Dynagas LNG Partners LP

Dynagas LNG Partners LP engages in the provision of seaborne transportation services. It owns and operates liquefied natural gas carriers, which are employed to energy companies under multi-year charters. The company was founded on May 30, 2013 and is headquartered in Monaco.

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Earnings data Q2 2024

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Earnings data Q4 2024

Dynagas LNG Partners LP posts robust earnings, navigates geopolitical risks

Dynagas LNG Partners LP delivered strong financial results in Q4 2022 and full-year 2022, supported by robust net income and adjusted EBITDA figures.
The partnership's focus on long-term charters, debt reduction, and operational efficiency positions it well for sustained growth and value creation.
While facing challenges such as geopolitical risks and refinancing complexities, Dynagas LNG Partners LP has opportunities to drive growth through strategic initiatives and market dynamics.
Overall, Dynagas LNG Partners LP's performance highlights operational strength, revenue stability, and a proactive approach towards enhancing shareholder value.

Dynagas LNG Partners reports stable earnings, eyes LNG market growth

Dynagas LNG Partners reported solid financial performance in Q1 2023, with a focus on debt reduction and increasing equity value. Despite challenges in net income and cash balance reduction, the company remains committed to deleveraging and capitalizing on LNG shipping rate opportunities.

Dynagas LNG Partners reports robust Q2 earnings and debt reduction progress

Dynagas LNG Partners delivered a strong Q2 performance with increased net income and revenue backlog, supported by high fleet utilization.
Despite debt challenges, successful debt reduction efforts and a focus on maintaining dividends highlight financial stability and shareholder value.
Opportunities for fleet expansion, refinancing, and strategic partnerships present avenues for future growth and operational enhancement.

Dynagas LNG Partners reports Q3 earnings growth amidst debt challenges

Dynagas LNG Partners demonstrated solid financial performance in Q3 2023 with increased revenues and a focus on debt reduction strategies.
The partnership's strengths lie in its contracted backlog, fleet composition, and positive industry outlook, positioning it for long-term growth.
Challenges in managing net income fluctuations and debt refinancing complexities require strategic navigation, while opportunities exist in market improvements and long-term charter agreements.

Dynagas LNG Partners reports robust earnings, poised for growth

Dynagas LNG Partners delivered strong financial results in Q4 2023 and full year 2023, supported by a robust commercial strategy and healthy balance sheet.
The company's focus on debt reduction and securing long-term charters has enhanced its financial stability and increased shareholder value.
While facing challenges such as fleet age and market volatility, Dynagas LNG Partners is well-positioned to capitalize on growth opportunities in the LNG shipping industry.
With a solid contracted backlog and strategic initiatives in place, Dynagas LNG Partners is poised for continued success and value creation for investors.

Dynagas LNG Reports Strong Q1 2024 Financial Performance

Dynagas LNG Partners LP showcased a robust financial performance in Q1 2024, marked by a strong earnings report and significant debt reduction. The company's strategic management of its fleet and financial obligations positions it favorably in the LNG transportation sector, with no contractual vessel availability concerns until 2028 and a healthier net debt-to-EBITDA ratio of 3.3x.

Dynagas LNG Partners reports robust Q2 earnings and growth prospects

Dynagas LNG Partners delivered a strong financial performance in Q2 2024, with notable achievements in revenue generation, debt reduction, and fleet utilization.
The company's strategic focus on securing new financing, maintaining operational efficiency, and improving liquidity positions it well for future growth and value creation.
While challenges such as market volatility and debt management persist, Dynagas LNG Partners has opportunities to leverage its strengths and industry dynamics for sustained success.

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Dynagas LNG Partners LP engages in the business of owning, operating, and acquiring LNG carriers and other business activities incidental thereto. The firm also focuses on capital allocation on debt repayment, prioritizing balance sheet strength, and reposition of partnership for potential future growth if the cost of capital allows to access debt and equity capital on acceptable terms. The company was founded on May 30, 2013 and is headquartered in Athens, Greece.

