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Dynagas LNG Partners LP (DLNG) operates a specialized fleet of LNG carriers critical to global energy transportation. This news hub provides investors and industry professionals with centralized access to official corporate updates and strategic developments.
Find verified information on DLNG's earnings announcements, charter agreements, and fleet deployments. Our curated collection features press releases covering operational milestones, vessel utilization rates, and partnership formations within the LNG shipping sector.
The resource prioritizes updates on ice-class carrier operations, multi-year contract executions, and market positioning strategies. All content maintains editorial neutrality while supporting analysis of DLNG's role in maritime energy logistics.
Bookmark this page for efficient tracking of Dynagas LNG Partners' corporate communications. Return regularly for authoritative updates on LNG transportation developments and partnership activities.
Dynagas LNG Partners LP (NYSE: DLNG) has reported its financial results for Q4 and full-year 2024. The company achieved net income of $51.6 million for the full year, with earnings per unit of $1.05. Q4 highlights include net income of $14.1 million ($0.29 per unit) and Adjusted EBITDA of $28.5 million.
The company maintains 100% fleet utilization with all six LNG carriers under long-term charters averaging 5.9 years remaining. The estimated contract backlog stands at approximately $1.0 billion as of March 2025. Following June 2024 debt refinancing, two vessels are now debt-free with reduced annual debt amortization of $44 million.
Notable developments include a $10 million common unit repurchase program authorized in November 2024, with 55,118 units already repurchased at an average price of $4.45. The company declared quarterly distributions for both preferred and common units, with common unit holders receiving $0.049 per unit for Q4 2024.
Dynagas LNG Partners LP (NYSE: DLNG), a company specializing in LNG carrier ownership and operations, has scheduled the release of its fourth quarter 2024 financial results for Thursday, March 6, 2025, before the New York market opens.
While the Partnership will not conduct a conference call to discuss the three- and twelve-month results ending December 31, 2024, they will maintain transparency through a detailed press release. The quarterly financial results presentation will be accessible on the company's website in the Investor Relations section under Presentations. Stakeholders are encouraged to submit specific questions about financial performance directly to the company.
Dynagas LNG Partners LP (NYSE: DLNG), a company specializing in LNG carrier ownership and operations, has announced its quarterly cash distribution for Q4 2024. The Board of Directors has declared a distribution of $0.049 per unit, which will be paid around February 27, 2025. Unit holders recorded as of February 24, 2025 will be eligible for this distribution.
Dynagas LNG Partners LP (NYSE: DLNG) has announced a quarterly cash distribution of $0.677286319 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units for the period from November 22, 2024, to February 23, 2025.
The distribution rate for this period is set at 10.375450%, comprising a Credit Adjusted Three-Month CME Term SOFR of 4.782450% plus a spread of 5.593%. The payment will be made on February 24, 2025, to unitholders of record as of February 14, 2025.
This marks the twenty-fifth consecutive quarterly distribution on the Series B Preferred Units since their NYSE listing. The Partnership currently has 2,200,000 Series B Preferred Units outstanding.
Dynagas LNG Partners LP (NYSE: DLNG) has announced a quarterly cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from November 12, 2024, to February 11, 2025. The distribution will be paid on February 12, 2025, to holders of record as of February 5, 2025.
This marks the 38th consecutive quarterly distribution on the Series A Preferred Units since their NYSE listing. The Partnership currently has 3,000,000 Series A Preferred Units outstanding. These distributions are paid quarterly in February, May, August, and November, subject to Board approval.
Dynagas LNG Partners LP (NYSE: DLNG), a liquefied natural gas carriers operator, held its Annual Meeting of Partners on November 29, 2024, in Athens, Greece. The meeting resulted in two key approvals: the re-election of Evangelos Vlahoulis as a Class I Director for a three-year term until 2027, and the ratification of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Partnership's independent auditors for fiscal year 2024.
Dynagas LNG Partners LP reported strong financial results for Q3 2024, with Net Income of $15.1 million and earnings per unit of $0.32. The company achieved 100% fleet utilization and Adjusted EBITDA of $28.9 million. All six LNG carriers operate under long-term charters with an average remaining term of 6.2 years, representing a contract backlog of approximately $1.01 billion. The Partnership announced two significant developments: the reinstatement of quarterly cash distributions to common unitholders and authorization of a $10 million common unit repurchase program over the next 12 months. The company maintains strong operations despite ongoing Russian sanctions, with no material impact on business operations.
Dynagas LNG Partners (NYSE: DLNG) has announced it will release its third quarter 2024 financial results before market opens in New York on Friday, November 22, 2024. The company will not hold a conference call for the three- and nine-months results ended September 30, 2024. Instead, stakeholders are encouraged to submit questions about financial performance directly. A presentation of the Q3 results will be available on the company's website in the Investor Relations section.
Dynagas LNG Partners LP (NYSE: DLNG) has announced a quarterly cash distribution of $0.69999031 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units for the period from August 22, 2024, to November 21, 2024. The distribution rate for this period is 10.956370%, comprising a Credit Adjusted Three-Month CME Term SOFR of 5.36337% plus a spread of 5.593%. The payment will be made on November 22, 2024, to unitholders of record as of November 15, 2024. The Partnership currently has 2,200,000 Series B Preferred Units outstanding.
Dynagas LNG Partners LP (NYSE: DLNG) has announced its 2024 Annual Meeting of Partners scheduled for November 29, 2024 at 4:00 p.m. local time in Athens, Greece. The Board has set October 21, 2024 as the Record Date for determining Partners eligible to vote. The Meeting Notice and Proxy Statement will be distributed around October 25, 2024 to record holders and will be available on the SEC website and the company's website along with the 2023 Annual Report.
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