DLNG Stock Recent News

ATHENS, Greece, April 11, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE:DLNG) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).

Dynagas LNG Partners owns LNG vessels with a charter backlog of nearly six years, generating about $1B in total revenue, but with a Russia-related risk. Preferred shares offer a safer investment, with Series A providing a fixed dividend and Series B tied to 3M SOFR, yielding around 10%. Dynagas reported strong cash flows and well-covered preferred dividends, with a net profit of $14.1M and minimal capex in FY 2024.

ATHENS, Greece, March 06, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and twelve months ended December 31, 2024. Twelve months Highlights: Net Income and Earnings per common unit (basic and diluted) of $51.6 million and $1.05, respectively; Adjusted Net Income(1) of $54.2 million and Adjusted Earnings per common unit(1) (basic and diluted) of $1.12; Adjusted EBITDA(1) $115.0 million; and 100% fleet utilization( 2).

ATHENS, Greece, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its financial results for the fourth quarter results ended December 31, 2024, before market opens in New York on Thursday, March 6, 2025.

Dynagas: Large Backlog, Unit Repurchases, And Net Income Growth Explosion

ATHENS, Greece, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2024 of $0.049 per unit. The cash distribution is payable on or about February 27, 2025 to all unit holders of record as of February 24, 2025.

ATHENS, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Board of Directors has declared a cash distribution of $0.677286319 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from and including November 22, 2024 to and including February 23, 2025 (the “Distribution Period”).

The UP World LNG Shipping Index (UPI) gained 0.40%, while the S&P 500 lost 1%, reflecting stable market conditions and cold weather in Europe. LNG tankers are diverting from Asia to Europe due to lower gas consumption in Asia and higher demand in Europe. Spot rates for LNG shipping are falling, with rates below operating costs, impacting companies like Awilco LNG and Chevron negatively.

ATHENS, Greece, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced that its Board of Directors has declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) (NYSE: DLNG PR A) for the period from November 12, 2024 to February 11, 2025.

Dynagas LNG Partners reinstated dividends after refinancing debt, removing constraints on capital allocation, and maintaining strong cash flows. Q3 2024 results show $19.8M operating income and $15.1M net profit, with a net debt reduction to $280M. Preferred shares offer attractive dividends. Series A has a fixed 9% yield, while Series B offers a floating rate tied to 3M SOFR.