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Top 10 Casino Stocks To Watch Right Now

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Private equity firms have amassed sizable stakes in countless glamorous businesses, from casinos lining the Vegas strip to professional sports teams. But some of the most alluring investments come from everyday places.

PE industry stalwart Blackstone Group has just agreed to buy the family owned Chamberlain Group parent of top-of-the-line garage door opener purveyor, LiftMaster. The Wall Street Journal reported news of the deal Tuesday, which values the company at roughly $5 billion including debt.

Garage Brand

While arguably not as hip as some of Blackstone’s digital investments like dating app suite Bumble or family history service Ancestry, Illinois-based Chamberlain’s garage door openers are relied on by millions of homes and businesses worldwide.

Owner of the LiftMaster, Chamberlain, Grifco, and Merlin brands, the firm’s myQ platform grants users garage door control via an app, useful for remote acceptance of food and grocery deliveries or to simply let the pet out for a stroll. And a partnership with Amazon launched in 2019 offers Prime customers in select cities packages delivered securely right into their garages. With a business model as reliable and adaptive as Chamberlain’s, Blackstone wants in for the long haul:

Top 10 Casino Stocks To Watch Right Now: NGL ENERGY PARTNERS LP(NGL)

We are a Delaware limited partnership formed in September 2010. Subsequent to our formation, we significantly expanded our operations through numerous business combinations. At March 31, 2015, our operations include:

Our crude oil logistics segment, the assets of which include owned and leased crude oil storage terminals, owned and leased pipeline injection stations, a fleet of owned trucks and trailers, a fleet of owned and leased railcars, a fleet of owned and leased barges and towboats, and a 50% interest in a crude oil pipeline. Our crude oil logistics segment purchases crude oil from producers and transports it for resale at owned and leased pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs.

Our water solutions segment, the assets of which include water treatment and disposal facilities.   Advisors’ Opinion:

  • [By Stephan Byrd]

    Shares of NGL Energy Partners LP (NYSE:NGL) have earned a consensus recommendation of “Buy” from the nine research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $14.14.

  • [By Motley Fool Transcribers]

    NGL Energy Partners LP (NYSE:NGL)Q32019 Earnings Conference CallFeb. 11, 2019, 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on NGL Energy Partners (NGL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Casino Stocks To Watch Right Now: Legacy Reserves LP(LGCY)

Legacy Reserves LP, an independent oil and natural gas limited partnership, engages in the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent, and Rocky Mountain regions of the United States. As of December 31, 2010, it owned interests in producing oil and natural gas properties in 370 fields in the Permian Basin, Texas Panhandle, Wyoming, Oklahoma, and several other states; operated 2,132 gross productive wells; and owned non-operated interests in 3,227 gross productive wells, as well as had proved reserves of approximately 52.8 million barrels of crude oil equivalent. Legacy Reserves GP, LLC operates as the general partner of the partnership. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, Texas.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Legacy Reserves LP Unit (NASDAQ:LGCY) insider James Daniel Westcott sold 301,648 shares of Legacy Reserves LP Unit stock in a transaction on Monday, September 24th. The stock was sold at an average price of $4.68, for a total value of $1,411,712.64. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

  • [By Stephan Byrd]

    Legacy Reserves LP Unit (NASDAQ:LGCY) CAO Micah C. Foster sold 54,605 shares of the stock in a transaction on Monday, September 24th. The shares were sold at an average price of $4.68, for a total value of $255,551.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

  • [By Stephan Byrd]

    Legacy Reserves LP Unit (NASDAQ:LGCY) EVP Kyle A. Mcgraw sold 176,957 shares of Legacy Reserves LP Unit stock in a transaction on Monday, September 24th. The stock was sold at an average price of $4.68, for a total value of $828,158.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

  • [By Stephan Byrd]

    Legacy Reserves LP Unit (NASDAQ:LGCY) – Equities researchers at Seaport Global Securities issued their Q3 2018 earnings estimates for shares of Legacy Reserves LP Unit in a note issued to investors on Wednesday, September 19th. Seaport Global Securities analyst M. Kelly expects that the oil and gas producer will post earnings per share of $0.31 for the quarter. Seaport Global Securities has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for Legacy Reserves LP Unit’s Q4 2018 earnings at $0.25 EPS, FY2018 earnings at $0.65 EPS, Q1 2019 earnings at $0.16 EPS, Q2 2019 earnings at $0.17 EPS, Q3 2019 earnings at $0.22 EPS, Q4 2019 earnings at $0.27 EPS, FY2019 earnings at $0.81 EPS, Q1 2020 earnings at $0.25 EPS, Q2 2020 earnings at $0.22 EPS and FY2020 earnings at $0.89 EPS.

