- Operating consolidated revenues were $362,296 million in Q4, down 36.5% from the same quarter a year ago and down 9.4% sequentially.
- Total adjusted EBITDA came to $221.062 million in the fourth quarter of 2020, down 38.2% over the same period of the prior year ($325.465 million).
- The expected World recovery and the booming LNG sector give us reasons to be optimistic.
- The investment thesis that I recommend is to start accumulating the stock with a long-term horizon. However, trading short-term about 30% of your long position is crucial.
For further details see:
Teekay Corporation: Reasons To Be Optimistic