Company Profile


Dynagas LNG Partners LP(DLNG:NYSE)

Dynagas LNG Partners LP (NYSE:DLNG)

Stock data as of
2.86


Last: 2.7
Change: 2.7(1620345600%)
Vol: 35421
Open: Fri May 7, 2021 12:00 AM
Low: 0
High: 0
Mkt: 139.2846


About Dynagas LNG Partners LP

Dynagas LNG Partners LP engages in the provision of seaborne transportation services. The firm's vessels are employed on multi-year time charters with international energy companies. As of December 31, 2016, the Company owned and operated a fleet of six LNG carriers, consisting of the three LNG carriers in its Initial Fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River (collectively referred as its Fleet). The vessels in its Fleet have an average age of 6.6 years and are contracted under multi-year charters with Shell, Gazprom, Statoil and Yamal with an average remaining charter term, as of March 17, 2017, of approximately 10.6 years, including the charter agreements relating to the Yenisei River and the Lena River with Yamal. The firm's Fleet is managed by its manager, Dynagas Ltd.

Recent News

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

Mon, 03 May 2021 09:00:00 -0400 - ATHENS, Greece, May 03, 2021 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that on April 29, 2021, it has filed its Annual Report on Form 20-F for the year ended December 31, 2020 (the “Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).

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

Wed, 21 Apr 2021 16:05:00 -0400 - ATHENS, Greece, April 21, 2021 (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, 2021 to May 11, 2021.

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

Wed, 21 Apr 2021 09:15:00 -0400 - ATHENS, Greece, April 21, 2021 (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.

Dynagas LNG Partners: Drop In Interest Rates Supercharged Earnings

Fri, 19 Mar 2021 18:04:34 -0400 - Not many companies have a debt structure like DLNG does. Interest rates, and more importantly LIBOR, dropping off a cliff last year has basically doubled DLNG's earnings.

Dynagas LNG Partners LP (DLNG) CEO Tony Lauritzen on Q4 2020 Results - Earnings Call Transcript

Wed, 17 Mar 2021 12:55:07 -0400 - Dynagas LNG Partners LP (DLNG) CEO Tony Lauritzen on Q4 2020 Results - Earnings Call Transcript

Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2020

Tue, 16 Mar 2021 16:05:00 -0400 - ATHENS, Greece, March 16, 2021 (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 months and year ended December 31, 2020.

Dynagas LNG Partners: The Fixed (Good), The Floating (Bad), And The Looming Call Date (Ugly)

Fri, 12 Feb 2021 05:48:08 -0500 - Searching for relatively safe, above-average yields has become a real struggle for (but not limited to) income-oriented investors. Dynagas' series A (The Good) preferred stock remains an attractive pick in the current yield-less world, featuring well-covered dividends.

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

Fri, 29 Jan 2021 16:05:00 -0500 - ATHENS, Greece, Jan. 29, 2021 (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 November 22, 2020 to February 21, 2021.

Dynagas LNG (DLNG) Looks Good: Stock Adds 5.9% in Session

Wed, 23 Dec 2020 09:47:10 -0500 - Dynagas LNG (DLNG) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Dynagas LNG: Steady As She Goes

Fri, 18 Dec 2020 16:36:20 -0500 - Q3 2020 results are broadly consistent with my estimates. Target price remains at $3.2/unit. Solid preferred distributions on the back of positive FCF to equity and hefty balance.

Source:StockNews