Capital Product Partners

Capital Product Partners LP is a shipping company, which engages in the seaborne transportation of containerized goods and dry cargo. It owns panamax container and capesize bulk carrier vessels. The company was founded on January 16, 2007 and is headquartered in Piraeus, Greece.

Earnings data Q4 2020

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Capital Product Partners reports Q4 results, focuses on growth

Capital Product Partners navigated Q4 2022 with mixed financial results, balancing revenue growth with increased expenses and interest costs.
The company's strategic moves, including unit repurchases, acquisitions, and charter coverage, reflect a focus on long-term sustainability and growth.
While facing challenges such as rising costs, Capital Product Partners remains positioned to leverage opportunities in vessel acquisitions and market conditions.
Investors should monitor the company's financial performance and strategic decisions to assess its resilience and value creation potential.

Capital Product Partners reports Q1 2023 mixed results amid growth opportunities

Capital Product Partners reported mixed financial performance in Q1 2023 with lower net income but higher total revenue, driven by completed transactions and new employment.
The partnership faces challenges related to declining profitability, increased debt, and tight margins, necessitating a focus on cost management and operational efficiency.
However, with a strong revenue backlog, high charter coverage, and growth opportunities through fleet expansion, Capital Product Partners is well-positioned for long-term success.
Strategic initiatives like partnerships or market diversification could further enhance the partnership's competitive position and drive future growth.

Capital Product Partners reports robust Q2 earnings amid market challenges

Capital Product Partners (CPLP) delivered a strong Q2 2023 performance, supported by operational efficiency and revenue growth.
While facing challenges from market fluctuations, CPLP's strategic positioning and robust revenue backlog offer stability and growth potential.
The partnership's focus on fleet enhancement, growth opportunities, and financial management underscores a balanced approach to long-term success.

Capital Product Partners reports robust Q3 earnings and strategic transformation

Capital Product Partners delivered a strong financial performance in Q3 2023, marked by revenue growth and strategic initiatives to enhance profitability.
While facing challenges in managing debt levels and undergoing a corporate structure conversion, the partnership remains focused on leveraging market opportunities and optimizing its asset portfolio.
With a clear strategic direction towards LNG carriers and asset optimization, Capital Product Partners is poised to capitalize on market trends and drive sustainable growth in the future.

Capital Product Partners reports strong Q4 earnings amidst strategic acquisitions

Capital Product Partners (CPLP) posted solid financial performance in Q4 2023, driven by strategic acquisitions and revenue generation. The company faces challenges related to high debt levels and complex restructuring plans. However, opportunities lie in securing long-term charter contracts and optimizing asset portfolio through divestment strategies.

Capital Product Partners reports robust Q1 earnings amidst LNG market dynamics

Capital Product Partners delivered a strong financial performance in Q1 2024, driven by newbuilding vessels and a gain on the sale of container vessels.
The partnership's focus on LNG vessels and a solid contracted revenue backlog provide revenue visibility and growth prospects.
However, challenges such as geopolitical disruptions and higher expenses need to be addressed to sustain profitability and financial health.
By capitalizing on market opportunities and managing challenges effectively, Capital Product Partners can enhance its position in the industry and drive future growth.

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Capital Clean Energy Carriers Corp. is an international shipping company, which engages in the seaborne transportation of natural gas, containerized goods and dry cargo. The company was founded on January 16, 2007 and is headquartered in Piraeus, Greece.

ATHENS, Greece, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has commenced its previously announced rights offering to raise proceeds of up to $500,000,000. Pursuant to the rights offering, CPLP is distributing to each holder of common units representing limited partnership interests in CPLP (the “Common Units”), for each Common Unit owned of record as of 5:00 p.m., New York City time, on November 24, 2023 (the “Record Date”), one non-transferable right to purchase 1.758657 Common Units at a subscription price of $14.25 per whole Common Unit (the “Rights Offering”). Fractional Common Units resulting from the exercise of rights will be eliminated by rounding down to the nearest whole Common Unit.

