Dynagas LNG Partners LP

Dynagas LNG Partners LP

DLNG
Dynagas LNG Partners LPUS flagNew York Stock Exchange
3.82
USD
+0.04
- -
138.98MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.77
3.25
7.08
8.28
4.02
3.58
3.69
3.86
3.77
3.58
4.36
4.25
- -
4.32
Basic EPS, GAAP
2.01
1.53
2.78
2.92
0.3
-0.11
-0.22
0.63
1.14
1.15
0.66
1.05
- -
1.8
Free Cash Flow per Basic Share
1.95
-9.96
-5.27
3.23
1.72
1.2
1.22
1.93
2.18
1.46
1.63
2.5
- -
2.71
Dividend per Share
- -
3.98
3.03
3.26
1.94
1.36
0.46
0.33
0.32
0.31
0.31
0.4
- -
0.42
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
11.35
9.04
16.97
17.33
9.06
9.2
8.84
9.47
10.45
11.52
12.18
13.17
- -
13.36
Basic Weighted Avg Shares
23
33
21
21
35
35
35
36
37
37
37
37
- -
36
Sales/Revenue/Turnover
86
107
145
170
139
127
131
137
138
132
160
156
157
157
Operating Margin (%)
64.64
60.38
60.67
60.1
46.01
41.67
45.77
46.85
46.91
34.44
40.32
49.5
48.09
46.55
Depreciation Expense
14
18
24
30
30
30
31
32
32
32
32
32
32
32
Net Income, GAAP
46
51
60
67
17
4
4
34
53
54
36
52
62
66
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
53.25
47.21
41.36
39.36
12.47
2.84
2.76
24.83
38.67
41.02
22.35
32.99
39.36
41.6
Working Capital
-7
-19
-26
7
48
-160
-46
-36
-14
4
-354
-6
-30
54
LT Debt
214
548
653
685
712
461
608
562
516
451
- -
277
233
- -
Total Equity
258
298
368
368
318
326
314
336
381
424
448
485
473
487
Return on Invested Capital (%)
11.87
9.63
9.21
9.57
6.04
5.11
5.97
6.73
6.85
4.86
7.24
9.25
9.68
14.95
Return on Capital (%)
17.95
16.24
13.78
14.28
7.98
7.08
7.36
9.23
12.32
15.05
15.98
22.05
27.59
81.83
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
44
- -
LT Borrowings
- -
233
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
36
36
Market Capitalization
129
138
156

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
37
49
54
Cash, Cash Equivalents & STI
35
41
53
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
1
- -
Total Current Liabilities
- -
79
- -
Payables & Accruals
- -
18
- -
ST Debt
- -
44
- -
Deferred Revenue
- -
17
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.2%
-2.39%
Free Cash Flow
-9.28%
9.33%
-2.03%
Net Income, GAAP
- -
17.51%
19.49%
Sales/Revenue/Turnover
1.35%
3.1%
0.14%
Total Cash Common Dividend
-741.5%
-1,439.19%
220.4%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38
38
39
42
156
2025
39
39
39
40
157
2026
40
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.29
0.41
0.38
1.05
2025
0.37
0.38
0.51
0.43
- -
2026
0.48
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.09
0.09
0.14
0.4
2025
0.14
0.13
0.1
0.1
- -
2026
0.1
- -
- -
- -
- -

Company Description

APIChat
CEO
Tony Lauritzen
Sector
Energy
Industry
Oil & Gas Midstream
Address
Poseidonos Avenue and Foivis 2 Street Athens Greece 166 74
IPO Date
Nov 13, 2013
Business
Dynagas LNG Partners LP (NYSE: DLNG) is a master limited partnership that owns and operates a fleet of six high-specification liquefied natural gas (LNG) carriers with an aggregate carrying capacity of approximately 914,000 cubic meters; the vessels, including ice-class 1A FS notation models such as Arctic Aurora, Yenisei River, Lena River, Clean Energy, Ob River, and Amur River, provide seaborne transportation services under multi-year time charters to international energy companies including SEFE, Equinor, Yamal, and NextDecade; the fleet supports operations in conventional trade routes as well as subzero and ice-bound conditions. Founded in 2013 and headquartered in Athens, Greece, with management by Dynagas Ltd. in Monaco, the partnership focuses on the maritime transportation segment of the energy industry, generating stable cash flows through long-term contracts that ensure high utilization rates exceeding 99% in recent periods. The company serves global LNG producers, traders, and consumers across international routes. In recent developments, Dynagas LNG Partners LP completed the full redemption of its Series B Preferred Units, simplifying its capital structure and reducing financing costs; authorized a $10 million common unit repurchase program in November 2024; declared quarterly cash distributions on common and Series A Preferred Units, including $0.050 per common unit for Q3 2025 paid in November 2025; and held its 2025 Annual Meeting of Limited Partners in Athens on November 26, 2025, approving key resolutions. A previously announced 2024 merger agreement with Capital Product Partners L.P. does not appear to have proceeded as of late 2025, with the partnership maintaining independent operations and reporting strong financial results, including net income of $18.7 million for Q3 2025 and $45.9 million for the nine months ended September 30, 2025.

Company News

APIChat
  • Dynagas LNG: The Discount Deepens As Value Builds

  • Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2026

  • Dynagas LNG Partners LP Announces Date for the Release of the First Quarter 2026 Results

  • Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended March 31, 2026 of $0.050 per Common Unit

  • While Asia and Europe scramble for natural gas, the US glut has nowhere to go

  • Dynagas LNG: The Quiet Re-Rate Has Room To Develop

  • LNG Shipping Stocks: Tired, But Not Beaten

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

  • Dynagas LNG: Mispricing Risk, Undervaluing Cash Flow

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

  • U-Haul (NASDAQ:UHALB) versus Dynagas LNG Partners (NYSE:DLNG) Critical Review

  • Grupo Aeroportuario Del Pacifico (NYSE:PAC) & Dynagas LNG Partners (NYSE:DLNG) Critical Analysis

  • Dynagas LNG Partners LP Reports Results for the Three and Twelve Months Ended December 31, 2025

  • Dynagas LNG Partners (NYSE:DLNG) Stock Passes Above 50-Day Moving Average – Here’s What Happened

  • Dynagas LNG Partners LP Announces Date for the Release of the Fourth Quarter and Year Ended 2025 Results

  • Financial Comparison: Firstgroup (OTCMKTS:FGROY) vs. Dynagas LNG Partners (NYSE:DLNG)

  • Dynagas LNG Partners (NYSE:DLNG) vs. BingEx (NASDAQ:FLX) Head to Head Survey

  • Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended December 31, 2025 of $0.050 per Common Unit

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

  • Dynagas LNG: A Speculative Long Position Could Be Justified