Home > Boards > US Listed > Automotive and Transportation > Dynagas LNG Partners LP (DLNG)

Dynagas LNG Enters New Long-Term Charters, Maintains Current

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
dude iligence Member Profile
 
Followed By 378
Posts 10,678
Boards Moderated 3
Alias Born 03/04/06
160x600 placeholder
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 10/25/2021 4:52:18 PM
Dynagas LNG Partners LP Announces the Date of its 2021 Annual General Meeting of Limited Partners GlobeNewswire Inc. - 10/25/2021 4:10:00 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 10/25/2021 8:36:46 AM
Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units GlobeNewswire Inc. - 10/22/2021 4:05:00 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 9/16/2021 4:03:37 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 9/8/2021 4:25:17 PM
Dynagas LNG Partners trades lower post Q2 results Seeking Alpha - 9/8/2021 2:18:01 PM
Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2021 GlobeNewswire Inc. - 9/7/2021 4:05:00 PM
Dynagas LNG Partners Announces Date for the Release of Second Quarter 2021 Results, Conference Call and Webcast GlobeNewswire Inc. - 8/30/2021 9:00:00 AM
Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units GlobeNewswire Inc. - 7/29/2021 4:05:00 PM
Dynagas LNG Partners LP CUM PFD SER A declares $0.5625 dividend Seeking Alpha - 7/21/2021 4:42:19 PM
Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units GlobeNewswire Inc. - 7/21/2021 4:05:00 PM
Dynagas LNG Partners LP EPS beats by $0.02, beats on revenue Seeking Alpha - 6/17/2021 4:09:35 PM
Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2021 GlobeNewswire Inc. - 6/17/2021 4:05:00 PM
Dynagas LNG Partners Announces Date for the Release of First Quarter 2021 Results, Conference Call and Webcast GlobeNewswire Inc. - 6/10/2021 4:05:00 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 5/3/2021 4:40:58 PM
Dynagas LNG Partners LP Announces Filing of Form 20-F With the SEC GlobeNewswire Inc. - 5/3/2021 9:00:00 AM
Annual and Transition Report (foreign Private Issuer) (20-f) Edgar (US Regulatory) - 4/29/2021 5:29:34 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 4/29/2021 4:35:24 PM
Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units GlobeNewswire Inc. - 4/28/2021 4:05:00 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 4/22/2021 4:43:52 PM
Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units GlobeNewswire Inc. - 4/21/2021 4:05:00 PM
Dynagas LNG Partners inks time charter for LNG Carrier Arctic Aurora Seeking Alpha - 4/21/2021 9:20:49 AM
Dynagas LNG Partners LP Announces New Time Charter for the LNG Carrier Arctic Aurora GlobeNewswire Inc. - 4/21/2021 9:15:00 AM
Dynagas LNG Partners LP EPS beats by $0.02, beats on revenue Seeking Alpha - 3/16/2021 4:12:59 PM
dude iligence   Friday, 04/01/16 01:32:43 AM
Re: None
Post # of 37 
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, Dynagas’ 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

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences