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Seapeak Q2 FY26 net income falls 19.98% to $20.73 million; revenue slips 3.35% to $153.33 million

PUBT·08/26/2026 18:41:46
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Seapeak Q2 FY26 net income falls 19.98% to $20.73 million; revenue slips 3.35% to $153.33 million
  • Seapeak posted Q2 net income of USD 20.73 million, down 19.98% from USD 25.9 million a year earlier.
  • Voyage revenues slipped 3.35% to USD 153.33 million, while interest expense fell 16.22% to USD 35.46 million.
  • Other expense widened to USD 31.48 million from USD 1.23 million, driven by a USD 28.4 million Bahrain LNG Joint Venture sale loss.
  • Six-month net income rose to USD 61.2 million from USD 33.85 million, helped by a USD 20.13 million derivatives gain.
  • Bapco Energies exercised its option to buy the 30% Bahrain LNG Joint Venture stake and shareholder loans for USD 48.3 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seapeak LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-059061), on August 26, 2026, and is solely responsible for the information contained therein.