Teekay LNG Partners Reports Record Second Quarter 2020 Results
HighlightsGAAP net income attributable to the partners and preferred unitholders of $44.9 million and GAAP net income per common unit of $0.46 in the second quarter of 2020.Adjusted net income(1) attributable to the partners and preferred unitholders of $62.6 million and adjusted net income per common unit of $0.67 in the second quarter of 2020 (excluding other items listed in Appendix A to this release).Total adjusted EBITDA(1) of $192.3 million in the second quarter of 2020, representing another quarterly record and up nearly 19 percent from the same quarter of the prior year.Eighth consecutive quarterly increase in total adjusted EBITDA(1).Fixed-rate charters performing as expected; reaffirming 2020 financial guidance(2).HAMILTON, Bermuda, Aug. 13, 2020 (GLOBE NEWSWIRE) — Teekay GP L.L.C., the general partner (the General Partner)...
