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Also traded in: Germany, Mexico

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.09
TK's Cash-to-Debt is ranked lower than
81% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.34 vs. TK: 0.09 )
Ranked among companies with meaningful Cash-to-Debt only.
TK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.13 Max: 0.25
Current: 0.09
0.02
0.25
Equity-to-Asset 0.10
TK's Equity-to-Asset is ranked lower than
97% of the 72 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.47 vs. TK: 0.10 )
Ranked among companies with meaningful Equity-to-Asset only.
TK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07  Med: 0.3 Max: 0.57
Current: 0.1
0.07
0.57
Debt-to-Equity 6.17
TK's Debt-to-Equity is ranked lower than
100% of the 64 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.48 vs. TK: 6.17 )
Ranked among companies with meaningful Debt-to-Equity only.
TK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67  Med: 2.03 Max: 8.11
Current: 6.17
0.67
8.11
Debt-to-EBITDA 10.06
TK's Debt-to-EBITDA is ranked lower than
93% of the 58 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.75 vs. TK: 10.06 )
Ranked among companies with meaningful Debt-to-EBITDA only.
TK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.54  Med: 10.23 Max: 33.15
Current: 10.06
6.54
33.15
Interest Coverage 0.87
TK's Interest Coverage is ranked lower than
100% of the 64 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 11.49 vs. TK: 0.87 )
Ranked among companies with meaningful Interest Coverage only.
TK' s Interest Coverage Range Over the Past 10 Years
Min: 0.87  Med: 1.74 Max: 2.93
Current: 0.87
0.87
2.93
Piotroski F-Score: 5
Altman Z-Score: 0.36
Beneish M-Score: -3.49
WACC vs ROIC
6.88%
5.23%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % 13.00
TK's Operating Margin % is ranked lower than
81% of the 73 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 6.78 vs. TK: 13.00 )
Ranked among companies with meaningful Operating Margin % only.
TK' s Operating Margin % Range Over the Past 10 Years
Min: 8.48  Med: 14.76 Max: 28.95
Current: 13
8.48
28.95
Net Margin % -4.64
TK's Net Margin % is ranked lower than
86% of the 73 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 4.88 vs. TK: -4.64 )
Ranked among companies with meaningful Net Margin % only.
TK' s Net Margin % Range Over the Past 10 Years
Min: -18.88  Med: -5.78 Max: 5.91
Current: -4.64
-18.88
5.91
ROE % -9.50
TK's ROE % is ranked lower than
86% of the 72 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 7.42 vs. TK: -9.50 )
Ranked among companies with meaningful ROE % only.
TK' s ROE % Range Over the Past 10 Years
Min: -21.65  Med: -10.83 Max: 8.14
Current: -9.5
-21.65
8.14
ROA % -0.96
TK's ROA % is ranked lower than
78% of the 74 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.58 vs. TK: -0.96 )
Ranked among companies with meaningful ROA % only.
TK' s ROA % Range Over the Past 10 Years
Min: -3.51  Med: -0.99 Max: 1.3
Current: -0.96
-3.51
1.3
ROC (Joel Greenblatt) % 4.10
TK's ROC (Joel Greenblatt) % is ranked lower than
80% of the 74 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 9.44 vs. TK: 4.10 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
TK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.46  Med: 3.5 Max: 7.22
Current: 4.1
-3.46
7.22
3-Year Revenue Growth Rate -20.00
TK's 3-Year Revenue Growth Rate is ranked higher than
56% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -9.90 vs. TK: -20.00 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
TK' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -20  Med: 5.8 Max: 34
Current: -20
-20
34
3-Year EBITDA Growth Rate -31.80
TK's 3-Year EBITDA Growth Rate is ranked lower than
97% of the 62 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.90 vs. TK: -31.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
TK' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -40.4  Med: 9.7 Max: 59.5
Current: -31.8
-40.4
59.5
GuruFocus has detected 3 Warning Signs with Teekay Corp TK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» TK's 30-Y Financials

Financials (Next Earnings Date: 2019-05-17)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2018

TK Guru Trades in Q1 2018

Jim Simons 68,200 sh (New)
Paul Tudor Jones 34,558 sh (+31.36%)
Francisco Garcia Parames 6,875,035 sh (+19.73%)
Pioneer Investments 6,000 sh (unchged)
» More
Q2 2018

