Seapeak (SEAL-PA) Construction in Progress (2009 - 2026)
Seapeak (SEAL-PA) posted Construction in Progress of $377.0 million for Q1 2026, up 25.02% on a QoQ basis from $301.6 million in Q4 2025, and up 52.9% year-over-year from $246.6 million in Q1 2025.
Seapeak (SEAL-PA) Construction in Progress (2009 - 2026) Analysis & Trends
Seapeak's Construction in Progress history runs 16 years deep, the most recent figure standing at $377.0 million for Q1 2026.
- Quarterly Construction in Progress rose 52.9% year-over-year to $377.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $377.0 million (up 52.9% YoY) and the FY2025 annual result came in at $301.6 million, up 24.02% from the prior year.
- Construction in Progress was $377.0 million for Q1 2026 at Seapeak, up from $301.6 million in the prior quarter.
- Across five years, Construction in Progress topped out at $377.0 million in Q1 2026 and bottomed at $129.3 million in Q4 2022.
- A 5-year average of $244.5 million and a median of $237.7 million in 2024 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2023 — Construction in Progress surged 76.81% — and 2025, when it climbed 6.11%.
- Seapeak's Construction in Progress stood at $129.3 million in 2022, then jumped by 76.81% to $228.6 million in 2023, then increased by 6.4% to $243.2 million in 2024, then climbed by 24.02% to $301.6 million in 2025, then gained by 25.02% to $377.0 million in 2026.
- Business Quant data shows SEAL-PA's Construction in Progress at $377.0 million in Q1 2026, $301.6 million in Q4 2025, and $275.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 55.68 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.64 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 58.08 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Seapeak | 2.23 Bn | 2.12 Bn | 144.77 Mn | 377.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 377.04 Mn |
| Dec 31, 2025 | 301.60 Mn |
| Sep 30, 2025 | 275.54 Mn |
| Jun 30, 2025 | 250.31 Mn |
| Mar 31, 2025 | 246.59 Mn |
| Dec 31, 2024 | 243.19 Mn |
| Sep 30, 2024 | 239.60 Mn |
| Jun 30, 2024 | 235.90 Mn |
| Mar 31, 2024 | 232.22 Mn |
| Dec 31, 2023 | 228.56 Mn |
| Sep 30, 2023 | 224.93 Mn |
| Jun 30, 2023 | 221.24 Mn |
| Mar 31, 2023 | 217.68 Mn |
| Dec 31, 2022 | 129.27 Mn |
| Mar 31, 2019 | 1.29 Bn |
| Dec 31, 2018 | 86.94 Mn |
| Sep 30, 2018 | 172.25 Mn |
| Jun 30, 2018 | 349.17 Mn |
| Mar 31, 2018 | 407.21 Mn |
| Dec 31, 2017 | 444.49 Mn |