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 (SEAL-PA) has reported Construction in Progress for 16 consecutive years, with $377.0 million the latest figure, recorded in Q1 2026.
- Construction in Progress for Q1 2026 came in at $377.0 million, up 52.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $377.0 million (up 52.9% YoY), and the FY2025 annual result was $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.
- Over five years, Construction in Progress peaked at $377.0 million in Q1 2026 and troughed 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 soared 76.81% — and 2025, when it gained 6.11%.
- Year by year, 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.
- Per Business Quant, the three latest SEAL-PA Construction in Progress figures stand at $377.0 million (Q1 2026), $301.6 million (Q4 2025), and $275.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 2.64 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | Seapeak | - | - | 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 |