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Teekay Corporation 2018 Q2 - Results - Earnings Call Slides

Aug. 02, 2018 1:56 PM ETTeekay Corporation (TK)6 Comments
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The following slide deck was published by Teekay Corporation in conjunction with their 2018 Q2 earnings call.

TEEKA Y’S Q2-
112

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Comments (6)

Idunn0 profile picture
Didn't TK raise $200+ million in January for the purpose of reducing debt. From the presentation, the debt still >$400 million, so not all the $200+ million went to reducing debt?
Hohum profile picture
Look at the Balance Sheet line items - Cash, Current Debt.
Cash increased by about $100M, Current Debt decreased by $81M.

OTOH, TK mgmt claims there is no debt on the FPSOs. But, TK's LT debt increased by > $100M
y
seems all the shares
ggravelle profile picture
yes. confirmed. they had to sell at a discount to walk away from a dead-end story. not such a bad deal in light of illiquidity.
y
Not good price but reasonable movement.
ggravelle profile picture
Sevan marine shares sold - would that be all of them?
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