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Teekay Offshore Partners LP (TOO.N)

TOO.N on New York Stock Exchange

3.44USD
26 May 2017
Change (% chg)

$0.10 (+2.99%)
Prev Close
$3.34
Open
$3.33
Day's High
$3.46
Day's Low
$3.21
Volume
152,396
Avg. Vol
212,319
52-wk High
$6.69
52-wk Low
$3.20

Latest Key Developments (Source: Significant Developments)

Teekay offshore qtrly revenues $276.1 mln versus $274.9 mln
Thursday, 18 May 2017 12:53am EDT 

May 18 (Reuters) - Teekay Offshore Partners Lp :Teekay offshore partners reports first quarter 2017 results.Qtrly revenues $276.1 mn versus $274.9 million.Results for quarter continued to be impacted by non-payment of charter hire on arendal spirit ums.Were recently notified by petrobras of its termination of charter contract on arendal spirit ums unit.Disputing termination by petrobras and reviewing legal options.  Full Article

Teekay Corp says C. Sean Day will be stepping down as chairman of both Teekay and Teekay Offshore
Wednesday, 8 Mar 2017 06:59am EST 

Teekay Corp : Teekay Corp - C. Sean Day will be stepping down from his role as chairman of both Teekay and Teekay Offshore effective June 15, 2017 . Teekay Corp - Day will remain as a board member of both Teekay and Teekay Offshore . Teekay Corp - current Teekay director, William P. Utt, will replace Mr. Day as Teekay's chairman .Teekay Corp - Utt will also join and serve as chairman of Teekay Offshore board of directors, effective June 15, 2017.  Full Article

Teekay Offshore Partners posts Q4 adj. net income attributable to the partners and preferred unitholders of $8.5 million
Thursday, 23 Feb 2017 07:02am EST 

Teekay Offshore Partners Lp : Teekay Offshore Partners reports fourth quarter and annual 2016 results . Qtrly revenues $274.9 million versus $339.1 million . Teekay Offshore Partners LP - qtrly reported GAAP net income attributable to the partners and preferred unitholders of $92.0 million .Teekay Offshore Partners LP - qtrly adjusted net income attributable to the partners and preferred unitholders of $8.5 million.  Full Article

Teekay Offshore Partners files for shelf offering
Monday, 22 Aug 2016 06:11am EDT 

Teekay Offshore Partners LP: Teekay Offshore Partners files for shelf . Files for offer or resale of up to 4 million of its 10.5% series D cumulative convertible perpetual preferred units .Teekay Offshore Partners also files for offer and resale of 6.75 million of its common units issuable upon exercise of warrants held by the selling security holders.  Full Article

Teekay Offshore Partners says it may offer and sell common units of up to $100 mln
Thursday, 18 Aug 2016 04:14pm EDT 

Teekay Offshore Partners Lp :Says it may offer and sell common units of up to $100 million from time to time through the agent - SEC filing.  Full Article

Teekay Offshore Partners files to offer or resale of up to about 22 mln of its common units by the selling securityholders
Friday, 29 Jul 2016 05:06pm EDT 

Teekay Offshore Partners LP :Teekay Offshore Partners files to offer or resale of up to about 22 million of its common units by the selling securityholders.  Full Article

Teekay Offshore Partners announces $200 mln private placement of equity securities
Friday, 17 Jun 2016 06:50am EDT 

Teekay Offshore Partners Lp : O issue $100 million of 10.5% series d cumulative exchangeable perpetual preferred units to a group of investors . Investors will also receive approximately 4.5 million warrants with an exercise price equal to $4.55 per unit . Teekay offshore partners lp says partnership has also agreed to issue $100 million of common units priced at closing price of $4.55 per unit . Investors will also receive 2.25 million warrants with an exercise price at $6.05 per unit . Intends to use net proceeds for general partnership purposes, including funding of its existing newbuilding installments .Teekay offshore partners announces $200 million private placement of equity securities.  Full Article

Teekay Offshore Partners Provides Update to Financing Initiatives;on Track for Completion by End of June 2016
Wednesday, 15 Jun 2016 01:51pm EDT 

Teekay Offshore Partners LP: Teekay Offshore Partners Provides Update to Financing Initiatives; on Track for Completion by End of June 2016 . Approvals from bondholders to extend to late-2018 majority of principal maturity payments for two Norwegian Kroner senior unsecured bond .Financing initiatives,cash flow from operations expected to fully finance $1.6 billion of existing growth projects through 2018.  Full Article

Teekay Q1 revenue $641.1 million versus $545.8 million
Thursday, 19 May 2016 02:35am EDT 

Teekay Corp : Q1 revenue $641.1 million versus $545.8 million . Q1 earnings per share view $0.20, revenue view $605.6 million -- Thomson Reuters I/B/E/S . Teekay corporation reports first quarter 2016 results . Q1 adjusted loss per share $0.08 . Q1 gaap loss per share $0.67 .Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.  Full Article

Teekay Offshore Partners in advanced discussions on a new $200 million preferred equity issuance
Thursday, 19 May 2016 01:45am EDT 

Teekay Offshore Partners Lp : In advanced discussions with investors on a new $200 million preferred equity issuance . During Q1, partnership generated distributable cash flow of $62.0 million, compared to $60.6 million in same period of prior year . Teekay offshore partners reports first quarter 2016 results .Q1 revenue $288.4 million versus i/b/e/s view $306.8 million.  Full Article

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