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Capital Clean Energy Carriers (CCEC) Reprts Fourth Quarter 2025 Financial Results
Yahoo Finance· 2026-03-25 18:46
Core Insights - Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) reported a Q4 2025 net income of $28.4 million, a 36.5% increase from $20.8 million in Q4 2024, with revenue at $98.3 million, up 0.7% [1][5] - The company’s expenses totaled $44.8 million, including $16.5 million in vessel operating costs and $21.9 million in depreciation and amortization, while interest and finance costs decreased by 28.4% to $23.9 million [1][5] - A dividend of $0.15 per share was declared for Q4 2025 [1] Financial Performance - Q4 2025 net income: $28.4 million, up 36.5% from Q4 2024 [1] - Revenue for Q4 2025: $98.3 million, an increase of 0.7% [1] - Total expenses: $44.8 million, with specific costs detailed as $16.5 million for vessel operations and $21.9 million for depreciation and amortization [1] - Interest and finance costs reduced by 28.4% to $23.9 million [1] Strategic Developments - The company received its first LCO2/multi-gas carrier, Active, financed with $29.4 million in cash and a $48.9 million 12-year ECA-backed loan [2] - Capital Clean Energy Carriers finalized the sale of M/V Buenaventura Express for a profit of $4.2 million, using the proceeds to pay down debt [2] - The firm has ordered three advanced LNG ships for deployment in 2028-2029, enhancing its gas-focused fleet [2] Company Overview - Capital Clean Energy Carriers Corp. specializes in the seaborne transportation of natural gas, containerized commodities, and dry cargo [3]