Core Viewpoint - Dynagas LNG Partners LP (DLNG) has reported strong earnings for Q4 2025, surpassing estimates and demonstrating robust financial performance for the full year ending December 31, 2025 [3][7]. Financial Performance - DLNG reported an adjusted EPS of $0.34 for Q4 2025, exceeding the estimated $0.26 [3][7]. - The company achieved a net income of $61.6 million for the full year, translating to earnings of $1.38 per common unit [3][7]. - Q4 revenue was approximately $40 million, while full-year revenue reached around $156.6 million [4]. - The adjusted net income for Q4 was $14.1 million, with adjusted earnings per common unit at $0.34 [5]. - The adjusted EBITDA for the full year was $109.2 million, and for Q4 it was $26.9 million [4][5]. Fleet Utilization - DLNG's fleet utilization rate was an impressive 99.3% for the full year, indicating efficient use of its LNG carriers [4]. - The fleet utilization rate for Q4 was 98.8% [5]. Valuation Metrics - The trailing P/E ratio is approximately 3.2, suggesting an attractive valuation relative to earnings [6][7]. - The price-to-sales ratio is about 0.95, and the enterprise value to sales ratio is around 2.5 [6]. - The earnings yield is about 30–31%, indicating a potentially attractive return on investment [6][7]. - The debt-to-equity ratio is approximately 0.62, reflecting moderate debt levels [6].

Q4 2025 Financial Results Presentation 13 March 2026 0 Disclaimer and Forward Looking Statements Disclaimer The financial information and data contained in this presentation is unaudited. This presentation includes certain numerical measures that are not derived in accordance with generally accepted accounting principles in the U.S. ("GAAP"), and which may be deemed to be non-GAAP financial measures within the meaning of Regulation G promulgated by the U.S. Securities and Exchange Commission (the "SEC"). Dy ...

Financial Performance - For the twelve months ended December 31, 2025, the company reported a net income of $61.6 million, an increase from $51.6 million in 2024, representing a growth of 19.5% [6][15] - Adjusted net income for the same period was $57.1 million, compared to $54.2 million in 2024, reflecting a 5.3% increase [6][15] - The company achieved adjusted EBITDA of $109.2 million for the twelve months, down from $115.0 million in 2024, a decrease of 5.6% [6][15] Quarterly Highlights - In the fourth quarter of 2025, net income was $15.7 million, up from $14.1 million in Q4 2024, marking an increase of 11.3% [17] - Adjusted net income for Q4 2025 was $14.1 million, down from $15.0 million in Q4 2024, a decrease of 6.0% [18] - Voyage revenues for Q4 2025 were $40.0 million, a decrease of 4.1% from $41.7 million in Q4 2024 [19] Fleet Utilization and Revenue Backlog - The company reported a fleet utilization rate of 99.3% for the twelve months ended December 31, 2025, compared to 100% in 2024 [20][30] - As of December 31, 2025, the estimated contracted revenue backlog was $0.84 billion, with an average remaining contract term of 5.1 years [12][30] Cash Distributions and Repurchase Program - The company declared a quarterly cash distribution of $0.050 per common unit for the quarter ended December 31, 2025, paid on February 27, 2026 [9][7] - A new common unit repurchase program was authorized on November 24, 2025, allowing for the repurchase of up to $10.0 million of common units [9][6] Market Conditions and Geopolitical Factors - Recent geopolitical tensions in the Middle East have increased volatility in global LNG markets, leading to higher LNG prices and shipping rates [10] - The company's fleet is fully contracted under long-term charters, insulating it from short-term market fluctuations [10] Operational Costs - Vessel operating expenses for Q4 2025 were $8.8 million, with a daily rate per vessel of $15,862, compared to $8.1 million and $14,732 in Q4 2024 [21] - Net interest and finance costs decreased to $4.7 million in Q4 2025 from $5.5 million in Q4 2024, a reduction of 14.5% [23]

ATHENS, Greece, March 09, 2026 (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 and year ended December 31, 2025, before market opens in New York on Friday, March 13, 2026. An accompanying slide presentation of the fourth quarter and year end 2025 financial results will be available on the Dynagas LNG Partners website under the Presenta ...

