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Capital Product Partners LP (CPLP.OQ)

CPLP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Capital Product Partners Q3 earnings per share $0.05
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Capital Product Partners LP ::Capital Product Partners L.P. announces third quarter 2017 financial results and the successful refinancing of substantially all of the partnership's indebtedness.Q3 revenue $62.7 million versus I/B/E/S view $60.5 million.Q3 earnings per share $0.05.Q3 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.Capital Product Partners - ‍product tanker spot market modestly improved in Q3 versus previous quarter, but rates remained at relatively depressed levels​.Capital Product Partners LP - ‍expect that co will consider a potential reduction in capital reserve from next quarter onwards​.Capital Product Partners - ‍product tanker spot market saw a short-lived increase in oil product movements in wake of hurricane Harvey.Capital Product Partners - ‍sentiment in Suezmax spot market was "soft" during Q3, as rates further retreated versus preceding quarter.Capital product partners- ‍incremental product tanker demand in Q3 offset by high tonnage availability following firm fleet expansion since start of 2017​.Capital Product Partners LP - ‍rapid fleet growth was a key factor for weak spot rate environment in Suezmax tanker market​ during quarter.Capital Product Partners-‍over last few months, OECD oil product stocks been decreasing, which bodes well for product tanker demand in medium to long run.  Full Article

Capital Product Partners reports Q4 EPS $0.09
Tuesday, 31 Jan 2017 

Capital Product Partners Lp : Capital Product Partners announces fourth quarter 2016 financial results, an increase to its common distribution, certain amendments to one of its management agreements and fleet employment updates . Q4 revenue $62.4 million versus I/B/E/S view $60.5 million . Q4 earnings per share $0.09 . Q4 earnings per share view $0.08 -- Thomson Reuters I/B/E/S . Charter coverage for 2017 has increased to 82 percent ."Product tanker spot rates remained depressed for most of Q4 of 2016".  Full Article

Capital Product Partners Q2 earnings per share $0.10
Friday, 29 Jul 2016 

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

BRIEF-Capital Product Partners Q3 earnings per share $0.05

* Capital Product Partners L.P. announces third quarter 2017 financial results and the successful refinancing of substantially all of the partnership's indebtedness