Teekay Offshore Partners LP (NYSE:TOO)

29.80
Data as of 4:01pm ET
 -0.31 / -1.03%
Today’s Change
24.84
Today|||52-Week Range
37.46
-9.94%
Year-to-Date
SECTOR
Transportation
INDUSTRY
Marine Shipping
MARKET CAP
$2.6B

Company Description

Teekay Offshore Partners LP provides marine transportation, oil production and storage services to the offshore oil industry. It owns interests in shuttle tankers, floating production, storage and offloading units, floating storage and offtake units and conventional oil tankers. The company operates through four segments: Shuttle Tanker, Floating Production, Storage and Offloading, Conventional Tanker, and Floating Storage and Offtake. The Shuttle Tanker segment consists of shuttle tankers operating primarily on fixed-rate contracts of affreightment, time-charter contracts or bareboat charter contracts. The Floating Production, Storage and Offloading segment consists of its FPSO units subject to operations and charter contracts. The Conventional Tanker segment consists of conventional tankers operating on fixed-rate, time-charter contracts or bareboat charter contracts. The Floating Storage and Offtake segment consists of its FSO units subject to fixed-rate, time-charter contracts or bareboat charter contracts. Teekay Offshore GP L.L.C. serves as the general partner of the company. Teekay Offshore Partners 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:
(604) 609-6442

Employees

Shareholders

Other institutional35.01%
Mutual fund holders25.32%
Individual stakeholders1.90%

Top Executives

Peter EvensenDirector, Chief Executive & Financial Officer
Kent AleksonHead-Investor Relations
Ryan J. HamiltonInvestor Relations Contact
Mark CaveSecretary

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