Seapeak LLC

Seapeak LLC

SEAL-PB
Seapeak LLCUS flagNew York Stock Exchange
25.66
USD
-0.01
- -
2.56BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
399
403
398
396
433
511
601
591
598
624
727
711
637
624
Operating Margin (%)
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
32.83
Depreciation Expense
98
94
92
96
106
124
137
130
131
128
146
143
144
152
Net Income, GAAP
201
205
201
140
34
28
153
87
243
224
305
-68
42
75
Effective Tax Rate (%)
2.36
3.34
1.24
0.61
1.66
10.68
4.35
3.46
2.62
3.28
3.11
- -
10.71
5.73
Profit Margin (%)
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
11.97
Working Capital
-67
-118
-180
-29
-485
-33
-119
-259
-149
-363
-133
-187
-408
-510
LT Debt
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
2,092
Total Equity
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
2,225
Return on Invested Capital (%)
4.88
4.89
5.14
5.05
4.5
3.69
5.36
5.49
5.3
4.5
5.1
- -
4
3.91
Return on Capital (%)
10.77
11.36
11.17
8.43
3.88
4.68
8.97
6.61
12.31
11.46
15.68
- -
7.39
8.68
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
345
525
553
LT Borrowings
764
596
639
LT Finance Leases
1,606
1,574
1,452
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
283
299
217
Cash, Cash Equivalents & STI
134
144
103
Accounts Receivable, Net
24
2
24
Inventories
- -
- -
- -
Total Current Liabilities
514
707
727
Payables & Accruals
124
88
131
ST Debt
345
525
553
Deferred Revenue
33
35
29

Growth Rates

FRC

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

FRC

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Mark J. Kremin
Full Time Employees
2,897
Sector
Energy
Industry
Oil & Gas Midstream
Address
Suite 2000 Vancouver Canada V6C 2K2
IPO Date
Oct 18, 2017
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

APIChat
  • Seapeak: Maintaining Preferred Stock Position Despite Russia Sanctions

  • Seapeak: The 8.9% Yielding Preferred Shares Remain Attractive

  • Seapeak's Preferred Shares Offer A 9.3% Yield

  • Seapeak's Preferred Shares: 9%+ Dividend Yield

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