Quarterly ResultAug 4, 2026, 06:07 AM
Capital Clean Energy Carriers Q2 Revenue $104.9M, Net Income $29.0M
AI Summary
Capital Clean Energy Carriers Corp. announced its second quarter 2026 financial results, reporting an 8% increase in revenues to $104.9 million, while net income slightly decreased by 2% to $29.0 million. The company declared a quarterly dividend of $0.15 per share and initiated a $20.0 million share repurchase program. Strategic highlights include the delivery of five new vessels, formation of two significant joint ventures, and the issuance of €250.0 million in unsecured bonds to support its expanding fleet and operations.
Key Highlights
- Q2 2026 revenues increased 8% to $104.9 million from $96.7 million in Q2 2025.
- Q2 2026 net income decreased 2% to $29.0 million from $29.7 million in Q2 2025.
- Declared a cash dividend of $0.15 per share for the second quarter of 2026.
- Commenced a share repurchase program for up to $20.0 million, buying back 99,411 shares.
- Took delivery of two LNG/Cs, one HMG/C, and two dual-fuel MG/Cs in Q2 2026.
- Formed a joint venture with BGN Group for LNG/C Amore Mio I and with CMA CGM for an LNGB/V.
- Issued €250.0 million unsecured bonds with a 3.75% coupon, maturing in 2033.
- Total debt increased to $2,955.1 million as of June 30, 2026.
Price Impact
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