Top 10 Casino Stocks To Watch Right Now: Carrier Global Corporation(CARR)

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating and cooling needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration products and services, including refrigeration and monitoring systems for trucks, trailers, shipping containers, intermodal, and rail; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential and building systems, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Chubb, Det-Tronics, Edwards, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; and Carrier, Automated Logic, BluEdge, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello brands. It sells its products directly to building contractors and owners, transportation companies and retail stores, and end customers, as well as indirectly through equity method investees, independent sales representatives, distributors, wholesalers, dealers, retail outlets, manufacturers' representatives, and value-added resellers. The company was incorporated in 2019 and is headquartered in P! alm Beach Gardens, Florida.

Advisors’ Opinion:

  • [By Alex Sirois]

    In 2021 Carrier Global (NYSE:CARR), Otis Worldwide (NYSE:OTIS), and Raytheon (NYSE:RTX) were all removed from the list. 

    That should actually give confidence to investors because those that remain have dividend income and potential for capital appreciation. Let’s get into seven such picks right now. 

Top 10 Casino Stocks To Watch Right Now: Education Realty Trust Inc.(EDR)

Education Realty Trust, Inc. (“EdR”) is a self-managed and self-advised company incorporated in the state of Maryland in July 2004 to develop, acquire, own and manage collegiate housing communities located near university campuses. We were formed to continue and expand upon the collegiate housing business of Allen & O’Hara, Inc., a company with over 40 years of experience as an owner, manager and developer of collegiate housing. We selectively develop collegiate housing communities for our own account and also provide third-party management services as well as third-party development consulting services on collegiate housing development projects for universities and other third parties. As of December 31, 2015, we owned 59 collegiate housing communities located in 21 states containing 30,400 beds in 11,679 apartment units on or near 37 university campuses.   Advisors’ Opinion:

  • [By Shane Hupp]

    E-Dinar Coin (CURRENCY:EDR) traded up 6% against the US dollar during the twenty-four hour period ending at 21:00 PM Eastern on February 20th. Over the last week, E-Dinar Coin has traded 3.4% higher against the US dollar. One E-Dinar Coin coin can currently be purchased for about $0.0074 or 0.00000186 BTC on major exchanges including LocalTrade, Livecoin, Exrates and YoBit. E-Dinar Coin has a total market cap of $6.55 million and approximately $2.04 million worth of E-Dinar Coin was traded on exchanges in the last 24 hours.

  • [By Logan Wallace]

    E-Dinar Coin (CURRENCY:EDR) traded flat against the US dollar during the 1 day period ending at 12:00 PM ET on October 3rd. Over the last seven days, E-Dinar Coin has traded up 3.2% against the US dollar. One E-Dinar Coin coin can currently be purchased for about $0.0105 or 0.00000162 BTC on popular cryptocurrency exchanges including Livecoin, Exrates, LocalTrade and YoBit. E-Dinar Coin has a market cap of $9.34 million and $202,866.00 worth of E-Dinar Coin was traded on exchanges in the last day.

  • [By Ethan Ryder]

    Education Realty Trust, Inc. (NYSE:EDR) has earned a consensus recommendation of “Hold” from the twelve analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $41.93.

  • [By Ethan Ryder]

    Endor Protocol (CURRENCY:EDR) traded up 4.7% against the US dollar during the twenty-four hour period ending at 13:00 PM ET on September 23rd. Over the last week, Endor Protocol has traded 18.1% higher against the US dollar. One Endor Protocol token can currently be bought for approximately $0.0718 or 0.00001074 BTC on exchanges including Bilaxy, Kucoin, IDEX and DEx.top. Endor Protocol has a total market cap of $38.92 million and $776,781.00 worth of Endor Protocol was traded on exchanges in the last 24 hours.