ATHENS, Greece, June 20, 2023 (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 the three months ended March 31, 2023.

Dynagas LNG Partners LP Reports Results For the Three Months Ended March 31, 2023

ATHENS, Greece, June 12, 2023 (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 release its financial results for the first quarter ended March 31, 2023, after market closes in New York on Tuesday, June 20, 2023.

Dynagas LNG Partners LP Announces Date for the Release of the First Quarter 2023 Results, Conference Call and Webcast

Dynagas LNG Partners owns six LNG vessels, chartered to three different counterparties. Although two of the vessels have been chartered to a Russia-focused LNG operation, the partnership is not subject to sanctions.

Dynagas LNG Partners: I'm Sticking With The Almost 10% Yielding Preferred Shares

ATHENS, Greece, April 24, 2023 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that on April 21, 2023, it filed its Annual Report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).

Dynagas LNG Partners LP Announces Filing of Form 20-F with the SEC

ATHENS, Greece, April 21, 2023 (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 declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) (NYSE: DLNG PR A) for the period from February 12, 2023 to May 11, 2023.

Dynagas LNG Partners LP Declares Cash Distribution On Its Series A Preferred Units

Dynagas LNG Partners LP (NYSE:DLNG ) Q4 2022 Earnings Conference Call March 17, 2023 10:00 AM ET Company Participants Tony Lauritzen - Chief Executive Officer Michael Gregos - Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Operator Thank you for standing by ladies and gentlemen, and welcome to the Dynagas LNG Partners Conference Call on the Fourth Quarter 2022 Financial Results. With us today we have Mr.

Dynagas LNG Partners LP (DLNG) Q4 2022 Earnings Call Transcript

ATHENS, Greece, March 17, 2023 (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 the three months and year ended December 31, 2022.

Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2022

ATHENS, Greece, March 10, 2023 (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 release its financial results for the fourth quarter ended December 31, 2022, before market opens in New York on Friday, March 17, 2023.

Dynagas LNG Partners Announces Date For the Release of the Fourth Quarter 2022 Results, Conference Call and Webcast

Here is how Dynagas LNG (DLNG) and Herc Holdings (HRI) have performed compared to their sector so far this year.

Is Dynagas LNG Partners (DLNG) Stock Outpacing Its Transportation Peers This Year?

The series A and series B preferred shares have been seeing consistent payouts (par 9% and 8.75%, respectively) since February 2016, despite the common unit's dividend being cut in 2019. The upcoming increase to shipping rates announced for Arctic Aurora provides further security that these payouts will keep flowing into shareholder's pockets.

Gas Up Your Income Portfolio With Dynagas Preferred Shares

Dynagas (DLNG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Dynagas (DLNG)

ATHENS, Greece, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers is pleased to announce the release of its inaugural 2021 Environmental, Social, and Governance (‘ESG') Report, highlighting its ESG priorities, goals, and performance.

Dynagas LNG Partners LP Announces Inaugural Environmental, Social and Governance (ESG) Report

ATHENS, Greece, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that it has entered into a new time charter party agreement with Equinor ASA ("Equinor") for the employment of the 2013 built ice class LNG carrier Arctic Aurora. Under the new time charter agreement, the Arctic Aurora is expected to be delivered to Equinor in September 2023 in direct continuation of the current charter party with Equinor, meaning there will be no lapse of time between the current and the new time charter. The term ‘in direct continuation' does not refer to the contracted income. The new time charter period is about 3 years adding about $116.5 million to the Partnership's existing contracted revenue backlog. Tony Lauritzen, Chief Executive Officer of Dynagas LNG Partners LP, commented: “We are very pleased to enter into this new agreement with Equinor, with whom the Arctic Aurora has been employed since its delivery in 2013, reflecting our long-standing relationship with Equinor and the outstanding operational performance of the Arctic Aurora and our manager throughout the years.”

