How to buy Teekay Lng Partners (TGP) shares in Australia

Learn how to easily invest in Teekay Lng Partners shares.

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Teekay LNG Partners L.P is an oil & gas midstream business with stocks listed in the US. Teekay Lng Partners shares (TGP) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$16.98 – a decrease of 0.06% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in Teekay Lng Partners

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Teekay Lng Partners. Find the share by name or ticker symbol: TGP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Teekay Lng Partners reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$16.88, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Teekay Lng Partners, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Teekay Lng Partners. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Teekay Lng Partners stock price (NYSE:TGP)

Use our graph to track the performance of TGP stocks over time.

Teekay Lng Partners shares at a glance

Information last updated 2022-01-15.
52-week rangeUS$11.2055 - US$17
50-day moving average US$16.915
200-day moving average US$15.7327
Target priceUS$16.33
PE ratio 6.9306
Dividend yield US$1.113 (6.77%)
Earnings per share (TTM) US$2.45

Where to buy Teekay Lng Partners stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Teekay Lng Partners stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Teekay Lng Partners share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Teekay Lng Partners price performance over time

Historical closes compared with the last close of $16.98

1 week (2022-01-12) 16.98
1 month (2021-12-17) 0.30%
3 months (2021-10-19) -0.88%
6 months (2021-07-19) 20.68%
1 year (2021-01-19) 26.15%
2 years (2020-01-17) 15.35%
3 years (2019-01-18) 32.76%
5 years (2017-01-19) -1.57%

Is Teekay Lng Partners under- or over-valued?

Valuing Teekay Lng Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Teekay Lng Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Teekay Lng Partners's P/E ratio

Teekay Lng Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Teekay Lng Partners shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Teekay Lng Partners's PEG ratio

Teekay Lng Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.55. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Teekay Lng Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Teekay Lng Partners's EBITDA

Teekay Lng Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$380.6 million (£0.0 million).

The EBITDA is a measure of a Teekay Lng Partners's overall financial performance and is widely used to measure a its profitability.

Teekay Lng Partners financials

Revenue TTM US$602.2 million
Operating margin TTM 43.86%
Gross profit TTM US$433.7 million
Return on assets TTM 3.4%
Return on equity TTM 14.08%
Profit margin 39.72%
Book value 17.427
Market capitalisation US$1.5 billion

TTM: trailing 12 months

Teekay Lng Partners share dividends

61%

Dividend payout ratio: 61.16% of net profits

Recently Teekay Lng Partners has paid out, on average, around 61.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.77% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Teekay Lng Partners shareholders could enjoy a 6.77% return on their shares, in the form of dividend payments. In Teekay Lng Partners's case, that would currently equate to about $1.113 per share.

Teekay Lng Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Teekay Lng Partners's most recent dividend payout was on 11 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 November 2021 (the "ex-dividend date").

Teekay Lng Partners share price volatility

Over the last 12 months, Teekay Lng Partners's shares have ranged in value from as little as US$11.2055 up to US$17. A popular way to gauge a stock's volatility is its "beta".

TGP.US volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Teekay Lng Partners's is 1.1404. This would suggest that Teekay Lng Partners's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Teekay Lng Partners overview

Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. It operates in two segments, LNG and LPG. The company transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. As of December 31, 2020, it had a fleet of 47 LNG carriers and 30 LPG and multi-gas carriers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was incorporated in 2004 and is based in Hamilton, Bermuda.

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