February 22, 2018
“We have taken great strides over the past couple of years raising liquidity and executing on our financial and operational goals and we are now well-positioned to increase the value of our companies.”
On February 22, Teekay Corporation and and its entities, Teekay LNG Partners, Teekay Offshore Partners and Teekay Tankers, released their fourth quarter and fiscal year 2017 earnings results.
“We believe that we are at an inflection point and our key drivers are aligned; each of our companies has and will continue to strengthen financially, the energy markets are providing tailwinds for our businesses and our cash flows are growing, noting that the majority have not yet been reflected in our financial results,” commented Kenneth Hvid, Teekay’s President and Chief Executive Officer. “As these factors continue to strengthen in unison, the intrinsic value of our companies, including Teekay, should increase.”
Below you can find each entity’s highlights and financial presentations. For detailed information, visit our Investor pages: $TK, $TGP,$TOO, $TNK.
Teekay Group’s Fourth Quarter and Fiscal Year 2017 Earnings Results