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Capital Product Partners LP (CPLP.O)

CPLP.O on Nasdaq

3.58USD
20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Capital Product Partners announces increased cash distribution
Wednesday, 18 Jan 2017 04:05pm EST 

Capital Product Partners LP : Capital Product Partners LP announces increased cash distribution .Capital Product Partners - declared cash distribution of $0.08/common unit for Q4 2016, represents increase of $0.005 from $0.075 per unit for Q3 2016.  Full Article

Capital Product Partners Q3 earnings per share $0.07
Monday, 31 Oct 2016 08:30am EDT 

Capital Product Partners Lp : Capital Product Partners L.P. - announces third quarter 2016 financial results, the acquisition of the product tanker m/t 'AMOR' and an increase to its quarterly distribution from the fourth quarter 2016 onwards to $0.08 per common unit . Q3 revenue $60.3 million versus I/B/E/S view $58.2 million . Q3 earnings per share $0.07 . Q3 earnings per share view $0.08 -- Thomson Reuters I/B/E/S .Capital Product Partners - Board decided to approve increase by 0.5 cents in quarterly distribution for Q4 2016 onwards to $0.08 per common unit.  Full Article

Capital Product Partners Q2 earnings per share $0.10
Friday, 29 Jul 2016 07:00am EDT 

Capital Product Partners Lp : As of june 30, 2016, partnership's total debt increased by $26.3 million to $597.9 million, versus $571.6 million as of december 31, 2015 . Capital product partners l.p. Announces second quarter 2016 financial results and fleet employment updates . Q2 revenue $60.9 million versus i/b/e/s view $60.9 million . Q2 earnings per share $0.10 . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . "product tanker market remained under pressure in q2 of 2016" .Impact of hmm vessels charter rate reduction will adversely affect our cash flows until end of 2019.  Full Article

Capital Product Partners LP declares cash distribution
Wednesday, 21 Oct 2015 04:05pm EDT 

Capital Product Partners LP:Declared a cash distribution of $0.2385 per common unit for the third quarter of 2015 ended Sept. 30, 2015, which represents an increase of $0.002 from $0.2365 per unit for the second quarter of 2015.  Full Article

Capital Product Partners LP Increases common and class B unit distributions
Thursday, 30 Jul 2015 07:30am EDT 

Capital Product Partners LP:Declares a cash distribution of $0.2365 per common unit for the second quarter of 2015, which represents an increase of $0.002 from $0.2345 per common unit for the first quarter of 2015.Says the second quarter common unit cash distribution will be paid on Aug. 14, to common unit holders of record on Aug. 7.Says n July 23, the board of directors of the partnership declared a cash distribution of $0.21775 per Class B Unit for the second quarter of 2015, in line with the Partnership's Second Amended and Restated Partnership Agreement, as amended.Says this represents an increase of $0.002 compared to the $0.21575 for the first quarter of 2015.Says the second quarter Class B Unit cash distribution will be paid on Aug. 10, to Class B Unitholders of record on Aug. 3.  Full Article

Capital Product Partners LP announces increased cash distribution
Thursday, 23 Jul 2015 04:02pm EDT 

Capital Product Partners LP:Declared a cash distribution of $0.2365 per common unit for the second quarter of 2015 ended June 30, 2015, which represents an increase of $0.002 from $0.2345 per unit for the first quarter of 201.The second quarter common unit cash distribution will be paid on August 14, 2015, to unit holders of record on August 7, 2015.  Full Article

Capital Product Partners LP announces management change
Friday, 12 Jun 2015 04:02pm EDT 

Capital Product Partners LP:Says departure of Petros Christodoulou as CEO and CFO and director of partnership.Says Christodoulou will step down effective June 30.Says Gerasimos Kalogiratos appointed CEO and CFO.  Full Article

Capital Product Partners LP increases cash distribution
Thursday, 23 Apr 2015 04:02pm EDT 

Capital Product Partners LP:Declares cash distribution of $0.2345 per common unit for Q1 ended March 31.Payable on May 13.Record date on May 7.  Full Article

Capital Product Partners LP announces the closing of its public offering
Tuesday, 21 Apr 2015 04:00pm EDT 

Capital Product Partners LP:Says Its public offering of 12,800,000 common units, including 1,100,000 common units sold to Capital Maritime & Trading Corp., CPLP's sponsor, closed on April 21, 2015.Underwriters have exercised the option to purchase an additional 1,755,000 common units at a price of $9.53 per unit granted to them by CPLP.As a result of the underwriters exercising the option to purchase additional common units, CPLP has sold a total of 14,555,000 common units and has received about $133,327,150 in net proceeds, before expenses.Under the proposed amendments, which are expected to be entered into shortly after the completion of the offering of common units, the non-amortizing period under the 2007, 2008 and 2011 credit facilities will be extended to the fourth quarter of 2017.CPLP's common units trade on the Nasdaq Global Market under the symbol CPLP.Joint book-running managers for this offering are UBS Investment Bank, BofA Merrill Lynch, Wells Fargo Securities and Raymond James.Co-lead managers are Barclays, Jefferies and Stifel, and the co-managers are Evercore ISI, Credit Agricole CIB, ING and SEB.  Full Article

Capital Product Partners LP prices 12,800,000 common units
Thursday, 16 Apr 2015 09:10am EDT 

Capital Product Partners LP:Prices public offering of 12,800,000 common units representing limited partnership interests at a public offering price of $9.53 per common unit.Intends to use net proceeds to prepay quarterly amortization installments scheduled for 2016 and Q1 2017 under 2007, 2008 and 2011 credit facilities pursuant to proposed amendments to these credit facilities and to pay related fees and expenses and for general partnership purposes.Offering is expected to close on April 21.Says joint book-running managers for this offering are UBS Investment Bank, BofA Merrill Lynch, Wells Fargo Securities and Raymond James.Says co-lead managers are Barclays, Jefferies and Stifel, and the co-managers are Evercore, Credit Agricole CIB, ING and SEB.  Full Article