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
Capitalization:- Market Cap: $476.75 million
- Outstanding Shares: 35,525,000
Average Prices:- 50 Day Moving Avg: $14.08
- 200 Day Moving Avg: $15.41
- 52 Week Range: $12.76 - $17.93
P/E:- Trailing P/E Ratio: 14.42
- Foreward P/E Ratio: 18.77
- P/E Growth: 16.40
Sales & Book Value:- Annual Revenue: $155.54 million
- Price / Sales: 3.13
- Book Value: $7.57 per share
- Price / Book: 1.81
Dividend:- Annual Dividend: $1.69
- Dividend Yield: 12.6%
Profitability:- EBIDTA: $111.3 million
- Net Margins: 26.03%
- Return on Equity: 19.22%
- Return on Assets: 5.02%
Debt:- Debt-to-Equity Ratio: 2.65%
- Current Ratio: 3.11%
- Quick Ratio: 3.11%
Misc:- Average Volume: 118,698 shs.
- Beta: 1.11
- Short Ratio: 1.07
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, July 5th. Investors of record on Tuesday, July 11th will be paid a dividend of $0.4225 per share on Tuesday, July 18th. This represents a $1.69 annualized dividend and a yield of 12.34%. The ex-dividend date is Friday, July 7th. 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 Tuesday, September, 5th. The company reported $0.07 EPS for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.10. The business had revenue of $31.98 million for the quarter, compared to analysts' expectations of $33.70 million. Dynagas LNG Partners LP had a net margin of 26.03% and a return on equity of 19.22%. View Dynagas LNG Partners LP's Earnings History.
When will Dynagas LNG Partners LP make its next earnings announcement?
Where is Dynagas LNG Partners LP's stock going? Where will Dynagas LNG Partners LP's stock price be in 2017?
5 analysts have issued 12-month price targets for Dynagas LNG Partners LP's stock. Their predictions range from $13.00 to $19.00. On average, they expect Dynagas LNG Partners LP's stock price to reach $17.20 in the next year. View Analyst Ratings for Dynagas LNG Partners LP.
What are analysts saying about Dynagas LNG Partners LP stock?
Here are some recent quotes from research analysts about Dynagas LNG Partners LP stock:
- 1. Maxim Group analysts commented, "Dynagas reported 2Q17 results this morning, with adjusted earnings per unit of $0.07, lower than our estimate of $0.23, and consensus estimates of $0.18. The company reported top-line revenues of $32 million, lower than our expectations of $35 million, and consensus estimates of $34.7 million." (9/5/2017)
- 2. According to Zacks Investment Research, "Dynagas LNG Partners LP is focused on owning and operating LNG carriers that are employed on multi-year contracts with international energy companies. Dynagas LNG Partners LP is based in Glyfada, Greece. " (8/8/2017)
Who are some of Dynagas LNG Partners LP's key competitors?
Some companies that are related to Dynagas LNG Partners LP include GasLog Partners LP (GLOP), Seaspan Corporation (SSW), Teekay Corporation (TK), ArcBest Corporation (ARCB), KNOT Offshore Partners LP (KNOP), American Railcar Industries (ARII), Star Bulk Carriers Corp. (SBLK), Costamare (CMRE), Navigator Holdings (NVGS), DHT Holdings (DHT), Scorpio Bulkers (SALT), Student Transportation (STB), CAI International (CAI), International Seaways (INSW), Nordic American Tankers Limited (NAT), Echo Global Logistics (ECHO), Hennessy Capital Acquisition Corp. II (DSKE) and Covenant Transportation Group (CVTI).
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 retail and institutional investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (4.91%), CI Global Investments Inc. (1.29%), California Public Employees Retirement System (0.72%), Van ECK Associates Corp (0.66%), Muhlenkamp & Co. Inc. (0.58%) and Proficio Capital Partners LLC (0.21%). View Institutional Ownership Trends for Dynagas LNG Partners LP.
Who sold Dynagas LNG Partners LP stock? Who is selling Dynagas LNG Partners LP stock?
Who bought Dynagas LNG Partners LP stock? Who is buying Dynagas LNG Partners LP stock?
Dynagas LNG Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including Arrow Investment Advisors LLC, Cambridge Investment Research Advisors Inc., Proficio Capital Partners LLC, Marshall Wace North America L.P., Ameriprise Financial Inc., California Public Employees Retirement System and Royal Bank of Canada. 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?
One share of Dynagas LNG Partners LP stock can currently be purchased for approximately $13.70.
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.
