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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 (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 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 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.
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.
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.
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. (CPLP) witnessed a jump in share price last session on above-average trading volume.
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. (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.