Teekay Corp - Company Profile

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Teekay Corp (Teekay) is a provider of marine transportation services to the oil and gas industry. The company transports crude oil, liquefied natural gas (LNG), liquefied petroleum gas (LPG) and other petroleum products. It also offers offshore oil production, storage, and offloading services. Teekay’s fleet comprises marine services, offshore, and conventional tankers. The company also provides newbuilding design, crew, ship, and commercial management services. Teekay's major customers include energy and utility companies, oil traders, large oil and LNG consumers and petroleum product producers, government agencies and others. The company operates in several countries across the North America, Europe, Asia, South America and Australia. Teekay is headquartered in Hamilton, Bermuda.

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Headquarters Bermuda

Address 4th Floor, Belvedere Building, 69 Pitts Bay Road, Hamilton, HM08


Telephone 1 441 2982530

No of Employees 2,100

Industry Energy and Utilities

Ticker Symbol & Exchange TK (NYSE)

Revenue (2022) $1.2B 74.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 904.4% (2022 vs 2021)

Market Cap* $659.8M

Net Profit Margin (2022) XYZ 478.1% (2022 vs 2021)

* As of and is in US$
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Teekay Corp premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Teekay Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Fleet Management
Marine Procurement
Lightering
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Acquisitions/Mergers/Takeovers In January, the company acquired Teekay LNG Partners LP.
2021 Contracts/Agreements In September, the company entered into an agreement with Australian Government Department of Defence for providing marine services to five Australian Government vessels.
2020 Contracts/Agreements In March, the company signed a 10-year bareboat charter contract with BP plc's subsidiary Britoil Limited owned the Foinaven Operator for the Petrojarl Foinaven (Foinaven) FPSO unit.
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Competitor Comparison

Key Parameters Teekay Corp Mitsui OSK Lines Ltd SBM Offshore NV MISC Bhd Modec Inc
Headquarters Bermuda Japan Netherlands Malaysia Japan
City Hamilton Minato-Ku Schiphol Kuala Lumpur Chuo-Ku
State/Province - Tokyo - Kuala Lumpur (Federal Territory of) Tokyo
No. of Employees 2,100 8,748 5,499 9,355 5,225
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
David Schellenberg Chairman Executive Board 2019 59
Kenneth Hvid President; Chief Executive Officer; Director Executive Board 2019 54
Brody Speers Chief Financial Officer; Executive Vice President Senior Management 2023 -
Kevin Mackay President - Chief Executive Officer of Teekay Tankers Ltd Senior Management 2014 54
N. Angelique Burgess Assistant Corporate Secretary Senior Management 2020 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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