Capital Product Partners L.P. Announces Commencement of Rights Offering

Capital Product Partners L.P. (NASDAQ:CPLP ) Q3 2023 Earnings Conference Call November 13, 2023 9:00 AM ET Company Participants Jerry Kalogiratos - Chief Executive Officer Spyros Leoussis - Chief Commercial Officer Conference Call Participants Ben Nolan - Stifel Omar Nokta - Jefferies Liam Burke - B.

Capital Product Partners L.P. (CPLP) Q3 2023 Earnings Call Transcript

Capital Product Partners (NASDAQ:CPLP) LP announced on Monday an agreement to buy 11 new ships that carry liquid natural gas (LNG) from Capital Maritime & Trading Corp and Capital GP LLC for $3.13 billion.  The international owner of ocean-going vessels said the addition of 11 latest generation two stroke LNG carriers to its fleet from 2023 to 2027, would make it the largest US publicly listed owner of two stroke LNG carriers and would increase its contracted revenues by 87% increase to $3.1 billion.

Capital Product Partners to acquire 11 LNG carriers for $3.13B

Capital Product Partners L.P. CPLP, +0.54% said Monday it agreed to buy 11 new ships that carry liquid natural gas (LNG) from Capital Maritime & Trading Corp. and Capital GP LLC for $3.13 billion.

Capital Products buying LNG carriers for $3.13 billion

Highlights: 11 latest generation two stroke LNG Carriers to enter CPLP's fleet from 2023 to 2027, which would make the Partnership the largest US publicly listed owner of two stroke LNG carriers 1 Name change to Capital New Energy Carriers L.P. to reflect focus on LNG carriers and energy transition shipping Intention to convert into corporation with customary governance structure Right of First Refusal on two ammonia carriers and two liquid CO2 carriers on order by Capital Maritime, as well as on future two stroke LNG vessels and charters from Capital Maritime Intention to divest from non-core container vessels Significant funding support from Capital Maritime, including a no-fee, fully backstopped Rights Offering of $500.0 million and an unsecured non-amortizing Seller's Credit of $220.0 million ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P.

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.

ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the third quarter ended September 30, 2023.

Capital Product Partners L.P. Announces Third Quarter 2023 Financial Results

Capital Product Partners is a marine transportation company with a fleet of ships that transport LNG and other goods. The company faces challenges such as rising debt, dilution, and fixed-rate contracts that limit its ability to benefit from price increases. Despite its cheap valuation and strong growth, the company's issues and the overall underperformance of the marine transportation industry make it a risky investment.

Capital Product Partners: It's Cheap But Maybe For A Good Reason

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Shell PLC

The LNG shipping sector strengthened in Q3, gaining 1.74% while the S&P 500 index lost 2.52%. UPI outperformed SPX with bigger gains and lower volatility. Japan's "K" line had double-digit returns in both Q2 and Q3, while Excelerate Energy experienced a decline.

The Third Quarter Showed The Hidden Power Of LNG Shippers

ATHENS, Greece, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced a new date for the third quarter 2023 earnings release, conference call and webcast.

Capital Product Partners L.P. Announces New Date for Third Quarter 2023 Earnings Release, Conference Call and Webcast

ATHENS, Greece, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on November 10, 2023 CPLP will release financial results for the third quarter ended September 30, 2023.

Capital Product Partners L.P. Schedules Third Quarter 2023 Earnings Release, Conference Call and Webcast

ATHENS, Greece, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C., its general partner (the “General Partner”), has appointed Mr. Atsunori Kozuki to act as a member of the Board of Directors of the Partnership appointed by the General Partner in accordance with the provisions of the agreement of limited partnership of the Partnership, effective October 2, 2023.

Capital Product Partners L.P. Announces the Appointment of Director by Capital GP L.L.C.

