Dynagas LNG Partners LP is a limited partnership, which focuses on owning and operating liquid natural gas (LNG) carriers. The Company's vessels are employed on multi-year time charters with international energy companies. As of December 31, 2016, the Company owned and operated a fleet of six LNG carriers, consisting of the three LNG carriers in its Initial Fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River (collectively referred as its Fleet). The vessels in its Fleet have an average age of 6.6 years and are contracted under multi-year charters with Shell, Gazprom, Statoil and Yamal with an average remaining charter term, as of March 17, 2017, of approximately 10.6 years, including the charter agreements relating to the Yenisei River and the Lena River with Yamal. The Company's Fleet is managed by its manager, Dynagas Ltd.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: LNG Transportation & Storage
- Sub-Industry: N/A
- Symbol: NYSE:DLNG
- CUSIP: N/A
- Web: www.dynagaspartners.com
- Market Cap: $520.8 million
- Outstanding Shares: 35,525,000
- 50 Day Moving Avg: $15.18
- 200 Day Moving Avg: $16.17
- 52 Week Range: $12.40 - $17.93
Sales & Book Value:
- Trailing P/E Ratio: 9.38
- Foreward P/E Ratio: 15.36
- P/E Growth: 14.37
- Annual Revenue: $166.2 million
- Price / Sales: 3.15
- Book Value: $8.19 per share
- Price / Book: 1.80
- Annual Dividend: $1.69
- Dividend Yield: 11.5%
- EBIDTA: $128.29 million
- Net Margins: 37.68%
- Return on Equity: 23.74%
- Return on Assets: 6.28%
- Debt-to-Equity Ratio: 2.44%
- Current Ratio: 4.19%
- Quick Ratio: 4.19%
- Average Volume: 171,080 shs.
- Beta: 1.12
- Short Ratio: 0.39
Frequently Asked Questions for Dynagas LNG Partners LP (NYSE:DLNG)
What is Dynagas LNG Partners LP's stock symbol?
Dynagas LNG Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLNG."
How often does Dynagas LNG Partners LP pay dividends? What is the dividend yield for Dynagas LNG Partners LP?
Dynagas LNG Partners LP announced a quarterly dividend on Wednesday, April 12th. Investors of record on Friday, April 21st will be given a dividend of $0.4225 per share on Friday, April 28th. This represents a $1.69 annualized dividend and a yield of 11.46%. The ex-dividend date is Wednesday, April 19th. View Dynagas LNG Partners LP's Dividend History.
How were Dynagas LNG Partners LP's earnings last quarter?
Dynagas LNG Partners LP (NYSE:DLNG) released its quarterly earnings data on Thursday, June, 8th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.34 by $0.03. The company had revenue of $39.09 million for the quarter, compared to analyst estimates of $40.38 million. Dynagas LNG Partners LP had a return on equity of 23.74% and a net margin of 37.68%. View Dynagas LNG Partners LP's Earnings History.
Where is Dynagas LNG Partners LP's stock going? Where will Dynagas LNG Partners LP's stock price be in 2017?
6 equities research analysts have issued twelve-month price objectives for Dynagas LNG Partners LP's shares. Their predictions range from $9.50 to $20.00. On average, they anticipate Dynagas LNG Partners LP's stock price to reach $16.25 in the next year. View Analyst Ratings for Dynagas LNG Partners LP.
Who are some of Dynagas LNG Partners LP's key competitors?
Some companies that are related to Dynagas LNG Partners LP include Frontline (FRO), Marten Transport (MRTN), Avianca Holdings S.A. (AVH), Textainer Group Holdings Limited (TGH), Hertz Global Holdings (HTZ), Golden Ocean Group Limited (GOGL), Costamare (CMRE), American Railcar Industries (ARII), Seaspan Corporation (SSW), Martin Midstream Partners L.P. (MMLP), KNOT Offshore Partners LP (KNOP), GasLog Partners LP (GLOP), Nordic American Tankers Limited (NAT), International Seaways (INSW), Echo Global Logistics (ECHO), Star Bulk Carriers Corp. (SBLK), Student Transportation (STB) and Teekay Corporation (TK).
Who are Dynagas LNG Partners LP's key executives?
Dynagas LNG Partners LP's management team includes the folowing people:
- George Prokopiou, Chairman of the Board
- Tony Lauritzen, Chief Executive Officer, Director
- Michael Gregos, Chief Financial Officer
- Levon Dedegian, Director
- Alexios Rodopoulos, Director
- Evangelos Vlahoulis, Director
Who owns Dynagas LNG Partners LP stock?
