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home / news releases / TOO - Teekay Corporation - Eagerly-Awaited Debt Refinancing Disappoints Investors


TOO - Teekay Corporation - Eagerly-Awaited Debt Refinancing Disappoints Investors

Starting back in late 2016, otherwise little known energy-focused shipping holding company Teekay Corporation (TK) or "Teekay" has become one of the most intensively discussed stocks on Seeking Alpha, mostly caused by a series of highly optimistic articles by well-regarded fellow contributor J Mintzmyer but, very similar to recently discussed Capital Product Partners (CPLP), his underlying investment thesis never played out.

Photo: Hummingbird Spirit FPSO - Source: Company Website

An anticipated quintrupling in distribution levels of Teekay's most important subsidiary Teekay LNG Partners (TGP) by mid-2017 never happened as

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Stock Information

Company Name: Teekay Offshore Partners L.P. representing Limited Partner Interests
Stock Symbol: TOO
Market: NYSE

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