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Capital Clean Energy Carriers Corp.(CCEC)
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Capital Clean Energy Carriers: A New Name, A New Growth Engine, A Compelling Buy
Seeking Alpha· 2025-06-12 15:36
Company Overview - Capital Clean Energy Carriers (NASDAQ: CCEC) is currently valued at $21.29 per share, reflecting a 16% increase in its share price since the beginning of the year [1]. Investment Philosophy - The investment approach focuses on long-term value creation, emphasizing strong fundamentals, competitive advantages, and effective capital allocation by management teams [1]. - The strategy is influenced by classic value investors, seeking quality businesses trading below their intrinsic value and favoring long-term holdings [1]. Market Engagement - The company engages with a community of investors through platforms like Seeking Alpha, aiming to provide well-researched analysis and foster thoughtful discussions about market trends [1].
Capital Clean Energy Carriers Corp. Announces Implementation of Dividend Reinvestment Plan
Globenewswire· 2025-06-10 20:05
ATHENS, Greece, June 10, 2025 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) (the “Company” or “our”) today announced that it has implemented a Dividend Reinvestment Plan (the “Plan”) to provide our shareholders with a convenient and economical way to reinvest cash dividends to purchase our common shares. The Plan is open to existing shareholders of the Company and investors who become shareholders of the Company in the future outside of the Plan. Participants in the Plan may: Automat ...
Capital Clean Energy Carriers Corp.(CCEC) - 2025 Q1 - Earnings Call Transcript
2025-05-08 15:02
Capital Clean Energy Carriers (CCEC) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Brian Gallagher - Executive Vice President of Investor RelationGerasimos Kalogiratos - CEO and DirectorNikos Tripodakis - Chief Commercial OfficerJonathan Chappell - Senior Managing DirectorLiam Burke - Managing DirectorNikos Kalapotharakos - CFOOmar Nokta - Managing DirectorCliment Molins - Head of Shipping Research Conference Call Participants Alexander Bidwell - Associate Analyst Operator Thank you fo ...
Capital Clean Energy Carriers Corp.(CCEC) - 2025 Q1 - Earnings Call Transcript
2025-05-08 15:00
Capital Clean Energy Carriers (CCEC) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Thank you for standing by, and welcome to the Capital Clean Energy Carrier Corp first quarter twenty twenty five financial results conference call. We have with us mister Jerry Collodiarata, chief executive officer, mister Brian Gallagher, executive vice president, investor relations, and mister Nikos Chubodakis, chief commercial officer. At this time, all participants are in a listen only mode. There'll be a presen ...
Capital Clean Energy Carriers Corp. (CCEC) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 14:16
Capital Clean Energy Carriers Corp. (CCEC) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 52.78%. A quarter ago, it was expected that this company would post earnings of $0.36 per share when it actually produced earnings of $0.36, delivering no surprise.Over the last four quarters, t ...
Capital Clean Energy Carriers Corp.(CCEC) - 2025 Q1 - Earnings Call Presentation
2025-05-08 13:42
May 8, 2025 capitalcleanenergycarriers.com Q1 2025 EARNINGS PRESENTATION Important Notice This presentation contains forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward-looking statements include all statements that express forecasts, expectations, plans, outlook, objectives and projections with respect to futur ...
Capital Clean Energy Carriers Corp. Announces First Quarter 2025 Financial Results and Employment for Two LNG Carriers ("LNG/C") Under Construction
Globenewswire· 2025-05-08 12:00
ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company,” “CCEC”, “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today released its financial results for the first quarter ended March 31, 2025. Key Quarterly Highlights New long term time charter agreements (“TC”) for two LNG/Cs under construction and exercise of certain options for three of our in-the-water LNG/Cs Contracted revenue backlog increased to $3.1 billion or $4.5 billion inc ...
Capital Clean Energy Carriers Corp. (CCEC) Soars 7.1%: Is Further Upside Left in the Stock?
ZACKS· 2025-05-05 09:40
Capital Clean Energy Carriers Corp. (CCEC) shares ended the last trading session 7.1% higher at $19.75. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.9% loss over the past four weeks.Shares of CCEC, which will release first-quarter 2025 results on May 8, gained due to signs of the tariff-related tensions easing. The shipping industry is responsible for transporting goods involved in world trade. The slowdown in ...
