Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2020

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Go back to Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2020

Dynagas LNG Partners (DLNG) Tops Q4 EPS by 2c, Revenues Beat

March 16, 2021 4:16 PM EDT

Dynagas LNG Partners (NYSE: DLNG) reported Q4 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $34.44 million versus the consensus estimate of $33.62 million.

Fourth Quarter Highlights:

Net income and earnings per common unit of $10.6 million and $0.22, respectively;Adjusted Net Income(1) of $10.7 million and Adjusted Earnings per common unit of $0.22;Adjusted EBITDA(1) of $24.4 million;100% fleet utilization; andDeclared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: DLNG PR A) for the period from August 12, 2020 to November... More