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Blue Chip Growth

Stock Report: Teekay Corporation (TK) Report Updated: Apr 25, 2016 | Print This Page

Teekay Corporation© quotemedia

Company Profile

Teekay Corporation primarily provides crude oil and gas marine transportation services in Bermuda and internationally. Its Shuttle Tanker and FSO segment operates shuttle tankers, floating storage and off-take (FSO) units, floating accommodation units, and long-distance towing and offshore installation vessels. The company’s FPSO segment operates floating production, storage, and offloading (FPSO) units, as well as other vessels used to service its FPSO contracts. Its Liquefied Gas segment operates liquefied natural gas (LNG) and liquefied petroleum gas carriers. The company’s Conventional Tanker segment operates conventional crude oil and product tankers. As of April 02, 2015, its fleet comprised approximately 200 liquefied gas, offshore, and conventional tanker assets. The company serves energy and utility companies, oil traders, oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.