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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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.

Capital Product Partners LP Brands, Inc. (CPLP) CEO Gerasimos Kalogiratos on Q3 2021 Results - Earnings Call Transcript

The mean of analysts' price targets for Capital Product Partners L.P. (CPLP) points to a 25.3% upside in the stock.

Wall Street Analysts Predict a 25% Upside in Capital Product Partners L.P. (CPLP): Here's What You Should Know

ATHENS, Greece, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership,” “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its previously announced offering of €150 million of unsecured bonds (the “Bonds”) in Greece. The Bonds will be guaranteed by CPLP. The Bonds will mature in 2026 and will have a coupon of 2.65%, payable semi-annually. The offering is subject to customary closing conditions, and settlement is expected to occur on October 22, 2021. The trading of the Bonds on the Athens Exchange is expected to commence on October 25, 2021.

Capital Product Partners L.P. Announces Pricing of €150 Million Unsecured Bonds

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ATHENS, Greece, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership,” “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC (the “Issuer”), plans to offer in Greece up to €150 million of unsecured bonds (the “Bonds”) which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange. The Bonds will be guaranteed by CPLP.

Capital Product Partners L.P. Announces Offering Of Senior Unsecured Bonds On The Athens Exchange

ATHENS, Greece, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report, detailing the company's ESG strategy and performance.

Capital Product Partners L.P. Announces Availability of 2020 Sustainability Report

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Is Capital Product Partners (CPLP) a great pick from the value investor's perspective right now? Read on to know more.

Should Value Investors Select Capital Product Partners (CPLP) Stock?

ATHENS, Greece, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership,” “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has agreed to acquire three 174,000 cubic meter (“cbm”) latest generation X-DF LNG carriers from CGC Operating Corp. (the “Seller”), for total consideration of $599.5 million comprised of (i) $147.1 million of cash on hand, (ii) the assumption of the $427.4 million of secured debt, (iii) the issuance of $15.0 million of new common units of CPLP at a premium to the current trading unit price and (iv) $10.0 million of unsecured, interest free seller financing. The three vessels are the LNG/C Aristos I built in 2020, and the LNG/C Aristarchos and the LNG/C Aristidis I built in 2021, all three constructed at Hyundai Heavy Industries Co., Ltd (“Hyundai”). The LNG/C Aristos I and the LNG/C Aristarchos are expected to be delivered to the Partnership by September 15, while the LNG/C Aristidis I is expected to be delivered by the end of November 2021.

Capital Product Partners L.P. Announces the Acquisition of Three Latest Generation LNG Carriers

Capital Product Partners has very low debt (Net Debt to Capitalization below 30%) and a plain vanilla capital structure that can be enhanced to fuel growth initiatives. In addition, the partnership has substantial liquidity aided by the sale of 2 containership vessels for almost $200 million, fetching near-record prices.

Capital Product Partners: Positive Momentum Set To Continue

Capital Product Partners L.P. (NASDAQ: CPLP) reported second-quarter revenue growth of 9% year-over-year to $38.9 million, beating the consensus estimate of $37.49 million.

Capital Product Partners Beats Q2 Earnings Estimates

Capital Product Partners LP (CPLP) CEO Gerasimos Kalogiratos on Q2 2021 Results - Earnings Call Transcript

ATHENS, Greece, July 30, 2021 (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, 2021.

Capital Product Partners L.P. Announces Second Quarter 2021 Financial Results

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ATHENS, Greece, July 23, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on July 30, 2021, CPLP will release financial results for the second quarter ended June 30, 2021.

Capital Product Partners L.P. Schedules Second Quarter 2021 Earnings Release, Conference Call and Webcast

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Capital Product Partners: Blue Skies Ahead

ATHENS, Greece, May 17, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that the M/V 'CMA CGM Magdalena' (115,639 dwt / 9,288 TEU, Eco-Flex, Wide Beam Containership built 2016, Daewoo-Mangalia Heavy Industries S.Α.) was delivered to its new owners generating gross proceeds from the sale of approximately $49.2 million after repaying outstanding debt. The Partnership previously announced that had entered into a memorandum of agreement for the sale of the M/V 'CMA CGM Magdalena' and the M/V ‘Adonis' (115,145 dwt / 9,288 TEU, Eco-Flex, Wide Beam Containership built 2015, Daewoo-Mangalia Heavy Industries S.Α.) expected to be delivered in July/August 2021 to an unaffiliated third party for a total consideration of $195.0 million.

Capital Product Partners L.P. Announces the Delivery of the M/V CMA CGM Magdalena to Its New Owners

ATHENS, Greece, May 06, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the "Partnership") (NASDAQ: CPLP), an international owner of ocean-going vessels, announces the filing of its annual report on Form 20-F for the year ended December 31, 2020, which includes the Partnership's audited financial statements, with the U.S. Securities and Exchange Commission (SEC). An electronic copy of the filing is now accessible on the Partnership's website at www.capitalpplp.com.

Capital Product Partners L.P. Announces Filing of Form 20-F With the SEC

ATHENS, Greece, April 29, 2021 (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, 2021.

Capital Product Partners L.P. Announces First Quarter 2021 Financial Results

Capital Product Partners (CPLP) has moved higher as of late, but there could definitely be trouble on the horizon for this company

News for Capital Product Partners Stock (CPLP)