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Seapeak 9 00 Cumulative Redeemable Perpetual Prf Shs Series A SEAL.PR.A

Alternate Symbol(s):  SEAL.PR.B

Seapeak LLC is an independent owner and operator of liquefied natural gas (LNG) carriers. The Company 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 Company 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 Company'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.


NYSE:SEAL.PR.A - Post by User

Comment by George98on Jul 25, 2018 9:44am
295 Views
Post# 28363877

RE:Opened a position in TGP today...

RE:Opened a position in TGP today...TGP has a ton of debt and  very high leverage. Avoid it. Avoid shipping too.
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