Seapeak LLC (SEAL.PRA) Gagner

Seapeak LLC is a BM-based company operating in industry. Seapeak LLC is an independent owner and operator of liquefied natural gas (LNG) carriers. The firm is engaged in providing liquefied gas services primarily under long-term, fee-based charters through its interests in approximately 49 LNG carriers (including five new buildings) and 44 natural gas liquid (NGL) carrier (including 12 new buildings). The firm has two reportable segments, the LNG segment and the NGL segment. The Company’s LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate time-charter contracts to international energy companies. The firm's NGL segment consists of LPG, Ethane and multi-gas carriers which generally operate under voyage charters or time-charters. The LNG terminal comprises of a floating storage unit, an offshore LNG receiving jetty and breakwater, an adjacent regasification platform, subsea gas pipelines from the platform to shore, an onshore gas receiving facility, and an onshore nitrogen production facility.