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25 items- PRSeapeak LLC Declares Distributions on Series A and B Preferred UnitsHAMILTON, Bermuda, June 20, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company's Series A preferred units (NYSE:SEAL) and $0.5313 per unit on the Company's Series B preferred units (NYSE:SEAL) for the period from April 1, 2022 to June 30, 2022. The cash distributions are payable on July 15, 2022 to all unitholders of record as at June 30, 2022. Seapeak's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Seapeak Seapeak is one of the world's largest independent owners and operators of LNG carriers, providing liquefied gas services primarily under long-term,
- PRRailtown Capital Corp. to Combine with Selten Metal Corp. Operator of the "THOR" Rare Earth Exploration Project Located in Clark County, NevadaVancouver, British Columbia--(Newsfile Corp. - March 28, 2022) - Railtown Capital Corp. (TSXV:RLT) ("Railtown" or the "Company") and Selten Metal Corp. ("Selten Metal"), an arm's length private company incorporated under the laws of British Columbia, announced today that they have signed a non-binding letter of intent dated March 17, 2022 to effect a transaction that will result in a reverse takeover of Railtown by Selten Metal (the "Transaction"). Trading in the common shares of the Company (the "Common Shares") has been halted in accordance with the policies of the TSX Venture Exchange (the "TSXV") and will remain halted until such time as all required documentation has been filed with an
- PRSeapeak LLC Declares Distributions on Series A and B Preferred UnitsHAMILTON, Bermuda, March 17, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC has declared cash distributions of $0.5625 per unit on the Company's Series A preferred units (NYSE:SEAL) and $0.5313 per unit on the Company's Series B preferred units (NYSE:SEAL) for the period from January 1, 2022 to March 31, 2022. The cash distributions are payable on April 14, 2022 to all unitholders of record as at March 31, 2022. Seapeak's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Seapeak Seapeak is one of the world's largest independent owners and operators of LNG carriers, providing liquefied gas services primarily under long-term, fee-based charters
- PRTeekay LNG Announces Corporate Changes and Rebranding to SeapeakHAMILTON, Bermuda, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Seapeak LLC (formerly known as Teekay LNG Partners L.P.) (Seapeak) announces the following organizational updates. Conversion and Renaming Effective on February 25, 2022, Teekay LNG Partners L.P. (TGP) has converted from a limited partnership formed under the laws of the Republic of the Marshall Islands into a limited liability company formed under the laws of the Republic of the Marshall Islands (the Conversion). Under Marshall Islands law, the Conversion is deemed to be a continuation of the existence of TGP (in its prior partnership form), but now in the form of a Marshall Islands limited liability company. Accordingly, all of t
- SECSEC Form POS AM filed by Teekay LNG Partners L.P.POS AM - Teekay LNG Partners L.P. (0001308106) (Filer)
- SECSEC Form POS AM filed by Teekay LNG Partners L.P.POS AM - Teekay LNG Partners L.P. (0001308106) (Filer)
- SECSEC Form POSASR filed by Teekay LNG Partners L.P.POSASR - Teekay LNG Partners L.P. (0001308106) (Filer)
- SECSEC Form S-8 POS filed by Teekay LNG Partners L.P.S-8 POS - Teekay LNG Partners L.P. (0001308106) (Filer)
- SECSEC Form 6-K filed by Teekay LNG Partners L.P.6-K - Teekay LNG Partners L.P. (0001308106) (Filer)
- SECSEC Form 25-NSE filed by Teekay LNG Partners L.P.25-NSE - Teekay LNG Partners L.P. (0001308106) (Subject)
- NEWS5 Value Stocks To Watch In The Energy SectorWhat are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the energy sector: Dorian LPG (NYSE:LPG) - P/E: 6.81 NACCO Industries (NYSE:NC) - P/E: 7.11 Green Plains Partners (NASDAQ:GPP) - P/E: 8.57 TransGlobe Energy (NASDAQ:TGA) - P/E: 7.98 Teekay LNG Partners (NYSE:TGP) - P/E: 6.9 This quarter, Dorian LPG experienced an increase in earnings per share, which was 0.13 in Q1 and is now 0.25. The company's most recent dividend y
- PRTeekay LNG Partners L.P. Closes Acquisition by Stonepeak and Will Rebrand as SeapeakHAMILTON, Bermuda, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (the Partnership) (NYSE:TGP) today announced that it completed the previously announced acquisition of the Partnership by investment vehicles managed by Stonepeak. All common units will convert into the right to receive $17.00 per common unit in cash, subject to deductions of applicable withholding tax. The common units, which trade on the New York Stock Exchange ("NYSE") under the ticker symbol "TGP", will be suspended from trading today and delist from the NYSE within 10 days. The Partnership's Series A and B preferred units, which trade on the NYSE under the ticker symbols "TGP PR A" and "TGP PR B", respecti
- PRTeekay Corporation Announces Closing Of Stonepeak's Acquisition of Teekay LNGHAMILTON, Bermuda, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) announces the closing of the previously announced merger of Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) with investment vehicles managed by Stonepeak (the Merger). As part of the Merger, Teekay sold all of its ownership interest in Teekay LNG, including approximately 36.0 million Teekay LNG common units, and Teekay GP L.L.C., Teekay LNG's general partner (equivalent to approximately 1.6 million Teekay LNG common units), for $17.00 per common unit or common unit equivalent in cash, and transferred various management services companies to Teekay LNG that provide the operations for Teekay LNG and c
