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Dynagas LNG Partners LPNYSE:DLNG Rapporto sulle azioni

Cap. di mercato US$140.2m
Prezzo delle azioni
US$3.77
US$5
24.6% sottovalutato sconto intrinseco
1Y2.4%
7D-2.1%
1D
Valore del portafoglio
​
Vista

Dynagas LNG Partners LP

Report azionario NYSE:DLNG

Capitalizzazione di mercato: US$140.2m

Dynagas LNG Partners (DLNG) Panoramica del titolo

Dynagas LNG Partners LP, attraverso le sue controllate, opera nel settore del trasporto marittimo in Grecia e a livello internazionale. Maggiori dettagli

DLNG analisi fondamentale
Punteggio fiocco di neve
Valutazione4/6
Crescita futura0/6
Prestazioni passate5/6
Salute finanziaria3/6
Dividendi4/6

Premi

Negoziato a 85.9% al di sotto della nostra stima del suo valore equo

Gli utili sono cresciuti del 30.7% nell'ultimo anno

Analisi del rischio

Andamento instabile dei dividendi

Ha un alto livello di debito


DLNG Community Fair Values

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Concorrenti di Dynagas LNG Partners LP

Storia dei prezzi e prestazioni

Riepilogo dei massimi, dei minimi e delle variazioni dei prezzi delle azioni per Dynagas LNG Partners
Prezzi storici delle azioni
Prezzo attuale dell'azioneUS$3.77
Massimo di 52 settimaneUS$4.45
Minimo di 52 settimaneUS$3.40
Beta0.55
Variazione di 1 mese-2.33%
Variazione a 3 mesi-3.33%
Variazione di 1 anno2.45%
Variazione a 3 anni49.01%
Variazione a 5 anni37.09%
Variazione dall'IPO-79.06%

Notizie e aggiornamenti recenti

Seeking Alpha • Apr 29

Dynagas LNG: The Quiet Re-Rate Has Room To Develop

Summary Dynagas LNG Partners remains an attractive, niche LNG shipping play with robust contracted cash flows and a disciplined deleveraging strategy. Recent Q4 results confirm ongoing debt reduction, falling interest costs, and high fleet utilization, supporting predictable cash generation and capital returns. DLNG trades at a record low forward EV/EBITDA of 4.8 and a deep discount to book value, offering strong upside potential as deleveraging accelerates. The current 5.1% dividend yield and growing book value per share provide tangible returns while investors await a potential re-rating. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Apr 29

Dynagas LNG: The Quiet Re-Rate Has Room To Develop

Summary Dynagas LNG Partners remains an attractive, niche LNG shipping play with robust contracted cash flows and a disciplined deleveraging strategy. Recent Q4 results confirm ongoing debt reduction, falling interest costs, and high fleet utilization, supporting predictable cash generation and capital returns. DLNG trades at a record low forward EV/EBITDA of 4.8 and a deep discount to book value, offering strong upside potential as deleveraging accelerates. The current 5.1% dividend yield and growing book value per share provide tangible returns while investors await a potential re-rating. Read the full article on Seeking Alpha
Seeking Alpha • Feb 11

Dynagas: Large Backlog, Unit Repurchases, And Net Income Growth Explosion

Summary Dynagas' contracted revenue backlog of nearly $1 billion and significant net income growth signal strong future business potential and undervaluation. DLNG has reduced interest-bearing debt, which should lower future interest expenses and boost net income and free cash flow. The Company's recent unit repurchase program and current stock price suggest the stock is undervalued, presenting a favorable investment opportunity. Risks include reliance on a limited number of clients and potential debt challenges, but overall, DLNG appears to be a buy. Read the full article on Seeking Alpha
Seeking Alpha • Jan 18

Dynagas LNG: An 8.8% Preferred Dividend Yield From LNG Vessels

Summary Dynagas LNG Partners reinstated dividends after refinancing debt, removing constraints on capital allocation, and maintaining strong cash flows. Q3 2024 results show $19.8M operating income and $15.1M net profit, with a net debt reduction to $280M. Preferred shares offer attractive dividends. Series A has a fixed 9% yield, while Series B offers a floating rate tied to 3M SOFR. Despite no current position, I may consider buying preferred shares close to $25, mindful of call risk. Read the full article on Seeking Alpha
Seeking Alpha • Jun 30

