Teekay LNG Partners LP (Teekay LNG Partners LP) Construction In Progress : $228.6 Mil (As of Dec. 2023)

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What is Teekay LNG Partners LP Construction In Progress?

Teekay LNG Partners LP's quarterly construction in progress increased from Jun. 2023 ($221.2 Mil) to Sep. 2023 ($224.9 Mil) and increased from Sep. 2023 ($224.9 Mil) to Dec. 2023 ($228.6 Mil).

Teekay LNG Partners LP's annual construction in progress increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($129.3 Mil) and increased from Dec. 2022 ($129.3 Mil) to Dec. 2023 ($228.6 Mil).

Teekay LNG Partners LP Construction In Progress Historical Data

The historical data trend for Teekay LNG Partners LP's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Teekay LNG Partners LP Construction In Progress Chart

Teekay LNG Partners LP Annual Data

Trend

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Construction In Progress

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129.27

228.56

Teekay LNG Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															129.27	217.68	221.24	224.93	228.56

Teekay LNG Partners LP Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Teekay LNG Partners LP (Teekay LNG Partners LP) Business Description

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SEALpB.PFD:USA SEALpA.PFD:USA

Address

550 Burrard Street, Suite 2000, Bentall 5, Vancouver, BC, CAN, V6C 2K2

Website

https://www.seapeak.com

Seapeak LLC is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. The company operates into two segments namely: the LNG segment and the NGL segment. The Company has renamed its LPG segment as the NGL segment. LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate charters to international energy companies. NGL segment consists of LPG, Ethane and multi-gas carriers which generally operate under voyage charters or time charters. It derives maximum revenue from the LNG segment. The majority of these services are provided through either a time charter, voyage charter, and bareboat charter contract.