Friday 6 November 2026
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Dynagas LNG Partners LP
DLNG Energy Oil & Gas Midstream
Dynagas LNG Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $156.6 million, roughly unchanged from fiscal 2024.
- Revenue
- +2.12%
- EPS
- +53.6%
- Free cash flow
- −13.6%
- Total debt
- −85.4%
Quarter to June 2026, against a year earlier
3.04
0.10
−3.18%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 170 | 139 | 127 | 131 | 137 | 138 | 132 | 160 | 156 | 157 | 157 | (0.9%) | 150 | 152 | — | (1.6%) | |
| Gross margin, % | 82.64 | 73.47 | 72.26 | 76.27 | 76.80 | 76.55 | 65.42 | 65.48 | 75.65 | 74.07 | 72.43 | (8.6) pt | ||||||
| EBT | 67 | 17 | 4 | 4 | 34 | 53 | 54 | 36 | 52 | 62 | 66 | (0.9%) | ||||||
| EBT margin, % | 39.36 | 12.47 | 2.84 | 2.76 | 24.83 | 38.67 | 41.02 | 22.35 | 32.99 | 39.36 | 41.60 | 0.0 pt | ||||||
| Net income | 67 | 17 | 4 | 4 | 34 | 53 | 54 | 36 | 52 | 62 | 68 | (0.9%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 8.28 | 4.02 | 3.58 | 3.69 | 3.86 | 3.77 | 3.58 | 4.36 | 4.25 | 4.28 | 4.33 | (7.1%) | |||||
| Earnings | 1.69 | 0.27 | (0.11) | (0.22) | 0.63 | 1.14 | 1.15 | 0.66 | 1.05 | 1.38 | 1.67 | (2.2%) | ||||||
| Cash flow | 5.05 | 1.72 | 1.21 | 1.22 | 1.93 | 2.18 | 1.56 | 1.75 | 2.50 | 2.47 | 0.00 | (7.6%) | ||||||
| Capex | (1.83) | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | 3.23 | 1.72 | 1.20 | 1.22 | 1.93 | 2.18 | 1.56 | 1.75 | 2.50 | 2.47 | 0.00 | (2.9%) | ||||||
| Book value | 17.94 | 9.21 | 9.20 | 8.84 | 9.47 | 10.45 | 11.52 | 12.18 | 13.17 | 12.94 | 0.00 | (3.6%) | ||||||
| Shares, m | 21 | 35 | 35 | 35 | 36 | 37 | 37 | 37 | 37 | 37 | 37 | +6.6% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 5.71 | 29.58 | 120.79 | 0.00 | 2.84 | 2.23 | 2.21 | 3.45 | 4.46 | 2.49 | 1.83 | 17.4 | |||||
| P/S | 2.00 | 2.91 | 0.94 | 0.57 | 0.65 | 0.77 | 0.81 | 0.65 | 1.28 | 0.88 | 0.70 | 1.1 | ||||||
| P/B | 1.15 | 1.65 | 0.60 | 0.40 | 0.42 | 0.41 | 0.36 | 0.32 | 0.56 | 0.34 | 0.26 | 0.6 | ||||||
| EV/Sales | 5.87 | 7.57 | 5.68 | 5.44 | 4.90 | 4.50 | 4.22 | 5.42 | 3.17 | 2.67 | 2.29 | 4.9 | ||||||
| EV/FCF | 15.08 | 48.10 | 16.97 | 16.64 | 9.85 | 7.84 | 9.75 | 13.59 | 5.41 | 4.65 | 3.80 | 14.8 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 104 | 59 | 43 | 43 | 69 | 80 | 57 | 64 | 92 | 90 | 95 | (1.5%) | |||||
| Capex | (37) | — | 0 | — | — | — | — | — | — | — | 0 | (89.6%) | ||||||
| Free cash flow | 66 | 59 | 43 | 43 | 69 | 80 | 57 | 64 | 92 | 90 | 95 | +3.5% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 7 | 48 | (160) | (46) | (36) | (14) | 4 | (354) | (6) | (30) | (9) | n/m | |||||
| Net debt | 659 | 647 | 603 | 637 | 583 | 515 | 448 | 346 | 253 | 3 | (16) | (45.8%) | ||||||
| Shareholders’ equity | 368 | 318 | 326 | 314 | 336 | 381 | 424 | 448 | 485 | 473 | 500 | +2.8% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 3.13 | 0.86 | (0.38) | (0.77) | 2.30 | 4.31 | 4.43 | 2.62 | 4.39 | 6.17 | 0.00 | +3.0 pt | |||||
| ROIC | 6.21 | 4.14 | 3.56 | 3.94 | 4.37 | 4.50 | 3.25 | 5.09 | 6.56 | 9.89 | 0.00 | +3.7 pt | ||||||
| ROE | 11.76 | 3.45 | (1.82) | (4.11) | 11.32 | 17.93 | 15.36 | 7.85 | 11.35 | 13.30 | 0.00 | +1.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | — | — | — | — | |||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Mar 2026
Dynagas LNG Partners LP vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| WHK WhiteHawk Minerals Corp. | $730.7M | — (loss-making) | — (loss-making) | — | n/m | — | 100.00% | (4.61%) | Compare |
| SMC Summit Midstream Partners, LP | $544.1M | — (loss-making) | 886× | +10.55% (above 0%: growing) | n/m | +74.99% (above 0%: growing) | 42.65% | 16.09% | Compare |
| KNOP KNOT Offshore Partners LP | $292.7M | 21.2× | 12.8× | +11.16% (above 0%: growing) | −50.00% (below 0%: shrinking) | +3.37% (above 0%: growing) | 61.32% | 16.08% | Compare |
| IMPP Imperial Petroleum Inc. | $197.1M | 2.1× | 1.7× | +139.55% (above 0%: growing) | +108.33% (above 0%: growing) | +96.17% (above 0%: growing) | 49.50% | 38.36% | Compare |
| TORO Toro Corp. | $135.1M | — (loss-making) | — | +71.27% (above 0%: growing) | n/m | +127.85% (above 0%: growing) | 55.48% | (15.53%) | Compare |
| DLNG Dynagas LNG Partners LP | $110.6M | 1.8× | — | +2.12% (above 0%: growing) | +53.57% (above 0%: growing) | −13.57% (below 0%: shrinking) | 66.78% | 41.34% | |
| MMLP Martin Midstream Partners L.P. | $77.1M | — (loss-making) | 27.1× | +37.35% (above 0%: growing) | n/m | −108.78% (below 0%: shrinking) | 45.22% | 4.40% | Compare |
| NFE New Fortress Energy LLC | $62.8M | — (loss-making) | 1.2× | +2.76% (above 0%: growing) | n/m | +65.32% (above 0%: growing) | 30.77% | (47.59%) | Compare |
| PXS Pyxis Tankers Inc. | $57.2M | 6.9× | 6.8× | +32.60% (above 0%: growing) | n/m | +84.21% (above 0%: growing) | 63.33% | 36.25% | Compare |
| Median of peers | $166.1M | 6.9× | 9.8× | +32.60% | — | +74.99% | 52.49% | 10.24% |