About Dynagas LNG Partners LP (NYSE:DLNG)
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:
- Industry: LNG Transportation & Storage
- Sub-Industry: N/A
- Sector: Transportation
- Symbol: NYSE:DLNG
- CUSIP: N/A
- Web: www.dynagaspartners.com
- Debt-to-Equity Ratio: 2.65%
- Current Ratio: 3.11%
- Quick Ratio: 3.11%
Sales & Book Value:
- Trailing P/E Ratio: 9.15
- Forward P/E Ratio: 16.08
- Annual Sales: $169.85 million
- Price / Sales: 2.62
- Cash Flow: $5.04 per share
- Price / Cash: 2.49
- Book Value: $14.37 per share
- Price / Book: 0.87
- Annual Dividend: $1.69
- Dividend Yield: 13.5%
- Trailing EPS: $0.96
- Net Income: $41.4 million
- Net Margins: 26.03%
- Return on Equity: 19.22%
- Return on Assets: 5.02%
- Outstanding Shares: 35,530,000
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 declared a quarterly dividend on Thursday, October 5th. Shareholders of record on Thursday, October 12th will be paid a dividend of $0.4225 per share on Thursday, October 19th. This represents a $1.69 dividend on an annualized basis and a yield of 13.48%. The ex-dividend date of this dividend is Wednesday, October 11th. 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 results on Tuesday, September, 5th. The shipping company reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.10. The shipping company had revenue of $31.98 million for the quarter, compared to the consensus estimate 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 Wall Street analysts have issued twelve-month target prices for Dynagas LNG Partners LP's shares. Their predictions range from $13.00 to $19.00. On average, they expect Dynagas LNG Partners LP's share price to reach $17.20 in the next twelve months. View Analyst Ratings for Dynagas LNG Partners LP.
What are Wall Street analysts saying about Dynagas LNG Partners LP stock?
Here are some recent quotes from research analysts about Dynagas LNG Partners LP stock:
- 1. 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. " (11/13/2017)
- 2. 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)
Who are some of Dynagas LNG Partners LP's key competitors?
Some companies that are related to Dynagas LNG Partners LP include Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS), ArcBest Corporation (ARCB), Teekay Corporation (TK), Seaspan Corporation (SSW), American Railcar Industries (ARII), CAI International (CAI), Echo Global Logistics (ECHO), KNOT Offshore Partners LP (KNOP), Avianca Holdings S.A. (AVH), Universal Logistics Holdings (ULH), Star Bulk Carriers Corp. (SBLK), Costamare (CMRE), Scorpio Bulkers (SALT), DHT Holdings (DHT), Navigator Holdings (NVGS), Student Transportation (STB), Covenant Transportation Group (CVTI) and Martin Midstream Partners L.P. (MMLP).
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 (Age 67)
- Tony Lauritzen, Chief Executive Officer, Director (Age 36)
- Michael Gregos, Chief Financial Officer (Age 38)
- Levon Dedegian, Director (Age 62)
- Alexios Rodopoulos, Director (Age 65)
- Evangelos Vlahoulis, Director (Age 68)
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 (3.50%), Van ECK Associates Corp (0.61%), Muhlenkamp & Co. Inc. (0.56%), Arrow Investment Advisors LLC (0.14%), Beck Capital Management LLC (0.13%) and Cambridge Investment Research Advisors Inc. (0.05%). 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, Beck Capital Management LLC, Van ECK Associates Corp, Cambridge Investment Research Advisors Inc. and Muhlenkamp & Co. Inc.. 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?
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 with access to the U.S. stock market 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 $12.54.
How big of a company is Dynagas LNG Partners LP?
Dynagas LNG Partners LP has a market capitalization of $445.48 million and generates $169.85 million in revenue each year. The shipping company earns $41.4 million in net income (profit) each year or $0.96 on an earnings per share basis.
How can I contact Dynagas LNG Partners LP?
Dynagas LNG Partners LP's mailing address is 23 RUE BASSE, MONACO O9, 98000. The shipping company can be reached via phone at 377-9999-6445.
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.
