Dynagas Lng Partners Lp Stock Price, News & Analysis

Dynagas LNG Partners LP (NYSE: DLNG) announced a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from August 12, 2021, to November 11, 2021. This distribution, the 25th since trading began, will be payable on November 12, 2021, to preferred unit holders of record as of November 5, 2021. The Partnership currently has 3,000,000 Series A Preferred Units outstanding.

Dynagas LNG Partners LP (DLNG) announced its Q2 2021 financial results, showcasing net income of $9.1 million, or $0.17 per common unit, and adjusted net income of $10.4 million, or $0.20 per common unit. The partnership achieved 100% fleet utilization and reported adjusted EBITDA of $23.6 million. A quarterly cash distribution of $0.5625 per Series A Preferred Unit and $0.546875 per Series B Preferred Unit was declared. The estimated contracted revenue backlog stands at approximately $1.09 billion with an average contract term of 7.4 years. The company aims to enhance liquidity and pursue future growth initiatives.

Dynagas LNG Partners LP (NYSE: DLNG) will release its financial results for Q2 2021 on September 7, 2021, after market close. A conference call to discuss these results is scheduled for September 8, 2021, at 10:00 a.m. ET. Participants are encouraged to join the call 10 minutes early using the provided dial-in numbers. An archived audio webcast will be available on the company's website following the call.

The Partnership operates LNG carriers under multi-year charters with a fleet comprising six vessels, totaling approximately 914,000 cubic meters of carrying capacity.

Dynagas LNG Partners LP (NYSE: DLNG) announced a cash distribution of $0.546875 per unit on its Series B Preferred Units for the period of May 22, 2021 to August 21, 2021. This cash distribution is to be paid on August 23, 2021 to all preferred unit holders on record as of August 16, 2021. This marks the eleventh consecutive distribution since the Series B Preferred Units began trading on the NYSE. The Partnership currently has 2,200,000 Series B Preferred Units outstanding.

Dynagas LNG Partners LP (NYSE: DLNG) has announced a cash distribution of $0.5625 per unit on its Series A Preferred Units for the period from May 12, 2021, to August 11, 2021. This payment, to be made on August 12, 2021, marks the twenty-fourth sequential distribution since the units began trading. With 3,000,000 Series A Preferred Units outstanding, the distributions will continue on a quarterly basis. The company operates six LNG carriers with a total capacity of approximately 914,000 cubic meters.

Dynagas LNG Partners LP (DLNG) reported strong results for Q1 2021, showcasing a net income of $15.9 million and earnings per common unit of $0.36, a significant increase compared to $6.9 million and $0.11 in Q1 2020. Adjusted net income rose to $10.6 million, while adjusted EBITDA increased to $23.9 million. The partnership achieved 100% fleet utilization and declared cash distributions for its Series A and B Preferred Units. Additionally, a new charter agreement with Equinor ensures ongoing revenue, with an estimated backlog of $1.12 billion.

Dynagas LNG Partners LP (DLNG) announced it will release its first quarter financial results for the period ending March 31, 2021, after market close on June 17, 2021. Following this, management will hold a conference call on June 18, 2021, at 10:00 a.m. ET to discuss the results. The call can be accessed via specified dial-in numbers, and a replay will be available on the company’s website. Dynagas owns and operates LNG carriers, with a current fleet of six vessels, totaling approximately 914,000 cubic meters in carrying capacity.

Dynagas LNG Partners LP (NYSE: DLNG) announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2020, with the SEC on April 29, 2021. The report details the Partnership's operations in LNG shipping, showcasing its fleet of six LNG carriers with a total capacity of approximately 914,000 cubic meters. Unitholders can access the report online or request a hard copy at no charge. The Partnership emphasizes its commitment to transparency and regulatory compliance while navigating the complexities of the LNG market.

Dynagas LNG Partners LP has declared a cash distribution of $0.546875 per unit on its Series B Preferred Units for the period from February 22 to May 21, 2021. The distribution is payable on May 24, 2021 to preferred unit holders of record as of May 17, 2021. This marks the tenth consecutive cash distribution since these units began trading on the NYSE. The Partnership currently has 2,200,000 Series B Preferred Units outstanding, and distributions are made quarterly, contingent upon Board approval.