crudeoil24
3 years ago
Monaco based > 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.
whytestocks
5 years ago
News: $DLNG Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2019
MONACO, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and...
Read the whole news DLNG - Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2019
whytestocks
6 years ago
News: $DLNG Dynagas LNG Partners Announces Date For the Release of First Quarter 2019 Results, Conference Call and Webcast
MONACO, June 03, 2019 (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 first quarter ended...
Got this from https://marketwirenews.com/news-releases/dynagas-lng-partners-announces-date-for-the-release-of-first-quarter-2019-results-conference-call-and-webcast-8293086.html
eFinanceMarkets
8 years ago
Dynagas LNG Partners maintained Buy, target raised to $19, at Stifel
Dynagas LNG Partners (DLNG +1.8%) is maintained with a Buy rating but bumped to a higher target price of $19, raised by $1, at Stifel, which says it came away from a number of recent investor meetings convinced that there is no threat to DLNG's distributions, which currently yield 10.1%.
Despite a somewhat tighter coverage ratio, Stifel expects DLNG to drop down an additional vessel in coming months, which should help bridge cash flows until the startup of contracts related to the Russian Yamal LNG project.
dude iligence
9 years ago
Dynagas LNG Enters New Long-Term Charters, Maintains Current Distribution (NYSE:DLNG)
MARCH 31, 2016 BY ROBIN REYES IN DIVIDEND NEWS, STOCK -- NEWS ·
Dynagas LNG (NYSE:DLNG) announced Thursday that it has extended its current charter with Gazprom Global for the liquefied natural gas (LNG) carrier Ob River on the same terms until May 1, 2018, and entered into a long-term charter agreement with Gazprom Marketing and Trading for the Ob River for 10 years. Additionally, Dynagas has entered into a new long-term charter agreement for its LNG carrier Lena River for the Yamal LNG project in the Yamal peninsula in northern Russia. The Lena River is currently on time charter to Gazprom through late 2018.
The vessel is expected to join the Yamal LNG project in 2019 and is contracted to be chartered for a minimum of 15 years. Following the new Lena River and Ob River time charters, Dynagasβ minimum contracted revenue backlog has increased to $1.2 billion from $586.2 million, and the average remaining minimum contract duration has increased from 3.7 to 7.9 years, generating aggregate annualized net cash from operations of approximately $34.0 million. Management has recommended, however, that the current cash distribution per common and subordinated units remain unchanged. Shares last traded more than 6% higher at $10.20 with a 52-week range of $6.70 to $20.83.
The stock is up 14.86% or $1.43 after the news, hitting $11.05 per share. About 546,591 shares traded hands or 296.67% up from the average. Dynagas LNG Partners LP (NYSE:DLNG) has declined 23.83% since August 24, 2015 and is downtrending. It has underperformed by 32.85% the S&P500.
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) vessels. As of January 21, 2016, its fleet consisted of six LNG carriers, with an aggregate carrying capacity of approximately 913,980 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was founded in 2013 and is based in Monaco.
Dynagas LNG Partners LP - Receive
dude iligence
9 years ago
DLNG 15mil float So with NG having hit 1998 low prices below $1.6 last month you need to ask what companies are going to do well when NG rebounds. Which companies are going to do well with LNG exports? Which companies are paying the best dividend? Which companies are profitable? Which companies have the best share structure for upside,specifically low OS and low float? Which company(s) has the best technicals in the chart.
DLNG Dynagas LNG Partners LP
price pulled back touched 50ma yesterday and moved up today.
Forward Annual Dividend Yield4: 18.55%
Forward Annual Dividend Rate4: 1.69
Trailing P/E (ttm, intraday): 5.47
Forward P/E (fye Dec 31, 2017)1: 5.76
Profit Margin (ttm): 41.36%
Shares Outstanding5: 20.50M
Float: 15.97M
http://finance.yahoo.com/q/ks?s=DLNG
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) vessels. As of January 21, 2016, its fleet consisted of six LNG carriers, with an aggregate carrying capacity of approximately 913,980 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was founded in 2013 and is based in Monaco.
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In summary DLNG pays a whopping $18.5% dividend at today's price of $9.2s
The tiny tiny 15mil float is so tight, NO BLEED NO DILUTION. Suck up the float, push the volume into it and the price will skyrocket for multibag gains. Then sit back and collect your 18% dividend thats aprox $1700 for every 1000 shares you own. Not on any radars YET.