26-Apr-2024
Dynagas LNG Files Annual Report, Affirms Market Presence
TipRanks (Fri, 26-Apr 6:27 PM ET)
Dynagas LNG Partners LP Announces Filing of Form 20-F With the SEC
Globe Newswire (Fri, 26-Apr 4:05 PM ET)
Dynagas LNG Declares Quarterly Preferred Unit Payout
TipRanks (Tue, 23-Apr 5:57 PM ET)
Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units
Globe Newswire (Mon, 22-Apr 4:05 PM ET)
Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2023
Globe Newswire (Thu, 28-Mar 8:00 AM ET)
Globe Newswire (Thu, 21-Mar 10:35 AM ET)
Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units
Globe Newswire (Thu, 1-Feb 4:05 PM ET)
Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.
Dynagas Lng Partners trades on the NYSE stock market under the symbol DLNG.
As of April 26, 2024, DLNG stock price climbed to $3.51 with 53,842 million shares trading.
DLNG has a beta of 0.32, meaning it tends to be less sensitive to market movements. DLNG has a correlation of 0.01 to the broad based SPY ETF.
DLNG has a market cap of $129.18 million. This is considered a Micro Cap stock.
Last quarter Dynagas Lng Partners reported $37 million in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.10.
In the last 3 years, DLNG stock traded as high as $4.49 and as low as $2.08.
The top ETF exchange traded funds that DLNG belongs to (by Net Assets): LNGZ.
DLNG has outperformed the market in the last year with a price return of +38.7% while the SPY ETF gained +27.4%. DLNG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.6% and +14.3%, respectively, while the SPY returned +4.6% and -0.5%, respectively.
DLNG support price is $3.27 and resistance is $3.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DLNG stock will trade within this expected range on the day.