Welcome to our dedicated page for Capital Clean Energy Carriers Common Share news (Ticker: CCEC), a resource for investors and traders seeking the latest updates and insights on Capital Clean Energy Carriers Common Share stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Capital Clean Energy Carriers Common Share's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Capital Clean Energy Carriers Common Share's position in the market.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) reported Q3 2024 financial results with net income from continuing operations of $15.8 million, up 216% from $5.0 million in Q3 2023. Revenue increased 66% to $106.0 million, driven by fleet expansion. The company announced a $0.15 dividend and completed its conversion from a partnership to a CCEC agreed to sell five container vessels for an expected gain of $118.4 million and refinanced two LNG carriers, releasing $72.6 million in liquidity. The company's strategic shift focuses on gas transportation, with a contracted revenue backlog exceeding $2.6 billion and plans to add 16 new vessels.
Capital Clean Energy Corp. (NASDAQ: CCEC) has announced its schedule for the third quarter 2024 earnings release and conference call. The financial results for Q3 2024, ended September 30, will be released before NASDAQ market opens on November 8, 2024. The company will host an interactive conference call at 8:00 a.m. Eastern Time on the same day. Participants can join via US Toll-Free (877 405 1226) or International dial-in numbers, quoting 'Capital Clean Energy' or conference ID 13750078. A live webcast and accompanying slides will be available through the company's website, with archived content accessible afterward.
Capital Clean Energy Carriers (NASDAQ: CCEC) has announced a quarterly cash dividend of $0.15 per share for Q3 2024. The dividend will be paid on November 15, 2024, to shareholders of record as of November 11, 2024. This dividend declaration follows the company's third quarter ending September 30, 2024.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) has announced its Annual Meeting of Shareholders, scheduled for December 5, 2024 at 11:30 am local time at the company's headquarters in Greece. Shareholders of record as of November 4, 2024 are eligible to participate and vote. The company has sent out meeting materials, including a proxy statement and Annual Report on Form 20-F, which are also available on their website.
CCEC is an international shipping company specializing in gas carriage solutions with a focus on energy transition. Their current fleet comprises 20 vessels, including 12 LNG carriers and 8 Neo-Panamax container vessels. The company has plans to expand its fleet with 16 additional vessels under construction, scheduled for delivery between Q1 2026 and Q3 2027. CCEC has also agreed to sell five Neo-Panamax container vessels by Q1 2025.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) has announced the sale of five 5,023 TEU container vessels. The sale is expected to generate a book gain of $118.4 million. The vessels, all debt-free, will be delivered to their new owners between November 2024 and January 2025. The proceeds will be used to pay down debt and for general corporate purposes.
This move aligns with CCEC's strategy to focus on gas transportation solutions. The company retains exposure to the container market through three 13,300 TEU vessels with long-term charters. CCEC is set to become the largest U.S.-listed LNG shipping company, with 12 LNG carriers currently operational and additional LNG and LPG/Ammonia/LCO2 carriers to be delivered between Q1 2026 and Q3 2027.
Capital Clean Energy Carriers Corp. (CCEC) has completed its conversion from a Marshall Islands partnership to a , changing its name and Nasdaq ticker to CCEC. This marks a strategic pivot towards LNG and energy transition transportation. The company has invested $3.9 billion in 21 Energy Transition Vessels, including 11 newbuild LNG/C vessels and 10 state-of-the-art gas carriers. CCEC currently owns 20 vessels, with 12 LNG carriers and 8 container vessels. Upon delivery of all contracted vessels by Q3 2027, CCEC expects to become the largest U.S.-listed LNG transportation company. The corporate conversion aims to enhance governance and attract institutional investors.
FAQ
What is the current stock price of Capital Clean Energy Carriers Common Share (CCEC)?
What is the market cap of Capital Clean Energy Carriers Common Share (CCEC)?
