Teekay Corp Files 6-K for Q4 2023, Confirms 20-F Filing Status
Ticker: TK · Form: 6-K · Filed: Feb 22, 2024 · CIK: 911971
| Field | Detail |
|---|---|
| Company | Teekay Corp (TK) |
| Form Type | 6-K |
| Filed Date | Feb 22, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $35.4 m, $0.38, $31.9 m, $0.35, $127.2 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, form-6k, foreign-issuer
TL;DR
**Teekay Corp just filed a 6-K for Q4 2023, confirming its Form 20-F annual report status.**
AI Summary
Teekay Corporation, a foreign private issuer, filed a Form 6-K on February 22, 2024, reporting for the period ending December 31, 2023. The filing indicates Teekay Corporation files annual reports under Form 20-F and lists its principal executive offices in Hamilton, Bermuda. The company's Central Index Key is 0000911971 and its SEC file number is 001-12874.
Why It Matters
This filing provides transparency on Teekay Corporation's regulatory compliance and reporting practices, which is crucial for investors assessing the company's operational and financial health.
Risk Assessment
Risk Level: low — This is a routine regulatory filing that does not indicate any immediate financial or operational risks.
Key Numbers
- 001-12874 — SEC File Number (Teekay Corporation's SEC identification)
- 0000911971 — Central Index Key (CIK) (Teekay Corporation's unique identifier)
Key Players & Entities
- TEEKAY CORP (company) — Registrant
- February 22, 2024 (date) — Date of Report
- December 31, 2023 (date) — Conformed Period of Report
- Hamilton, HM 08 Bermuda (company) — Address of principal executive offices
- 001-12874 (dollar_amount) — Commission file number
FAQ
What is the purpose of this 6-K filing by Teekay Corporation?
This 6-K filing serves as a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934, specifically reporting for the period ending December 31, 2023.
When was this 6-K report filed?
The Date of Report for this 6-K filing is February 22, 2024.
Under which form does Teekay Corporation file its annual reports?
Teekay Corporation indicates by check mark that it files its annual reports under Form 20-F.
What is the principal executive office address for Teekay Corporation as stated in the filing?
The principal executive offices for Teekay Corporation are located at 4th Floor, Belvedere Building, 69 Pitts Bay Road, Hamilton, HM 08 Bermuda.
What is Teekay Corporation's Commission file number?
Teekay Corporation's Commission file number is 1-12874.
Filing Stats: 4,425 words · 18 min read · ~15 pages · Grade level 12.3 · Accepted 2024-02-22 13:05:00
Key Financial Figures
- $35.4 m — tributable to shareholders of Teekay of $35.4 million, or $0.38 per share, and adjusted
- $0.38 — eholders of Teekay of $35.4 million, or $0.38 per share, and adjusted net income attr
- $31.9 m — isted in Appendix A to this release) of $31.9 million, or $0.35 per share, in the fourt
- $0.35 — A to this release) of $31.9 million, or $0.35 per share, in the fourth quarter of 202
- $127.2 million — uarter of 2023. Adjusted EBITDA (1) of $127.2 million in the fourth quarter of 2023. Fiscal
- $150.6 m — 3. Fiscal year 2023 GAAP net income of $150.6 million, or $1.59 per share, adjusted net
- $1.59 — 3 GAAP net income of $150.6 million, or $1.59 per share, adjusted net income attribut
- $150.5 m — tributable to shareholders of Teekay of $150.5 million, or $1.59 per share, and adjusted
- $618.9 million — $1.59 per share, and adjusted EBITDA of $618.9 million. Tanker market remains strong with Tee
- $50,100 — rter 2024 to-date average spot rates of $50,100 per day for its Suezmax fleet and $50,9
- $50,900 — 0,100 per day for its Suezmax fleet and $50,900 per day for its Aframax fleet, respecti
- $0.25 — s declared a quarterly cash dividend of $0.25 per common share for the quarter ended
- $4.0 million — 23, Teekay Parent repurchased a further $4.0 million of its outstanding common shares, bring
- $65.8 million — e repurchase programs in August 2022 to $65.8 million at an average price of $5.21 per share.
- $5.21 — to $65.8 million at an average price of $5.21 per share. Hamilton, Bermuda , Februar
Filing Documents
- q4-23erdocument.htm (6-K) — 452KB
- image2.jpg (GRAPHIC) — 9KB
- newsreleasea11.jpg (GRAPHIC) — 11KB
- 0001628280-24-006235.txt ( ) — 475KB
— Information Contained in this Form 6-K Report
Item 1 — Information Contained in this Form 6-K Report Attached as Exhibit 1 is a copy of an announcement of Teekay Corporation dated February 22, 2024 .
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TEEKAY CORPORATION Date February 22, 2024 By s Brody Speers Brody Speers Vice President, Finance Treasurer (Principal Financial and Accounting Officer) Teekay Corporation Investor Relations Tel +1 604 609 2963 www.teekay.com 4 th Floor, Belvedere Building, 69 Pitts Bay Road, Hamilton, HM 08, Bermuda TEEKAY CORPORATION REPORTS FOURTH QUARTER AND ANNUAL 2023 RESULTS Highlights GAAP net income attributable to shareholders of Teekay of $35.4 million, or $0.38 per share, and adjusted net income attributable to shareholders of Teekay (1) (excluding items listed in Appendix A to this release) of $31.9 million, or $0.35 per share, in the fourth quarter of 2023. Adjusted EBITDA (1) of $127.2 million in the fourth quarter of 2023. Fiscal year 2023 GAAP net income of $150.6 million, or $1.59 per share, adjusted net income attributable to shareholders of Teekay of $150.5 million, or $1.59 per share, and adjusted EBITDA of $618.9 million. Tanker market remains strong with Teekay Tankers securing first quarter 2024 to-date average spot rates of $50,100 per day for its Suezmax fleet and $50,900 per day for its Aframax fleet, respectively. In line with Teekay Tankers' fixed dividend policy, Teekay Tankers declared a quarterly cash dividend of $0.25 per common share for the quarter ended December 31, 2023, payable on March 15, 2024. During the fourth quarter of 2023, Teekay Parent repurchased a further $4.0 million of its outstanding common shares, bringing the total repurchases since the beginning of its share repurchase programs in August 2022 to $65.8 million at an average price of $5.21 per share. Hamilton, Bermuda , February 22, 2024 - Teekay Corporation ( Teekay or the Company ) (NYSETK) today reported results for the three and twelve months ended December 31,