Analysts' Consensus Rating for Dynagas LNG Partners LP (NYSE:DLNG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 2 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$17.20 (37.16% upside)|
Consensus Price Target History for Dynagas LNG Partners LP (NYSE:DLNG)
Analysts' Ratings History for Dynagas LNG Partners LP (NYSE:DLNG)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/31/2017||Jefferies Group LLC||Reiterated Rating||Buy||N/A|
|10/1/2017||Stifel Nicolaus||Reiterated Rating||Buy||$19.00||Low|
|9/5/2017||Maxim Group||Reiterated Rating||Buy||$18.00||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|
Earnings History and Estimates Chart 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|
|11/20/2017|| || || || || || || || |
|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|
|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: $0.78 EPS
Next Year EPS Consensus Estimate: $0.73 EPS
Current Dividend Information for Dynagas LNG Partners LP (NYSE:DLNG)
|Most Recent Dividend:||10/19/2017|
|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)
(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
Latest Headlines for Dynagas LNG Partners LP (NYSE DLNG)
|Dynagas LNG Partners LP (DLNG) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - November 13 at 10:28 PM
|What Do Analysts Think About Dynagas LNG Partners LP’s (DLNG) Future?|
finance.yahoo.com - November 13 at 12:08 PM
|Dynagas LNG Partners LP (DLNG) Expected to Announce Quarterly Sales of $35.29 Million|
www.americanbankingnews.com - November 11 at 2:54 AM
|Zacks: Analysts Anticipate Dynagas LNG Partners LP (DLNG) to Announce $0.17 Earnings Per Share|
www.americanbankingnews.com - November 9 at 7:49 PM
|Dynagas LNG Partners LP (DLNG) Rating Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - November 7 at 11:50 PM
|Dynagas LNG Partners LP (DLNG) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - November 6 at 5:48 PM
|Dynagas LNG Partners LP (DLNG) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - November 6 at 6:54 AM
|Dynagas LNG Partners' Series A Preferred Units Shares Cross 8.5% Yield Mark|
www.thestreet.com - November 2 at 7:00 PM
|Dynagas LNG Partners Series A Cumulative Redeemable Preferred ... - Nasdaq|
www.nasdaq.com - November 1 at 6:53 PM
|Dynagas LNG Partners LP (DLNG) Rating Reiterated by Jefferies Group LLC|
www.americanbankingnews.com - October 31 at 6:38 PM
|Dynagas LNG Partners LP (DLNG) Expected to Post Earnings of $0.17 Per Share|
www.americanbankingnews.com - October 21 at 2:22 AM
|Dynagas LNG Partners LP (DLNG) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - October 12 at 6:56 PM
|Dynagas LNG Partners LP : DLNG-US: Dividend Analysis : October 12th, 2017 (record date) : By the numbers : October 12, 2017|
finance.yahoo.com - October 12 at 6:42 PM
|Dynagas LNG Partners LP :DLNG-US: Earnings Analysis: Q2, 2017 By the Numbers : October 11, 2017|
finance.yahoo.com - October 11 at 7:26 PM
|Cash Dividend On The Way From Dynagas LNG Partners (DLNG)|
www.thestreet.com - October 9 at 6:17 PM
|Dynagas LNG Partners LP – Value Analysis (NYSE:DLNG) : October 9, 2017|
finance.yahoo.com - October 9 at 6:17 PM
|Should You Buy Dynagas LNG Partners LP (DLNG) At $13.96?|
finance.yahoo.com - October 7 at 8:36 PM
|Dynagas LNG Partners LP breached its 50 day moving average in a Bullish Manner : DLNG-US : October 6, 2017|
finance.yahoo.com - October 6 at 6:17 PM
|Dynagas LNG Partners LP Announces Quarterly Dividend of $0.42 (DLNG)|
www.americanbankingnews.com - October 5 at 5:48 PM
|$35.29 Million in Sales Expected for Dynagas LNG Partners LP (DLNG) This Quarter|
www.americanbankingnews.com - October 4 at 2:00 PM
|Dynagas LNG Partners LP Announces Cash Distribution for the Quarter Ended September 30, 2017 of $0.4225 per Common Unit|
finance.yahoo.com - October 4 at 11:05 AM
|Financial Survey: Dynagas LNG Partners (DLNG) vs. Rice Midstream Partners (RMP)|
www.americanbankingnews.com - October 3 at 8:26 AM
|$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
|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
| 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
Dynagas LNG Partners LP (NYSE DLNG) Chart for Sunday, November, 19, 2017