Dynagas LNG Partners LP

Dynagas LNG Partners LP (DLNG) News & Events

$3.850

+0.051 (+1.32%)At close

DLNG News

DLNG Events

3/13 09:10

Company Reports Q4 Revenue of $40M

Reports Q4 revenue $40M vs $41.7M last year. The company said, "We are pleased to report strong financial results for the fourth quarter and full year 2025, which demonstrated the resilience and stability of our business model. We remain focused on creating value for our common unitholders through disciplined deleveraging and sustainable capital returns. Consistent with this focus, our Board of Directors declared a quarterly cash distribution of $0.050 per common unit which was paid on February 27, 2026. In addition, on November 24, 2025, the Board authorized a new $10.0 million common unit repurchase program to replace the prior program which expired on November 21, 2025, demonstrating our continued commitment to enhancing unitholder value. Recent geopolitical tensions in the Middle East, including the escalation of hostilities involving Iran and increased security risks around the Strait of Hormuz, have introduced significant volatility into global LNG markets. Disruptions to regional LNG production and reduced vessel transits through the strait have raised concerns over potential supply interruptions affecting a substantial portion of global LNG trade. As a result, LNG prices and shipping markets have strengthened, with LNG carrier charter rates increasing sharply amid tightening vessel availability and shifting global trade flows. However, the Partnership's fleet is fully contracted under long-term charters, and therefore the Partnership does not have direct exposure to these short-term market developments. The Partnership is closely monitoring the evolving security situation arising from the Israel-U.S./Iran conflict and broader instability in the Middle East. The safety of our seafarers and the security of our assets remain our highest priorities. As of December 31, 2025, the Partnership had estimated contracted time charter coverage for 100%, 100%, and 64% of its fleet estimated Available Days for 2026, 2027, and 2028, respectively, with an estimated contracted revenue backlog of $0.84 billion and an average remaining contract term of 5.1 years. With respect to charter developments, the Clean Energy is expected to be redelivered from her current charter with SEFE in early April 2026 and will enter into her new time charter with Rio Grande LNG at approximately the same time. The new charter with Rio Grande LNG is at a higher daily rate than the current SEFE charter and is expected to be accretive to the Partnership's revenues and cash flows. With respect to the ongoing Russian sanctions environment, the Partnership continues to monitor developments, including the E.U.'s 19th sanctions package, with which the Partnership is committed to full compliance. For a detailed discussion, please refer to the "Russian Sanctions Developments" section of this press release. Looking ahead, we remain focused on disciplined capital allocation, continued balance sheet deleveraging, and returning capital to our unitholders in a sustainable manner."

12/10 16:20

Dynagas LNG Authorizes Repurchase of Up to $10M of Common Units

Dynagas LNG announced 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 $10M of its outstanding common units through November 24, 2026. The program replaces the partnership's prior common unit repurchase program, which expired on November 21.

9/8 08:35

Dynagas LNG announces Q2 adjusted earnings per share of 25 cents, up from 20 cents a year ago.

Reports Q2 revenue $38.61M vs. $37.62M last year. The company said: "While we remain insulated from short-term volatility in the LNG market, our strategy remains focused on disciplined capital allocation-prioritizing deleveraging, returning capital to common unitholders, and reducing cash outflows through initiatives such as the Series B Preferred Redemption."

本ページは調査目的であり、投資助言ではありません。モデルは誤ることがあります。過去の実績は将来の成果を保証しません。

無料で始める