Teekay LNG Partners (TGP) Misses Q2 EPS

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Teekay Corporation Reports Second Quarter 2021 Results

August 5, 2021 2:00 AM EDT

Highlights

GAAP net loss attributable to shareholders of Teekay of $1.8 million, or $0.02 per share, and adjusted net income attributable to shareholders of Teekay(1) of $30 thousand in the second quarter of 2021 (excluding items listed in Appendix A to this release).Total adjusted EBITDA(1) of $171.9 million in the second quarter of 2021.Teekay Parent reduced its asset retirement obligation (ARO) associated with the Banff FPSO by approximately $33 million in the second quarter of... More

Teekay LNG Partners Reports Second Quarter 2021 Results

August 5, 2021 2:00 AM EDT

Highlights

GAAP net income attributable to the partners and preferred unitholders of $53.3 million and GAAP net income per common unit of $0.53 in the second quarter of 2021.Adjusted net income(1) attributable to the partners and preferred unitholders of $57.0 million and adjusted net income per common unit of $0.57 in the second quarter of 2021 (excluding other items listed in Appendix A to this release).Total adjusted EBITDA(1) of $183.5 million in the second quarter of... More