On February, 28 Teekay Offshore Partners L.P. (TOO) Analysts See $0.25 EPS

Teekay Offshore Partners L.P. (NYSE:TOO) Corporate Logo
During Q3 2018 the big money sentiment increased to 0.96. That’s change of 0.08, from 2018Q2’s 0.88. 7 investors sold all, 17 reduced holdings as Teekay Offshore Partners L.P. ratio is positive. 13 grew positions while 10 funds took positions. Funds hold 310.41 million shares thus 0.25% more from 2018Q2’s 309.65 million shares.
Luminus Mngmt Llc, a New York-based fund reported 9.55 million shs. California Employees Retirement System, California-based fund reported 95,986 shs. Susquehanna Ltd Liability Partnership reported 311,924 shs. Stifel reported 0% in Teekay Offshore Partners L.P. (NYSE:TOO). Wells Fargo & Comm Mn invested 0% of its capital in Teekay Offshore Partners L.P. (NYSE:TOO). 3.28M are owned by Eagle Ltd Com. 1,200 were accumulated by Financial Serv. Davenport & Ltd Co stated it has 44,050 shs. Cannell Peter B & owns 0.05% invested in Teekay Offshore Partners L.P. (NYSE:TOO) for 545,000 shs. Raymond James Fincl Svcs invested in 0% or 346,255 shs. Two Sigma Secs Limited Co has 10,383 shs for 0% of their capital. Raymond James & Assoc accumulated 44,619 shs. Parallax Volatility Advisers Limited Partnership stated it has 0% of its capital in Teekay Offshore Partners L.P. (NYSE:TOO). Ci Incorporated reported 0.16% stake. Evergreen Cap Management Ltd Limited Liability Company has invested 0.56% in Teekay Offshore Partners L.P. (NYSE:TOO).

Teekay Offshore Partners L.P. (NYSE:TOO)’s quarterly earnings will be published on February, 28., Zacks reports. Analysts predict $0.25 EPS. That’s $0.24 up or 2,400.00 % from 2018’s earnings of $0.01. If EPS of $0.25 is published the profit of TOO could hit $105.33M giving it 1.27 P/E. TOO touched $1.27 during the last trading session after $0.03 change.Teekay Offshore Partners L.P. has volume of 277,115 shares. Since February 27, 2018 TOO has declined 30.04% and is downtrending. TOO underperformed the S&P 500 by 30.04%.

Teekay Offshore Partners L.P. (NYSE:TOO) Ratings Coverage

A total of 2 analysts rate Teekay Offshore Partners (NYSE:TOO) as follows: 0 “Buy”, 1 “Hold” and 1 “Sell”. Š¢herefore 0 are bullish. (NYSE:TOO) has 2 ratings reports on Feb 27, 2019 according to StockzIntelligence. On Thursday, January 10 the rating was downgraded by Wells Fargo to “Market Perform”. On Tuesday, January 22 the stock of Teekay Offshore Partners L.P. (NYSE:TOO) earned “Underweight” rating by Morgan Stanley.

Teekay Offshore Partners L.P. provides marine transportation, oil production, storage, long-distance towing, offshore installation and maintenance, and safety services to the energy and oil service companies in the North Sea, Brazil, and the East Coast of Canada.The firm is valued at $535.07 million. The firm operates through six divisions: Floating Production, Storage and Offloading ; Shuttle Tanker; Floating Storage and Off-Take (FSO); Units for Maintenance and Safety (UMS); Towage; and Conventional Tanker.Currently it has negative earnings. As of December 31, 2016, its fleet consisted of 31 shuttle tankers, 6 FPSO units, 7 FSO units, 7 long-distance towing and offshore installation vessels, 1 UMS, and 2 chartered-in conventional oil tankers.

For more Teekay Offshore Partners L.P. (NYSE:TOO) news published briefly go to: Businessinsider.com, Fool.com, , Seekingalpha.com or Globenewswire.com. The titles are as follows: “An NYSE exec takes a different route to work every day to remind her of a lesson she learned traveling the world – Business Insider” published on February 21, 2019, “Why Teekay Offshore Partners Is Rallying Today – Motley Fool” on February 08, 2019, “Warren Buffett Thinks Apple Is Too Expensive – Yahoo Finance” with a publish date: February 25, 2019, “KKR: Too Much Money Chasing Too Expensive Targets – Seeking Alpha” and the last “Teekay Offshore Partners Reports Fourth Quarter and Annual 2018 Results – GlobeNewswire” with publication date: February 08, 2019.

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