TK Guru Trades in Q2 2018

Francisco Garcia Parames 7,327,254 sh (+6.58%)
Jim Simons 572,400 sh (+739.30%)
Pioneer Investments 6,000 sh (unchged)
Paul Tudor Jones Sold Out
» More
Q3 2018

TK Guru Trades in Q3 2018

Paul Tudor Jones 13,058 sh (New)
Francisco Garcia Parames 7,349,068 sh (+0.30%)
Jim Simons 866,900 sh (+51.45%)
Pioneer Investments 6,000 sh (unchged)
» More
Q4 2018

TK Guru Trades in Q4 2018

Francisco Garcia Parames 7,394,458 sh (+0.62%)
Jim Simons 973,200 sh (+12.26%)
Pioneer Investments 11,000 sh (+83.33%)
Paul Tudor Jones Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with TK

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

Guru Date Action
Impact Price Range
(Average)*
Change from Average Comment Current Shares
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Business Description

Industry: Oil & Gas - Integrated » Oil & Gas Integrated    NAICS: 213112    SIC: 1389
Compare:SHSE:603003, CAI:EKHO, XTER:CE2, SHSE:600248, PHS:PNX, KAR:MARI, KAR:NRL, NAS:TUSK, KUW:IPG, TSE:9535, TSX:CONA, AMEX:AE, OSL:AVANCE, HKSE:00346, HKSE:01251, STC:PGD, MIC:YAKG, XKLS:7250, NYSE:ANW, LSE:ECHO » details
Traded in other countries:TCD.Germany, TKN.Mexico,
Headquarter Location:Bermuda
Teekay Corp is a provider of crude oil and gas marine transportation services. It also offers offshore oil production, storage and offloading services, mainly under long-term, fixed-rate contracts.

Teekay Corp is a US based company engaged in providing crude oil and gas marine transportation services. In addition, it also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has four primary lines of business: offshore logistics (shuttle tankers, the HiLoad DP unit, FSO units, UMS and long-distance towing and offshore installation vessels), offshore production (FPSO units), liquefied gas carriers (LNG and LPG carriers) and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.

Guru Investment Theses on Teekay Corp

Francisco Garcia Parames Comments on Teekay - Feb 19, 2019

Teekay. The fourth quarter featured an improvement in Teekay LNG (NYSE:TK), earlier than expected in the company's plans, mostly thanks to improvement in the LNG (lique-fied natural gas) shipping market. A series of vessels with short-term contracts have arranged long-term contracts at attractive rates, while four new ships being built were delivered ahead of schedule. Thanks to the company's strong performance, it announced a plan to reduce debt and raise the dividend, now that the growth plan that required cutting back on the dividend a few years ago has ended. Interestingly, the company's share price has fallen, as it would seem the market expected an even greater increase in dividends. This has meant that the company has announced a buyback programme worth $100 million (10% of its market cap) to make the most of this opportunity. Needless to say, this appears the most sensible option for a company with a market capitaliza-tion of $1 billion and forecast net profit of approximately $200 million. In the case of Teekay Corp, its share price fell by 50% in the fourth quarter, reflecting a stress scena-rio in which the fall in crude oil prices, not to mention the impact of several of the company's assets, could compro-mise its ability to refinance its debt in January 2020. We believe that this risk is mitigated by the value of Teekay Corp shares in its various holdings; on our estimates, 80% of the company's value derives from its stake in Teekay LNG, where, as we have seen, investment rationale is solid.

From Francisco Garcia Parames (Trades, Portfolio)' fourth-quarter 2018 shareholder letter.

Check out Francisco Garcia Parames latest stock trades

Cobas Asset Management Comments on Teekay - Nov 09, 2018

Teekay (NYSE:TK). The Teekay Group, by means of Teekay LNG and the parent company, Teekay Corp, is one of our most significant investments. This investment has a low cor-relation with the behaviour of the market as it depends on specific actions of the Group. The reasons that made it share price dropped (a cut in dividend to finance its ambi-tious growth plan) will shortly be the reasons for the market to again appreciate its qualities. Teekay LNG is the main source of potential for them both and has per-fectly implemented its growth plan, which involves long-term contracts for its LNG transport ships. The exe-cution risk is now very low and it is interesting that the market appears to be in agreement regarding the genera-tion of the expected operating cash flow at Teekay LNG, but this is not yet being reflected in the share price. Now we are waiting for the plan of the company so as to reini-tiate the distribution of cash while they reduce their bor-rowing. In any case the accumulation of value will be evident and we hope that this will be reflected by the market, this time sooner rather than later.



