DLNG PRESS-RELEASE SEC Filing Analysis

Final — all horizons settled through T+60d

DLNG ▼ -6.22% at T+60d

NEUTRAL call ✗ call lost -6.22% · α vs SPY -17.83% · entry $4.02 → $3.77

Currently $3.72 · -7.46% from $4.02 entry

Entry anchored
Mar 12, 03:58 PM ET
via Databento tick

T+1d

-6.47%

call -6.47% · α -7.49%

$3.76

settled 3mo ago

T+5d

+6.72%

call +6.72% · α +8.83%

$4.29

settled 3mo ago

T+20d

-1.74%

call -1.74% · α -5.33%

$3.95

settled 8w ago

T+60d

-6.22%

call -6.22% · α -17.83%

$3.77

settled 14h ago

Price Chart

Loading chart...

Executive Summary

Dynagas LNG Partners LP (DLNG) reported full-year 2025 results with net income of $61.6 million and adjusted EBITDA of $109.2 million, showing solid performance despite a 4.1% YoY decline in quarterly voyage revenues. The company maintained high fleet utilization (99.3%) and declared a $0.050 per unit common distribution, while renewing its $10 million unit repurchase program. However, looming EU sanctions from January 2027 threaten its two long-term charters with Yamal Trade, which accounted for 36% of 2025 revenues, posing a material future risk.

Key Financial Metrics

Revenue

$156.6M

+0.1% YoY

Adj. EPS

$1.26

GAAP: $1.38

Actionable Insight

Traders should monitor developments around EU sanctions enforcement and potential renegotiation of Yamal charters. While current financials are stable due to long-term contracts, the 2027 sanction deadline creates a structural overhang on valuation. The stock may trade with increasing discount to NAV as the deadline approaches unless clarity emerges on charter continuity.

Key Facts

Full-year 2025 net income: $61.6 million (up 19.5% YoY from $51.6M)
Q4 2025 voyage revenues: $40.0 million, down 4.1% YoY from $41.7 million
Adjusted EBITDA declined to $26.9M in Q4 2025 from $28.5M in Q4 2024
Company renewed $10.0 million common unit repurchase program in November 2025
Two vessels (Yenisei River, Lena River) under long-term charters with Yamal Trade accounted for 36% of 2025 revenues
EU sanctions effective January 1, 2027, will prohibit LNG imports from Russia, threatening Yamal charters

Financial Impact

Revenue exposure of $56.4 million in 2025 (36% of $156.6M) at risk starting 2027 due to EU sanctions; $0.84 billion revenue backlog includes uncertain Yamal charter continuation

revenueepscashFlowdistributions

Risk Factors

Material adverse impact on revenue and distributions if Yamal charters are terminated or modified due to EU sanctions
Concentration risk: 36% of 2025 revenues from a single counterparty exposed to geopolitical sanctions
Potential debt covenant issues if charter income declines significantly post-2027

Market Snapshot

Exchange

NYSE

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3255514

4 reports for DLNG

T+1T+5T+20T+60

Filters

Reports for DLNG — sortable, filterable
	Type				Now
May 22, 2026 18d ago	Press Release NEUTRAL ★ 2/10	$3.85 $3.78	▼ −1.82%	▼ −2.90%	$3.72 (−3.38%)
Apr 23, 2026 6w ago	Press Release NEUTRAL ★ 3/10	$3.94 $3.89	▼ −1.27%	▼ −2.18%	$3.72 (−5.58%)
Mar 13, 2026 12w ago	Press Release MIXED ★ 6/10	$4.02 $4.29	▲ +6.72%	▲ +8.83%	$3.72 (−7.46%)
Mar 9, 2026 13w ago	Press Release NEUTRAL ★ 3/10	$4.09 $3.94	▼ −3.67%	▼ −2.76%	$3.72 (−9.05%)

US Market Status

Market Closed — Opens Thu (11h 13m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access