Stock Taper
Seapeak LLC, based in Vancouver, Canada, operates a global fleet of 47 LNG, 33 LPG, and 10 multi-gas carriers, providing marine transportation services for LNG and LPG worldwide since 2004.

Seapeak specializes in global LNG transportation using a modern fleet, including advanced 174,000-cubic meter MEGA propulsion carriers, emphasizing efficiency and environmental sustainability.
Seapeak LLC announced a net loss of $47.1 million for the third quarter of 2025, a stark contrast to previous periods. The loss was primarily driven by a $61.8 million impairment charge on its older steam turbine LNG carriers, reflecting a strategic shift in valuing these assets and adverse market conditions. This financial event was accompanied by restructuring charges related to the reduction of its Spanish workforce and the laying up of several vessels.
In response to adverse market conditions and weak demand for older steam turbine LNG carriers, Seapeak initiated a restructuring of its Spanish-flag operations, involving crew reductions. The company also reassessed the future of this vessel class, leading to a significant financial write-down and the likelihood of vessel sales.
Overall rating: B
| PEER | PRICE | |
|---|---|---|
SM | $37.26 | COMPARE |
INSW | $121.00 | COMPARE |
STNG | $88.06 | COMPARE |
WHD | $63.27 | COMPARE |
TDW | $84.50 | COMPARE |
HP | $40.52 | COMPARE |
KNTK | $54.29 | COMPARE |
BSM | $14.82 | COMPARE |