Dynagas LNG Partners Thesis Revisited After Nearly 2 Years

Summary Dynagas LNG Partners' positive aspects include long-term charters and strong financial position with backlog of $1.07 billion. Concerns arise from oversupply of vessels in the LNG carrier market and uncertainty regarding reinstatement of dividends to common unit shareholders. Ethical considerations regarding supporting Russian companies amid conflict with Ukraine contribute to decision to maintain Sell stance on DLNG. Read the full article on Seeking Alpha
Seeking Alpha • Apr 14

Dynagas LNG Partners: The Floating Rate Preferred Shares Currently Yield About 11%

Summary Dynagas LNG Partners has not paid a dividend on its common shares since 2019, making the preferred shares more attractive. The company's financial results show robust cash flow, which is good news for preferred shareholders. Dynagas is working on refinancing its debt, which could pave the way for the restart of distributions on common shares. Read the full article on Seeking Alpha
Seeking Alpha • Dec 11

Dynagas LNG Partners: Parking Cash In The 9.4% Preferred Shares

Summary Dynagas LNG Partners has frustrated common unitholders by not paying dividends on its common units. The partnership's operating and financial performance remains strong, but all incoming cash is used to reduce debt, leaving common unitholders frustrated. The preferred shares of Dynagas offer a fixed 9% preferred dividend and currently yield 9.4% making them increasingly attractive to income investors. Read the full article on Seeking Alpha
Seeking Alpha • Jul 21

Will Dynagas's Common Unitholders Ever Get Paid?

Summary Distributions for the Dynagas common units have been suspended since 2019 due to covenants with the partnership's lenders. The partnership has diligently worked to secure long-term contacts and to pay down the $675 million credit facility that restricts distributions to common unitholders. I will evaluate the ability to reinstate the distribution to the common unitholders. This will be weighed against the opportunity to purchase new vessels and grow the partnership. Read the full article on Seeking Alpha
Seeking Alpha • Dec 09

Dynagas LNG Partners LP Q3 2022 Earnings Preview

Dynagas LNG Partners LP (NYSE:DLNG) is scheduled to announce Q3 earnings results on Monday, December 12th, before market open. The consensus EPS Estimate is $0.08 (-66.7% Y/Y) and the consensus Revenue Estimate is $30.49M (-12.1% Y/Y). Over the last 2 years, DLNG has beaten EPS estimates 88% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Revenue estimates have seen 0 upward revisions and 1 downward.
Seeking Alpha • Sep 20

