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Teekay Offshore Partners Slips To Loss In Q3 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Teekay Offshore Partners LP (TOO) announced that its third-quarter net loss attributable to Limited partners' units was $11.02 million, compared to net income of $20.63 million in the year ago quarter. Adjusted net income attributable to Limited partners' units for the latest quarter was $8.0 million. Voyage revenues for the quarter were $206.94 million, down from $252.23 million in the year ago quarter.

For the nine-month period, net income attributable to Limited partners' units was $39.38 million, compared to $31.77 million in the year ago quarter. Voyage revenues for the period was $608.46 million, down from $728.42 million in the year ago period.

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