Top 10 Casino Stocks To Watch Right Now: Altura Mining Limited (ALTAF)

Altura Mining Limited is an Australia-based company engaged in the supply of lithium raw materials. The Company is engaged in the exploration and development activities, including completion of a feasibility study at its Pilgangoora Lithium project in the Pilbara region of Western Australia. The Company’s segments include coal mining, exploration services and mineral exploration. Its coal mining segment is engaged in the sale of coal. Its exploration services segment provides a range of drilling services to its customers, primarily mining and exploration companies. Its mineral exploration segment is engaged in exploration activities. The Company also has interests in producing Delta Coal project in Indonesia, which produces medium energy thermal coal, and the Tabalong Coal project, a thermal coal deposit located in South Kalimantan, Indonesia. The Tabalong Coal project consists of approximately five mining licenses. Advisors’ Opinion:

  • [By ]

    Altura Mining [ASX:AJM] (OTC:ALTAF)

    On April 30, Altura Mining announced: “Stage 2 Definitive Feasibility Study at Pilgangoora delivers outstanding results.” Highlights include:

Top 10 Casino Stocks To Watch Right Now: NVIDIA Corporation(NVDA)

NVIDIA is the world leader in visual computing. It enables us to open up new avenues of exploration, facilitate creativity and discovery, and power breakthroughs in new areas like artificial intelligence, virtual reality and autonomous cars.
Beginning as a PC graphics chip company, NVIDIA has transformed into a specialized platform company that targets four large markets – Gaming, Professional Visualization, Datacenter and Automotive – where visual computing is essential and valued. We are focused on delivering value through PC, mobile and cloud architectures. Our vertical integration enables us to bring together hardware, system software, programmable algorithms, systems and services to create unique value for the markets we serve.
Innovation is at our core. We have invested $12 billion in research and development since our inception, yielding some 7,300 patent assets, including inventions essential to modern computing.   Advisors’ Opinion:

  • [By Mark R. Hake]

    Nvidia (NASDAQ:NVDA) has been skyrocketing this year, up 75% from $130.55 on Dec. 31, 2020 to $228.43 on Sept. 3. Moreover, NVDA stock has spiked since May 13 when it bottomed out at $136.65, up 67% in the past 4 months.

  • [By Eric Volkman (TMFVolkman)]

    Shares of Nvidia (NASDAQ:NVDA) closed Friday more than 2% higher, in contrast to a generally flat stock market. That followed a price target upgrade from one analyst tracking the stock. It also occurred on a good day for cryptocurrencies, which help boost its business.

Top 10 Casino Stocks To Watch Right Now: Enduro Royalty Trust(NDRO)

Enduro Royalty Trust (the Trust), incorporated on May 3, 2011, is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest). The properties in which the Trust holds the Net Profits Interest are referred to as the Underlying Properties. Enduro is engaged in the production and development of oil and natural gas from properties located in the Rockies, the Permian Basin of west Texas and southeastern New Mexico, and the Arklatex region of Texas and Louisiana.

The Underlying Properties comprise producing and non-producing interests in oil and natural gas units, wells and lands in Texas, Louisiana and New Mexico. The Underlying Properties are divided into two geographic regions: the Permian Basin region and East Texas/North Louisiana region. As of December 31, 2015, the Underlying Properties had proved reserves of approximately 15.3 million barrels of oil equivalent (MMBoe) and 100% of the volumes, and PV-10 value were attributable to proved developed reserves. The Underlying Properties in the Permian Basin contain approximately 137,890 gross (39,820 net) acres in Texas and New Mexico. The Underlying Properties contain interests in approximately 13,480 gross (4,970 net) acres in the East Texas/North Louisiana region across three fields: the Elm Grove field, the Kingston field and the Stockman field. As of December 31, 2015, proved reserves attributable to the Underlying Properties in the Elm Grove and Kingston fields were! approximately 0.3 MMBoe and approximately 0.4 MMBoe, respectively.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Enduro Royalty Trust (NDRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Enduro Royalty Trust (NDRO)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Casino Stocks To Watch Right Now: PowerShares S&P SmallCap Consumer Discretionary Portfolio(PSCD)

PowerShares S&P SmallCap Consumer Discretionary Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Its investment adviser is Invesco PowerShares Capital Management LLC. Advisors’ Opinion:

  • [By Max Byerly]

    Wells Fargo & Company MN raised its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) by 0.9% during the second quarter, HoldingsChannel reports. The firm owned 815,500 shares of the company’s stock after buying an additional 6,884 shares during the period. Wells Fargo & Company MN owned 0.47% of Invesco S&P SmallCap Consumer Discretionary ETF worth $53,700,000 as of its most recent SEC filing.

