Dynagas LNG Partners (DLNG) Tops Q2 EPS by 5c, Revenues Beat

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Go back to Dynagas LNG Partners (DLNG) Tops Q2 EPS by 5c, Revenues Beat

Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2020

September 3, 2020 4:05 PM EDT

ATHENS, Greece, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: DLNG) (Dynagas Partners or the Partnership), an owner and operator of liquefied natural gas (LNG) carriers, today announced its results for the three and six months ended June 30, 2020.

Quarter Highlights:

Net income of $6.4 million and earnings per common unit of $0.10, after accounting for $3.4 million of non-cash market to market interest rate swap losses;Adjusted Net Income(1) of $9.9 million and Adjusted Earnings per common unit of $0.20 excluding the non-cash mark to market interest rate... More