Capital Product Partners L.P. Stock Price, News & Analysis

Capital Product Partners L.P. (NASDAQ: CPLP) is set to release its third quarter financial results for the period ending September 30, 2022, on November 9, 2022. The announcement will occur before the NASDAQ market opens, followed by an interactive conference call at 9:00 AM Eastern Time. Participants can access the call through designated dial-in numbers or the 'call me' option for convenience. CPLP, which currently owns 20 vessels, is an international owner of ocean-going vessels, focusing on the transportation of LNG and containerized cargo.

Capital Product Partners L.P. (NASDAQ:CPLP) announced a cash distribution of $0.15 per common unit for Q3 2022, ending September 30, 2022. This distribution will be payable on November 10, 2022 to holders of record as of November 2, 2022. CPLP operates a fleet of 20 vessels, including LNG carriers and container vessels, positioning itself as a significant player in the maritime industry.

On September 22, 2022, Capital Product Partners L.P. (CPLP) held its annual meeting of Limited Partners in Athens, Greece. Key outcomes included the re-election of Keith Forman and Eleni Tsoukala as Class III Directors until the 2025 annual meeting, approved by 89.75% and 89.68% of votes, respectively. Deloitte Certified Public Accountants S.A. was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2022, with an approval of 98.87%. CPLP owns 19 vessels and plans to acquire additional container vessels and LNG carriers by mid-2023.

Capital Product Partners L.P. (CPLP) announced an increase in the day rate for its LNG carriers, Aristarchos and Asklipios, along with an extension of their firm charter periods by approximately 6.4 years. The firm contracted revenues from these charters surged from $118.4 million to $485.7 million, effective September 1, 2022. This extension brings the total remaining charter duration for CPLP’s fleet to 7.0 years, a notable increase from 6.2 years as of June 30, 2022.

Capital Product Partners L.P. (NASDAQ: CPLP) will hold its annual meeting of Limited Partners on September 22, 2022, at its headquarters in Greece. Unitholders registered by July 26, 2022, are eligible to vote. Formal meeting notices, proxy statements, and the Annual Report on Form 20-F will be sent to unitholders, with materials accessible online. Currently, CPLP operates a fleet of 19 vessels, including LNG carriers and container vessels, with plans to acquire additional ships between late 2022 and mid-2023.

Capital Product Partners L.P. (CPLP) reported strong Q2 2022 results, with revenues of $74.0 million, an 86% increase from Q2 2021. However, net income fell to $20.4 million, down 42% year-over-year, largely due to a prior year's sale gain. The Partnership's average number of vessels rose 27%, contributing significantly to revenue. Total expenses increased 60% to $40.9 million, driven by higher voyage and operating costs. CPLP announced a cash distribution of $0.15 per common unit and plans to acquire four vessels valued at $597.5 million.

Capital Product Partners L.P. (NASDAQ: CPLP) announced it will release its second-quarter results for 2022 on July 29, before the New York market opens. Management will host a conference call at 9:00 a.m. Eastern Time to discuss the financial outcomes. Participants can register for the call via the provided link and will receive dial-in information. The company owns 19 vessels, including LNG carriers and container vessels, and has further acquisitions planned. Investors are advised to stay informed through the company's website for updates and archived content.

Capital Product Partners L.P. (NASDAQ:CPLP) has declared a cash distribution of $0.15 per common unit for Q2 2022, ending June 30. This distribution will be paid on August 12, 2022, to unit holders on record as of August 8, 2022. CPLP operates as an international owner of ocean-going vessels, currently owning 20 vessels, which includes six LNG carriers and various container vessels. Additionally, CPLP is set to acquire further assets between Q3 2022 and Q2 2023.

Capital Product Partners L.P. (NASDAQ: CPLP) will release its second-quarter financial results for the period ending June 30, 2022, before the NASDAQ market opens on July 29, 2022. An interactive conference call is scheduled for the same day at 9:00 am Eastern Time to discuss these results. The company currently owns 20 vessels, including six LNG carriers and ten Neo-Panamax container vessels, while preparing to acquire additional vessels in the coming year. Investors can register for the call and access slides and audio webcasts on CPLP's official website.