Dynagas LNG Partners LP's stock is owned by a number of of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (5.66%), Clearbridge Investments LLC (4.14%), Bank of America Corp DE (1.80%), CI Global Investments Inc. (1.29%), Renaissance Technologies LLC (0.76%) and Van ECK Associates Corp (0.72%). View Institutional Ownership Trends for Dynagas LNG Partners LP.
Who sold Dynagas LNG Partners LP stock? Who is selling Dynagas LNG Partners LP stock?
Dynagas LNG Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Morgan Stanley, California Public Employees Retirement System, UBS Group AG, Muhlenkamp & Co. Inc. and Stifel Financial Corp. View Insider Buying and Selling for Dynagas LNG Partners LP.
Who bought Dynagas LNG Partners LP stock? Who is buying Dynagas LNG Partners LP stock?
Dynagas LNG Partners LP's stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Clearbridge Investments LLC, Renaissance Technologies LLC, Bank of America Corp DE, Ameriprise Financial Inc., Pointe Capital Management LLC, Goldman Sachs Group Inc. and Proficio Capital Partners LLC. View Insider Buying and Selling for Dynagas LNG Partners LP.
How do I buy Dynagas LNG Partners LP stock?
Shares of Dynagas LNG Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Dynagas LNG Partners LP's stock price today?
MarketBeat Community Rating for Dynagas LNG Partners LP (NYSE DLNG)MarketBeat's community ratings are surveys of what our community members think about Dynagas LNG Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Dynagas LNG Partners LP stock can currently be purchased for approximately $14.75.
Consensus Ratings for Dynagas LNG Partners LP (NYSE:DLNG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$16.25 (10.17% upside)|
Analysts' Ratings History for Dynagas LNG Partners LP (NYSE:DLNG)
(Data available from 6/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/13/2017||Morgan Stanley||Lower Price Target||Equal Weight||$13.00||Low|
|6/12/2017||Jefferies Group LLC||Reiterated Rating||Buy||$19.00||High|
|6/8/2017||Maxim Group||Set Price Target||Buy||$20.00||Medium|
|4/6/2017||Stifel Nicolaus||Boost Price Target||Buy -> Buy||$18.00 -> $19.00||Low|
|3/1/2017||Clarkson Capital||Downgrade||Buy -> Neutral||$17.00||N/A|
|9/19/2016||Wells Fargo & Company||Initiated Coverage||Market Perform||$9.50||N/A|
|6/1/2016||Credit Suisse Group||Reiterated Rating||Outperform||N/A|
|5/18/2016||Deutsche Bank AG||Reiterated Rating||Hold||N/A|
|1/11/2016||Barclays PLC||Downgrade||Overweight -> Underweight||N/A|
Earnings History for Dynagas LNG Partners LP (NYSE:DLNG)Earnings History by Quarter for Dynagas LNG Partners LP (NYSE DLNG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/8/2017||3/31/2017||$0.34||$0.37||$40.38 million||$39.09 million||View||Listen|
|2/27/2017||Q416||$0.42||$0.44||$41.52 million||$41.39 million||View||N/A|
|11/14/2016||9/30/2016||$0.47||$0.49||$42.44 million||$43.09 million||View||N/A|
|7/28/2016||Q216||$0.43||$0.48||$42.32 million||$43.60 million||View||N/A|
|5/17/2016||Q1||$0.45||$0.48||$43.02 million||$42.74 million||View||N/A|
|2/16/2016||Q415||$0.41||$0.38||$36.90 million||$37.02 million||View||Listen|
|11/9/2015||Q315||$0.42||$0.41||$36.98 million||$37.00 million||View||N/A|
|8/25/2015||Q215||$0.42||$0.41||$35.60 million||$35.55 million||View||Listen|
|5/14/2015||Q115||$0.40||$0.43||$35.58 million||$35.62 million||View||N/A|
|2/18/2015||Q4 2014||$0.43||$0.44||$34.97 million||$36.38 million||View||N/A|
|11/10/2014||Q314||$0.40||$0.40||$27.88 million||$28.84 million||View||N/A|