Core Viewpoint - Dynagas LNG Partners LP has declared a quarterly cash distribution of $0.050 per common unit for the quarter ended December 31, 2025, payable on February 27, 2026, to common unit holders of record as of February 23, 2026 [1] Company Overview - Dynagas LNG Partners LP is a master limited partnership that owns and operates LNG carriers under multi-year charters [2] - The current fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters [2]

Company Overview - Dynagas LNG Partners operates a fleet of six LNG carriers, all currently employed with a weighted average charter duration [1] Investment Focus - The Investment Doctor emphasizes a portfolio consisting of a mixture of dividend and growth stocks, focusing on high-quality ideas in the small-cap space [1] - The investment group European Small Cap Ideas provides exclusive access to actionable research on appealing Europe-focused investment opportunities [1] Portfolio Features - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1]

Core Viewpoint - Dynagas LNG Partners LP has authorized a new repurchase program for up to $10 million of its outstanding common units, replacing the previous program that expired on November 21, 2025 [1] Group 1: Repurchase Program Details - The new repurchase program will be effective until November 24, 2026 [1] - Repurchases may occur through various means, including privately negotiated transactions and open market transactions, in accordance with U.S. Securities Exchange Act rules [2] - The timing and amount of repurchases will be at the discretion of the management team, influenced by market conditions and other factors [2] Group 2: Company Overview - Dynagas LNG Partners LP is a master limited partnership that owns liquefied natural gas carriers under multi-year charters [3] - The current fleet consists of six LNG carriers with a total carrying capacity of approximately 914,000 cubic meters [3]

Core Points - Dynagas LNG Partners LP held its Annual Meeting of Limited Partners on November 26, 2025, in Athens, Greece [1] - The Partnership is a master limited partnership that owns liquefied natural gas carriers employed on multi-year charters [1] - The current fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters [1] Resolutions Approved - Alexios Rodopoulos was re-elected as a Class II Director for a three-year term until the 2028 Annual Meeting of Limited Partners [3] - The appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Partnership's independent auditors for the fiscal year ending December 31, 2025, was ratified [3]

