Seapeak LLC

Chart & Performance

D1W1MN

Profile

Teekay LNG Partners L.P. provides marine transportation services focusing on liquefied natural gas (LNG) and liquefied petroleum gas (LPG) worldwide. It operates in two segments, LNG and LPG. The company transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. As of December 31, 2020, it had a fleet of 47 LNG carriers and 30 LPG and multi-gas carriers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was incorporated in 2004 and is based in Hamilton, Bermuda.

URL

https://www.seapeak.com/

IPO date

May 05, 2005

Employees

2,119

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	710,744 -2.21%	726,791 16.38%	624,480 4.46%
Cost of revenue	422,479	439,516	390,083
Unusual Expense (Income)
NOPBT	288,265	287,275	234,397
NOPBT Margin	40.56%	39.53%	37.53%
Operating Taxes	(2,486)	10,211	8,185
Tax Rate		3.55%	3.49%
NOPAT	290,751	277,064	226,212
Net income	(68,106) -122.36%	304,542 35.90%	224,092 -7.65%
Dividends	(275,117)	(74,941)	(25,606)
Dividend yield	10.96%	3.05%	1.23%
Proceeds from repurchase of equity		495,806	525,019
BB yield		-20.16%	-25.14%
Debt
Debt current	306,511	297,931	609,290
Long-term debt	4,208,134	4,113,885	4,228,393
Deferred revenue			(4,735)
Other long-term liabilities	114,045	97,529	91,713
Net debt	2,368,015	2,241,957	2,890,994
Cash flow
Cash from operating activities	395,288	362,664	276,777
CAPEX	(257,733)	(147,970)	(108,024)
Cash from investing activities	(200,067)	(70,401)	(280,063)
Cash from financing activities	(191,647)	(373,815)	127,175
FCF	556,298	514,152	(399,027)
Balance
Cash	174,654	188,981	232,073
Long term investments	1,971,976	1,980,878	1,714,616
Excess cash	2,111,093	2,133,519	1,915,465
Stockholders' equity	96,396	2,677,079	160,563
Invested Capital	2,804,741	703,929	3,124,610
ROIC	16.57%	14.47%	7.58%
ROCE	5.54%	5.20%	4.21%
EV
Common stock shares outstanding	99,950	99,949	88,600
Price	25.11 2.07%	24.60 4.37%	23.57 -7.06%
Market cap	2,509,744 2.07%	2,458,745 17.74%	2,088,302 -5.45%
EV	4,938,072	5,071,332	5,341,309
EBITDA	430,929	433,003	362,856
EV/EBITDA	11.46	11.71	14.72
Interest	178,417	187,506	137,129
Interest/NOPBT	61.89%	65.27%	58.50%