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Dynagas LNG Partners LP Reports Results For the Three Months Ended March 31, 2024

Dynagas LNG Partners LP Common Units (DLNG) 
Last dynagas lng partners lp common units earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: dynagaspartners.com
Company Research Source: GlobeNewswire
ATHENS, June 27, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2024. Quarter Highlights: Net Income and Earnings per common unit (basic and diluted) of $11.8 million and $0.23, respectively;Adjusted Net Income(1) of $12.4 million and Adjusted Earnings per common unit(1) (basic and diluted) of $0.25;Adjusted EBITDA(1)   $29.0 million;100% fleet utilization(2); andDeclared and paid a cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from November 12, 2023 to February 11, 2024 and $0.71764025 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period from November 22, 2023 to February 21, 2024. Subsequent Events: Declared a quarterly cash distribution of $0.5625 on the Partnership’s Series A Preferred Units for the period from February 12, 20 Show less Read more
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