Dynagas LNG Partners LP Announces New $10 Million Common Unit Repurchase Program
Rhea-AI Summary
Dynagas LNG Partners (NYSE: DLNG) announced a new common unit repurchase program authorizing up to $10 million in buybacks through November 24, 2026. The Program replaces a prior repurchase program that expired on November 21, 2025. Repurchases may occur in privately negotiated transactions, open market trades, or under trading plans intended to qualify under Rule 10b-18 and/or Rule 10b5-1. Management will decide timing and amounts based on legal requirements, market conditions, liquidity, and prevailing unit price. The Program does not obligate any repurchases and may be suspended or discontinued at the Partnership's discretion.
Fleet: six LNG carriers with aggregate capacity of approximately 914,000 cubic meters.
Positive
- Authorized repurchase up to $10 million through Nov 24, 2026
- Program replaces prior buyback that expired Nov 21, 2025
Negative
- Program does not obligate any repurchases
- Repurchases subject to available liquidity and market conditions
- Program may be suspended or discontinued at any time
Key Figures
Market Reality Check
Peers on Argus
DLNG showed a small -0.27% move while peers were mixed: IMPP +3.0%, KNOP +2.17%, SMC +4.42%, MMLP -2.54%, TEN -2.24%. This points to stock-specific dynamics around the buyback news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 26 | Annual meeting results | Neutral | -3.2% | Approval of director re-election and auditor ratification at 2025 meeting. |
| Nov 20 | Quarterly earnings | Positive | +6.5% | Reported solid Q3 and nine-month 2025 results with high utilization. |
| Nov 12 | Earnings release date | Neutral | -0.6% | Set date and process for releasing Q3 and nine-month 2025 results. |
| Oct 30 | Distribution declaration | Positive | +2.0% | Declared <b>$0.050</b> common unit cash distribution for Q3 2025. |
| Oct 29 | Annual meeting date | Neutral | -0.3% | Announced timing and record date for the 2025 annual meeting. |
Recent earnings and distribution announcements coincided with positive price reactions, while routine governance and meeting-related updates saw mild negative moves.
Over the past few months, Dynagas LNG Partners reported strong Q3 2025 earnings with high utilization and significant contracted revenue backlog, alongside ongoing unit repurchases and preferred redemptions. The partnership also maintained regular common and preferred distributions and completed routine governance steps, including setting and holding the 2025 annual meeting. Today’s new $10 million repurchase authorization extends this capital-return pattern following the expiration of the prior buyback program on November 21, 2025.
Market Pulse Summary
This announcement detailed a new common unit repurchase program authorizing up to $10 million in buybacks through November 24, 2026, replacing a prior program that expired on November 21, 2025. It continued Dynagas LNG Partners’ pattern of returning capital alongside operating a six-vessel LNG fleet with about 914,000 cubic meters of capacity. Investors should track actual repurchase activity, evolving liquidity, and future earnings updates to gauge how impactful the authorization becomes over time.
Key Terms
rule 10b-18 regulatory
rule 10b5-1 regulatory
master limited partnership financial
AI-generated analysis. Not financial advice.
ATHENS, Greece, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner of liquefied natural gas carriers, announced today that its Board of Directors has authorized a new program under which the Partnership may, from time to time, repurchase up to an aggregate of
Repurchases of common units under the Program may be made, from time to time, in privately negotiated transactions, in open market transactions, or by other means, including through trading plans intended to qualify under Rule 10b-18 and/or Rule 10b5-1 of the U.S. Securities Exchange Act of 1934, as amended. The amount and timing of any repurchases made under the Program will be in the sole discretion of the Partnership’s management team, and will depend on a variety of factors, including legal requirements, market conditions, other investment opportunities, available liquidity, and the prevailing market price of the common units. The Program does not obligate the Partnership to repurchase any dollar amount or number of common units, and the Program may be suspended or discontinued at any time at the Partnership’s discretion.
About Dynagas LNG Partners LP
Dynagas LNG Partners LP. (NYSE: DLNG) is a master limited partnership that owns liquefied natural gas (LNG) carriers employed on multi-year charters. The Partnership’s current fleet consists of six LNG carriers, with an aggregate carrying capacity of approximately 914,000 cubic meters.
Visit the Partnership’s website at www.dynagaspartners.com. The Partnership’s website and its contents are not incorporated into and do not form a part of this release.
Contact Information:
Dynagas LNG Partners LP
Attention: Michael Gregos
Tel. +30 210 8917960
Email: management@dynagaspartners.com
Investor Relations / Financial Media:
Nicolas Bornozis
Markella Kara
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, NY 10169
Tel. (212) 661-7566
E-mail: dynagas@capitallink.com
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Partnership desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “project,” “will,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. These forward-looking statements are not intended to give any assurance as to future results and should not be relied upon.
The forward-looking statements in this press release are based upon various assumptions and estimates, many of which are based, in turn, upon further assumptions, including without limitation, examination by the Partnership’s management of historical operating trends, data contained in its records and other data available from third parties. Although the Partnership believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Partnership’s control, the Partnership cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in the Partnership’s view, could cause actual results to differ materially from those discussed, expressed or implied, in the forward looking statements include, but are not limited to, the strength of world economies and currency fluctuations, general market conditions, including fluctuations in charter rates, ownership days, and vessel values, changes in supply of and demand for liquefied natural gas (LNG) shipping capacity, changes in the Partnership’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Partnership’s vessels, the early termination of Partnership’s charters and the Partnership’s inability to replace assets and/or long-term contracts, the availability of financing and refinancing, changes in governmental laws, rules and regulations or actions taken by regulatory authorities, economic, regulatory, political and governmental conditions that affect the shipping and the LNG industry, potential liability from pending or future litigation, and potential costs due to environmental damage and vessel collisions, general domestic and international political conditions, potential disruption of shipping routes due to accidents, political events, or international hostilities, geopolitical events including ongoing conflicts and hostilities in the Middle East and other regions throughout the world and the global response to such conflicts and hostilities, changes in tariffs, trade barriers, including recently imposed tariffs by the U.S. and the effects of retaliatory tariffs and countermeasures from affected countries, the effect of applicable sanctions and embargos; vessel breakdowns, instances of off-hires, the length and severity of epidemics and pandemics, the impact of public health threats and outbreaks of other highly communicable diseases, the amount of cash available for distribution, and other important factors, including those the Partnership describes from time to time in the reports it files with the U.S. Securities and Exchange Commission (the “SEC”).
Please see the Partnership’s filings with the SEC for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof. The Partnership undertakes no obligation, and specifically declines any obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable laws. New factors emerge from time to time, and it is not possible for the Partnership to predict all of these factors which may adversely affect its results. Further, the Partnership cannot assess the effect of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. If one of more forward-looking statements are updated, no inference should be drawn that additional updates will be made with respect to those or other forward-looking statements.
FAQ
How much can Dynagas LNG Partners (DLNG) repurchase under the new program?
What is the effective period for the DLNG repurchase program?
Does the DLNG repurchase program require the Partnership to buy units?
What methods can Dynagas (DLNG) use to repurchase common units?
Why might Dynagas (DLNG) suspend or discontinue the buyback program?
How large is Dynagas LNG Partners’ fleet mentioned in the announcement?