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: | 2 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.60) |
| Consensus Price Target: | $17.20 (25.55% upside) |
Analysts' Ratings History for Dynagas LNG Partners LP (NYSE:DLNG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/5/2017 | Maxim Group | Reiterated Rating | Buy | $18.00 | Medium |  |
| 8/25/2017 | Stifel Nicolaus | Set Price Target | Buy | $19.00 | Low | |
| 8/22/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $19.00 | Medium | |
| 6/13/2017 | Morgan Stanley | Lower Price Target | Equal Weight | $13.00 | 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 | |
(Data available from 9/21/2015 forward)
Earnings History for Dynagas LNG Partners LP (NYSE:DLNG)Earnings History by Quarter for Dynagas LNG Partners LP (NYSE DLNG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/13/2017 | | $0.20 | | | | | N/A | |
| 9/5/2017 | 6/30/2017 | $0.17 | $0.07 | $33.70 million | $31.98 million | View | Listen | |
| 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 | |
| 2/20/2014 | | $0.35 | $0.37 | | | View | N/A | |
| 12/12/2013 | Q313 | $0.38 | $0.40 | $21.44 million | $21.56 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Dynagas LNG Partners LP (NYSE:DLNG)Current Year EPS Consensus Estimate: $0.78 EPS
Next Year EPS Consensus Estimate: $0.73 EPS
Current Dividend Information for Dynagas LNG Partners LP (NYSE:DLNG)| Most Recent Dividend: | 7/18/2017 |
| Annual Dividend: | $1.69 |
| Dividend Yield: | 12.34% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 176.04% (Trailing 12 Months of Earnings)
216.67% (Based on This Year's Estimates)
231.51% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Dynagas LNG Partners LP (NYSE DLNG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/5/2017 | quarterly | $0.42 | 10.95% | 7/7/2017 | 7/11/2017 | 7/18/2017 |
| 4/12/2017 | quarterly | $0.42 | 9.62% | 4/19/2017 | 4/21/2017 | 4/28/2017 |
| 1/4/2017 | quarterly | $0.42 | 9.94% | 1/9/2017 | 1/11/2017 | 1/19/2017 |
| 10/4/2016 | quarterly | $0.42 | 10.56% | 10/6/2016 | 10/11/2016 | 10/18/2016 |
| 7/6/2016 | quarterly | $0.42 | 11.83% | 7/8/2016 | 7/12/2016 | 7/19/2016 |
| 4/22/2016 | quarterly | $0.42 | 10.97% | 5/3/2016 | 5/5/2016 | 5/12/2016 |
| 1/22/2016 | quarterly | $0.42 | 18.67% | 2/3/2016 | 2/5/2016 | 2/12/2016 |
| 10/27/2015 | quarterly | $0.42 | 12.03% | 11/3/2015 | 11/5/2015 | 11/12/2015 |
| 7/28/2015 | quarterly | $0.42 | 11.35% | 8/4/2015 | 8/6/2015 | 8/13/2015 |
| 4/21/2015 | | $0.42 | | 5/1/2015 | 5/5/2015 | 5/12/2015 |
| 1/15/2015 | | $0.42 | | 2/3/2015 | 2/5/2015 | 2/12/2015 |
| 10/22/2014 | quarterly | $0.39 | 7.18% | 11/3/2014 | 11/5/2014 | 11/12/2014 |
| 7/22/2014 | quarterly | $0.37 | 5.93% | 8/1/2014 | 8/5/2014 | 8/12/2014 |
| 4/28/2014 | quarterly | $0.37 | 6.66% | 5/1/2014 | 5/5/2014 | 5/12/2014 |
| 1/31/2014 | quarterly | $0.17 | 3.3% | 2/6/2014 | 2/10/2014 | 2/14/2014 |
(Data available from 1/1/2013 forward)
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)
| Source: |
|
| Date | Headline |
|---|
 | Dynagas LNG Partners LP (DLNG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 17 at 4:46 PM |
| $35.98 Million in Sales Expected for Dynagas LNG Partners LP (DLNG) This Quarter
www.americanbankingnews.com - September 15 at 4:56 AM |
 | Earnings Review and Free Research Report: Navios Maritime Holdings' Port Terminals Segment's Revenue Increased 41%
finance.yahoo.com - September 12 at 6:40 PM |
| Cheniere Energy Partners LP Holdings (CQH) and Dynagas LNG Partners (DLNG) Critical Analysis
www.americanbankingnews.com - September 10 at 8:24 PM |
| Edited Transcript of DLNG earnings conference call or presentation 5-Sep-17 2:00pm GMT
finance.yahoo.com - September 6 at 12:34 AM |
 | Dynagas reports 2Q loss
www.cnbc.com - September 5 at 7:33 PM |
 | BRIEF-Dynagas LNG Partners LP Q2 loss per share $0.19
www.reuters.com - September 5 at 7:33 PM |
 | Shares of DLNG Now Oversold
www.thestreet.com - September 5 at 7:32 PM |
 | Dynagas LNG Partners LP 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - September 5 at 7:32 PM |
| Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2017
finance.yahoo.com - September 5 at 7:32 PM |
| Dynagas LNG Partners LP (DLNG) Earns "Buy" Rating from Maxim Group
www.americanbankingnews.com - September 5 at 4:10 PM |
| Dynagas LNG Partners LP (DLNG) Posts Quarterly Earnings Results, Misses Expectations By $0.10 EPS
