Seapeak (SEAL-PB) Construction in Progress (2009 - 2026)

Seapeak (SEAL-PB) reported Construction in Progress of $377.0 million for Q1 2026, up 52.9% on a YoY basis from $246.6 million in Q1 2025, and up 25.02% quarter-over-quarter from $301.6 million in Q4 2025.

Seapeak (SEAL-PB) Construction in Progress (2009 - 2026) Analysis & Trends

Seapeak has reported Construction in Progress for 16 years, with the latest figure at $377.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress rose 52.9% year-over-year to $377.0 million; the trailing twelve-month figure through Mar 2026 stood at $377.0 million (up 52.9% YoY), and the FY2025 full-year result was $301.6 million, up 24.02% from the prior year.
  • Construction in Progress for Q1 2026 stood at $377.0 million, up from $301.6 million in the prior quarter.
  • The five-year high for Construction in Progress was $377.0 million in Q1 2026, with the low at $129.3 million in Q4 2022.
  • Historically, Construction in Progress has averaged $244.5 million across 5 years, with a median of $237.7 million in 2024.
  • Annual changes were most pronounced in 2023 — Construction in Progress surged 76.81% — and 2025, when it rose 6.11%.
  • Seapeak's Construction in Progress stood at $129.3 million in 2022, then surged by 76.81% to $228.6 million in 2023, then climbed by 6.4% to $243.2 million in 2024, then gained by 24.02% to $301.6 million in 2025, then increased by 25.02% to $377.0 million in 2026.
  • The last three Construction in Progress figures came in at $377.0 million (Q1 2026), $301.6 million (Q4 2025), and $275.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 2.64 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 69.07 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 11.47 Mn
10 Seapeak - - 144.77 Mn 377.04 Mn

Historic Data

Download Data
DateValue
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