Top 10 Casino Stocks To Watch Right Now: Royal Dutch Shell PLC(RDS.A)

Royal Dutch Shell plc (shell), incorporated on February 5, 2002, is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries. The Company operates in three segments: Upstream, Downstream and Corporate. Its Upstream segment focuses on exploration for new crude oil and natural gas reserves and on developing new projects. In Downstream, the Company focuses on turning crude oil into a range of refined products, which are moved and marketed around the world for domestic, industrial and transport use. The Company sells various products, which include gasoline, diesel, heating oil, aviation fuel, marine fuel, liquefied natural gas (LNG) for transport, lubricants, bitumen and sulfur. It also produces and sells ethanol from sugar cane in Brazil.

Upstream

The Company’s Upstream segment combines the operating segments Upstream International and Upstream Americas. The Company extracts bitumen from mined oil sands, which the Company converts into synthetic crude oil. The Company liquefies natural gas by cooling it and transports LNG to customers around the world. It also converts natural gas to liquids (GTL) to provide fuels and other products, and it markets and trades crude oil and natural gas (including LNG) in support of its Upstream businesses. Shell subsidiaries, joint ventures and associates are involved in all aspects of upstream activities, including matters, such as land tenure, entitlement to produced hydrocarbons, production rates, royalties, pricing, environmental protection, social impact, exports, taxes and foreign exchange. The conditions of the leases, licenses and contracts under, which oil and gas interests are held vary from country to country.

The Company’s Upstream International business manages Shell’s Upstream! activities outside the Americas. The Company explores for and extracts crude oil, natural gas and natural gas liquids, transports oil and gas, and operates the upstream and midstream infrastructure necessary to deliver oil and gas to market. Upstream International also manages the LNG and GTL businesses outside the Americas, and markets and trades natural gas, including LNG, outside the Americas. It manages its operations primarily by line of business, with this structure overlaying country organizations. The Company’s Upstream Americas business manages Shell’s Upstream activities in North and South America. Upstream Americas also extracts bitumen from oil sands that is converted into synthetic crude oil. It manages the LNG business in the Americas, including assets in Peru and Trinidad and Tobago. It also markets and trades natural gas in the Americas. In addition, it manages the United States wind business.

Downstream

The Company’s Downstream business manages Shell’s oil products activities, consisting refining, trading and supply, pipelines and marketing, and chemicals activities. In addition, the Company produces and sells petrochemicals for industrial use across the world. Its marketing activities include retail, lubricants, business-to-business (B2B) and alternative energies. In trading and supply, the Company trades crude oil, oil products and petrochemicals, to optimize feedstock for refining and chemicals, to supply its marketing businesses and third parties. The Company has interests in over 20 refineries across the world with the capacity to process a total of approximately 3.1 million barrels of crude oil per day. Trading and supply trades in physical and financial contracts, lease storage and transportation capacities, and manages shipping and wholesale commercial fuel activities globally. Across approximately 100 countries, the Company produces, markets or sells lubricants for passenger cars, motorcycles, trucks and coaches, and for industrial machinery in the ma! nufacturi! ng, mining, power generation, agriculture and construction sectors.

The Company has a global lubricants supply chain with a network of over eight base oil manufacturing plants, 40 lubricant blending plants, 10 grease plants and four gas-to-liquids base oil storage hubs. Through its marine activities, the Company primarily provides lubricants along with fuels and related technical services, to the shipping and maritime sectors. Its B2B activities encompass the sale of fuels and specialty products and services to a range of commercial customers. Its plants produce a range of base chemicals, including ethylene, propylene and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide and ethylene glycol. It has capacity to produce approximately six million tons of ethylene a year.

Advisors’ Opinion:

  • [By Garrett Baldwin]

    See Now: Our founder just released his No. 1 pick for 2019. Don’t miss this. See the urgent briefing here…

    Walt Disney Co. (NYSE: DIS) unveiled its highly anticipated streaming service on Thursday. The service, Disney+, will launch Nov. 12 and cost $6.99 per month or $69 per year. The service will include television shows and films from its extended universe of programming – including the Star Wars and Marvel series. Disney said that all of its new films will be available on the service as soon as their theatrical windows have ended. In merger news, Chevron Corp. (NYSE: CVX) announced plans to purchase Anadarko Petroleum Corp.(NYSE: APC) as the oil major continues to push into the U.S. shale business. Shares of APC popped 32% in pre-market hours after Chevron announced the $33 billion bid. This is the largest energy merger since 2016 after Royal Dutch Shell Plc. (NYSE: RDS.A) purchased BG Group. The news sent shares of companies that operate in the Permian basin in West Texas even higher this morning. Look for other earnings reports from PNC Financial Services Group Inc.(NYSE: PNC) and Infosys Ltd.(NASDAQ: INFY).
    This Is How You Can Grow Incredibly Rich Buying Straight-Up Stocks

    Right now, even with all the market uncertainty, there’s truly a ridiculous amount of money to be made from stocks if you follow this secret.

