Ticker: CPLP
Description of why you are requesting DD:
Capital Product Partners L.P. a Marshall Islands master limited partnership is an international owner of ocean-going vessels. CPLP currently owns 18 vessels, including twelve Neo-Panamax container vessels, three Panamax container vessels, one Capesize bulk carrier and two LNG carriers and has agreed to acquire a third LNG carrier.
Earnings Released After Market close Nov 4th
They recently announced 150 mil unsecured bonds that will fund 3 new ships. The stock jumped from $13.3 to highs of $14.27 but now back down to $13.3.
Shipping Earnings, in general, have been great recently- shown by excellent earnings of TRTN and subsequent stock move, similar stock to ZIM with incredibly low P/E
Applicable links to news articles or Reddit analysis: http://ir.capitalpplp.com/news-releases/news-release-details/capital-product-partners-lp-announces-pricing-eu150-million
Tweets from Shipping Expert J Mintzmyer : https://twitter.com/mintzmyer/status/1451584854324301827