Business Context and Reporting Period
This Form 6-K filing by Capital Product Partners L.P. (Nasdaq: CPLP) is dated October 23, 2008. The registrant is a Marshall Islands master limited partnership and foreign private issuer based in Piraeus, Greece. The filing serves as a notice regarding the upcoming release of financial results for the third quarter ended September 30, 2008.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a press release announcing the schedule for the earnings release rather than the financial report itself.
Material Changes
No material changes to financial performance or operations are reported in this filing, as the actual third-quarter results have not yet been released.
Guidance, Outlook, and Management Commentary
Management has scheduled the release of third-quarter financial results for Friday, October 31, 2008, before the NASDAQ market open. Following the release, CEO and CFO Ioannis Lazaridis will host an interactive conference call at 10:00 am Eastern Time. A slide presentation and audio webcast will be available on the company website. No specific guidance or outlook figures are provided in this announcement.
Important Facts for Investor Verification
- Earnings Release Date: Financial results for the quarter ended September 30, 2008, are scheduled for release on October 31, 2008.
- Conference Call: An interactive call is scheduled for October 31, 2008, at 10:00 am ET; replay access is available until November 3, 2008.
- Fleet Composition: The company owns 18 modern vessels (15 MR tankers, 2 small product tankers, 1 Suezmax crude oil tanker).
- Charter Status: All 18 vessels are currently under medium to long-term charters to major entities including BP Shipping, Morgan Stanley Capital Group, and Shell.
- Missing Data: Investors must wait for the October 31 release to verify actual revenue, net income, and cash flow figures.