  • [By Alexander Bird]

    Royal Dutch Shell Plc. (NYSE: RDS.A) pays a 5.83% dividend yield and is an excellent buy right now. Shell has a perfect Money Morning Stock VQScore of 4.75, putting it right in the “Buy Zone.”

  • [By Motley Fool Transcribing]

    (NYSE:RDS.A) Q4 2018 Earnings Conference CallJan. 31, 2019 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Ben van Beurden

Top 10 Casino Stocks To Watch Right Now: Teekay Corporation(TK)

Teekay Corporation (Teekay), incorporated on February 9, 1979, is a provider of crude oil and gas marine transportation services. The Company also offers offshore oil production, storage and offloading services, primarily under long-term, fixed-rate contracts. The Company is engaged in the liquefied natural gas (LNG) and liquefied petroleum gas (LPG) shipping sectors through its subsidiary, Teekay LNG Partners L.P. (Teekay LNG). It is engaged in the operations in the offshore production, storage and transportation sector through its subsidiary, Teekay Offshore Partners L.P. (Teekay Offshore) and through its interest in Teekay Petrojarl AS. It is also engaged in the conventional tanker business through its subsidiary, Teekay Tankers Ltd. (Teekay Tankers). Teekay provides a set of marine services to the oil and gas companies. The Company has four lines of business: offshore logistics (shuttle tankers, the HiLoad DP unit, floating storage and off-take (FSO) units, units for maintenance and safety (UMS), and long-distance towing and offshore installation vessels), offshore production (floating production, storage and offloading (FPSO) units), liquefied gas carriers and conventional tankers.

Teekay Offshore-Offshore Logistics

Teekay Offshore includes its shuttle tanker operations, FSO units, a HiLoad DP unit, its FPSO units and offshore support, which includes floating accommodation units (FAUs), all of which operate under long-term fixed-rate contracts, and long-distance towing and offshore installation vessels. The Company’s shuttle tanker fleet has a total cargo capacity of approximately 4.5 million deadweight tons (dwt).

Teekay Offshore’s shuttle tankers are primarily subject to long-term, fixed-rate time-charter contracts or bareboat charter contracts for a specific offshore oil field, where a vessel is hired for a fixed period of time, or under contracts of affreightment for various fields, where Teekay Offshore commits to be available to transport the quantity ! of cargo requested by the customer from time to time over a specified trade route within a given period of time. Teekay Offshore has ownership interests in over 30 shuttle tankers and chartered-in an additional over three shuttle tankers.

Teekay Offshore’s FSO units are generally placed on long-term, fixed-rate time-charters or bareboat charters as an integrated part of the field development plan, which provides more stable cash flow to Teekay Offshore. Teekay Offshore has ownership interests in over seven FSO units, including a vessel undergoing conversion into an FSO unit. Teekay Offshore is a provider of long-distance towing and offshore installation vessels with DP2 capability. Teekay Offshore’s fleet includes over 10 long-distance towing and offshore installation vessels. UMS are used for offshore accommodation, storage and support for maintenance and modification projects on existing offshore installations, or during the installation and decommissioning of floating exploration, production and storage units, including FPSO units, floating liquefied natural gas (FLNG) units and floating drill rigs.

Teekay Offshore-Offshore Production

Teekay Offshore-Offshore Production consists of FPSO Units. FPSO units are offshore production facilities that are ship-shaped or cylindrical-shaped and store processed crude oil in tanks located in the hull of the vessel. FPSO units are used as production facilities to develop marginal oil fields or deepwater areas remote from existing pipeline infrastructure. Teekay Offshore owns over 10 FPSO units and approximately two FPSO units.

Teekay LNG

Teekay LNG includes LNG and LPG carriers. LNG carriers are usually chartered to carry LNG pursuant to time-charter contracts, where a vessel is hired for a fixed period of time. LPG carriers are mainly chartered to carry LPG on time-charters, on contracts of affreightment or spot voyage charters. Teekay LNG’s fleet, including newbuildings on order, has a total cargo! carrying! capacity of approximately 8.6 million cubic meters. Teekay LNG has ownership interests in over 30 LNG carriers, as well as approximately 20 additional newbuilding LNG carriers on order. In addition, it has ownership of over 10 LPG carriers and part ownership.

