Dynagas LNG Partners LP
DLNG-PB
New York Stock Exchange25.46
USD
- -
- -
CIK
0001578453
ISIN
MHY2188B1240
CUSIP
Y2188B108
Return %
Stock
S&P500
1Y
-1.16
26.84
3Y
2.04
77.03
5Y
37.99
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Tony Lauritzen
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- Poseidonos Avenue and Foivis 2 Street Athens Greece 166 74
- IPO Date
- Oct 17, 2018
- CIK
- 0001578453
- Website
- dynagaspartners.com
- Similar Companies
- Business
- Dynagas LNG Partners LP Dynagas LNG Partners LP 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 include Arctic Aurora, Yenisei River, Lena River, Amur River, Ob River, and Clean Energy, many of which feature Ice Class 1A FS notation and full winterization for operations in subzero and ice-bound conditions such as Arctic routes. The Partnership, formed in 2013 and headquartered in Athens, Greece, focuses on seaborne LNG transportation under multi-year time charters with leading international energy companies, generating stable cash flows and high utilization rates averaging over 99% across its fleet, which serves global markets including Europe, Asia, and Russia-linked trades. Dynagas GP LLC serves as the general partner, with vessels managed by related entity Dynagas Ltd. In recent developments, the Partnership fully redeemed its 8.75% Series B Cumulative Redeemable Perpetual Fixed to Floating Preferred Units (DLNG-PB) Dynagas LNG Partners LP 8.75% Series B Cumulative Redeemable Perpetual Fixed to Floating Preferred Units in July 2025 using $56 million in cash, yielding annual savings of about $5.7 million; it also initiated a $10 million common unit repurchase program in November 2024, acquiring over 370,000 units by mid-2025 at an average price below $4 per unit, while maintaining a contract backlog of roughly $1 billion with no vessel availability expected before 2028.