Capital Clean Energy Carriers Corp. Schedules First Quarter 2025 Earnings Release, Conference Call and Webcast
Globenewswire· 2025-05-02 13:10
Core Viewpoint - Capital Clean Energy Carriers Corp. (CCEC) is set to release its financial results for the first quarter ended March 31, 2025, before the NASDAQ market opens on May 8, 2025, followed by an interactive conference call to discuss these results [1]. Company Overview - Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) is an international shipping company specializing in gas carriage solutions, focusing on energy transition [5]. - The company's fleet includes 15 high specification vessels, comprising 12 latest generation LNG carriers and three legacy Neo-Panamax container vessels [5]. - CCEC has six additional latest generation LNG carriers, six dual-fuel medium gas carriers, and four handy liquid CO2/multi-gas carriers under construction, scheduled for delivery in 2026 and 2027 [5].
Capital Clean Energy Carriers Corp.(CCEC) - 2024 Q4 - Annual Report
2025-04-17 21:15
Financial Position - As of December 31, 2024, total cash and cash equivalents were $336.5 million, with restricted cash amounting to $22.5 million [463]. - Total shareholders' equity increased to $1,342.9 million as of December 31, 2024, reflecting a net income of $193.6 million for the year [470]. - Total borrowings as of December 31, 2024, were $2,598.3 million, up from $1,690.4 million in 2023 [491]. Cash Flow - Net cash provided by operating activities for the year ended December 31, 2024, was $194.5 million, an increase of $104.0 million compared to 2023 [481]. - Cash proceeds from financing activities for the year ended December 31, 2024, were $742.3 million, primarily from new financing arrangements [488]. Investment Activities - Net cash used in investing activities for the year ended December 31, 2024, amounted to $1,201.2 million, primarily for vessel acquisitions [484]. - Future minimum charter hire receipts for 2025 are projected at $400.9 million, contributing to a total of $2,248.7 million through 2029 [467]. - The company entered into an Umbrella Agreement for the acquisition of Newbuild LNG/C Vessels for a total price of $3,130.0 million [471]. - The company expects to pay an additional $582.3 million for the Remaining Vessels, with expected deliveries between Q3 2026 and Q1 2027 [473]. Financing Arrangements - The vessel-owning company entered into a new credit facility with BNP for up to $192.0 million to partially finance the construction of the LNG/C Apostolos, fully drawn in June 2024 [495]. - A sale and lease back agreement of up to $240.0 million was established for the full repayment of the 2024 – LNG/C Apostolos credit facility, with a duration of eight years [495]. - The LNG/C Aktoras credit facility was secured with Piraeus for up to $240.0 million, fully drawn in June 2024, with a duration of seven years [496]. - Amendments to sale and lease back agreements with Bocomm reduced interest and extended maturity by two years, involving initial indebtedness of $148.9 million and $155.4 million for LNG/C Aristos I and LNG/C Aristarchos respectively [497]. - A new sale and lease back agreement of up to $240.0 million was entered into for the acquisition of shares of the LNG/C Assos, fully drawn in May 2024 [498]. - A credit facility with ING for up to $190.0 million was established for the LNG/C Axios II, fully drawn on January 2, 2024, with a duration of seven years [499]. - The Seller's Credit with Capital Maritime amounted to $220.0 million, with $92.6 million utilized upon delivery of LNG/C Axios II, and subsequent repayments reduced the unutilized amount to $42.2 million by June 2024 [500]. - The 2023 CMBFL - LNG/C AMI involved a $196.3 million sale and leaseback transaction with a 10-year tenor and a repurchase option after the first anniversary [502]. - A new syndicated credit facility of up to $100.0 million was secured for the acquisition of M/V Buenaventura Express, fully drawn on June 15, 2023, with a duration of eight years [503]. - Financing arrangements require maintaining a minimum free consolidated liquidity of at least $0.5 million per collateralized vessel and a ratio of EBITDA to net interest expense of at least 2.00 to 1.00 [511]. Future Plans - The company plans to continue evaluating opportunities for vessel and business acquisitions, subject to financing availability [469].