Teekay Tankers

Teekay Tankers includes the Company’s conventional crude oil tankers and product carriers. The Company’s conventional crude oil tankers and product tankers primarily operate in the spot-tanker market or are subject to time-charters or contracts of affreightment that are priced on a spot-market basis or are short-term, fixed-rate contracts. Teekay Tankers participated in over three main pooling or revenue sharing commercial management arrangements. These include an Aframax tanker revenue sharing commercial management arrangement (the Aframax RSA), an LR2 tanker pool (the Taurus Pool) and a Suezmax tanker revenue sharing commercial management arrangement (the Suezmax RSA).

Advisors’ Opinion:

  • [By Joseph Griffin]

    Teekay (NYSE: TK) and Euroseas (NASDAQ:ESEA) are both small-cap transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.

  • [By Rich Smith]

    Shares of Teekay Corporation (NYSE: TK)are down 9.2% as of 11:40 a.m EDT after the maritime oil operations holding company — parent of Teekay LNG Partners, Teekay Tankers, and Teekay Offshore– reported a big loss for its fiscal first quarter 2018. At one point today, Teekay stock had fallen as much as 15.7%.

  • [By Garrett Baldwin]

    Crude oil prices continue to remain in focus after Brent crude hit $80.00 per barrel. The benchmark crude touched $80.00, as markets are concerned about the impact renewed Iranian sanctions will have on global supply. French oil giant Total announced Wednesday that it was abandoning a gas project in Iran after failing to obtain a waiver from the Trump administration to do business in Iran. The sanctions are expected to decline global output at a time that OPEC is already working diligently to push oil prices higher by containing excessive global production.
    Four Stocks to Watch Today: JCP, BABA, F, KR
    Shares of JCPenney (NYSE: JCP) are ticking higher after its earnings report before the bell. Yesterday, retail companies were stunned by the 11% jump for its rival Macy’s Inc. (NYSE: M) stock thanks to a strong first-quarter report. Alibaba Group Holding Ltd.(NYSE: BABA) is generating a lot of buzz as investors monitor trade relations between the United States and China. BABA stock had slumped by 18% thanks to trade restrictions on Chinese companies. Ford Motor Co.(NYSE: F) announced it will restart production of its popular F-150 pickup truck at its Dearborn, Mich., facility. The company recently suspended operations after a fire damaged supplies needed for manufacturing. The F-150 is the most popular consumer vehicle in the United States. In an effort to beat back the growth of Wal-Mart and Amazon, grocery giant Kroger Co.(NYSE: KR) announced a deal to purchase a 5% stake in British online supermarket Ocado. The deal will allow Kroger to utilize the UK firm’s warehouse automation technology in the United States and improve its supply chain costs. Look for additional earnings reports from Applied Materials Inc.(Nasdaq: AMAT), Nordstrom Inc. (NYSE: JWN), The Children’s Place Inc.(Nasdaq: PLCE), Teekay Corp.(NYSE: TK), and Quantum Corp.(NYSE: QTM).

    FollowMoney MorningonFacebook,Twitter, andLinkedIn.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Walmart Inc. (NYSE: WMT) is estimated to report quarterly earnings at $1.13 per share on revenue of $120.51 billion.
    J. C. Penney Company, Inc. (NYSE: JCP) is expected to report quarterly loss at $0.2 per share on revenue of $2.63 billion.
    Dillard's, Inc. (NYSE: DDS) is projected to report quarterly earnings at $2.77 per share on revenue of $1.46 billion.
    The Children's Place, Inc. (NASDAQ: PLCE) is estimated to report quarterly earnings at $2.21 per share on revenue of $444.14 million.
    Manchester United plc (NYSE: MANU) is expected to report quarterly loss at $1.35 per share on revenue of $193.67 million.
    Teekay Corporation (NYSE: TK) is estimated to report quarterly loss at $0.08 per share on revenue of $296.76 million.
    KEMET Corporation (NYSE: KEM) is projected to report quarterly earnings at $0.41 per share on revenue of $306.72 million.
    Vascular Biogenics Ltd. (NASDAQ: VBLT) is estimated to report a quarterly loss at $0.21 per share.
    Teekay Offshore Partners L.P. (NYSE: TOO) is expected to report quarterly earnings at $0.04 per share on revenue of $272.04 million.
    Albireo Pharma, Inc. (NASDAQ: ALBO) is expected to report quarterly earnings at $1.77 per share on revenue of $31.32 million.