undefined Introduction As Dynagas LNG Partners (NYSE:DLNG) hasn’t paid a dividend on its common shares since 2019, I have been focusing on the preferred shares. One of the two series of preferred shares recently moved from a fixed rate to a floating rate preferred dividend. As the preferred dividends remain very well-covered and as the partnership hasn’t skipped a single preferred dividend (despite having suspended the payments on its common shares), I feel like both series of preferred shares remain re ...

Dynagas LNG (DLNG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The po ...

Dynagas LNG Partners LP (NYSE:DLNG) Q4 2023 Earnings Call Transcript March 28, 2024 10:00 AM ET Company Participants Tony Lauritzen - CEO Michael Gregos - CFO Conference Call Participants Ben Nolan - Stifel Operator Thank you for standing by ladies and gentlemen, and welcome to Dynagas LNG Partners Conference Call on the Fourth Quarter 2023 Financial Results. We have with us Mr. Tony Lauritzen, Chief Executive Officer; and Mr. Michael Gregos, Chief Financial Officer of the company. At this time, all partici ...

ATHENS, Greece, March 21, 2024 (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 ended December 31, 2023, before market opens in New York on Thursday, March 28, 2024. The same day, Thursday, March 28, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results. Confer ...

ATHENS, Greece, March 21, 2024 (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 ended December 31, 2023, before market opens in New York on Thursday, March 28, 2024. The same day, Thursday, March 28, 2024, at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results. Confer ...

sefa ozelIntroduction Dynagas LNG (NYSE:DLNG) is an LNG carrier owner. It has a fleet of six vessels with an average age of 13.3 years. Three have 150,000 cbm capacity and are equipped with steam turbines, and the other three have 155,000 cbm capacity and are fitted with TFDE (triple fuel diesel-electric) propulsion. The company is highly undervalued compared to its NAV and its backlog. DLNG trades at 25% PNAV. It seems a severe drawback that DLNG does not distribute dividends on its common shares and h ...

ATHENS, Greece, Feb. 01, 2024 (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 $0.71764025 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the "Series B Preferred Units") (NYSE:DLNG) for the period from and including November 22, 2023 to and including February 21, 2024 (the "Distribution Period ...

Penny stocks are generally defined as stocks that trade for less than $5 per share. Low-priced stocks appeal to investors who can wait for these stock prices to appreciate. I say patience because that growth could take years. And many penny stocks are low-priced for a reason. That is, they generally aren’t profitable. Many may even be in the pre-revenue stage. That’s why it’s significant to identify strong buy stocks under $5.For large-cap blue chip stocks, one Strong Buy rating won’t move the stock a lot. ...

Financial Data and Key Metrics Changes - Net income for Q3 2023 decreased by $6 million or 81% to $1.4 million compared to $7.4 million in Q3 2022, primarily due to a decrease in unrealized gains on interest rate swaps and an increase in loan interest [2] - Adjusted net income for Q3 2023 was $3.1 million, down from $4.5 million in the same period last year, mainly due to increased interest and finance costs [19] - Adjusted EBITDA for Q3 2023 reached $20.4 million, indicating stability compared to previous quarters [28] - Operating cash flow generated in the quarter was $21 million [12] Business Line Data and Key Metrics Changes - Voyage revenues increased by 23.7% from $29.9 million to $37 million, attributed to deferred revenue amortization from a new time charter agreement with Equinor [11] - Operating expenses (OpEx) increased by $3.6 million, with $3 million of this increase related to two LNG carriers contracted on an OpEx pass-through basis [11] Market Data and Key Metrics Changes - The fleet consists of six LNG carriers with an average age of approximately 13.3 years, all under long-term charters with international gas companies [6][17] - The fleet's contracted backlog amounts to approximately $1.16 billion, equating to an average backlog of about $193 million per vessel [30] Company Strategy and Development Direction - The company focuses on securing long-term charters with gas companies, with no contractual vessel availability until 2028 [21] - The current liquefaction capacity is approximately 473 million tonnes per annum, with an additional 205 million tonnes per annum under construction, representing a total increase of about 40% [21] - The company has demonstrated a commitment to debt reduction, successfully repaying $242 million in debt since December 2019, lowering net leverage from 6.6 times to 4.1 times [31] Management Comments on Operating Environment and Future Outlook - Management maintains a positive outlook on the long-term prospects of LNG shipping, emphasizing its role in reducing emissions and the demand for cleaner energy sources [14] - The company is in discussions for refinancing its current credit facility, expected to conclude in Q1 2024 [29] Other Important Information - The average remaining charter period for the fleet is approximately 7.2 years, positioning the partnership for stable income [30] - The company completed scheduled dry docks for three vessels, resulting in increased costs, but with a significant portion reimbursed under time charter contracts [18] Q&A Session Summary Question: What is the status of the debt refinancing? - Management indicated that there is demand for financing vessels and that they are working towards an optimal conclusion for refinancing [32][33] Question: Is the Yamal project a factor in the refinancing delay? - Management clarified that the Yamal project is not a problem and that they are focused on finding suitable financing options [34][38]

Q3 2023 Financial Results Presentation 8 December, 2023 This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable federal securities laws. All statements included in this presentation which are not historical or current facts (including our financial forecast and any other statements concerning plans and objectives of management for future operations, cash flows, financial position and economic performance, or assumptions related the ...