|8/6/2014||Q2||$0.35||$0.37||$21.83 million||$20.86 million||View||N/A|
|5/15/2014||Q1 2014||$0.36||$0.37||$20.52 million||$21.01 million||View||N/A|
|12/12/2013||Q313||$0.38||$0.40||$21.44 million||$21.56 million||View||N/A|
Earnings Estimates for Dynagas LNG Partners LP (NYSE:DLNG)
Current Year EPS Consensus Estimate: $0.97 EPS
Next Year EPS Consensus Estimate: $0.96 EPS
Current Dividend Information for Dynagas LNG Partners LP (NYSE:DLNG)
|Most Recent Dividend:||4/28/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||106.96% (Trailing 12 Months of Earnings) |
174.23% (Based on This Year's Estimates)
176.04% (Based on Next Year's Estimates)
Dividend History by Quarter for Dynagas LNG Partners LP (NYSE DLNG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Dynagas LNG Partners LP (NYSE:DLNG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Dynagas LNG Partners LP (NYSE:DLNG)
Latest Headlines for Dynagas LNG Partners LP (NYSE:DLNG)
|Dynagas LNG Partners LP (DLNG) Expected to Announce Quarterly Sales of $33.70 Million|
www.americanbankingnews.com - June 24 at 9:36 AM
|Why Dynagas LNG Partners (DLNG) Could Be Positioned for a Slump - Nasdaq|
www.nasdaq.com - June 23 at 5:23 PM
| Analysts Expect Dynagas LNG Partners LP (DLNG) Will Announce Earnings of $0.17 Per Share|
www.americanbankingnews.com - June 22 at 11:04 AM
|Dynagas LNG Partners LP :DLNG-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017|
finance.yahoo.com - June 21 at 6:06 PM
|Morgan Stanley Lowers Dynagas LNG Partners LP (DLNG) Price Target to $13.00|
www.americanbankingnews.com - June 18 at 4:20 PM
|Earnings Highlights and Review: Star Bulk Carriers' Quarterly Revenue Surged 40%; Losses Narrowed|
finance.yahoo.com - June 15 at 6:42 PM
|Is This 11% Dividend Yield About To Get Cut?|
seekingalpha.com - June 14 at 5:42 PM
|Jefferies Group LLC Reiterates "Buy" Rating for Dynagas LNG Partners LP (DLNG)|
www.americanbankingnews.com - June 12 at 8:28 AM
|A 12% Yielder With Upside Potential Waiting To Set Sail - Seeking Alpha|
seekingalpha.com - June 11 at 9:54 PM
|Maxim Group Analysts Give Dynagas LNG Partners LP (DLNG) a $20.00 Price Target|
www.americanbankingnews.com - June 11 at 8:30 AM
|Dynagas LNG Partners LP (DLNG) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - June 9 at 7:02 PM
|Dynagas LNG Partners LP 2017 Q1 - Results - Earnings Call Slides|
seekingalpha.com - June 9 at 5:11 PM
|Dynagas LNG Partners LP (DLNG) Announces Quarterly Earnings Results|
www.americanbankingnews.com - June 9 at 8:26 AM
|BRIEF-Dynagas LNG Q1 earnings per share $0.32|
www.reuters.com - June 8 at 10:47 PM
|Edited Transcript of DLNG earnings conference call or presentation 8-Jun-17 2:00pm GMT|
finance.yahoo.com - June 8 at 10:47 PM
|Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2017|
finance.yahoo.com - June 8 at 5:46 PM
|Dynagas LNG Partners LP (DLNG) Lifted to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - June 6 at 7:56 PM
|Dynagas LNG Partners (DLNG) & Seaspan (SSW) Head-To-Head Contrast|
www.americanbankingnews.com - June 3 at 10:43 PM
|Dynagas LNG Partners LP (DLNG) Expected to Announce Quarterly Sales of $40.38 Million|
www.americanbankingnews.com - May 31 at 2:52 PM
|Zacks: Brokerages Anticipate Dynagas LNG Partners LP (DLNG) Will Announce Earnings of $0.34 Per Share|
www.americanbankingnews.com - May 29 at 8:44 AM
|Dynagas LNG Partners LP (DLNG) PT Set at $20.00 by Maxim Group|
www.americanbankingnews.com - May 23 at 8:04 PM
|Dynagas LNG Partners Announces Date for the Release of First Quarter 2017 Results, Conference Call and Webcast|
