Teekay Corporation Ltd. Common Stock (TK)
Frequently Asked Questions About Teekay Corporation Ltd. Common Stock (TK)
How can customers contact Teekay for services?
Customers can contact Teekay for services through its official website, where they can find contact information for various departments and offices. The company provides dedicated support and responsiveness to meet client needs in the marine and logistics sectors.
How can investors obtain financial information about Teekay?
Investors can obtain financial information about Teekay through its official website, where the company publishes quarterly and annual reports, press releases, and SEC filings. Additionally, analysts and financial news outlets provide insights and coverage on Teekay's performance and market perceptions.
How does Teekay enhance operational efficiency?
Teekay enhances operational efficiency by using advanced technologies, investing in fleet modernization, and implementing best practices across its global operations. By optimizing its logistics and supply chain processes, the company aims to reduce costs and improve service delivery to its clients.
How does Teekay manage its risk?
Teekay manages risk through a comprehensive risk management framework that includes assessments of operational, financial, and market risks. The company regularly monitors its exposure to these risks and implements strategies to mitigate potential impacts on its business.
How does Teekay prioritize safety?
Teekay places a strong emphasis on safety and operational integrity, implementing robust safety management systems and protocols. The company invests in training and development for its crew and staff, ensuring that safety practices are adhered to at all levels of operation.
Is Teekay publicly traded?
Yes, Teekay Corporation is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol 'TK'. This allows investors to buy and sell shares of the company and participate in its financial growth.
What are Teekay's growth prospects?
Teekay's growth prospects are bolstered by the increasing global demand for energy transportation and storage solutions. The company's strategic focus on LNG and offshore production services positions it well to capitalize on emerging opportunities in the evolving energy market.
What does Teekay Corporation Ltd. do?
Teekay Corporation Ltd. is a leading provider of marine services and logistics to the oil and gas industry, specializing in the transportation and storage of liquefied natural gas (LNG), crude oil, and other petroleum products. The company operates a fleet of modern ships and offshore platforms, ensuring the efficient and safe delivery of energy resources worldwide.
What financial challenges has Teekay faced?
Like many companies in the energy sector, Teekay has faced financial challenges due to fluctuations in oil prices, changes in market demand, and economic conditions. However, the company continues to adapt its strategies and operations to navigate these challenges and maintain its business stability.
What industry challenges does Teekay face?
Teekay faces various industry challenges, including volatile oil prices, regulatory changes, and competition from other marine service providers. The company must remain agile and adaptive to navigate these challenges while continuing to deliver quality services to its clients.
What is Teekay's approach to environmental sustainability?
Teekay is committed to environmental sustainability and actively works to minimize its environmental footprint. The company complies with international regulations and implements practices to reduce emissions, enhance energy efficiency, and promote safe operations in marine environments.
What is Teekay's dividend policy?
Teekay has a policy of providing dividends to its shareholders, which reflects its commitment to returning value to investors. The company's ability to sustain dividend payments is dependent on its financial performance and market conditions, and dividends are reviewed regularly by the board of directors.
What markets does Teekay serve?
Teekay serves various markets within the energy sector, focusing on crude oil, LNG, and offshore production services. The company's operations span multiple regions, including North America, South America, Europe, Africa, and Asia.
What recent developments has Teekay announced?
Teekay frequently announces updates related to fleet expansions, new partnerships, and technological advancements. Keeping up with industry trends, the company also discusses initiatives related to sustainability and environmental compliance in its press releases and financial reports.
What strategic initiatives is Teekay pursuing?
Teekay is pursuing several strategic initiatives aimed at enhancing operational efficiency, expanding its service offerings, and optimizing its asset portfolio. The company is also focusing on technological advancements and innovation to stay competitive in the evolving energy landscape.
What types of vessels does Teekay operate?
Teekay operates a diverse fleet of vessels, including shuttle tankers, conventional oil tankers, regasification units, and LNG carriers. This variety allows Teekay to meet the different needs of its shipping and logistics clients across the oil and gas sector.
When was Teekay Corporation established?
Teekay Corporation was established in 1973, when it began its operations primarily in the shipping industry. Over the years, it has evolved and expanded its services to include a variety of marine transportation and logistics solutions designed to meet the needs of the energy sector.
Where is Teekay Corporation headquartered?
Teekay Corporation is headquartered in Vancouver, Canada. The company's strategic location allows it to effectively manage its global operations and provide services to clients in various regions around the world.
Who are Teekay's key clients?
Teekay's key clients include major oil and gas companies, national oil companies, and other energy sector players. The company's long-standing relationships with these clients are built on a foundation of trust and proven operational excellence in marine transportation.
What is the current price of Teekay Corporation Ltd. Common Stock?
The current price of Teekay Corporation Ltd. Common Stock is 5.850
When was Teekay Corporation Ltd. Common Stock last traded?
The last trade of Teekay Corporation Ltd. Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Teekay Corporation Ltd. Common Stock?
The market capitalization of Teekay Corporation Ltd. Common Stock is 593.36M
How many shares of Teekay Corporation Ltd. Common Stock are outstanding?
Teekay Corporation Ltd. Common Stock has 101.43M shares outstanding.