Dynagas LNG Partners (DLNG) Misses Q4 EPS by 1c, Revenues Beat
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Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2019
March 12, 2020 4:05 PM EDTMONACO, March 12, 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 months and year ended December 31, 2019.
Quarter Highlights:
Net income and earnings per common unit of $5.5 million and $0.07 respectively;Adjusted Net Income(1) and Adjusted EBITDA(1) of $5.6 million and $24.0 million, respectively;Distributable Cash Flow(1) Â of $10.2 million;100% fleet utilization;Repayment of the $250 million aggregate principal amount 6.25% senior unsecured notes (the Notes) on October 30, 2019; andCash... More