Welcome to our dedicated page for Dynagas Lng Partners Lp news (Ticker: DLNG), a resource for investors and traders seeking the latest updates and insights on Dynagas Lng Partners Lp stock.
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), an LNG carrier owner and operator, has announced a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (NYSE: DLNG PR A). This distribution covers the period from May 12, 2024 to August 11, 2024 and is payable on August 12, 2024 to unitholders of record as of August 5, 2024. This marks the 36th 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.
Dynagas LNG Partners LP (NYSE: DLNG) reported its financial results for the three months ended March 31, 2024. The company announced a net income of $11.8 million and earnings per common unit of $0.23. Adjusted net income was $12.4 million with adjusted EBITDA at $29.0 million, and the fleet utilization stood at 100%. Dividends were declared and paid on Series A and B preferred units. Dynagas has entered a $345 million lease financing agreement with China Development Bank Financial Leasing Co. , enabling it to fully prepay its $675 million credit facility. The company's LNG carriers are operating under long-term charters with an average remaining contract term of 6.6 years, contributing to an estimated contract backlog of $1.07 billion. The recent EU sanctions targeting the Russian LNG sector are being assessed for their impact on operations.
Dynagas LNG Partners LP (NYSE: DLNG) announced that it will release its financial results for the first quarter ended March 31, 2024, after the market closes in New York on Thursday, June 27, 2024.
Following the release, the company will host a conference call and webcast to discuss the earnings results on Friday, June 28, 2024, at 10:00 a.m. Eastern Time. The call-in numbers for the conference call are 877-405-1226 (US) and +1 201-689-7823 (International).
Participants may also register for the call using a 'call me' option for ease of access. The webcast will be available live and as an archived version with accompanying slides on the company's website, where participants can also download the PDF presentation of the financial results.
Dynagas LNG Partners LP announced a cash distribution of $0.69853375 per unit on its Series B Preferred Units for the Distribution Period from February 22, 2024, to May 21, 2024. The distribution rate was 11.17654%, payable on May 22, 2024, to all Series B Preferred Unitholders of record as of May 15, 2024. Distributions are quarterly on February, May, August, and November.
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