Dynagas LNG Partners LP (DLNG) Form 6-K — Sep 10, 2026
Dynagas LNG Partners reported net income of $33.4 million for the six months ended June 30, 2026, up roughly 22% from $27.3 million a year earlier, on voyage revenues of $81.1 million (up 4.4%), with earnings per common unit rising to $0.82 from $0.52. The partnership continued deleveraging: interest and finance costs fell 25.9% as the weighted average interest rate dropped to 5.89%, cash rose to $59.5 million, and the working capital deficit narrowed to $9.3 million from $50.9 million. Adjusted EBITDA nonetheless slipped about 5% to $51.9 million, with the bottom line helped by $4.9 million of insurance-claim income.
Key figures
- Eps
- 0.82
- Revenue
- 81126000
- Net Income
- 33383000
- Total Debt
- 256640000
- Revenue Yoy
- 4.4%
- Total Assets
- 791802000
- Cash Position
- 59486000
- Shares Outstanding
- 36382011
- Tce Rate
- 69195
- Eps Prior Year
- 0.52
- Fleet Vessels
- 6
- Adjusted Ebitda
- 51901000
- Operating Cash Flow
- 47549000
- Net Income Prior Year
- 27279000
- Buyback Authorization
- $10.0 million authorized November 2025; no repurchases in H1 2026
- Fleet Average Age Years
- 16.1
- Working Capital Deficit
- 9300000
- Contracted Revenues2027
- 156300000
- Contracted Revenues2028
- 107600000
- Adjusted Ebitda Prior Year
- 54775000
- Weighted Avg Interest Rate
- 5.89% vs 6.51% prior year
- Contracted Revenue Backlog
- approximately $0.7 billion
- Contracted Revenues Rest Of2026
- 48000000
- Future Minimum Charter Payments
- 670850000
- Avg Remaining Charter Duration Years
- 4.4
- Quarterly Common Distribution Per Unit
- 0.05
- Quarterly Series APreferred Distribution Per Unit
- 0.5625
AI analysis
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