Seapeak (SEAL-PB) Interest Expenses (2009 - 2026)
Seapeak (SEAL-PB) reported Interest Expenses of -$36.7 million for Q1 2026, up 13.54% on a YoY basis from -$32.3 million in Q1 2025, and down 112.59% quarter-over-quarter from $291.5 million in Q4 2025.
Seapeak (SEAL-PB) Interest Expenses (2009 - 2026) Analysis & Trends
Seapeak has reported Interest Expenses for 18 years, with the latest figure at -$36.7 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 13.54% year-over-year to -$36.7 million; the trailing twelve-month figure through Mar 2026 stood at $171.1 million (down 4.77% YoY), and the FY2025 full-year result was $165.4 million, down 7.32% from the prior year.
- Interest Expenses for Q1 2026 stood at -$36.7 million, down from $291.5 million in the prior quarter.
- The five-year high for Interest Expenses was $328.9 million in Q4 2023, with the low at -$47.9 million in Q3 2023.
- Historically, Interest Expenses has averaged $37.2 million across 5 years, with a median of -$41.4 million in 2025.
- The largest YoY upside for Interest Expenses was 40.64% in 2023 against a maximum downside of 57.8% in 2023.
- Seapeak's Interest Expenses stood at $233.8 million in 2022, then jumped by 40.64% to $328.9 million in 2023, then decreased by 5.05% to $312.2 million in 2024, then declined by 6.65% to $291.5 million in 2025, then tumbled by 112.59% to -$36.7 million in 2026.
- The last three Interest Expenses figures came in at -$36.7 million (Q1 2026), $291.5 million (Q4 2025), and -$41.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Seapeak | - | - | 144.77 Mn | -36.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -36.70 Mn |
| Mar 31, 2026 | -36.70 Mn |
| Dec 31, 2025 | 291.48 Mn |
| Dec 31, 2025 | 291.48 Mn |
| Sep 30, 2025 | -41.35 Mn |
| Sep 30, 2025 | -41.35 Mn |
| Jun 30, 2025 | -42.33 Mn |
| Jun 30, 2025 | -42.33 Mn |
| Mar 31, 2025 | -42.45 Mn |
| Mar 31, 2025 | -42.45 Mn |
| Dec 31, 2024 | 312.24 Mn |
| Dec 31, 2024 | 312.24 Mn |
| Sep 30, 2024 | -44.62 Mn |
| Sep 30, 2024 | -44.62 Mn |
| Jun 30, 2024 | -45.52 Mn |
| Jun 30, 2024 | -45.52 Mn |
| Mar 31, 2024 | -43.69 Mn |
| Mar 31, 2024 | -43.69 Mn |
| Dec 31, 2023 | 328.85 Mn |
| Dec 31, 2023 | 328.85 Mn |