Capital Product Partners L.P. (CPLP)
Market Cap | 935.22M |
Revenue (ttm) | 360.59M |
Net Income (ttm) | 45.60M |
Shares Out | 55.34M |
EPS (ttm) | 2.15 |
PE Ratio | 7.87 |
Forward PE | n/a |
Dividend | $0.60 (3.58%) |
Ex-Dividend Date | Feb 5, 2024 |
Volume | 13,410 |
Open | 16.78 |
Previous Close | 16.93 |
Day's Range | 16.53 - 17.34 |
52-Week Range | 12.02 - 18.85 |
Beta | 0.87 |
Analysts | Strong Buy |
Price Target | 22.00 (+31.34%) |
Earnings Date | May 3, 2024 |
About CPLP
Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. The company's vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. It also owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol... [Read more]
Financial Performance
In 2023, CPLP's revenue was $360.59 million, an increase of 20.57% compared to the previous year's $299.07 million. Earnings were $45.60 million, a decrease of -61.87%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CPLP stock is "Strong Buy." The 12-month stock price forecast is $22.0, which is an increase of 31.34% from the latest price.
News
Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels
ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that the Partnership entered into a memo...
Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels
ATHENS, Greece, March 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has entered into a memorandum of...
Capital Product Partners L.P. Announces Fourth Quarter 2023 Financial Results
ATHENS, Greece, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released...
Capital Product Partners L.P. Schedules Fourth Quarter 2023 Earnings Release, Conference Call and Webcast
ATHENS, Greece, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on February 2, 2024, CPLP will release financial resu...
Capital Product Partners L.P. Announces Cash Distribution
ATHENS, Greece, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.15 per common unit for...
Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Axios II'
ATHENS, Greece, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it successfully took delivery of the...
Capital Product Partners L.P. Announces Closing of Transaction to Acquire 11 Newbuild LNG Carriers Pursuant to Umbrella Agreement
ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the closing of the umbrella agreement (the “Umb...
Capital Product Partners L.P. Announces Results of Rights Offering
ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the final results of its previously announced r...
Capital Product Partners L.P. Announces Commencement of Rights Offering
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 ...
Capital Products buying LNG carriers for $3.13 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 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.
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 Nam...
Capital Product Partners L.P. Announces Third Quarter 2023 Financial Results
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...
Capital Product Partners L.P. Announces New Date for Third Quarter 2023 Earnings Release, Conference Call and Webcast
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. Schedules 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 resu...
Capital Product Partners L.P. Announces the Appointment of Director by Capital GP L.L.C.
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”), ...
Capital Product Partners L.P. Announces Results of Its Annual Meeting of Limited Partners
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, Greec...
Capital Product Partners L.P. Announces the Re-Appointment of Directors by Capital GP L.L.C.
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”), ...
Capital Product Partners L.P. Announces 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 ...
Capital Product Partners L.P. Announces Second Quarter 2023 Financial Results
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...
Capital Product Partners L.P. Schedules Second Quarter 2023 Earnings Release, Conference Call and Webcast
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...
Capital Product Partners L.P. Announces First Quarter 2023 Financial Results
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 ...
Capital Product Partners L.P. Announces Fourth Quarter 2022 Financial Results
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...
Capital Product Partners L.P. Schedules Fourth Quarter 2022 Earnings Release, Conference Call and Webcast
ATHENS, Greece, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on February 3, 2023, CPLP will release financial resu...
U.S. Taxation Rules on PTPs Do Not Affect Capital Product Partners L.P.'s Unit Holders
ATHENS, Greece, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, announced toda...
Capital Product Partners L.P. Announces Third Quarter 2022 Financial Results
ATHENS, Greece, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released...