Recap: Teekay Group First Quarter 2018 Earnings Results
May 18, 2018
“With market leading positions, strong operating platforms and stronger financial foundations, we believe the Teekay Group is well-positioned to benefit from a broader energy market recovery.”
On May 17, Teekay Corporation and and its entities, Teekay LNG Partners, Teekay Offshore Partners and Teekay Tankers, released their Q1-2018 earnings results.
“Having focused on the execution and financing of our sizeable Teekay Group project portfolio over the past two years, we are now starting to see these projects deliver and generate cash flow,” commented Kenneth Hvid, Teekay’s President and Chief Executive Officer. “We believe that our LNG and offshore businesses are at a positive inflection point and we remain encouraged by the improving fundamentals in our tanker business as we approach 2019.”
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 Q1-2018 Earnings Results