From Francisco Garcia Parames' Cobas Asset Management third-quarter 2018 shareholder letter.



Check out Francisco Garcia Parames latest stock trades

Top Ranked Articles about Teekay Corp

Teekay Corporation Announces Changes to Board of Directors
Francisco Garcia Parames Comments on Teekay Guru stock highlight
Teekay. The fourth quarter featured an improvement in Teekay LNG (NYSE:TK), earlier than expected in the company's plans, mostly thanks to improvement in the LNG (lique-fied natural gas) shipping market. A series of vessels with short-term contracts have arranged long-term contracts at attractive rates, while four new ships being built were delivered ahead of schedule. Thanks to the company's strong performance, it announced a plan to reduce debt and raise the dividend, now that the growth plan that required cutting back on the dividend a few years ago has ended. Interestingly, the company's share price has fallen, as it would seem the market expected an even greater increase in dividends. This has meant that the company has announced a buyback programme worth $100 million (10% of its market cap) to make the most of this opportunity. Needless to say, this appears the most sensible option for a company with a market capitaliza-tion of $1 billion and forecast net profit of approximately $200 million. In the case of Teekay Corp, its share price fell by 50% in the fourth quarter, reflecting a stress scena-rio in which Read more...
Teekay Group Announces Fourth Quarter 2018 Earnings Results Conference Calls
Teekay Corporation declares dividend
Teekay Corporation declares dividend
Cobas Asset Management Comments on Teekay Guru stock highlight
Teekay (NYSE:TK). The Teekay Group, by means of Teekay LNG and the parent company, Teekay Corp, is one of our most significant investments. This investment has a low cor-relation with the behaviour of the market as it depends on specific actions of the Group. The reasons that made it share price dropped (a cut in dividend to finance its ambi-tious growth plan) will shortly be the reasons for the market to again appreciate its qualities. Teekay LNG is the main source of potential for them both and has per-fectly implemented its growth plan, which involves long-term contracts for its LNG transport ships. The exe-cution risk is now very low and it is interesting that the market appears to be in agreement regarding the genera-tion of the expected operating cash flow at Teekay LNG, but this is not yet being reflected in the share price. Now we are waiting for the plan of the company so as to reini-tiate the distribution of cash while they reduce their bor-rowing. In any case the accumulation of value will be evident and we hope that this will be reflected by the market, this time sooner rather than later. Read more...
Teekay Group Announces Third Quarter 2018 Earnings Results Conference Calls
Teekay Corporation Declares Dividend
Teekay Group Announces Second Quarter 2018 Earnings Results Conference Calls
Teekay Corporation Declares Dividend

Ratios

vs
industry
vs
history
PB Ratio 0.52
TK's PB Ratio is ranked higher than
67% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.18 vs. TK: 0.52 )
Ranked among companies with meaningful PB Ratio only.
TK' s PB Ratio Range Over the Past 10 Years
Min: 0.31  Med: 1.09 Max: 4.42
Current: 0.52
0.31
4.42
PS Ratio 0.23
TK's PS Ratio is ranked higher than
82% of the 71 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.84 vs. TK: 0.23 )
Ranked among companies with meaningful PS Ratio only.
TK' s PS Ratio Range Over the Past 10 Years
Min: 0.17  Med: 0.93 Max: 2.49
Current: 0.23
0.17
2.49
Price-to-Operating-Cash-Flow 2.32
TK's Price-to-Operating-Cash-Flow is ranked higher than
96% of the 51 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.82 vs. TK: 2.32 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
TK' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.56  Med: 5.3 Max: 25.94
Current: 2.32
0.56
25.94
EV-to-EBIT 31.98
TK's EV-to-EBIT is ranked lower than
99.99% of the 58 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 11.75 vs. TK: 31.98 )
Ranked among companies with meaningful EV-to-EBIT only.
TK' s EV-to-EBIT Range Over the Past 10 Years
Min: -2362  Med: 17.8 Max: 499.3
Current: 31.98
-2362
499.3
EV-to-EBITDA 14.20
TK's EV-to-EBITDA is ranked lower than
92% of the 63 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 6.79 vs. TK: 14.20 )
Ranked among companies with meaningful EV-to-EBITDA only.
TK' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5  Med: 17.9 Max: 927.4
Current: 14.2
5
927.4
EV-to-Revenue 4.11
TK's EV-to-Revenue is ranked lower than
81% of the 73 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.23 vs. TK: 4.11 )
Ranked among companies with meaningful EV-to-Revenue only.
TK' s EV-to-Revenue Range Over the Past 10 Years
Min: 2.1  Med: 4.35 Max: 7
Current: 4.11
2.1
7
Current Ratio 1.25
TK's Current Ratio is ranked lower than
86% of the 72 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.19 vs. TK: 1.25 )
Ranked among companies with meaningful Current Ratio only.
TK' s Current Ratio Range Over the Past 10 Years
Min: 0.61  Med: 1.3 Max: 2.89
Current: 1.25
0.61
2.89
Quick Ratio 1.25
TK's Quick Ratio is ranked lower than
75% of the 72 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.92 vs. TK: 1.25 )
Ranked among companies with meaningful Quick Ratio only.
TK' s Quick Ratio Range Over the Past 10 Years
Min: 0.61  Med: 1.3 Max: 2.89
Current: 1.25
0.61
2.89
Days Sales Outstanding 33.84
TK's Days Sales Outstanding is ranked higher than
72% of the 65 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 36.99 vs. TK: 33.84 )
Ranked among companies with meaningful Days Sales Outstanding only.
TK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.03  Med: 58.3 Max: 105.43
Current: 33.84
31.03
105.43
Days Payable 66.70
TK's Days Payable is ranked lower than
98% of the 47 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 48.01 vs. TK: 66.70 )
Ranked among companies with meaningful Days Payable only.
TK' s Days Payable Range Over the Past 10 Years
Min: 5.9  Med: 22.56 Max: 66.84
Current: 66.7
5.9
66.84

