Dynagas LNG Partners LP (DLNG) vs New Fortress Energy LLC (NFE)

Dynagas LNG Partners LP and New Fortress Energy LLC are both Oil & Gas Midstream companies. Dynagas LNG Partners LP is the larger, with a market value of $110.6M against $62.8M — 1.8× the size. New Fortress Energy LLC has negative trailing earnings, so its P/E is not meaningful; Dynagas LNG Partners LP trades at 1.8×. Dynagas LNG Partners LP grew revenue faster over the last twelve months: 0.00% against −37.3%. Dynagas LNG Partners LP has the higher net margin (34.5% vs −147.0%) and the higher return on invested capital (0.00% vs −8.62%). Only Dynagas LNG Partners LP pays a dividend (6.58%). Across the 19 metrics below, Dynagas LNG Partners LP leads on 15 and New Fortress Energy LLC on 4.

Valuation

Metric DLNG NFE Oil & Gas Midstream median
P/E 1.83 n/m 11.68
P/S 0.70 0.02 2.39
P/B 0.26 n/m 1.68
Price to free cash flow 1.16 n/m 8.52
EV/EBITDA 3.37 n/m 9.03
EV/Sales 2.29 6.61 3.43
Earnings yield 54.77% (8,608.41%) 7.78%
Free cash flow yield 85.91% (3,439.42%) 7.11%

Profitability

Metric DLNG NFE Oil & Gas Midstream median
Gross margin 72.43% 34.01% 54.87%
Operating margin 46.55% (86.31%) 34.73%
Net margin 34.46% (147.03%) 20.12%
Free cash flow margin 0.00% (59.85%) 14.43%
Return on equity 0.00% (405.12%) 11.73%
Return on assets 0.00% (16.42%) 4.43%
Return on invested capital 0.00% (8.62%) 6.10%

Growth

Metric DLNG NFE Oil & Gas Midstream median
Revenue growth (TTM) 0.00% (37.31%) 14.88%
EPS growth (last fiscal year) 31.43% (426.28%) (7.78%)
Revenue growth, 5-year CAGR 2.69% 27.20% 10.05%
Net income growth, 5-year CAGR 17.54% 0.00% 0.00%

Health

Metric DLNG NFE Oil & Gas Midstream median
Debt to equity 0.09 (20.48) 0.77
Current ratio 0.88 0.16 1.19
Net debt to EBITDA 0.02 (34.61) 3.46

Dividend

Metric DLNG NFE Oil & Gas Midstream median
Dividend yield 6.58% 0.00% 4.94%
Payout ratio 0.12 — 0.73

Size

Metric DLNG NFE Oil & Gas Midstream median
Market cap 110.60m 62.84m 3.56b

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