Teekay Offshore Partners LP (NYSE:TOO)

2.76
Delayed Data
As of 4:02pm ET
 -0.01 / -0.36%
Today’s Change
1.65
Today|||52-Week Range
3.57
+16.95%
Year-to-Date
SECTOR
Transportation
INDUSTRY
Marine Shipping
MARKET CAP
$1.2B

Company Description

Teekay Offshore Partners LP engages in the provision of marine transportation, oil production and storage services to the offshore oil industry. It operates through the following segments: FPSO, Shuttle Tanker, FSO, UMS, and Towage. The FPSO segment involves in the offshore production facilities that are ship-shaped or cylindrical-shaped and store processed crude oil in tanks located in the hull of the vessel. The Shuttle Tanker offers ship designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries. The FSO segment provide on-site storage for oil field installations that have no storage facilities or that require supplemental storage. The UMS segment includes mintenance and safety used for offshore accommodation, storage and support for maintenance and modification projects on existing offshore installations. The Towage segment comprises of towing and offshore installation vessels used for the towage, station-keeping, installation and decommissioning of large floating objects such as exploration, production and storage units. The company was founded on August 31, 2006 and is headquartered in Hamilton, Bermuda.

Contact Information

Teekay Offshore Partners LP
Belvedere Building
Hamilton Hamilton HM 08
P:(441) 298-2530
Investor Relations:

Employees

Shareholders

Mutual fund holders9.54%
Other institutional14.59%
Individual stakeholders0.40%

Top Executives

Ingvild SætherPresident & Chief Executive Officer
David WongChief Financial Officer
Ryan J. HamiltonInvestor Relations Contact
Edith L. RobinsonSecretary
Donaldson DuncanGeneral Counsel