ATHENS, Greece, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that it held its annual meeting of Limited Partners in Athens, Greece on September 22, 2023. At that meeting:

Capital Product Partners L.P. Announces Results of Its Annual Meeting of Limited Partners

ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) has called an annual meeting of the Limited Partners to be held at the Partnership's headquarters in Greece on September 22, 2023 at 11:30 am local time (the “Annual Meeting”).

Capital Product Partners L.P. Announces Annual Meeting of Limited Partners

ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C., its general partner (the “General Partner”), has re-appointed each of Messrs. Gerasimos (Jerry) Kalogiratos and Gurpal Grewal to act as members of the Board of Directors of the Partnership appointed by the General Partner in accordance with the provisions of the agreement of limited partnership of the Partnership (each such director, an “Appointed Director”), for an additional three year term commencing on the date of the Partnership's 2023 annual general meeting.

Capital Product Partners L.P. Announces the Re-Appointment of Directors by Capital GP L.L.C.

Capital Product Partners L.P. (NASDAQ:CPLP ) Q2 2023 Results Conference Call July 27, 2023 9:00 AM ET Company Participants Jerry Kalogiratos - CEO Conference Call Participants Omar Nokta - Jefferies Frank Galanti - Stifel Operator Thank you for standing by, and welcome to the Capital Product Partners Second Quarter 2023 Financial Results Conference Call.

Capital Product Partners L.P. (CPLP) Q2 2023 Earnings Call Transcript

ATHENS, Greece, July 28, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the second quarter ended June 30, 2023.

Capital Product Partners L.P. Announces Second Quarter 2023 Financial Results

Nippon Yusen KK

The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in the industry, with recent IPOs, merger deals, and takeovers, and investors maintaining faith in the sector's potential. The worst part of the year for LNG shippers is over, and positive expectations for the upcoming winter season could impact the UPI, potentially pushing it to cross the 155 mark in Q2.

The Second Quarter Provided LNG Shippers With A Stable Base Of Growth

ATHENS, Greece, July 20, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on July 28, 2023, CPLP will release financial results for the second quarter ended June 30, 2023.

Capital Product Partners L.P. Schedules Second Quarter 2023 Earnings Release, Conference Call and Webcast

Robust financial performance and growth prospects: CPLP has shown a 199.60% increase in operating cash flow per share and holds $1.89 billion in backlogged revenue. Strong position in the liquefied natural gas market: CPLP's contracted revenues primarily come from LNG assets, which are witnessing a surge in demand. Strategic debt management: Despite a substantial debt burden, CPLP has used the funds to acquire new vessels and expand its fleet. The debt is well-covered by cash flow.

Capital Product Partners L.P.: Undervalued Growth & Income

Capital Product Partners L.P. (CPLP) witnessed a jump in share price last session on above-average trading volume.

Strength Seen in Capital Product Partners L.P. (CPLP): Can Its 5.5% Jump Turn into More Strength?

Capital Product Partners L.P. (NASDAQ:CPLP ) Q1 2023 Results Conference Call May 5, 2023 10:00 AM ET Company Participants Jerry Kalogiratos - CEO Conference Call Participants Omar Nokta - Jefferies Ben Nolan - Stifel Liam Burke - B.

Capital Product Partners L.P. (CPLP) Q1 2023 Earnings Call Transcript

ATHENS, Greece, May 05, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the first quarter ended March 31, 2023.

Capital Product Partners L.P. Announces First Quarter 2023 Financial Results

Capital Product Partners L.P. (NASDAQ:CPLP ) Q4 2022 Earnings Conference Call February 3, 2023 9:00 AM ET Company Participants Gerasimos Kalogiratos - Chief Executive Officer Conference Call Participants Omar Nokta - Jefferies Research Services, LLC Liam Burke - B.

Capital Product Partners L.P. (CPLP) Q4 2022 Earnings Call Transcript

ATHENS, Greece, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended December 31, 2022.

Capital Product Partners L.P. Announces Fourth Quarter 2022 Financial Results

Capital Product Partners (CPLP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

News for Capital Product Partners Stock (CPLP)