STOCK TITAN

Dynagas LNG Partners LP - DLNG STOCK NEWS

Welcome to our dedicated news page for Dynagas LNG Partners LP (Ticker: DLNG), a resource for investors and traders seeking the latest updates and insights on Dynagas LNG Partners LP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dynagas LNG Partners LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dynagas LNG Partners LP's position in the market.

Rhea-AI Summary
Dynagas LNG Partners LP (DLNG) reported strong financial results for the year and fourth quarter of 2023, with net income, earnings per unit, and adjusted EBITDA showing positive figures. The company declared cash distributions for its preferred units and signed a term sheet for lease financing of four LNG carriers. Despite ongoing Russian sanctions, the Partnership's operations remain unaffected, but potential impacts are uncertain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.55%
Tags
none
-
Rhea-AI Summary
Dynagas LNG Partners LP (NYSE: DLNG) announced the release of its financial results for the fourth quarter of 2023 on March 28, 2024. The Company's management will host a conference call and webcast to discuss the earnings results. Participants can dial in or register online for the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.47%
Tags
earnings
-
Rhea-AI Summary
Dynagas LNG Partners LP (NYSE: DLNG) has declared a cash distribution of $0.71764025 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units for the period from November 22, 2023, to February 21, 2024. The distribution rate for the Series B Preferred Units changed from fixed to floating, and is determined by the Credit Adjusted Three-Month CME Term SOFR plus a margin. The cash distribution is payable on February 22, 2024, to all Series B Preferred Unitholders of record as of February 14, 2024. This marks the twenty-first sequential cash distribution on the Series B Preferred Units since they began trading on the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Dynagas LNG Partners LP (NYSE: DLNG) has declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from November 12, 2023, to February 11, 2024. The cash distribution is payable on February 12, 2024, to all preferred unit holders of record as of February 5, 2024. Distributions on the Series A Preferred Units will be payable quarterly in arrears on the 12th day of February, May, August, and November of each year, when declared by the Board of Directors. This marks the thirty-fourth sequential cash distribution on the Series A Preferred Units since they began trading on the NYSE. The Partnership currently has 3,000,000 Series A Preferred Units outstanding as of the date of this press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
none
-
Rhea-AI Summary
Dynagas LNG Partners LP (NYSE: “DLNG”) reported Net Income and Earnings per common unit (basic and diluted) of $25.4 million and $0.45, respectively for the nine months ended September 30, 2023. Adjusted EBITDA was $67.0 million with 97% fleet utilization. Quarter Highlights include Net Income of $1.4 million and Loss per common unit (basic and diluted) of $0.04, with Adjusted EBITDA of $20.4 million and 99.8% fleet utilization. The company declared and paid cash distributions on its Series A and B Preferred Units and completed scheduled dry-docks for its vessels. The Arctic Aurora was delivered under a new time charter party agreement with Equinor ASA. The company's CEO emphasized the long-term charters with international gas companies and the commitment to reducing debt, with a net leverage ratio reduction from 6.6 to 4.1 since December 31, 2019. The company's main priority going forward is to refinance its debt. The CEO also highlighted the sustained demand for natural gas and the potential impact of Russian sanctions on the business, operations, and financial condition of the Partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
none
-
Rhea-AI Summary
Dynagas LNG Partners LP (NYSE: “DLNG”) will release its financial results for the third quarter ended September 30, 2023, after market closes in New York on Thursday, December 7, 2023. The next day, Friday, December 8, 2023, the Company's management will host a conference call and webcast to discuss the earnings results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
earnings
Rhea-AI Summary
Dynagas LNG Partners LP (DLNG) conducted its Annual Meeting of Limited Partners in Athens, Greece, on November 30, 2023. Resolutions included the election of Dimitris Anagnostopoulos as a Class III Director and the ratification of Ernst & Young as the independent auditors for the fiscal year ending December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Dynagas LNG Partners LP (NYSE: DLNG) has declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units. The distribution is payable on November 13, 2023, to preferred unit holders of record as of November 6, 2023. Distributions on the Series A Preferred Units are payable quarterly on the 12th day of February, May, August, and November.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Dynagas LNG Partners LP announces its 2023 Annual Meeting of Limited Partners
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
Rhea-AI Summary
Dynagas LNG Partners LP announces Q2 2023 results with net income of $14.4 million and adjusted EBITDA of $23.0 million. Entered new time charter agreements adding $270 million to revenue backlog. Fleet utilization at 91.7%. Decrease in interest and finance costs. Positive outlook for LNG shipping.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
Dynagas LNG Partners LP

NYSE:DLNG

DLNG Rankings

DLNG Stock Data

107.83M
17.64M
52.06%
23.25%
0.02%
Scenic and Sightseeing Transportation, Land
Transportation and Warehousing
Link
Monaco
23 Rue Basse

About DLNG

dynagas lng partners lp, through its subsidiaries, operates in the seaborne transportation industry worldwide. as of april 16, 2020, the company owned and operated a fleet of six liquefied natural gas carriers. dynagas gp llc serves as the general partner of dynagas lng partners lp. dynagas lng partners lp was founded in 2013 and is headquartered in athens, greece.