported by Virtu Ltd Liability Corporation. Exane Derivatives has invested 0% in Teekay Offshore Partners L.P. (NYSE:TOO). It improved, as 9 investors sold Teekay Offshore Partners L.P. shares while 21 reduced holdings. Investment Centers of America Inc. now owns 23,801 shares of the shipping company's stock worth $420,000 after buying an additional 504 shares during the last quarter. (NYSE:GEF). Price T Rowe Assoc Incorporated Md reported 18,167 shares or 0% of all its holdings. (NASDAQ:APOG). California State Teachers Retirement stated it has 45,346 shares or 0% of all its holdings. Federated Invsts Inc Pa invested 0% of its portfolio in Unit Corporation (NYSE:UNT).

Teekay Offshore Partners L.P. provides marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the energy and oil service companies in the North Sea, Brazil, and the East Coast of Canada. Icon Advisers Inc sold 210,699 shares as the company's stock declined 14.75% while stock markets rallied. The Company operates shuttle tankers; towage vessels; floating, production, storage and off-loading (FPSO) units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers. It now has negative earnings. The analyst recommendations from a month ago are 4 Buy, 0 Overweight, 0 Sell, 3 Hold and 0 Underweight. Therefore 93% are positive. Greif had 37 analyst reports since August 11, 2015 according to SRatingsIntel. The stock increased 4.09% or $0.75 during the last trading session, reaching $19.1. The firm has "Underperform" rating by Bank of America given on Thursday, December 17. Stifel Nicolaus maintained Teekay LNG Partners L.P. (NYSE:TGP) rating on Thursday, September 7. Wells Fargo upgraded the stock to "Outperform" rating in Thursday, September 14 report. The firm has "Buy" rating given on Wednesday, November 15 by UBS. The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, July 6. On Thursday, November 5 the stock rating was maintained by Stifel Nicolaus with "Buy". On Wednesday, August 23 the stock rating was upgraded by KLR Group to "Buy". The rating was maintained by KeyBanc Capital Markets on Friday, December 8 with "Sell". Finally, Zacks Investment Research downgraded Teekay LNG Partners from a "hold" rating to a "strong sell" rating in a research note on Tuesday, November 14th.

Analysts are expecting average earnings estimates of $0.06 for the current quarter based on the opinion of 4 analysts, relating to high earnings per share estimates of $0.11 and low estimates of $-0.01, however Teekay Offshore Partners LP (NYSE:TOO) reported $0.05 earnings per share for the same quarter past year. TOO's profit will be $42.10 million for 6.20 P/E if the $0.10 EPS becomes a reality.

Latest News