Teekay (TK) Misses Q3 EPS by 9c
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Teekay Corporation Reports Third Quarter 2015 Results
November 5, 2015 1:31 AM ESTHAMILTON, BERMUDA -- (Marketwired) -- 11/05/15 -- Highlights
-- Third quarter 2015 total Teekay Parent free cash flow of $59.8 million, or $0.82 per share, up 21 percent from $49.5 million, or $0.68 per share, in the second quarter of 2015. -- Declared third quarter 2015 cash dividend of $0.55 per share. -- On July 1, 2015, completed the dropdown sale of the Knarr FPSO to Teekay Offshore for $1.26 billion resulting in a reduction in Teekay Parent's net debt by approximately $0.9 billion.Teekay Corporation (Teekay or the Company) (NYSE: TK) today reported financial and operating results for the third quarter of 2015. These results include the Company's... More