Financial Performance - Net Income for the three months ended September 30, 2025, was $18.7 million, an increase of $3.6 million or 23.8% compared to $15.1 million in the same period of 2024[22] - Adjusted Net Income for the three months ended September 30, 2025, was $14.2 million, a decrease of $0.3 million or 2.1% compared to $14.5 million in the same period of 2024[23] - The Partnership's operating income for the nine months ended September 30, 2025, was $56.5 million, compared to $58.0 million for the same period in 2024[57] - Net income for Q3 2025 was $18,655,000, an increase of 24.5% compared to $15,054,000 in Q3 2024[61] - Adjusted Net Income for the nine months ended September 30, 2025, was $43,006,000, up from $39,216,000 in the same period of 2024, reflecting a 7.1% growth[73] - Common unitholders' interest in Adjusted Net Income for Q3 2025 was $13,050,000, compared to $11,206,000 in Q3 2024, indicating a 16.4% increase[73] - Adjusted Earnings per common unit for Q3 2025 was $0.36, up from $0.30 in Q3 2024, marking a 20% rise[73] Revenue and Earnings - Voyage revenues for the three months ended September 30, 2025, were $38.9 million, a decrease of $0.2 million or 0.5% compared to $39.1 million in the same period of 2024[24] - Adjusted EBITDA for the three months ended September 30, 2025, was $27.6 million, a decrease of $1.3 million or 4.5% compared to $28.9 million in the same period of 2024[27] - Time Charter Equivalent (TCE) rate for Q3 2025 was $67,094, a decrease from $69,261 in Q3 2024[63] - Average daily hire gross of commissions was approximately $69,960 per day per vessel for the three-month period ended September 30, 2025, compared to approximately $72,800 for the same period in 2024[25] Cash Flow and Distribution - The Partnership generated net cash from operating activities of $26.5 million for the three months ended September 30, 2025, an increase of $0.9 million or 3.5% compared to $25.6 million in the same period of 2024[32] - Cash distribution of $0.050 per common unit was declared for the quarter ended September 30, 2025, representing an annualized distribution yield of approximately 5.7%[17] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $68,869,000, up from $59,703,000 in the same period of 2024[61] - Cash and cash equivalents at the end of Q3 2025 were $34,728,000, down from $52,021,000 at the end of Q3 2024[62] Assets and Liabilities - As of September 30, 2025, the Partnership reported total cash of $34.7 million, a decrease from $68.2 million as of December 31, 2024[58] - Total financial liabilities under Sale and Leaseback agreements amounted to $289.7 million as of September 30, 2025[34] - The Partnership's total assets were reported at $785.7 million, down from $847.2 million as of December 31, 2024[58] - Total liabilities decreased from $362,352,000 as of December 31, 2024, to $324,137,000 as of September 30, 2025[59] - Total partners' equity decreased from $484,801,000 as of December 31, 2024, to $461,560,000 as of September 30, 2025[59] Fleet and Utilization - The fleet maintained a utilization rate of 99.1% for the quarter ended September 30, 2025[15] - Fleet utilization remained high at 99.1% in Q3 2025, compared to 100.0% in Q3 2024[63] - The number of vessels in the fleet remained stable at 6 vessels throughout the periods reported[63] - Time charter coverage for the Partnership's fleet is estimated at 100% for 2025, 2026, and 2027[36] Other Information - The Partnership closely monitors the impact of ongoing sanctions related to the Russian war with Ukraine, which currently do not materially affect its operations[43] - The Partnership redeemed all issued and outstanding Series B Preferred Units on July 25, 2025, at a redemption price of $25.00 per unit plus accumulated distributions[14] - The Partnership redeemed all 2,200,000 Series B Preferred Units for a total payment of $55.0 million, funded by internal cash reserves[35] - The estimated contracted revenue backlog was $0.88 billion, with an average remaining contract term of 5.4 years[36] - Other income for Q3 2025 was a loss of $5,190,000, compared to a loss of $1,602,000 in Q3 2024, indicating a significant decline[73] - The partnership's definitions of Adjusted Net Income and related metrics may differ from those of other companies in the industry, which could affect comparability[75] - The partnership believes that Adjusted Net Income is useful for evaluating operating performance compared to other companies in the industry[75] - Adjusted Net Income is not recognized under U.S. GAAP and should not be considered a substitute for net income[74]

Financial Performance - Voyage Revenues for Q3 2025 were $38891 thousand, slightly up from $38613 thousand in Q2 2025 but slightly down from $39069 thousand in Q3 2024[14] - Operating Income for Q3 2025 was $18784 thousand, down from $19176 thousand in Q2 2025 and $19836 thousand in Q3 2024[14] - Net Income for Q3 2025 was $18655 thousand, up from $13709 thousand in Q2 2025 and $15054 thousand in Q3 2024[14] - Adjusted EBITDA for Q3 2025 was $27600 thousand, slightly down from $27687 thousand in Q2 2025 and $28901 thousand in Q3 2024[14] - The TCE rate for Q3 2025 was $67094, down from $67883 in Q2 2025 and $69261 in Q3 2024[14] - Cash breakeven per vessel per day for Q3 2025 was $47460, up from $41150 in Q3 2024[15] Capital Allocation and Debt - Declared a distribution to common unitholders for the third quarter of $0050 per common unit[13] - Since inception of common unit buy-back program repurchased 420236 common units at an average price of $371 per common unit as of November 20 2025[13] - The Partnership redeemed all of the issued and outstanding Series B Preferred Units on July 25 2025[13] - Debt Outstanding is $2898 million on four LNG carriers, with two vessels debt-free[31] - Total estimated contract backlog is $085 billion[32]