- 13D/GSEC Form SC 13G/A filed by Teekay LNG Partners L.P. (Amendment)SC 13G/A - Teekay LNG Partners L.P. (0001308106) (Subject)
- PRTeekay Corporation Announces Cash Tender Offer for 5.0% Convertible Senior Notes Due 2023HAMILTON, Bermuda, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) today announced that it has commenced a cash tender offer (the Tender Offer) to purchase any and all of its outstanding 5.0% Convertible Senior Notes due 2023 (the Notes). The Tender Offer will expire at 12:00 midnight, New York City time, on February 9, 2022 (one minute after 11:59 p.m., New York City time, on February 8, 2022), or any other date and time to which the Company extends the Tender Offer (such date and time, as it may be extended, the Expiration Time). The Tender Offer is made pursuant to an Offer to Purchase dated today, which sets forth the terms and conditions of the Tender Offe
- PRTeekay LNG Partners Declares Distributions on Series A and B Preferred UnitsHAMILTON, Bermuda, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5625 per unit on the Partnership's Series A preferred units (NYSE:TGP) and $0.5313 per unit on the Partnership's Series B preferred units (NYSE:TGP) for the period from October 1, 2021 to December 31, 2021. The cash distributions are payable on January 18, 2022 to all unitholders of record as at December 31, 2021. Teekay LNG's preferred unit distributions are reported on Form 1099 for United States tax purposes. About Teekay LNG Teekay LNG is one of the world's largest independent owners and
- NEWSOverview Of Value Stocks In The Energy SectorWhat are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the energy sector: SandRidge Energy (NYSE:SD) - P/E: 4.64 Adams Resources & Energy (AMEX:AE) - P/E: 8.01 Teekay LNG Partners (NYSE:TGP) - P/E: 6.88 Vermilion Energy (NYSE:VET) - P/E: 3.0 Crescent Point Energy (NYS
- SECSEC Form 6-K filed by Teekay LNG Partners L.P.6-K - Teekay LNG Partners L.P. (0001308106) (Filer)
- NEWSTeekay LNG Announces Updates On Required Approvals For Merger With StonepeakTeekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that at a special meeting of common unitholders of the Partnership held on December 1, 2021, its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by Stonepeak Limestone Holdings LP (formerly known as Stonepeak Infrastructure Fund IV Cayman (AIV III) LP) (Stonepeak). In addition, Teekay LNG has received all required customer approvals to complete the merger. Upon closing of the merger, Teekay LNG's common unitholders will receive $17.00 per common unit in cash. The merger is currently anticipated to close in mid-January 2022.
- PRTeekay LNG Announces Updates on Required Approvals for Merger With StonepeakHAMILTON, Bermuda, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that at a special meeting of common unitholders of the Partnership held on December 1, 2021, its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by Stonepeak Limestone Holdings LP (formerly known as Stonepeak Infrastructure Fund IV Cayman (AIV III) LP) (Stonepeak). In addition, Teekay LNG has received all required customer approvals to complete the merger. Upon closing of the merger, Teekay LNG's common unitholders will receive $17.00 per common unit in cash. The merger is currently anticipated to close in mid-Ja
- SECSEC Form 6-K filed by Teekay LNG Partners L.P.6-K - Teekay LNG Partners L.P. (0001308106) (Filer)
- PRTeekay LNG Partners Completes Norwegian Bond OfferingHAMILTON, Bermuda, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announces that it has priced NOK 1,000 million in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market. The new bond issuance, which was significantly oversubscribed, has an aggregate principal amount equivalent to approximately USD 116 million and all payments will be swapped into a U.S. dollar fixed-rate coupon of approximately 6.37%. Teekay LNG expects to close the bond offering on November 18, 2021, subject to customary closing conditions. The net proceeds from the bonds are expected to be used for general partnership purposes. Teekay
- SECSEC Form 6-K filed by Teekay LNG Partners L.P.6-K - Teekay LNG Partners L.P. (0001308106) (Filer)
- SECSEC Form 6-K filed by Teekay LNG Partners L.P.6-K - Teekay LNG Partners L.P. (0001308106) (Filer)
- PRTeekay LNG Partners Reports Third Quarter 2021 ResultsHighlights GAAP net income attributable to the partners and preferred unitholders of $67.0 million and GAAP net income per common unit of $0.68 in the third quarter of 2021.Adjusted net income(1) attributable to the partners and preferred unitholders of $54.7 million and adjusted net income per common unit of $0.54 in the third quarter of 2021 (excluding other items listed in Appendix A to this release).Total adjusted EBITDA(1) of $178.0 million in the third quarter of 2021.On October 4, 2021, announced agreement for Stonepeak to acquire 100 percent of Teekay LNG's outstanding common units and general partner units for $17.00 per unit. The Transaction (as defined below) is subject to certai