Teekay LNG Partners LP Insider ownership
What is the Insider ownership of Teekay LNG Partners LP?
The Insider ownership of Teekay LNG Partners LP is 41.33%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Industrials sector on NYSE compared to Teekay LNG Partners LP
What does Teekay LNG Partners LP do?
Teekay LNG is one of the world's largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size LPG carriers, and seven multi-gas carriers. The Partnership's ownership interests in these vessels range from 20 to 100 percent. In addition, the Partnership owns a 30 percent interest in a regasification terminal. Teekay LNG is a publicly-traded master limited partnership formed by Teekay Corporation as part of its strategy to expand its operations in the LNG and LPG shipping sectors.
Companies with insider ownership similar to Teekay LNG Partners LP
- AB Science S.A has Insider ownership of 41.25%
- EYEMAXX Real Estate AG has Insider ownership of 41.27%
- Qwest has Insider ownership of 41.28%
- Hua Hong Semiconductor has Insider ownership of 41.28%
- Optiscan Imaging has Insider ownership of 41.30%
- ThinkSmart has Insider ownership of 41.30%
- Teekay LNG Partners LP has Insider ownership of 41.33%
- NewMarket has Insider ownership of 41.34%
- Cartier Resources has Insider ownership of 41.34%
- Mint Payments has Insider ownership of 41.35%
- Future Bright has Insider ownership of 41.35%
- Sienna Cancer Diagnostics has Insider ownership of 41.35%
- Nyrada has Insider ownership of 41.37%