finance.yahoo.com - May 22 at 11:59 AM
|CORRECTION - Dynagas LNG Partners Announces Date for the Release of First Quarter 2017 Results, Conference Call and Webcast|
finance.yahoo.com - May 22 at 11:59 AM
|DYNAGAS LNG PARTNERS LP|
www.finanznachrichten.de - May 20 at 10:49 AM
|Dynagas LNG Partners LP Announces Closing of $480 Million Term Loan B|
finance.yahoo.com - May 18 at 4:38 PM
|Dynagas LNG Partners LP (DLNG) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - May 15 at 2:46 PM
|Which Companies Are Poised To Win From Melting Of Arctic Circle? - Benzinga|
www.benzinga.com - May 14 at 4:48 PM
| Brokerages Expect Dynagas LNG Partners LP (DLNG) Will Post Earnings of $0.34 Per Share|
www.americanbankingnews.com - May 3 at 6:02 PM
|Dynagas LNG Partners LP (DLNG) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - May 3 at 1:00 AM
|Dynagas LNG Partners LP – Value Analysis (NYSE:DLNG) : May 1, 2017|
finance.yahoo.com - May 2 at 7:34 PM
|Dynagas LNG Partners (DLNG) Earns Coverage Optimism Rating of 0.06|
www.americanbankingnews.com - May 2 at 8:18 AM
|Dynagas LNG Partners Series A Cumulative Redeemable Preferred Units Ex-Dividend Reminder|
www.nasdaq.com - May 1 at 4:37 PM
|Dynagas LNG Partners LP breached its 50 day moving average in a Bearish Manner : DLNG-US : April 28, 2017|
finance.yahoo.com - April 28 at 5:49 PM
|Dynagas LNG Partners (DLNG) Getting Positive News Coverage, Analysis Shows|
www.americanbankingnews.com - April 27 at 10:52 AM
|Sell Dynagas LNG Partners Due To A Possible Dividend Reduction, Buy Gaslog Parters As A Hedge|
seekingalpha.com - April 27 at 12:26 AM
|Dynagas LNG Partners (DLNG) Earns News Sentiment Score of 0.24|
www.americanbankingnews.com - April 22 at 11:15 AM
|Dynagas LNG Partners LP (DLNG) Ex-Dividend Date Scheduled for April 19, 2017 - Nasdaq|
www.nasdaq.com - April 19 at 4:44 PM
|Dynagas LNG Partners (DLNG) Earns Coverage Optimism Rating of 0.05|
www.americanbankingnews.com - April 19 at 10:03 AM
|Dynagas LNG Partners LP (DLNG) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - April 18 at 3:03 PM
|Somewhat Favorable Press Coverage Very Unlikely to Impact Dynagas LNG Partners (DLNG) Stock Price|
www.americanbankingnews.com - April 16 at 1:49 PM
|Zacks: Brokerages Anticipate Dynagas LNG Partners LP (DLNG) Will Announce Quarterly Sales of $40.38 Million|
www.americanbankingnews.com - April 14 at 1:40 PM
|Dynagas LNG Partners (DLNG) Earns Daily Coverage Optimism Score of -0.01|
www.americanbankingnews.com - April 13 at 12:24 PM
|Dynagas LNG Partners LP Declares Dividend of $0.42 (DLNG)|
www.americanbankingnews.com - April 13 at 10:53 AM
|Dynagas LNG Partners LP (DLNG) Expected to Announce Earnings of $0.34 Per Share|
www.americanbankingnews.com - April 12 at 2:31 PM
|Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended March 31, 2017 of $0.4225 per Common Unit|
finance.yahoo.com - April 12 at 10:26 AM
|Dynagas LNG Partners LP breached its 50 day moving average in a Bearish Manner : DLNG-US : April 6, 2017|
finance.yahoo.com - April 7 at 9:26 AM
|Arctic LNG Carriers Ltd -- Moody's assigns (P)B1 to Dynagas' proposed Term Loan B|
finance.yahoo.com - April 7 at 9:26 AM
|Dynagas LNG Partners LP (DLNG) Given New $19.00 Price Target at Stifel Nicolaus|
www.americanbankingnews.com - April 6 at 11:55 AM
|Dynagas LNG Partners LP (DLNG)|
finance.yahoo.com - April 3 at 5:08 PM
|Dynagas LNG Partners LP Benefits From Russian Connection|
seekingalpha.com - March 26 at 10:10 AM
Dynagas LNG Partners LP (DLNG) Chart for Tuesday, June, 27, 2017