Dynagas LNG Partners LP Reports Results for the Three Months Ended March 31, 2019

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Dynagas LNG Partners (DLNG) Misses Q1 EPS by 2c, Revenues Beat

June 5, 2019 4:08 PM EDT

Dynagas LNG Partners (NYSE: DLNG) reported Q1 EPS of ($0.03), $0.02 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $31.4 million versus the consensus estimate of $31.16 million.

Net income of $1.9 million;Adjusted Net Income(1) and Adjusted EBITDA(1) of $1.7 million and $21.7 million, respectively;Distributable Cash Flow(1) of $5.8 million;Free cash of $112.3 million and available liquidity of $142.3 million, each as of March 31, 2019.100% utilization of the Partnerships vessels;Declared and paid a cash distribution of $0.0625 per common unit in respect of the fourth quarter of... More