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

Alternate Symbol(s): SEAL.P.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 42 liquefied petroleum gas (LPG), Ethane and multi-gas carriers (including four new buildings). It has ownership interests in these vessels range from 20 to 100 %. In addition, the Company also owns a 30 % interest in an LNG regasification terminal. The 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. Its vessels include Al Areesh, Al Daayen, Al Huwaila, Al Kharsaah, Al Khuwair, Al Marrouna, Al Shamal, Alular, Antwerpen, BW Tokyo, Caesar, Chukar, Cougar, Cubal, Eduard Toll, and others.

NYSE:SEAL.P.A - Post by User

Seapeak 9 00 Cumulative Redeemable Perpetual Prf Shs Series A

Bullboard Posts

Post by elliott39on Aug 22, 2009 9:54am

463 Views

Post# 16240517

Overlooked

Anyone there? Swapped out of SSW into TGP 6 months back. I felt that the business of shipping NG was a fairly secure industry even if the the price of NG slipped to new lows. It might even prompt more industry to ship back to NG for basic power needs and hence increase the demand for carriers. Many countries are looking more and more to the import of LNG as the spread between oil and NG increases. I am not an expert in global energy demand and could be mistaken however trading in this stock would indicate some serious accumulation. Nice dividend too.

Any comments or insider info ?????????????

Cheers

Bullboard Posts

Nord Precious Metals reveals silver zone at Castle East