DLNG · NYSE · Marine Shipping

Dynagas LNG Partners (DLNG)

Owns LNG carriers earning multi-year charter hire from international energy companies.

$3.65
vs last close+0.02 (+0.69%)
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Dynagas LNG Partners LPDLNG
Industrials

Owns LNG carriers that earn charter hire under multi-year contracts with international energy companies. Its six-vessel fleet combines steam-turbine and ice-class TFDE ships, while affiliated Dynagas Ltd. supplies commercial and technical management and a small charterer group concentrates revenue.

Owns a six-vessel LNG-carrier fleet deployed on multi-year time charters with SEFE, Equinor, Rio Grande LNG, and Yamal. Steam-turbine carriers and tri-fuel diesel-electric vessels provide seaborne LNG transportation on international routes; most are ice-class and winterized for subzero, ice-bound terminals.

Earns charter hire for providing vessel capacity rather than taking direct exposure to LNG prices or short-term freight rates. Fixed-period contracts support utilization, while specialized experience in Arctic operations expands the routes available to charterers.

Relies on affiliated Dynagas Ltd. for commercial management, crews, maintenance, and regulatory compliance. Revenue is concentrated among a small charterer group, and vessels chartered to Yamal transport Russian-origin LNG under long-term contracts affected by incoming European Union and United Kingdom restrictions.

Company facts

CEOTony Lauritzen
ListedNov 13, 2013
ExchangeNYSE
HeadquartersAthens, Greece
CountryGreece
Employees10
CIK0001578453
ISINMHY2188B1083

Market cap$131.7M
EPS (ttm)$1.86
P/E (ttm)1.95
ROE14.1%
P/B0.2636
P/S0.8201
Dividend yieldDiv yield5.52%
Beta−0.01vs XLI −0.10

Price target$4.50+24.3%Average of 16 analysts
ConsensusHold8 of 16 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 19, 26
in 57 days
EPS estimate
$0.34
Revenue estimate
$38.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Sep '25Nov '25Mar '26May '26Sep '26Nov '26
Reported$0.32$0.30$0.25$0.36$0.34$0.29$0.39Pending
Estimate$0.28$0.28$0.24$0.31$0.26$0.29$0.28$0.34
Surprise+14.3%+7.1%+4.2%+16.1%+30.8%0.0%+39.3%

RevenueReportedEstimate

Mar '25May '25Sep '25Nov '25Mar '26May '26Sep '26Nov '26
Reported$37.8M$37.4M$37.1M$37.0M$37.8M$36.8M$38.3MPending
Estimate$37.5M$37.0M$35.6M$37.8M$35.7M$36.9M$36.3M$38.4M
Surprise+0.7%+1.1%+4.0%−2.0%+6.0%−0.2%+5.5%
Estimate$0.34
ReportedDue Nov 19, 2026
Estimate$38.4M
ReportedDue Nov 19, 2026
View details

Debt to equity51.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$39.1M$41.7M$39.1M$38.6M$38.9M$40.0M$39.9M$41.8M
Net income$15.1M$14.1M$13.6M$13.7M$18.7M$15.7M$17.4M$16.0M
Net margin38.5%33.8%34.7%35.5%48.0%39.3%43.6%38.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$19.8M$19.4M$18.5M$19.2M$18.8M$18.8M$16.5M$19.8M
YoY growth+111.2%+9.9%−4.1%+1.9%−5.3%−3.1%−11.0%+3.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $59.5M · Total debt $255.2M · Total assets $791.8M · Shareholders' equity $499.6M

Revenue
$41.8M
Operating income
$19.8M
Net income
$16.0M
View details

Dividend yield
5.52%
Next ex-date
Nov 24, 26
estimated · in 62 days
Annual dividend
$0.20
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.049$0.049$0.049$0.049$0.05$0.05$0.05$0.05
Annual yield1.10%2.53%4.11%5.46%5.61%5.01%5.25%5.26%
Ex-dateDec 9Feb 24May 19Aug 25Nov 10Feb 23May 18Aug 24
Payment dateDec 12Feb 27May 23Aug 29Nov 14Feb 27May 22Aug 28
View details

Institutions10.93%3.98M shares
21 holders · as of Jun 30, 2026
Insiders57.89%21.06M shares
4 holders · as of Aug 13, 2026
Other31.18%11.35M shares
remainder

36.38M company shares as of Aug 29, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Georgios ProkopiouInsiderdirector
42.86%15.60Mfiled Mar 30, 2026
Dell Loy HansenInsider
9.79%3.56Mfiled Oct 15, 2020
Thomas HerfortInsider
5.23%1.90Mfiled Aug 13, 2026
Clearbridge Investments, LLCInstitution
4.32%1.57Mfiled Feb 14, 2018
FMR LLCInstitution
4.05%1.47Mas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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