www.americanbankingnews.com - September 5 at 10:30 AM |
| Dynagas LNG Partners LP (DLNG) Downgraded by BidaskClub
www.americanbankingnews.com - September 2 at 10:10 AM |
 | Canada Reports Jobs Numbers Next Week - Baystreet.ca
www.baystreet.ca - September 1 at 6:14 PM |
| Comparing Dynagas LNG Partners (DLNG) and Cheniere Energy (LNG)
www.americanbankingnews.com - September 1 at 10:35 AM |
| Analyzing Dynagas LNG Partners (DLNG) and Golar LNG Limited (GLNG)
www.americanbankingnews.com - September 1 at 2:44 AM |
| Dynagas LNG Partners LP (DLNG) Given a $18.00 Price Target at Maxim Group
www.americanbankingnews.com - August 30 at 11:20 AM |
| Dynagas LNG Partners (DLNG) and Golar LNG Limited (GLNG) Head-To-Head Comparison
www.americanbankingnews.com - August 29 at 2:10 PM |
| Dynagas LNG Partners LP (DLNG) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 29 at 2:20 AM |
| A Look at Hoegh LNG Partners’ Financial Health after 2Q17
finance.yahoo.com - August 28 at 5:45 PM |
| Dynagas LNG Partners' (DLNG) "Buy" Rating Reiterated at Stifel Nicolaus
www.americanbankingnews.com - August 26 at 6:22 AM |
| Critical Comparison: Dynagas LNG Partners (DLNG) versus GasLog LP. (GLOG)
www.americanbankingnews.com - August 25 at 10:06 PM |
| Highlights of Hoegh LNG Partners’ 2Q17 Results
finance.yahoo.com - August 25 at 7:29 PM |
| How Hoegh LNG Partners’ Dividends Rose over Time
finance.yahoo.com - August 25 at 7:29 PM |
 | Dynagas LNG Partners Announces Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast - Benzinga
www.benzinga.com - August 23 at 4:34 AM |
| Dynagas LNG Partners Announces Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - August 22 at 6:27 PM |
| Head-To-Head Survey: GasLog LP. (GLOG) vs. Dynagas LNG Partners (DLNG)
www.americanbankingnews.com - August 18 at 2:18 AM |
| Dynagas LNG Partners LP (DLNG) Expected to Post Quarterly Sales of $33.70 Million
www.americanbankingnews.com - August 9 at 7:20 AM |
| Zacks Investment Research Upgrades Dynagas LNG Partners LP (DLNG) to "Hold"
www.americanbankingnews.com - August 8 at 9:32 PM |
| Brokerages Anticipate Dynagas LNG Partners LP (NYSE:DLNG) Will Post Earnings of $0.17 Per Share
www.americanbankingnews.com - August 7 at 6:28 PM |
| Dynagas LNG Partners LP – Value Analysis (NYSE:DLNG) : August 7, 2017
finance.yahoo.com - August 7 at 6:16 PM |
| Critical Contrast: Dynagas LNG Partners (NYSE:DLNG) & Dominion Midstream Partners, (DM)
www.americanbankingnews.com - August 1 at 9:14 AM |
 | Dynagas LNG Partners Series A Cumulative Redeemable Preferred Units About To Put More Money In Your Pocket
www.nasdaq.com - July 31 at 5:44 PM |
| Dynagas LNG Partners LP (NYSE:DLNG) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - July 29 at 6:38 PM |
| Dynagas LNG Partners LP (DLNG) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 29 at 4:43 PM |
| Dynagas LNG Partners (DLNG) and Hess Midstream Partners (HESM) Head-To-Head Review
www.americanbankingnews.com - July 27 at 12:31 AM |
| Dynagas LNG Partners LP breached its 50 day moving average in a Bearish Manner : DLNG-US : July 25, 2017
finance.yahoo.com - July 25 at 6:10 PM |
| Dynagas LNG Partners LP (NYSE:DLNG) Given Buy Rating at Stifel Nicolaus
www.americanbankingnews.com - July 21 at 5:28 PM |
| Dynagas LNG Partners LP (NYSE:DLNG) Expected to Announce Quarterly Sales of $33.70 Million
www.americanbankingnews.com - July 20 at 12:40 PM |
| $0.17 EPS Expected for Dynagas LNG Partners LP (NYSE:DLNG) This Quarter
www.americanbankingnews.com - July 18 at 1:19 PM |
| Contrasting Navigator Holdings (NVGS) and Dynagas LNG Partners (NYSE:DLNG)
www.americanbankingnews.com - July 14 at 4:10 PM |
| Will GasLog Partners’ 2017 EBITDA Rise?
finance.yahoo.com - July 14 at 3:53 PM |
| Dynagas LNG Partners LP breached its 50 day moving average in a Bearish Manner : DLNG-US : July 10, 2017
finance.yahoo.com - July 10 at 5:50 PM |
| Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended June 30, 2017 of $0.4225 per Common Unit
finance.yahoo.com - July 5 at 6:36 PM |
| Dynagas LNG Partners LP (NYSE:DLNG) Announces Dividend of $0.42
www.americanbankingnews.com - July 5 at 10:22 AM |
| Dynagas LNG Partners LP (DLNG) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 4 at 5:18 PM |
| 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 |
Dynagas LNG Partners LP (DLNG) Chart for Thursday, September, 21, 2017
