Seapeak, formerly Teekay LNG Partners, reported robust financial performance in 2023 with total revenue of almost $727M. The preferred dividends of Seapeak have excellent coverage ratios, with less th...

Seapeak's Q3 results showed a substantial increase in income from vessel operations, but higher interest expenses and lower equity income affected consolidated results. The preferred dividends of Seap...

Seapeak continues to pay the dividends on its preferred shares, although private equity group Stonepeak needs to inject more cash. Those cash injections are making the balance sheet (and the preferred...

Teekay LNG Partners was acquired by Stonepeak, a private equity firm. That's usually bad news for preferred shareholders if the shares don't get called as the interests usually don't  align.