Dynagas LNG Partners reports 16.8 percent profit growth for Dynagas LNG Partners stock
Published on 10/06/2026 at 00:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Dynagas LNG Partners stock (ISIN MHY2188B1083) was last quoted at EUR 3.12 in Frankfurt on October 5, 2026, against a prior close of EUR 3.21. The latest operating update showed higher quarterly profit, while charter coverage and sanctions exposure remain central to the investment case.
Profit rises on stronger charters
According to GlobeNewswire on September 8, 2026, net income reached USD 16.0 million in the second quarter of 2026, compared with USD 13.7 million in the second quarter of 2025. That was a 16.8 percent increase.
Voyage revenue rose to USD 41.2 million from USD 38.6 million over the same comparison, an increase of 6.7 percent. The company attributed the improvement partly to a higher time-charter rate for the Clean Energy after its new Rio Grande LNG charter began in April 2026.
Coverage supports visibility
The September 8 release reported 100.00 percent contracted time-charter coverage for estimated available days in 2026 and 2027, with 65.00 percent coverage for 2028. The estimated contracted revenue backlog stood at USD 0.73 billion, with an average remaining contract term of 4.4 years.
That visibility is balanced by operating and regulatory risks. Dynagas LNG Partners operates six LNG carriers, and its two Yamal charters accounted for 34.5 percent of total revenue in the first half of 2026. The company said its interpretation of the European Union exemption for legacy Russian LNG contracts could be challenged, creating a potential risk to vessel employment and distributions.
Frankfurt quote remains below close
The last Frankfurt quote was EUR 3.12 at 8:04 a.m. CEST on October 5, 2026, versus EUR 3.21 previously, a decline of 2.90 percent. Price source: substitute price Frankfurt Stock Exchange, Lang & Schwarz without data set.
Dynagas LNG Partners stock facts
- Company: Dynagas LNG Partners LP
- ISIN: MHY2188B1083
- WKN: A1W8VH
- Ticker: DLNG
- Primary exchange: NYSE
- Price Frankfurt Stock Exchange (as of October 5, 2026, 8:04 a.m. CEST): EUR 3.12
- Change versus prior close: minus 2.90 percent
- Prior close Frankfurt Stock Exchange (October 2, 2026): EUR 3.21
- Market capitalization: USD 136.8 million (as of October 5, 2026)
- 52-week range: USD 3.27-4.45 (as of October 5, 2026)
- Sector / Industry: Industrials / Marine Shipping
