Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. More Details
Very undervalued with proven track record.
Share Price & News
How has Teekay LNG Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TGP's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: TGP underperformed the US Oil and Gas industry which returned 48.2% over the past year.
Return vs Market: TGP underperformed the US Market which returned 50.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Teekay LNG Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StCan Teekay LNG Partners LP (NYSE:TGP) Improve Your Portfolio Returns?
2 years ago | Simply Wall StIs Teekay LNG Partners LP (NYSE:TGP) A Smart Choice For Dividend Investors?
2 years ago | Simply Wall StWhy Teekay LNG Partners LP. (NYSE:TGP) Could Be A Buy
Is Teekay LNG Partners undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGP ($15.23) is trading below our estimate of fair value ($34.3)
Significantly Below Fair Value: TGP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGP is good value based on its PE Ratio (7.3x) compared to the US Oil and Gas industry average (15.5x).
PE vs Market: TGP is good value based on its PE Ratio (7.3x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: TGP is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: TGP is good value based on its PB Ratio (0.9x) compared to the US Oil and Gas industry average (1.6x).
How is Teekay LNG Partners forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGP's forecast earnings growth (13.7% per year) is above the savings rate (2%).
Earnings vs Market: TGP's earnings (13.7% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: TGP's earnings are forecast to grow, but not significantly.
Revenue vs Market: TGP's revenue is expected to decline over the next 3 years (-4.3% per year).
High Growth Revenue: TGP's revenue is forecast to decline over the next 3 years (-4.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TGP's Return on Equity is forecast to be high in 3 years time
How has Teekay LNG Partners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGP has high quality earnings.
Growing Profit Margin: TGP's current net profit margins (29.6%) are higher than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: TGP's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: TGP's earnings growth over the past year (152%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: TGP earnings growth over the past year (152%) exceeded the Oil and Gas industry -41.2%.
Return on Equity
High ROE: TGP's Return on Equity (11.8%) is considered low.
How is Teekay LNG Partners's financial position?
Financial Position Analysis
Short Term Liabilities: TGP's short term assets ($230.1M) do not cover its short term liabilities ($571.6M).
Long Term Liabilities: TGP's short term assets ($230.1M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: TGP's debt to equity ratio (77.9%) is considered high.
Reducing Debt: TGP's debt to equity ratio has reduced from 150.1% to 77.9% over the past 5 years.
Debt Coverage: TGP's debt is well covered by operating cash flow (21.7%).
Interest Coverage: TGP's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Teekay LNG Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGP's dividend (7.55%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: TGP's dividend (7.55%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: TGP's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), TGP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Kremin (49 yo)
Mr. Mark J. Kremin has been the Chief Executive Officer and President of Teekay Gas Group Ltd and Teekkay Gp Llc since February 2017. Mr. Kremin has been the President and CEO of Teekay Gas Group Ltd. at T...
Experienced Management: TGP's management team is considered experienced (2.9 years average tenure).
Experienced Board: TGP's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Teekay LNG Partners L.P.'s company bio, employee growth, exchange listings and data sources
- Name: Teekay LNG Partners L.P.
- Ticker: TGP
- Exchange: NYSE
- Founded: 2004
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$1.324b
- Shares outstanding: 86.96m
- Website: https://www.teekay.com
Number of Employees
- Teekay LNG Partners L.P.
- Belvedere Building
- 4th Floor
- HM 08
Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. It operates in two segments, LNG and LPG. The company t...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 22:15|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.