Business Context and Reporting Period
This Form 6-K filing by Capital Product Partners L.P. (Nasdaq: CPLP), a Marshall Islands master limited partnership, was dated July 20, 2010. The registrant operates an international fleet of modern doublehull tankers, including MR and small product tankers and one Suezmax crude oil tanker. The filing serves as an announcement regarding the upcoming release of financial results for the second quarter ended June 30, 2010.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a forward-looking announcement of an earnings release rather than a financial statement containing historical data.
Material Changes
No material changes to financial performance or operations are reported in this filing, as the actual financial results for the period have not yet been released.
Guidance, Outlook, and Management Commentary
Management has scheduled the release of second-quarter 2010 financial results for July 30, 2010, prior to the NASDAQ market open. Following the release, CEO and CFO Ioannis Lazaridis will host an interactive conference call and webcast at 10:00 am Eastern Daylight Time. The filing provides dial-in numbers and webcast registration details for investors. No specific guidance or outlook figures are included in this text.
Investor Verification Checklist
- Verify the actual financial results released on July 30, 2010, as this filing only announces the date.
- Confirm the charter status of the fleet, noting that most vessels are under medium- to long-term charters to BP Shipping Limited, Morgan Stanley Capital Group Inc., Overseas Shipholding Group, and Capital Maritime & Trading Corp.
- Review the conference call replay or webcast slides for management commentary on market conditions and operational performance.
- Check subsequent filings for the actual Q2 2010 revenue, net income, and cash flow figures.