|Bid||2.13 x 800|
|Ask||2.55 x 4000|
|Day's Range||2.3100 - 2.3700|
|52 Week Range||2.2500 - 3.6000|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||0.32 (13.01%)|
|1y Target Est||3.92|
Tanker operator Diamond S Shipping, which is affiliated with U.S. Commerce Secretary Wilbur Ross, is merging with Nasdaq-listed Capital Product Partners L.P. in a $1.65 billion deal that will create one of the world’s biggest tanker operators and fulfill Diamond’s quest to become a public company. The deal reflects a trend in the long-depressed shipping industry in which private companies join listed peers in so-called backdoor initial public offerings to gain access to capital markets. Mr. Ross divested himself of his interest in Diamond in 2017, but Diamond’s website said its “shareholders include affiliates of WL Ross & Co. LLC,” a private-equity firm founded by Mr. Ross in 2000.
Capital Product Partners L.P. (CPLP) (“CPLP”) and DSS Holdings L.P. (“DSS”), a privately held company and one of the world’s largest owners and operators of medium-range product and Suezmax crude tankers, have entered into a definitive transaction agreement pursuant to which CPLP has agreed to spin off its crude and product tanker business into a separate publicly listed company, which will merge with DSS’ businesses and operations in a share-for-share transaction. The new company, to be called Diamond S Shipping Inc., will be a market leader in the crude and product tanker markets, benefitting from a balanced and large-scale portfolio of vessels, strong management leadership and a cost-efficient commercial platform. The transaction reflects DSS’ strategic initiatives to access public markets with enhanced scale at a cyclically opportune time to create one of the world’s largest shipping companies well positioned for future industry consolidation. The new company is expected to be listed on the New York Stock Exchange and will be headquartered in Greenwich, Connecticut.
ATHENS, Greece, Oct. 31, 2018 -- Capital Product Partners L.P. (the “Partnership” or “CPLP”) (NASDAQ: CPLP), an international shipping partnership, today released its financial.
ATHENS, Greece, Oct. 22, 2018 -- Capital Product Partners L.P. (the "Partnership") (NASDAQ: CPLP) today announced that before the NASDAQ market opens on Wednesday, October 31,.
ATHENS, Greece, Oct. 18, 2018 -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.08 per common.
Today, I will be analyzing Capital Product Partners LP’s (NASDAQ:CPLP) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure of a company has been found toRead More...
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Stock Research Monitor: CPLP, CMRE, and DHT LONDON, UK / ACCESSWIRE / May 14, 2018 / If you want a free Stock Review on DCIX sign up now at www.wallstequities.com/registration . In today's pre-market research, ...
Energy companies, such as Seadrill Partners, trading at a market price below their true values are considered to be undervalued. Smart investors can make money from this discrepancy by buyingRead More...
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