Company research
Seapeak LLC
CIK 1308106Updated Sep 26, 2026
Name history
Teekay LNG Partners L.P. · through Mar 9, 2022
SEAL PRA price & chart
This symbol dialect needs an exact provider mapping.
In the news
No coverage from other publishers is available.
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 5,137,634,000Source | 5,378,721,000Source | 5,661,601,000Source | 5,768,695,000Source |
| Property, Plant and Equipment, NetUSD | 328,616,000Source | 731,318,000Source | 932,414,000Source | 1,016,050,000Source |
| GoodwillUSD | 37,308,000Source | 37,308,000Source | 40,308,000Source | 40,308,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 13,500,000Source | 20,434,000Source | 30,447,000Source | 42,080,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 122,906,000Source | 153,726,000Source | 168,409,000Source | 215,738,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 30,620,000Source | 29,058,000Source | 31,269,000Source | 50,670,000Source |
| Assets, CurrentUSD | 298,936,000Source | 290,066,000Source | 307,210,000Source | 440,006,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | 0Source | 7,772,000Source | 15,034,000Source |
| Other Assets, NoncurrentUSD | 33,707,000Source | 28,858,000Source | 34,875,000Source | 47,068,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,947,645,000Source | 3,072,027,000Source | 2,984,522,000Source | 3,406,937,000Source |
| Stockholders’ equity: | ||||
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 18,986,000Source | 36,083,000Source | 31,347,000Source | 40,517,000Source |
| Liabilities and EquityUSD | 5,137,634,000Source | 5,378,721,000Source | 5,661,601,000Source | 5,768,695,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 706,620,000Source | 477,401,000Source | 440,116,000Source | 803,450,000Source |
| Operating Lease, Liability, CurrentUSD | — | 0Source | 9,905,000Source | 9,634,000Source |
| Accounts Payable, CurrentUSD | 8,524,000Source | 7,093,000Source | 6,692,000Source | 52,009,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 0Source | 9,905,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | 894,000Source | — | — |
| Other Liabilities, NoncurrentUSD | 71,489,000Source | 88,764,000Source | 78,582,000Source | 83,058,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 126,826,000Source | 100,060,000Source | 89,852,000Source | 89,013,000Source |
| Deferred Revenue, CurrentUSD | 5,696,000Source | 5,715,000Source | — | — |
| Dividends Payable, CurrentUSD | 6,279,000Source | 6,279,000Source | 6,279,000Source | 6,365,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 296,188,000Source | 177,093,000Source | 107,820,000Source | 477,168,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 595,867,000Source | 882,446,000Source | 960,202,000Source | 927,277,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 25,991,000Source | -95,821,000Source | 317,716,000Source | 241,553,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,562,000Source | -2,211,000Source | -19,402,000Source | 4,373,000Source |
| Deferred Income Tax Expense (Benefit)USD | -982,000Source | -3,741,000Source | 6,528,000Source | 1,786,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | 395,288,000Source | 362,664,000Source | 276,777,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | 3,000,000Source | 223,137,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -200,067,000Source | -70,401,000Source | -280,063,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 61,271,000Source | 257,733,000Source | 147,970,000Source | 108,024,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | -191,647,000Source | -373,815,000Source | 127,175,000Source |
| Repayments of Long-term DebtUSD | 195,858,000Source | 106,903,000Source | 242,925,000Source | 110,593,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 145,154,000Source | 187,968,000Source | 184,394,000Source | 265,946,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 168,300,000Source | 175,000,000Source | 186,900,000Source | 156,100,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 4,148,000Source | 4,418,000Source | 6,367,000Source | 6,949,000Source |
| Amortization of Intangible AssetsUSD | 6,900,000Source | 10,000,000Source | 11,600,000Source | 8,400,000Source |
| DepreciationUSD | 123,000,000Source | 113,400,000Source | 102,200,000Source | 102,400,000Source |
