William Utt - Teekay Independent Chairman of the Board

TK Stock  USD 7.06  0.12  1.67%   

Chairman

Mr. William P. Utt is Independent Chairman of the Board of the Company. He is an Independent Director of Teekay Corporation and Teekay Offshore. He was also appointed as Independent Chairman of the Board of Teekay Offshore, effective June 15, 2017. Mr. Utt was a Teekay Board member since December 2015, and has over 30 years of engineering and energy industry experience. Until his retirement in 2014, he served as Chairman, President and Chief Executive Officer of KBR Inc., a global engineering, construction and services company. Before that, Mr. Utt served as the President and CEO of SUEZ Energy North America and President and CEO of Tractebel North American energy businesses since 2017.
Age 60
Tenure 7 years
Address Belvedere Building, Hamilton, Bermuda, HM 08
Phone441 298 2530
Webhttps://www.teekay.com
Utt also currently serves as Chairman on the Board of Directors at Cobalt International Energy, a position he has held since June 2016, and is a member of the Board of Directors for Brand Energy & Infrastructure Services, a Clayton, Dubilier & Rice, LLC portfolio company.

Teekay Management Efficiency

The company has Return on Asset (ROA) of 0.1489 % which means that for every $100 of assets, it generated a profit of $0.1489. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3265 %, which means that it produced $0.3265 on every 100 dollars invested by current stockholders. Teekay's management efficiency ratios could be used to measure how well Teekay manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.07 this year. Return On Capital Employed is expected to rise to 0.26 this year. Change To Liabilities is expected to rise to 0.00 this year, although the value of Total Current Liabilities will most likely fall to about 164.2 M.
The company reports 215.91 M of total liabilities with total debt to equity ratio (D/E) of 0.5, which is normal for its line of buisiness. Teekay has a current ratio of 2.87, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Teekay until it has trouble settling it off, either with new capital or with free cash flow. So, Teekay's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Teekay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Teekay to invest in growth at high rates of return. When we think about Teekay's use of debt, we should always consider it together with cash and equity.

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Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda. Teekay Shipping operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2500 people. Teekay (TK) is traded on New York Stock Exchange in USA. It is located in Belvedere Building, Hamilton, Bermuda, HM 08 and employs 2,300 people. Teekay is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Teekay Leadership Team

Elected by the shareholders, the Teekay's board of directors comprises two types of representatives: Teekay inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teekay. The board's role is to monitor Teekay's management team and ensure that shareholders' interests are well served. Teekay's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Teekay's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Evensen, CEO and President and Director
Sean Day, Independent Chairman of the Board
Brody Speers, VP Treasurer
Vincent Lok, Chief Financial Officer, Executive Vice President
William Hung, Executive Vice President - Strategic Development
Arthur Bensler, Executive VP, General Counsel and Corporate Secretary
Mark Kremin, President, Chief Executive Officer of Teekay Gas Group Ltd.
Peter Janson, Independent Director
Peter Antturi, Independent Director
Eileen Mercier, Independent Director
Lee Edwards, Financial Analyst
Kevin Mackay, President and Chief Executive Officer - Teekay Tanker Services, a division of Teekay
Ryan Hamilton, IR Contact Officer
Alan Semple, Independent Director
Kent Alekson, IR Contact
Bjorn Moller, Independent Director
C Day, Independent Director
William Utt, Independent Chairman of the Board
KuoYuen Hsu, Independent Director
Tore Sandvold, Independent Director
Kenneth Hvid, President, Chief Executive Officer, Director
David Glendinning, President of Teekay Gas Services
David Schellenberg, Independent Chairman of the Board
Rudolph Krediet, Independent Director
Peter Lytzen, President and CEO of Teekay Petrojarl AS
Ingvild Sther, President Ltd
Ingvild Saether, President, Chief Executive Officer of Teekay Offshore Group Ltd.
Heidi Simon, Independent Director
Axel Karlshoej, Independent Chairman Emeritus
Frans Lotz, Secretary Counsel

Teekay Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Teekay a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Teekay is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Teekay's price analysis, check to measure Teekay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teekay is operating at the current time. Most of Teekay's value examination focuses on studying past and present price action to predict the probability of Teekay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay's price. Additionally, you may evaluate how the addition of Teekay to your portfolios can decrease your overall portfolio volatility.
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Is Teekay's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
1.54
Revenue Per Share
15.505
Quarterly Revenue Growth
(0.14)
Return On Assets
0.1489
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay's market value can be influenced by many factors that don't directly affect Teekay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.