Dynagas LNG Partners: Becoming Less And Less Interesting To Me

Summary DLNG has continued to improve the ratio of assets to liabilities. This, in combination with future renewal and growth of fleet, will limit any dividend to shareholders. More importantly is the ethical issue of being invested in DLNG. Investment thesis Dynagas LNG Partners (DLNG) continues to reduce debt and increase equity. Its 6 LNG carriers are fully employed on period charters, with the Arctic Aurora on charter to Equinor (EQNR) becoming available only in the 3rd quarter of 2023. Arctic Aurora (DLNG website) Europe's dependence on Russian gas, which 83% of DLNG's fleet is employed transporting, will take time to switch to other sources. Before DLNG finally releases its Q2 and FH 2022 results, it is a good time to assess its status and also look into the ethical issue of being invested in DLNG. Financial results Why it takes the management almost three months to prepare a simple financial report is beyond my comprehension. As of writing this article on the 16th of September, it is still not released. After all, the company only has 6 vessels fully chartered out, so there are very few variables. All the net profit is going towards building equity and servicing debt and paying dividends on the preferred shares. DLNG assets and liabilities over the last 5 years (Data from DLNG. Graph by author) DLNG has certainly been able to reduce its liabilities, but we must also consider that the "pie" is shrinking as the book value of the assets is also going down. The ratio of assets to liabilities has gone from 1.48 five years ago to 1.65 as of the end of 2021. From its Q1 results, we know that DLNG's quarterly breakeven daily rate, including all operating G&A expenses, debt service payments and class survey costs, amounted to $55,300. The company managed to earn an average of about $62,200 per day per vessel. Fleet growth and renewal During the Q1 2022 results, DLNG's CEO Tony Lauritzen came out with the following statement: We continue our strategy of using our cash flow generation to deleverage our balance sheet and reinforce our liquidity so as to build equity value. This, we believe, will enhance our ability to pursue future growth initiatives. (Highlight by author) Herein lies the dilemma that the company faces. It is a small company with only 6 vessels. These vessels do need to be renewed over time. LNG vessels generally have a longer life than run-of-the-mill dry or wet bulk carriers. They should as they cost USD 240 million when they are new. The average age of DLNG's fleet is now 11.8 years, with half of the fleet being 15-year-old. These do still have another 10 years of life, at least. However, even though they can trade, there are already more efficient vessels owned by competitors, and just like your own computer and car gets old, so do ships. New and more efficient propulsion systems keep being invented. These may enable lower fuel consumption, lower pollution and lower operating costs and higher earnings from more cargo carried. One example of this is the recent collaboration between Siemens (SMEGF), Moss Maritime, Fearnley LNG, and DNV. The development is planned to have a hybrid combined-cycle power and propulsion plant called Ocean Green. Ocean Green concept LNG Hybrid vessel (Siemens Energy) To add or even just renew the fleet is expensive. This can only be done by adding equity to DLNG. This is also one reason why I believe that owners of the common units should not expect much dividend from 2024 when the company technically will be in a position to resume paying a dividend. An ethical dilemma I do understand that DLNG is not breaking any laws, as it is in compliance with applicable U.S. and EU sanctions. As of now, the current U.S. and EU sanctions regime have broadly exempted LNG shipping. Nevertheless, DLNG is trying to distance itself from the Russian companies that in effect control the money stream that gets into DLNG's bank account from the charter hire payments. Yes, we all know that even DLNG is registered in Marshall Islands, and Gazprom uses its trading company in Singapore, but it changes nothing. The gas comes from Russia and that is where the money ultimately goes. Money that is bankrolling Putin's regime's war against Ukraine. A war that most people can agree was started by them and is tragic on so many levels. DLNG was quick to point out that Gazprom Marketing and Trading of Singapore, is owned indirectly by Gazprom Germania. Gazprom Germania, including its subsidiaries, has been under the German government's control. Are they trying to say that the German government has any control over where the ships sail and where the gas can be exported? On 2nd September, DLNG's largest customer Gazprom decided to shut down the Nord Stream 1 gas pipeline indefinitely. European Commission chief spokesman, Eric Mamer, said: Gazprom's announcement this afternoon that it is once again shutting down Nord Stream 1 under fallacious pretenses is another confirmation of its unreliability as a supplier. Germany presently does not have any LNG import facilities. German LNG Terminal plans to build an import and distribution facility at the North Sea port of Brunsbuettel near Hamburg. It will have a capacity of 8 billion cbm. per year. The plan is to start operating latest by 2026. As a temporary solution, before the LNG terminal is ready, they have chartered 4 FSRUs on period charters, 2 of which come from DLNG's sponsor and main investor, the privately owned company Dynagas Ltd. It is becoming a "do as I say, not as I do" policy these days. One good example of this is Sweden which has a clear mandate from the Swedish people and an earlier announcement from the Parliament to stop importing Russian energy. Despite this, the country continues its imports. It just took a cargo of LNG from Russia being shipped on a small LNG vessel called "Coral Energy", owned and operated by the Dutch company Anthony Veder. As Ice-classed vessels, their target market was always going to be the export of LNG from the Russian Arctic and the Far East, as their competitive advantage would be that there is a limited number of Ice-classed vessels.
Seeking Alpha • Mar 04

Dynagas LNG Partners: With Less Power Comes Great Opportunity

The Russia-Ukraine war has not only put Russian companies on their knees, but it's also affecting any business that is/was relying on Russian clients/revenues. Dynagas LNG Partners LP went through some rough time in recent years, but since it reached a refinancing deal back in 2019, the partnership has made good progress. Although there was still a long way until the company would be released off the refinancing deal's chains, 2024 could be the light-year at the end of a five-year tunnel. However, the recent events are tightening the chains over DLNG's wrists, PUTIN-g the recovery at risk. With five out of its six-vessel fleet chartered to Russian entities/operations DLNG is facing a new, major, challenge. Does the clearly higher risk worth the greater potential reward? We believe that the answer is yes. It could get tricky, no doubt, but one way or another - DLNG can and should come out of this clean/er.
Seeking Alpha • Jan 01

