How To Prepare Lobster Bisque? Lobster bisque is a decadent blend of lobster, butter, veggies, cream, tomato paste and cognac, not necessarily something to enjoy on a daily basis, but definitely a treat once in a while. It is hearty enough to serve as an entree with a side salad and crusty bread, but light enough for a first cour... Similar Editorial : The Best Lobster Bisque Recipe by Greg Roy. | Source : Shellfish And Fish