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Seapeak LLC 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred

Seapeak LLC 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred

25.52
USD
+0.18
(+0.72%)
0.53EPS
54.03P/E
2.52BMarket Cap
Nov 05Next Earn
Seapeak LLC 8.50% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred
NYSE:SEAL/PA
(New York Stock Exchange)

Recent

price

25.52

P/E

ratio

54.03

div

yld

0.98%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
7.02
6.43
5.92
5.63
5.33
5.04
4.98
5.43
6.41
7.69
7.09
6.86
7.05
7.27
7.11
6.37
6.19
Revenue per Share
1.52
1.33
1.54
2.48
2.3
2.21
1.7
0.25
0.03
1.59
0.73
2.45
2.23
2.8
-0.93
0.17
0.47
Basic EPS, GAAP
2.78
0.97
2.29
-2.6
0.03
0.61
-1.9
-6.15
-6.97
2.57
7.36
2.28
3.13
3.63
3.95
2.73
2.48
Free Cash Flow per Basic Share
2.54
2.69
2.95
3.04
3.18
3.24
0.57
0.71
0.88
1.05
1.25
1.43
0.29
0.75
2.75
1.25
0.25
Dividend per Share
16.26
17.17
17.41
18.74
19.63
19.1
21.84
23.6
23.1
23.5
19.47
21.42
25.77
25.86
22.48
21.48
22.02
Book Value per Share
13.37
14.75
15.32
16.96
18.05
17.66
20.51
22.38
22
22.49
18.67
20.72
24.84
25.15
21.9
20.97
21.54
Tangible Book Value per Share
53
59
66
71
76
79
80
80
80
78
83
87
89
100
100
100
100
Basic Weighted Avg Shares
374
380
393
399
403
398
396
433
511
601
591
598
624
727
711
637
619
Sales/Revenue/Turnover
46.74
45.6
45.09
44.62
46.12
46.58
48.47
46.05
40
48.07
46.88
41.76
37.53
39.53
40.56
35.14
31.37
Operating Margin (%)
89
92
100
98
94
92
96
106
124
137
130
131
128
146
143
144
159
Depreciation Expense
90
90
124
201
205
201
140
34
28
153
87
243
224
305
-68
42
72
Net Income, GAAP
1.77
0.8
0.45
2.36
3.34
1.24
0.61
1.66
10.68
4.35
3.46
2.62
3.28
3.11
- -
10.71
3.05
Effective Tax Rate (%)
24.03
23.62
31.49
50.4
50.99
50.47
35.43
7.85
5.55
25.41
14.78
40.59
35.88
41.9
-9.58
6.66
11.6
Profit Margin (%)
-367
-107
-72
-67
-118
-180
-29
-485
-33
-119
-259
-149
-363
-133
-187
-408
-455
Working Capital
1,793
1,830
1,894
2,247
1,809
1,857
1,955
2,150
3,051
2,800
2,497
2,419
2,512
2,442
2,481
2,169
2,129
LT Debt
913
1,140
1,254
1,444
1,547
1,544
1,777
1,931
1,883
1,877
1,746
1,929
2,362
2,677
2,307
2,190
2,243
Total Equity
5.36
5.43
4.59
4.83
4.84
5.03
4.02
3.36
2.67
5.55
4.48
5.24
3.41
5.6
- -
2.34
2.41
Return on Invested Capital (%)
4.11
4.16
5.06
6.84
6.82
6.38
4.8
2.27
2.92
5.79
4.22
7.53
6.74
8.68
- -
4.14
4.8
Return on Capital (%)
9
7.8
8.8
13.51
11.9
11.42
8.29
1.08
0.14
6.82
3.45
11.99
9.54
11.49
-3.86
0.79
2.14
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
525
553
587
LT Borrowings
596
639
545
LT Finance Leases
1,574
1,452
1,584
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
2,534
2,519
2,519

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
299
217
366
Cash, Cash Equivalents & STI
144
103
147
Accounts Receivable, Net
2
24
25
Inventories
- -
- -
- -
Total Current Liabilities
707
727
821
Payables & Accruals
88
131
185
ST Debt
525
553
587
Deferred Revenue
35
29
30

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.14%
5.47%
-5.06%
Free Cash Flow
-13.07%
-3.87%
-30.97%
Net Income, GAAP
19.47%
-15.73%
-162.3%
Sales/Revenue/Turnover
5.22%
1.88%
-10.38%
Total Cash Common Dividend
-660.21%
-1,319.13%
-60%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
179
176
176
180
711
2025
160
159
159
158
637
2026
147
153
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.76
0.63
0.28
-2.6
-0.93
2025
0.03
0.17
-0.36
0.33
0.17
2026
0.35
0.14
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.07
0.06
0.56
0.06
2.75
2025
1.06
0.06
0.06
0.06
1.25
2026
0.06
0.06
- -
- -
- -
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Business
Seapeak LLC owns and operates one of the world's largest independent fleets of liquefied gas carriers, providing marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG), ethane, multi-gas carriers, and petrochemical gases including ethylene, propylene, butadiene, and ammonia; it also holds a 30% interest in an LNG regasification terminal in Bahrain. The company operates through two segments, LNG and NGL, with ownership interests ranging from 20% to 100% in approximately 49 LNG carriers (including five newbuildings), 46 LPG/ethane/multi-gas carriers (including 12 newbuildings), delivering services primarily under long-term, fee-based time charters and voyage charters to international energy companies worldwide. Founded in 2004 and headquartered in Vancouver, Canada, with mailing address at 550 Burrard Street, Suite 2000, Seapeak LLC (formerly Teekay LNG Partners L.P., rebranded in February 2022 following Stonepeak Infrastructure Partners' acquisition) expanded its LNG fleet in late 2024 by acquiring the 2021-built, 174,000 cbm dual-fuel LNG carrier Marvel Swan from Navigare Capital Partners for $213 million, assuming a time charter to Mitsui & Co. through 2030 with extension options; the company continues to pursue opportunities for vessels completing charters in 2024-2025 and declared distributions on its Series A and B preferred units (NYSE: SEAL-PR A and SEAL-PB) in September 2024 for the second quarter.

Company News

Company News APIChatGPT

  • seekingalpha.com

    Seapeak: Maintaining Preferred Stock Position Despite Russia Sanctions

  • seekingalpha.com

    Seapeak: The 8.9% Yielding Preferred Shares Remain Attractive

  • seekingalpha.com

    Seapeak's Preferred Shares Offer A 9.3% Yield

  • seekingalpha.com

    Seapeak's Preferred Shares: 9%+ Dividend Yield

  • seekingalpha.com

    Seapeak: The 9%-Plus Yielding Preferred Shares Have Never Been This Robust