Dynagas LNG Partners LP (DLNG)
Market Cap | 168.35M |
Revenue (ttm) | 151.69M |
Net Income (ttm) | 36.41M |
Shares Out | 36.84M |
EPS (ttm) | 0.99 |
PE Ratio | 4.62 |
Forward PE | 4.04 |
Dividend | $0.20 (4.29%) |
Ex-Dividend Date | Dec 9, 2024 |
Volume | 41,764 |
Open | 4.440 |
Previous Close | 4.490 |
Day's Range | 4.425 - 4.650 |
52-Week Range | 2.270 - 4.850 |
Beta | 1.43 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 22, 2024 |
About DLNG
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was incorporated in 2013 and is headquartered in Athens, Greece. [Read more]
Financial Performance
In 2023, Dynagas LNG Partners LP's revenue was $160.48 million, an increase of 21.89% compared to the previous year's $131.66 million. Earnings were $24.31 million, a decrease of -42.73%.
Financial StatementsNews
Dynagas LNG Partners LP Announces Results of 2024 Annual Meeting of Limited Partners
ATHENS, Greece, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of liquefied natural gas carriers, conducted its Annual Meeting of L...
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and pote...
Dynagas LNG: Dividends And Buybacks On The Horizon
On November 22, DLNG reported its 3Q24 figures. The company realized voyage revenue, EBITDA, and net income growth. In addition, DLNG announced the buyback and dividends of its common units. Earlier i...
Dynagas LNG Partners LP Reports Results for the Three and Nine Months Ended September 30, 2024
ATHENS, Greece, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its resu...
Dynagas LNG Partners LP Announces Date for the Release of the Third Quarter 2024 Results
ATHENS, Greece, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will ...
Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units
ATHENS, Greece, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Bo...
Dynagas LNG Partners LP Announces the Date of its 2024 Annual Meeting of Limited Partners
ATHENS, Greece, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas carriers, announced today that its Board of...
Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units
ATHENS, Greece, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has dec...
LNG Shipping Stocks: Cautiously Optimistic For Growth Ahead
UPI index declined by 0.89% last week, while the S&P 500 gained 1.11%, highlighting a challenging period for LNG shipping stocks. Despite the lack of significant news, long-term contracts averaging $8...
Dynagas LNG: Speculative LNG Idea With A Robust Balance Sheet And Impressive Backlog; Rating Unchanged
News for fleet renewal, share buyback program or contract extensions would spark investors' interest in common shares. Preferred units offer high yields (Series A: 8.75%, Series B: 10.98%) with secure...
Dynagas LNG: Dividend Comeback May Unlock Double-Digit Yield Potential
Dynagas LNG has significantly reduced its debt, improving its leverage ratio from 6.6x in 2018 to 2.9x by mid-2024. The company's deleveraging strategy and lower future debt repayments enhance its fle...
Dynagas LNG Partners LP Common Units (DLNG) Q2 2024 Earnings Call Transcript
Dynagas LNG Partners LP Common Units (NYSE:DLNG) Q2 2024 Earnings Conference Call September 10, 2024 5:00 PM ET Company Participants Tony Lauritzen - CEO Michael Gregos - CFO Conference Call Particip...
LNG Shipping Stocks: Market Turbulence Affects Shippers With Mixed Results
UPI experienced a 2.30% decline, closing at 160.97 points, while the S&P 500 remained stable. Global market downturn influenced by Japan's sharp decline, with some stocks like Capital Product Partners...
Dynagas LNG Partners LP Declares Cash Distribution on its Series A Preferred Units
ATHENS, Greece, July 22, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has dec...
LNG Shipping Stocks: Holiday Decline
UPI declined by 0.63% to 165.53 points, with New Fortress Energy leading gainers at over 20% due to FLNG Altamira LNG project launch. UPI and S&P 500 both dropped last week, with low trading volumes a...
Dynagas LNG Partners LP Common Units (DLNG) Q1 2024 Earnings Call Transcript
Dynagas LNG Partners LP Common Units (DLNG) Q1 2024 Earnings Call Transcript
Dynagas LNG Partners LP Reports Results For the Three Months Ended March 31, 2024
ATHENS, June 27, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for t...
LNG Shipping Stocks: Summer Season Is Near
UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching,...
Dynagas LNG Partners LP Announces Date for the Release of the First Quarter 2024 Results, Conference Call and Webcast
ATHENS, Greece, June 21, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will ...
Dynagas LNG Partners LP Announces Filing of Form 20-F With the SEC
ATHENS, Greece, April 26, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, announced today that it ha...
Dynagas LNG Partners: The Floating Rate Preferred Shares Currently Yield About 11%
Dynagas LNG Partners has not paid a dividend on its common shares since 2019, making the preferred shares more attractive. The company's financial results show robust cash flow, which is good news for...
Dynagas LNG Partners LP (DLNG) Q4 2023 Earnings Call Transcript
Dynagas LNG Partners LP (DLNG) Q4 2023 Earnings Call Transcript
Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2023
ATHENS, Greece, March 28, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its res...
Dynagas LNG Partners LP Announces Date for the Release of the Fourth Quarter 2023 Results, Conference Call and Webcast
ATHENS, Greece, March 21, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will...