Craft

Capital Product Partners

Stock Price

$19.3

2024-10-25

Market Capitalization

$979.2 M

2024-10-25

Revenue

$440 M

FY, 2024

Capital Product Partners Summary

Company Summary

Overview
Capital Product Partners L.P. (Nasdaq: CPLP) is an international, diversified shipping company and leader in the seaborne transportation of a wide range of cargoes, including crude oil, refined oil products, such as gasoline, diesel, fuel oil, jet fuel and edible oils, as well as dry cargo and containerized goods. As a publicly traded master limited partnership, CPLP has elected to be treated as a C-Corp. for tax purposes which is most beneficial for U.S. investors (as they receive the standard 1099 form). The Partnership is well-positioned to benefit from the long-term growth dynamics of the global shipping industry and to capitalize on potential acquisition opportunities in the fragmented shipping market. CPLP benefits from the commercial and technical management agreement with its Sponsor, Capital Maritime & Trading Corp. (“Capital Maritime”), an established and reputable diversified shipping company.
Type
Public
Status
Active
Founded
2007
HQ
Pireas, GR | view all locations
Website
http://www.capitalpplp.com/overview.cfm
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Keith Forman, Director and Chairman of the Board

    • Nikolaos Kalapotharakos, Chief Financial Officer

      • Dimitris P. Christacopoulos, Director

        • Gurpal Grewal, Director

          LocationsView all

          2 locations detected

          • Pireas HQ

            Greece

            3 Iasonos

          • New York, NY

            United States

            230 Park Ave #1536

          Capital Product Partners Financials

          Summary Financials

          Revenue (FY, 2024)
          $440.0M
          Gross profit (FY, 2024)
          $440.0M
          Net income (FY, 2024)
          $193.6M
          Cash (FY, 2024)
          $314.0M
          EBIT (FY, 2024)
          $232.8M
          Enterprise value
          $3.2B

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