| Dividends Payable, CurrentUSD | 6,279,000Source | 6,279,000Source | 6,279,000Source | 6,365,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -6,236,000Source | -1,396,000Source | -5,354,000Source | 25,478,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -7,112,000Source | -2,884,000Source | 9,183,000Source | 29,884,000Source |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | -71,006,000Source | -382,770,000Source | 27,991,000Source | -54,397,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 6,331,000Source | 5,064,000Source | — |
| General and Administrative ExpenseUSD | 34,452,000Source | 29,088,000Source | 30,911,000Source | 25,470,000Source |
| GoodwillUSD | 37,308,000Source | 37,308,000Source | 40,308,000Source | 40,308,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 93,241,000Source | 122,279,000Source | 149,006,000Source | 118,432,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | 24,742,000Source | 56,948,000Source | 72,296,000Source | 20,664,000Source |
| Income Tax Expense (Benefit)USD | 3,116,000Source | -2,486,000Source | 10,211,000Source | 8,185,000Source |
| Investment Income, InterestUSD | — | 14,101,000Source | 11,412,000Source | 8,132,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 16,438,000Source | 27,715,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 17,313,000Source | -93,223,000Source | 279,601,000Source | 197,746,000Source |
| Operating Costs and ExpensesUSD | 222,640,000Source | 230,896,000Source | 232,660,000Source | 192,149,000Source |
| Operating Lease, ExpenseUSD | 0Source | 8,237,000Source | 8,777,000Source | 9,396,000Source |
| Other Nonoperating Income (Expense)USD | -21,499,000Source | -16,032,000Source | 21,110,000Source | -8,192,000Source |
| Proceeds from Contributed CapitalUSD | — | — | — | 6,000,000Source |
| Proceeds from Contributions from ParentUSD | 0Source | 0Source | 86,180,000Source | 135,306,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 426,833,000Source | 550,885,000Source | 190,000,000Source | 367,709,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 21,700,000Source | 22,300,000Source | -17,700,000Source | -9,400,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | -32,602,000Source | 32,215,000Source | 3,226,000Source | 70,650,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 636,958,000Source | 710,744,000Source | 726,791,000Source | 624,480,000Source |
| Cost of RevenueUSD | 12,081,000Source | 11,594,000Source | 21,440,000Source | 34,609,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 130,870,000Source | -94,505,000Source | 315,266,000Source | 177,349,000Source |
| Other Nonoperating Income (Expense)USD | -21,499,000Source | -16,032,000Source | 21,110,000Source | -8,192,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 29,107,000Source | -98,307,000Source | 327,927,000Source | 249,738,000Source |
| Income Tax Expense (Benefit)USD | 3,116,000Source | -2,486,000Source | 10,211,000Source | 8,185,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 16,438,000Source | 27,715,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 6,900,000Source | 10,000,000Source | 11,600,000Source | 8,400,000Source |
| Current Income Tax Expense (Benefit)USD | 4,098,000Source | 1,255,000Source | 3,683,000Source | 6,399,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 143,982,000Source | 142,664,000Source | 145,728,000Source | 128,459,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -6,236,000Source | -1,396,000Source | -5,354,000Source | 25,478,000Source |
| General and Administrative ExpenseUSD | 34,452,000Source | 29,088,000Source | 30,911,000Source | 25,470,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 93,241,000Source | 122,279,000Source | 149,006,000Source | 118,432,000Source |
| Interest ExpenseUSD | 165,350,000Source | 178,417,000Source | 187,506,000Source | 137,129,000Source |
| Investment Income, InterestUSD | — | 14,101,000Source | 11,412,000Source | 8,132,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 17,313,000Source | -93,223,000Source | 279,601,000Source | 197,746,000Source |
| Operating Costs and ExpensesUSD | 222,640,000Source | 230,896,000Source | 232,660,000Source | 192,149,000Source |
| Operating Lease, ExpenseUSD | 0Source | 8,237,000Source | 8,777,000Source | 9,396,000Source |