From This Might Be A Wiki

This song is literally about a Penguin.[edit]

The lyrics "Standing, sleeping" make a lot of sense, as penguins sleep standing up. "Looks for a place to park" could refer to how it's in a whole crowd of penguins. "He knows there's trouble up ahead": The narrator is talking about how the penguin is aware of the approaching winter months. It's anyone's guess why the song is called "Penguine" with an "E" though. --Mr. Vanity Klaw 12:50, October 21, 2012

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about a penguin.