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| 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 |