Jefferies initiated coverage on Capital Product Partners with a new price target
$CPLP
Marine Transportation
Consumer Discretionary
Jefferies initiated coverage of Capital Product Partners with a rating of Buy and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2024 | $22.00 → $18.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $20.00 | Buy | Jefferies |
Company today has become a corporation renamed "Capital Clean Energy Carriers Corp." ("CCEC"), emphasizing the company's strategic pivot to the LNG and energy transition businessUpon delivery of all contracted for vessels by 3Q27, CCEC expects to become the largest U.S.-listed LNG transportation company and well-positioned for future growth ATHENS, Greece, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. ("CCEC", "we" or "us") (NASDAQ:CCEC), an international owner of ocean-going vessels, announces today completion of our conversion from a Marshall Islands limited partnership named "Capital Product Partners L.P." to a Marshall Islands corporation (the "Conversion") and
To become a corporation and adopt enhanced standards of corporate governance and transparency for investorsTo be renamed "Capital Clean Energy Carriers Corp." ("CCEC"), emphasizing the company's strategic pivot to the LNG and energy transition businessUpon delivery of all contracted vessels, CCEC expected to become the largest U.S.-listed LNG transportation company and well-positioned for future growth ATHENS, Greece, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. ("CPLP", "we" or "us") (NASDAQ:CPLP), an international owner of ocean-going vessels, announces today the approval by a majority of our unitholders, the conflicts committee of our Board of Directors (the "Commi
ATHENS, Greece, July 29, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP) today announced that before the NASDAQ market opens on August 2, 2024, CPLP will release financial results for the second quarter ended June 30, 2024. On the same day, Friday, August 2, 2024, CPLP will host an interactive conference call at 9:00 a.m. Eastern Time to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In). Please quote "Capital Product Partners" to the operator and/or conference ID 1
Capital Product Partners L.P. (the "Partnership", "CPLP" or "we" / "us") (NASDAQ:CPLP), an international owner of ocean-going vessels, today announces an important strategic investment in 10 latest technology gas carriers. Highlights of the transactionInvestment in 10 new gas carriers (the "Gas Fleet") for USD 756.0 million with expected deliveries between the first quarter of 2026 and the third quarter of 2027Six vessels are Dual Fuel Medium Gas Carriers ("MGCs") and four are Liquid CO2 Handy Multi Gas Carriers ("LCO2s")Key strategic expansion with an eye to the energy transition, adding complementary gas capability to core Liquefied Natural Gas ("LNG") competence and including pioneering v
Capital Product Partners (NASDAQ:CPLP) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.36 by 11.11 percent. The company reported quarterly sales of $104.500 million which missed the analyst consensus estimate of $105.525 million by 0.97 percent. This is a 28.99 percent increase over sales of $81.016 million the same period last year.
Stifel analyst Benjamin Nolan maintains Capital Product Partners (NASDAQ:CPLP) with a Buy and lowers the price target from $21 to $20.
SC 13D/A - Capital Clean Energy Carriers Corp. (0001392326) (Subject)
SC 13D/A - Capital Clean Energy Carriers Corp. (0001392326) (Subject)
SC 13D/A - Capital Clean Energy Carriers Corp. (0001392326) (Subject)
8-A12B/A - Capital Clean Energy Carriers Corp. (0001392326) (Filer)
6-K - Capital Clean Energy Carriers Corp. (0001392326) (Filer)
6-K - Capital Product Partners L.P. (0001392326) (Filer)
Jefferies downgraded Capital Product Partners from Buy to Hold and set a new price target of $18.00 from $22.00 previously
Jefferies initiated coverage of Capital Product Partners with a rating of Buy and set a new price target of $20.00
Jefferies upgraded Capital Product Partners from Hold to Buy and set a new price target of $16.00 from $8.50 previously
ATHENS, Greece, July 29, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP) today announced that before the NASDAQ market opens on August 2, 2024, CPLP will release financial results for the second quarter ended June 30, 2024. On the same day, Friday, August 2, 2024, CPLP will host an interactive conference call at 9:00 a.m. Eastern Time to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In). Please quote "Capital Product Partners" to the operator and/or conference ID 1
ATHENS, Greece, April 30, 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 its financial results for the first quarter ended March 31, 2024. Highlights Three-month periods ended March 31, 20242023Increase / (Decrease)Revenues$104.5 million$81.0 million29%Expenses$54.9 million$45.1 million22%Interest expense and finance cost$34.0 million$23.7 million43%Net Income$33.9 million$10.0 million239%Adjusted Net Income (excluding gain on sale of vessels)1$17.5 million$10.0 million75%Net Income per common unit$0.61$0.4924%Adjusted Net Income per common unit (excluding gain
ATHENS, Greece, April 25, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP) today announced that before the NASDAQ market opens on April 30, 2024, CPLP will release financial results for the first quarter ended March 31, 2024. On the same day, Tuesday, April 30, 2024, CPLP will host an interactive conference call at 9:00 a.m. Eastern Time to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In). Please quote "Capital Product Partners" to the operator and/or conference
ATHENS, Greece, May 09, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the "Partnership", "CPLP" or "we" / "us") (NASDAQ:CPLP), an international owner of ocean-going vessels, is pleased to announce the appointment of Brian Gallagher as Executive Vice President for Investor Relations. Brian previously held the position of Head of Investor Relations at Euronav NV from 2014 until the end of 2023 and served on the executive management board from 2016 onwards. CEO Jerry Kalogiratos said: "We are very pleased to strengthen our communications and senior management team with Brian's appointment. He brings a decade's worth of shipping knowledge from his time at Euronav where his experie
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"), has appointed Mr. Atsunori Kozuki to act as a member of the Board of Directors of the Partnership appointed by the General Partner in accordance with the provisions of the agreement of limited partnership of the Partnership, effective October 2, 2023. Brief Biography of Mr. Kozuki Mr. Kozuki served as Principal Project Developer and previously as General Manager for INPEX Corporation, in charge of LNG business development and marketing. Mr. Kozuki has more than 34 years of experience in LNG b
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, Greece on September 22, 2023. At that meeting: Rory Hussey was re-elected to act as a Class I Director until the Partnership's 2026 annual meeting of Limited Partners ("Proposal One");The appointment of Deloitte Certified Public Accountants S.A., as independent registered public accounting firm for the fiscal year ending December 31, 2023, was ratified ("Proposal Two"). No other actions were taken at the meeting. Proposal One was approved by 91.37% of the Partnership's common units entitled to vo