Teekay Offshore Partners L.P. (TOO) vs. The Competition Financial Review

Teekay Offshore Partners L.P. (NYSE: TOO) is one of 53 public companies in the “Oil & Gas Transportation Services” industry, but how does it weigh in compared to its rivals? We will compare Teekay Offshore Partners L.P. to similar companies based on the strength of its earnings, institutional ownership, dividends, valuation, analyst recommendations, profitability and risk.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Teekay Offshore Partners L.P. and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Teekay Offshore Partners L.P. 1 1 3 0 2.40
Teekay Offshore Partners L.P. Competitors 380 2062 2468 109 2.46

Teekay Offshore Partners L.P. presently has a consensus price target of $4.67, indicating a potential upside of 77.44%. As a group, “Oil & Gas Transportation Services” companies have a potential upside of 19.03%. Given Teekay Offshore Partners L.P.’s higher possible upside, equities research analysts plainly believe Teekay Offshore Partners L.P. is more favorable than its rivals.

Profitability

This table compares Teekay Offshore Partners L.P. and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Teekay Offshore Partners L.P. 11.51% 5.24% 0.78%
Teekay Offshore Partners L.P. Competitors 16.87% 14.36% 5.47%

Valuation & Earnings

This table compares Teekay Offshore Partners L.P. and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Teekay Offshore Partners L.P. $1.10 billion $495.18 million 5.37
Teekay Offshore Partners L.P. Competitors $5.63 billion $1.30 billion 37.75

Teekay Offshore Partners L.P.’s rivals have higher revenue and earnings than Teekay Offshore Partners L.P.. Teekay Offshore Partners L.P. is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Dividends

Teekay Offshore Partners L.P. pays an annual dividend of $0.04 per share and has a dividend yield of 1.5%. Teekay Offshore Partners L.P. pays out 8.2% of its earnings in the form of a dividend. As a group, “Oil & Gas Transportation Services” companies pay a dividend yield of 6.5% and pay out 171.6% of their earnings in the form of a dividend.

Volatility and Risk

Teekay Offshore Partners L.P. has a beta of 2.73, suggesting that its stock price is 173% more volatile than the S&P 500. Comparatively, Teekay Offshore Partners L.P.’s rivals have a beta of 1.39, suggesting that their average stock price is 39% more volatile than the S&P 500.

Insider and Institutional Ownership

48.4% of Teekay Offshore Partners L.P. shares are held by institutional investors. Comparatively, 57.4% of shares of all “Oil & Gas Transportation Services” companies are held by institutional investors. 9.2% of shares of all “Oil & Gas Transportation Services” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Teekay Offshore Partners L.P. rivals beat Teekay Offshore Partners L.P. on 10 of the 15 factors compared.

Teekay Offshore Partners L.P. Company Profile

Teekay Offshore Partners L.P. is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry in North Sea, Brazil and the East Coast of Canada. The Company operates shuttle tankers; towage vessels; floating, production, storage and off-loading (FPSO) units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers. Its segments include shuttle tanker segment, FPSO segment, FSO segment, conventional tanker segment, towage segment and UMS segment. Its fleet consists of over 30 shuttle tankers, such as over three chartered-in vessels and a HiLoad Dynamic Positioning unit, over six FPSO units, approximately seven FSO units, over six long-distance towing and offshore installation vessels, a UMS and over two conventional oil tankers.

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