Capital Clean Energy Carriers (NASDAQ:CCEC) Announces Earnings Results

Capital Clean Energy Carriers (NASDAQ:CCEC) released its quarterly earnings data on Thursday. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.22, FiscalAI reports. Capital Clean Energy Carriers had a return on equity of 7.54% and a net margin of 56.56%.The business had revenue of $98.35 million during the quarter, compared to analysts’ expectations of $104.16 million.

Here are the key takeaways from Capital Clean Energy Carriers’ conference call:

• Contracted three state-of-the-art LNG carriers with deliveries in late 2028/early 2029, increasing CCEC’s exposure to modern, fuel?efficient LNG tonnage and giving the company significant optionality as the market tightens.
• Delivered the Active—the world’s first 22,000 cbm Liquid CO2 multi?gas carrier—which is already on a six?month charter (blended TCE roughly $25k–$26k/ day if the extension is exercised), demonstrating revenue diversification into LCO2/LPG/ammonia trades.
• Reported Q4 net income from continued operations of $28.4 million, paid the $0.15 quarterly dividend (75th consecutive quarter), and closed the period with about $296 million of cash and roughly 49% net leverage while issuing an unsecured bond to refinance maturing debt and fund newbuilds.
• Market dynamics tightened sharply—spot LNG rates exceeded $100k/day in Q4 and spiked higher after the Middle East disruptions (short?term round trips quoted near $300k)—which favors modern two?stroke/newbuild owners and could lift term rates if the disruption persists.
• Continued pivot away from containers with 14 sales in 24 months and one remaining container vessel on a long?term charter to 2033 (extendable), with management saying it will only sell the last unit if the transaction is accretive.

Capital Clean Energy Carriers Stock Performance

Capital Clean Energy Carriers stock traded down $0.34 during mid-day trading on Thursday, reaching $22.91. 1,169 shares of the company were exchanged, compared to its average volume of 6,468. The firm’s 50-day simple moving average is $21.61 and its two-hundred day simple moving average is $21.37. Capital Clean Energy Carriers has a twelve month low of $14.09 and a twelve month high of $24.83. The firm has a market cap of $1.34 billion, a PE ratio of 5.73 and a beta of 0.66. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.42 and a current ratio of 1.44.

Capital Clean Energy Carriers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Tuesday, February 3rd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 3rd. This represents a $0.60 annualized dividend and a yield of 2.6%. Capital Clean Energy Carriers’s dividend payout ratio is currently 15.00%.

Institutional Trading of Capital Clean Energy Carriers

Several hedge funds have recently made changes to their positions in CCEC. Raymond James Financial Inc. acquired a new stake in Capital Clean Energy Carriers in the second quarter valued at $127,000. Squarepoint Ops LLC acquired a new stake in shares of Capital Clean Energy Carriers in the third quarter valued at about $382,000. Geode Capital Management LLC boosted its holdings in Capital Clean Energy Carriers by 10.1% during the second quarter. Geode Capital Management LLC now owns 17,702 shares of the company’s stock worth $414,000 after buying an additional 1,621 shares in the last quarter. Millennium Management LLC grew its position in Capital Clean Energy Carriers by 2.5% during the fourth quarter. Millennium Management LLC now owns 26,543 shares of the company’s stock worth $547,000 after buying an additional 651 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Capital Clean Energy Carriers by 59.8% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,107 shares of the company’s stock valued at $3,065,000 after buying an additional 49,075 shares in the last quarter.

Wall Street Analyst Weigh In

CCEC has been the subject of a number of research analyst reports. BTIG Research began coverage on Capital Clean Energy Carriers in a report on Friday, December 19th. They issued a “buy” rating and a $25.00 price target for the company. Weiss Ratings cut shares of Capital Clean Energy Carriers from a “buy (b)” rating to a “hold (c)” rating in a report on Friday, January 23rd. Finally, Capital One Financial set a $25.00 price target on shares of Capital Clean Energy Carriers in a research note on Friday, December 19th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $25.33.

About Capital Clean Energy Carriers

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. In addition, the company produces and distributes oil and natural gas, including biofuels, motor oil, lubricants, petrol, crudes, liquefied natural gas, marine fuels, natural gas liquids, and petrochemicals.