Dynagas LNG Partners LP Announces New Time Charter for the LNG Carrier Arctic Aurora

Dynagas LNG Partners owns six LNG vessels, employed under long-term charters. The third quarter was pretty light due to the dry-docking of two vessels: this reduced the revenue and increased the operating expenses.

Dynagas LP: A Potential 11% Dividend Yield On The Preferred Shares

Blackstone Group

iShares Preferred and Income Securities ETF 

Recent delistings of preferred issues show great disrespect for preferred stockholders. Large investor Blackstone (BX) recently announced a delisting related to $755 million of preferred stock.

Delisting Risk: A Growing Concern For Preferred Stock Investors

Dynagas LNG Partners LP (NYSE:DLNG ) Q3 2022 Earnings Conference Call December 12, 2022 10:00 AM ET Company Participants Tony Lauritzen - Chief Executive Officer Michael Gregos - Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Operator Thank you for standing by, ladies and gentlemen, and welcome to the Dynagas LNG Partners Conference Call on the Third Quarter 2022 Financial Results. With us we have Mr.

Dynagas LNG Partners LP (DLNG) Q3 2022 Earnings Call Transcript

ATHENS. Greece, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and nine months ended September 30, 2022.

Dynagas LNG Partners LP Reports Results for the Three and Nine Months Ended September 30, 2022

ATHENS. Greece, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas carriers, announced today that new U.S. Treasury Regulations that come into effect on January 1, 2023, will require brokers to withhold on gross proceeds received by a non-U.S. person from the sale of an interest in a publicly traded partnership which is taxed as a partnership for U.S. federal income tax purposes a (“PTP”). As a result of these new regulations, certain non-U.S. brokers may not permit non-U.S. persons to hold such PTP interests in their brokerage account. The Partnership is a publicly traded partnership that has elected to be taxed as a corporation for U.S. federal income tax purposes. Therefore, interests in the Partnership are not subject to these new regulations. Please refer to http://www.dynagaspartners.com for further information.

Dynagas LNG Partners LP Reports New US Taxation Rules on PTPs Do Not Affect Dynagas Unit Holders

ATHENS, Dec. 05, 2022 (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 release its financial results for the third quarter ended September 30, 2022, before market opens in New York on December 12, 2022.

Dynagas LNG Partners Announces Date for the Release of Third Quarter 2022 Results, Conference Call and Webcast

ATHENS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”) conducted its Annual General Meeting of Limited Partners on November 30, 2022 in Athens, Greece. The following resolutions were approved:

Dynagas LNG Partners LP Announces Results of 2022 Annual General Meeting of Limited Partners

Dynagas seems to be navigating through the choppy seas related to Russia-focused sanctions. The German state has taken control of the Gazprom entity that originally chartered three Dynagas vessels.

Dynagas Partners: The Preferred Shares Are Now Yielding 9.8%

ATHENS, Greece, Nov. 01, 2022 (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 declared a cash distribution of $0.546875 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from August 22, 2022 to November 21, 2022.

Dynagas LNG Partners LP Declares Cash Distribution on its Series B Preferred Units

Dynagas LNG Partners LP (NYSE:DLNG ) Q2 2022 Earnings Conference Call September 23, 2022 10:00 AM ET Company Participants Tony Lauritzen - CEO & Director Michael Gregos - CFO Conference Call Participants Benjamin Nolan - Stifel, Nicolaus & Company Operator Thank you for standing by, ladies and gentlemen, and welcome to the Dynagas LNG Partners Conference Call on the Second Quarter 2022 Financial Results. We have with us Mr.

Dynagas LNG Partners LP (DLNG) Q2 2022 Earnings Call Transcript

ATHENS, Greece, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and six months ended June 30, 2022.

Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2022

ATHENS, Greece, Sept. 16, 2022 (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 release its financial results for the second quarter and six months ended June 30, 2022, after the market closes in New York on Thursday, September 22, 2022.

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