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%
Market cap
$110.6M
P/E
1.8×
Fwd P/E
—
Dividend yield
6.58%
F-score
7/9
Altman Z
n/a
Beneish M
−2.38
Dividend safety
66/100

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 59.10%

Capital & Financial Ratios $m

Size
Market Cap 110.60
Revenue ttm 157.46
Net income ttm 67.75
Free cash flow ttm 95.43
Net debt Q (15.74)
Valuation
P/E 1.83
Forward P/E —
Price / sales 0.70
Forward P/S Powerpack
Price / FCF 1.16
Price / book 0.26
Financial health
Current ratio Q 0.88 (below 1: weak)
Debt / equity Q 0.09 (at or below 0.5: strong)
Interest coverage Q 4.15
Growth
Revenue growth Q +2.12% (above 0%: growing)
Operating income growth Q −10.97% (below 0%: shrinking)
EPS, this year −3.57% (below 0%: weak)
EPS, next year A +7.41%
Revenue, next year A −4.17% (below 0%: weak)
EPS, past 5 yrs +16.98% (at or above 15%: strong)
EPS, next 5 yrs A +5.09%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 0.61%
10-year low 10-year high
P/S against its own 10 years 22.63%
10-year low 10-year high
P/B against its own 10 years 2.35%
10-year low 10-year high
EV/Sales against its own 10 years 0.04%
10-year low 10-year high
EV/FCF against its own 10 years 0.04%
10-year low 10-year high

Dividends raised 2 years running

Yield
6.58%
Annual rate
0.20
Payout ratio
12.0%
Growth, 2016–25
−21.2%/yr
  1. 1.69 ’16
  2. 2.25 ’17 +33
  3. 1.17 ’18 −48
  4. 0.13 ’19 −89
  5. 0.00 ’23 −100
  6. 0.05 ’24
  7. 0.20 ’25 +302
  8. 0.40 ’26e +103
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 74 68 41 59
Receivables 1 2 2 1
Inventory 1 1 1 1
Other 22 3 — —
105 78 49 67
2023 2024 2025 Q'26
Payables 15 14 12 12
ST’ Debt 420 44 44 44
Other 20 20 17 15
459 84 79 76

Compound Annual Growth %

10y 5y 3y
Sales 0.76% 2.69% 5.96%
Cash Flow (0.71%) 5.64% 16.34%
Earnings 4.37% 17.54% 5.93%
Book Value 2.55% 7.06% 3.74%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.43 — — — —
’25 0.28 0.38 0.48 0.38 1.38
’24 0.32 0.29 0.32 0.29 1.05
’23 0.26 0.31 0.04 0.21 0.66
’22 0.57 0.30 0.20 0.24 1.15
’21 0.36 0.25 0.31 0.38 1.14
’20 0.20 0.18 0.28 0.22 0.63
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 40 — — — —
’25 39 39 39 40 157
’24 38 38 39 42 156
’23 37 38 49 37 160
’22 33 33 30 35 132
’21 33 34 35 36 138
’20 34 34 34 34 137
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 27 21 — — —
’25 18 24 26 21 90
’24 12 23 26 32 92
’23 14 9 22 20 64
’22 25 8 11 13 57
’21 23 16 20 21 80
’20 19 8 28 14 69
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 27 21 — — —
’25 18 24 26 21 90
’24 12 23 26 32 92
’23 14 9 22 20 64
’22 25 8 11 13 57
’21 23 16 20 21 80
’20 19 8 28 14 69
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 57 Oil & Gas Midstream stocks →

Dynagas LNG Partners LP (DLNG) Latest News

13 Mar

Impact 3 · · Associated Press Finance

14 Jan

20 Nov

Impact 3 · · Associated Press Finance

8 Jun

Impact 4 · · InvestorPlace

1 Jun

Impact 4 · · InvestorPlace
stockrow.com/DLNG · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com