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 5.23
TK's Dividend Yield % is ranked lower than
99.99% of the 144 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.97 vs. TK: 5.23 )
Ranked among companies with meaningful Dividend Yield % only.
TK' s Dividend Yield % Range Over the Past 10 Years
Min: 1.88  Med: 3.76 Max: 29.51
Current: 5.23
1.88
29.51
3-Year Dividend Growth Rate -49.70
TK's 3-Year Dividend Growth Rate is ranked lower than
75% of the 52 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.90 vs. TK: -49.70 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
TK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 24.4
Current: -49.7
0
24.4
Forward Dividend Yield % 5.63
TK's Forward Dividend Yield % is ranked lower than
99.99% of the 146 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.35 vs. TK: 5.63 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 0.57
TK's 5-Year Yield-on-Cost % is ranked lower than
99.99% of the 145 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 7.67 vs. TK: 0.57 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
TK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.19  Med: 0.38 Max: 2.98
Current: 0.57
0.19
2.98
3-Year Average Share Buyback Ratio -11.10
TK's 3-Year Average Share Buyback Ratio is ranked lower than
63% of the 46 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -2.80 vs. TK: -11.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
TK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -11.4  Med: -1.2 Max: 7.1
Current: -11.1
-11.4
7.1

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.61
TK's Price-to-Tangible-Book is ranked higher than
59% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.26 vs. TK: 0.61 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
TK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48  Med: 1.3 Max: 4.42
Current: 0.61
0.48
4.42
Price-to-Median-PS-Value 0.26
TK's Price-to-Median-PS-Value is ranked higher than
95% of the 64 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.08 vs. TK: 0.26 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
TK' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.21  Med: 1.69 Max: 3.07
Current: 0.26
0.21
3.07
Earnings Yield (Greenblatt) % 3.14
TK's Earnings Yield (Greenblatt) % is ranked lower than
82% of the 74 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 6.82 vs. TK: 3.14 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
TK' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -4.1  Med: 2.3 Max: 14.7
Current: 3.14
-4.1
14.7
Forward Rate of Return (Yacktman) % -171.33
TK's Forward Rate of Return (Yacktman) % is ranked lower than
98% of the 48 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -4.93 vs. TK: -171.33 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
TK' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -198  Med: -32.8 Max: 14.5
Current: -171.33
-198
14.5

More Statistics

Revenue (TTM) (Mil) $1,707.76
EPS (TTM) $ -0.79
Beta0.98
Volatility48.33%
52-Week Range $2.92 - 9.23
Shares Outstanding (Mil)100.44

Piotroski F-Score Details

Piotroski F-Score: 55
Positive ROAN
Positive CFROAY
Higher ROA yoyY
CFROA > ROAY
Lower Leverage yoyN
Higher Current Ratio yoyY
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyY

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