Note:
I have covered Teekay Corporation (TK) previously, so investors should view this as an update to my earlier articles on the company.
The Teekay Group story is likely well-known among Seeking Alpha members with particular interest in shipping as well as oil and gas mostly due to the extensive coverage by fellow contributor J Mintzmyer.
In short, parent company Teekay Corporation or "Teekay" serves as the group's holding company and after last year's divestiture of Teekay Offshore Partners its remaining key holdings are a 33.1% stake in Teekay LNG Partners (