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Dynagas Lng Partners Lp  (NYSE: DLNG)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Shipping
   Industry Cruise and Shipping
   Sector  Services
 
Price: $4.3600 $0.01 0.230%
Day's High: $4.3971 Week Perf: -2.46 %
Day's Low: $ 4.32 30 Day Perf: -17.74 %
Volume (M): 56 52 Wk High: $ 5.65
Volume (M$): $ 245 52 Wk Avg: $3.93
Open: $4.38 52 Wk Low: $2.27



 Market Capitalization (Millions $) 160
 Shares Outstanding (Millions) 37
 Employees 74
 Revenues (TTM) (Millions $) 160
 Net Income (TTM) (Millions $) 24
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 4

Dynagas Lng Partners Lp

We are a growth-oriented limited partnership focused on owning and operating LNG carriers. Our vessels are employed on multi-year time charters, which we define as charters of two years or more, with international energy companies such as BG Group, Gazprom and Statoil, providing us with the benefits of stable cash flows and high utilization rates. We intend to leverage the reputation, expertise, and relationships of our Sponsor and Dynagas Ltd., our Manager, in maintaining cost-efficient operations and providing reliable seaborne transportation services to our charterers. In addition, we intend to make further vessel acquisitions from our Sponsor and from third parties. There is no guarantee that we will grow the size of our Fleet or the per unit distributions that we intend to pay or that we will be able to make further vessel acquisitions from our Sponsor or third parties.

We believe that we will have the opportunity to grow our business by making additional acquisitions of LNG carriers from our Sponsor or from third parties. The LNG carriers that comprise our Fleet have an average age of 5.2 years and are under time charters with an average remaining term of 5.0 years.

We currently own and operate a fleet of five LNG carriers, consisting of the three LNG carriers in our Initial Fleet, the Clean Energy, the Ob River and the Clean Force, and two 2013-built Ice Class LNG carriers that we acquired from our Sponsor in 2014, the Arctic Aurora and the Yenisei River, which we refer to collectively as our "Fleet." The vessels in our Fleet are employed under multi-year charters with BG Group, Gazprom and Statoil with an average remaining charter term of approximately 5.0 years, as of March 6, 2015. All of the vessels in our Fleet other than the Clean Energy have been assigned with Lloyds Register Ice Class notation 1A FS, or Ice Class, designation for hull and machinery and are fully winterized, which means that they are designed to call at ice-bound and harsh environment terminals and to withstand temperatures up to minus 30 degrees Celsius. According to Drewry, only nine LNG carriers, representing 2.25% of the LNG vessels in the global LNG fleet, have an Ice Class 1A designation or equivalent rating. Moreover, we are the only company in the world that is currently transiting the Northern Sea Route, which is a shipping lane from the Atlantic Ocean to the Pacific Ocean entirely in Arctic waters, with LNG carriers. In addition, we believe that each of the vessels in our Fleet is optimally sized with a carrying capacity of between approximately 150,000 and 155,000 cbm, which allows us to maximize operational flexibility as such medium-to-large size LNG vessels are compatible with most existing LNG terminals around the world. We believe that these specifications enhance our trading capabilities and future employment opportunities because they provide greater diversity in the trading routes available to our charterers.

The Optional Vessels currently consist of five fully winterized newbuilding LNG carriers, two of which have been contracted to operate under multi-year charters with Gazprom and Cheniere. Each of the five newbuilds has or is expected to have upon their delivery the Ice Class designation, or its equivalent, for hull and machinery. One of these vessels was delivered to our Sponsor in 2013, two of these vessels were delivered to our Sponsor in 2014, and the remaining two vessels are scheduled to be delivered to our Sponsor by the second quarter of 2015. The vessel delivered in 2013 is a sister-vessel with vessels in our Fleet and the four other vessels each with a carrying capacity of 162,000 cbm are sister-vessels.



   Company Address: Poseidonos Avenue and Foivis 2 Street Glyfada, Athens 166
   Company Phone Number: 210 891 7960   Stock Exchange / Ticker: NYSE DLNG


Customers Net Income grew by DLNG's Customers Net Profit Margin grew to

20.97 %

10.75 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GLNG        0.69% 
GOGL        0.75% 
NAT   -1.48%    
SEALPA   -1.48%    
TNK   -4.51%    
ASC   -7.27%    
• View Complete Report
   



Dividend

Flexible Foundations: Dynagas LNG Partners LP Upholds Dividend Commitment as Market Strategies Deliver Growth

Published Mon, Feb 10 2025 9:05 PM UTC

In a significant move showcasing its commitment to shareholder value, Dynagas LNG Partners LP (NYSE: DLNG), a prominent player in the liquefied natural gas (LNG) carrier industry, has declared a quarterly cash distribution of $0.049 per unit for the quarter ending December 31, 2024. This announcement, made on February 10, 2025, indicates the Partnership s intention to reward...

Dividend

Navigating the Currents: Dynagas LNG Partners LP Balances Growth and Dividends in a Shifting Energy Market,

Published Tue, Feb 4 2025 9:05 PM UTC

As the global energy market continues to evolve with increasing demand for cleaner alternatives, liquefied natural gas (LNG) emerges as a significant player. Dynagas LNG Partners LP, an Athens-based owner and operator of LNG carriers, underscores its commitment to shareholder value by declaring a cash distribution on its Series B Preferred Units. This move not only highlight...

Dividend

Dynagas LNG Partners Declares Cash Distribution: What This Means for Investors

Published Wed, Jan 22 2025 9:05 PM UTC

On January 22, 2025, Dynagas LNG Partners LP (NYSE: DLNG), a prominent owner and operator of liquefied natural gas (LNG) carriers, made a significant announcement regarding its financial performance and commitment to investors. The company?s Board of Directors declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (NY...

Dividend

Dynagas LNG Partners LP Declares Cash Distribution on Series A Preferred Units and Affirms Commitment Amid Market Volatility

Published Tue, Oct 22 2024 8:05 PM UTC

Athens, Greece October 22, 2024 Dynagas LNG Partners LP (NYSE: DLNG), a prominent owner and operator of liquefied natural gas (LNG) carriers, announced a cash distribution declaration of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (the Series A Preferred Units) for the period from August 12, 2024, to November 11, 2024. This proclamati...

Dividend

Dynagas LNG Partners LP Reinforces Commitment to Stakeholders with Cash Distribution Declaration Amid Mixed 30-Day Stock Performance

Published Mon, Jul 29 2024 8:05 PM UTC

Dynagas LNG Partners LP Declares Cash Distribution on Series B Preferred Units Amid a Mixed Stock Performance Landscape
On July 29, 2024, Dynagas LNG Partners LP (NYSE: DLNG), a prominent owner and operator of liquefied natural gas (LNG) carriers, announced the declaration of a cash distribution of $0.714537806 per unit on its Series B Fixed to Floating Cumulative Redeem...










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