Dynagas LNG: The 8.75% And 9% Preferred Shares Remain Very Attractive

Dynagas continues to perform well, but virtually the entire free cash flow is used to strengthen the balance sheet. This should result in a net debt of less than $400M by the end of next year. I'm still focusing on the preferred shares while Dynagas continues to reduce its leverage.
Seeking Alpha • Oct 08

DLNG: It Was Time To Say Goodbye, And Not "Good Buy"

No clarity as to what will happen with distribution for the common units. Fleet is getting less than optimal with newer better ships entering the market. Great uncertainties from 2024 after Qatar Gas takes delivery of at least 100 new large LNG vessels.
Seeking Alpha • Sep 04

Dynagas LNG: I Avoid The Common Units But Like The 9% Preferred Shares

Dynagas suspended the distribution on its common units in 2019, but still pays the preferred dividends. The excess free cash flow is used to rapidly reduce the net debt. The distributions on the common units will likely start again in a few years, but at that point the fleet age is approaching 15 years and charter rates may be lower. I like the preferred shares series A, which are trading at just over par.

Rendimenti per gli azionisti

DLNGUS Oil and GasUS Mercato
7D-2.1%-5.6%1.5%
1Y2.4%30.2%28.6%

Ritorno vs Industria: DLNG ha avuto una performance inferiore rispetto al US Oil and Gas che ha registrato un rendimento 30.2 % nell'ultimo anno.

Rendimento vs Mercato: DLNG ha avuto una performance inferiore al mercato US che ha registrato un rendimento 28.6 % nell'ultimo anno.

Volatilità dei prezzi

Is DLNG's price volatile compared to industry and market?
DLNG volatility
DLNG Average Weekly Movement5.7%
Oil and Gas Industry Average Movement6.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Prezzo delle azioni stabile: DLNG non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.

Volatilità nel tempo: La volatilità settimanale ( 6% ) di DLNG è rimasta stabile nell'ultimo anno.

Informazioni sull'azienda

FondatoI dipendentiAMMINISTRATORE DELEGATOSito web
2013n/aTony Lauritzenwww.dynagaspartners.com

Dynagas LNG Partners LP, attraverso le sue controllate, opera nel settore del trasporto marittimo in Grecia e a livello internazionale. La società possiede e gestisce navi a gas naturale liquefatto (GNL). La flotta della società è composta da sei metaniere e da tre moderne metaniere tri-carburante a propulsione diesel-elettrica della classe Ice.

Dynagas LNG Partners LP Riepilogo dei fondamenti

Come si confrontano gli utili e i ricavi di Dynagas LNG Partners con la sua capitalizzazione di mercato?
DLNG statistiche fondamentali
Capitalizzazione di mercatoUS$140.21m
Utili (TTM)US$50.46m
Ricavi(TTM)US$156.62m
2.7x
Rapporto P/E
0.9x
Rapporto P/S

DLNG è sopravvalutato?

Vedi Fair Value e analisi di valutazione

Utili e ricavi

Statistiche chiave sulla redditività dall'ultima relazione sugli utili (TTM)
DLNG Conto economico (TTM)
RicaviUS$156.62m
Costo del fatturatoUS$40.61m
Profitto lordoUS$116.02m
Altre speseUS$65.56m
UtiliUS$50.46m

Ultimi utili riportati

Dec 31, 2025

Prossima data di guadagno

n/a

Utile per azione (EPS)1.39
Margine lordo74.07%
Margine di profitto netto32.21%
Rapporto debito/patrimonio netto58.5%

Come si è comportato DLNG nel lungo periodo?

Vedi performance storica e confronto

Dividendi

5.3%
Rendimento attuale del dividendo
14%
Rapporto di remunerazione

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/29 04:04
Prezzo dell'azione a fine giornata2026/05/29 00:00
Utili2025/12/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Dynagas LNG Partners LP è coperta da 12 analisti. 0 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Richard GrossBarclays
Donald McLeeBerenberg
Kenneth HoexterBofA Global Research