Capital Product Partners L.P. (NASDAQ:CPLP) Q3 2023 Earnings Conference Call November 13, 2023 9:00 AM ET

Company Participants

Jerry Kalogiratos - Chief Executive Officer

Spyros Leoussis - Chief Commercial Officer

Conference Call Participants

Ben Nolan - Stifel

Omar Nokta - Jefferies

Liam Burke - B. Riley Securities

Operator

Thank you for standing by, and welcome to the Capital Product Partners Third Quarter 2023 Financial Results Conference Call.

We have with us Mr. Jerry Kalogiratos, Chief Executive Officer; Mr. Spyros Leoussis

, Chief Commercial Officer; and Mr. Nikolaos Kalapotharakos, Chief Financial Officer of the Company. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions] I must advise you that this conference is being recorded today November 13 2023.

The statements in today's conference call that are not historical facts, including our expectations regarding cash generation, equity returns and future debt levels, our ability to pursue growth opportunities, our expectations or objectives regarding future distribution amounts, capital reserve amounts, distribution coverage, future earnings, capital allocation as well as our expectations regarding market fundamentals and the employment of our vessels, including redelivery dates and charter rates, may be forward-looking statements as such as defined in Section 21E of the Securities Exchange Act of 1934 as amended.

These forward-looking statements involve risks and uncertainties that could cause the stated or forecasted results to be materially different from those anticipated. Unless required by law, we expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations to conform to actual results or otherwise. We assume no responsibility for the accuracy and completeness of the forward-looking statements. We make no prediction or statement about the performance of our common units.

I would now like to hand over to your speaker today, Mr. Kalogiratos. Please go ahead, sir.

Jerry Kalogiratos

Thank you, and thank you all for joining us today. As a reminder, we'll be referring to the supporting slides available on our website as we go through today's presentation.

In addition to our quarterly earnings, we announced today an important strategic transaction for the partnership. In the interest of time, we will go through a shorter than usual presentation of our quarterly earnings, and we'll then move on to the transaction and what it all means for Capital Product Partners.