$0.82 Earnings Per Unit for Dynagas LNG Partners LP
Dynagas LNG Partners LP reported net income of $33.4 million and earnings per common unit of $0.82 for the six months ended June 30, 2026.
Dynagas LNG Partners LP announced its financial results for the three and six months ended June 30, 2026. The partnership reported net income of $33.4 million and earnings per common unit of $0.82 for the half-year period. Adjusted net income totaled $28.2 million, with adjusted earnings per common unit at $0.68. Adjusted EBITDA reached $51.9 million, while fleet utilization stood at 95.7%. In the quarter ended June 30, 2026, net income was $16.0 million and earnings per common unit were $0.39. The company declared a cash distribution of $0.5625 per Series A Preferred Unit between February 12, 2026, and May 11, 2026. Additionally, the partnership declared a quarterly cash distribution of $0.050 per common unit for the quarter ended March 31, 2026, payable to unitholders as of May 18, 2026.