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Dynagas LNG Partners

DB:DGL
Snowflake Description

Undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DGL
DB
$37M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Dynagas LNG Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Dynagas LNG Partners has significant price volatility in the past 3 months.
DGL Share Price and Events
7 Day Returns
1%
DB:DGL
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-48.4%
DB:DGL
21.9%
DE Oil and Gas
-17.7%
DE Market
DGL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dynagas LNG Partners (DGL) 1% -33.3% -44.7% -48.4% -93.7% -94.1%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • DGL underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • DGL underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
DGL
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Dynagas LNG Partners's competitors could be found in our database.

Value

 Is Dynagas LNG Partners undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dynagas LNG Partners to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dynagas LNG Partners.

DB:DGL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:DGL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 33%) (1742.7%))
7.193
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:DGL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dynagas LNG Partners is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:DGL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 60.14 Analyst x1 54.43
2021 62.26 Analyst x1 51.00
2022 63.58 Est @ 2.12% 47.14
2023 64.45 Est @ 1.37% 43.24
2024 64.99 Est @ 0.84% 39.47
2025 65.30 Est @ 0.47% 35.89
2026 65.43 Est @ 0.21% 32.55
2027 65.45 Est @ 0.03% 29.47
2028 65.39 Est @ -0.1% 26.65
2029 65.27 Est @ -0.18% 24.07
Present value of next 10 years cash flows $383.00
DB:DGL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $65.27 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$597.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $597.59 ÷ (1 + 10.49%)10
$220.38
DB:DGL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $383.00 + $220.38
$603.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $603.38 / 35.53
$16.98
DB:DGL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DGL represents 0.97914x of NYSE:DLNG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97914x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 16.98 x 0.97914
€16.63
Value per share (EUR) From above. €16.63
Current discount Discount to share price of €1.03
= -1 x (€1.03 - €16.63) / €16.63
93.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Dynagas LNG Partners is available for.
Intrinsic value
>50%
Share price is €1.03 vs Future cash flow value of €16.63
Current Discount Checks
For Dynagas LNG Partners to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Dynagas LNG Partners's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Dynagas LNG Partners's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dynagas LNG Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dynagas LNG Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DGL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.10
NYSE:DLNG Share Price ** NYSE (2020-03-30) in USD $1.06
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dynagas LNG Partners.

DB:DGL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DLNG Share Price ÷ EPS (both in USD)

= 1.06 ÷ 0.10

10.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynagas LNG Partners is overvalued based on earnings compared to the Europe Oil and Gas industry average.
  • Dynagas LNG Partners is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Dynagas LNG Partners's expected growth come at a high price?
Raw Data
DB:DGL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
51.2%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:DGL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.37x ÷ 51.2%

0.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynagas LNG Partners is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Dynagas LNG Partners's assets?
Raw Data
DB:DGL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $5.26
NYSE:DLNG Share Price * NYSE (2020-03-30) in USD $1.06
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:DGL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DLNG Share Price ÷ Book Value per Share (both in USD)

= 1.06 ÷ 5.26

0.2x

* Primary Listing of Dynagas LNG Partners.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynagas LNG Partners is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Dynagas LNG Partners's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Dynagas LNG Partners has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Dynagas LNG Partners expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
51.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dynagas LNG Partners expected to grow at an attractive rate?
  • Dynagas LNG Partners's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Dynagas LNG Partners's earnings growth is expected to exceed the Germany market average.
  • Dynagas LNG Partners's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DGL Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DGL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 51.2%
DB:DGL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 0.4%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DGL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DGL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 132 54 19 3
2020-12-31 134 53 18 2
2020-03-30
DB:DGL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 131 43 4
2019-09-30 128 39 -10
2019-06-30 125 39 -6
2019-03-31 125 40 -8
2018-12-31 127 43 -4
2018-09-30 131 49 3
2018-06-30 133 50 8
2018-03-31 134 53 3
2017-12-31 139 59 11
2017-09-30 146 68 20
2017-06-30 156 80 34
2017-03-31 166 98 56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dynagas LNG Partners's earnings are expected to grow significantly at over 20% yearly.
  • Dynagas LNG Partners's revenue is expected to grow by 0.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DGL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Dynagas LNG Partners Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DGL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.37 0.44 0.30 2.00
2020-12-31 0.19 0.19 0.19 1.00
2020-03-30
DB:DGL Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.10
2019-09-30 -0.30
2019-06-30 -0.18
2019-03-31 -0.23
2018-12-31 -0.11
2018-09-30 0.10
2018-06-30 0.23
2018-03-31 0.07
2017-12-31 0.30
2017-09-30 0.58
2017-06-30 0.95
2017-03-31 1.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dynagas LNG Partners is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Dynagas LNG Partners's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dynagas LNG Partners has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Dynagas LNG Partners performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dynagas LNG Partners's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dynagas LNG Partners's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Dynagas LNG Partners has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Dynagas LNG Partners has become profitable in the last year making it difficult to compare the Europe Oil and Gas industry average.
Earnings and Revenue History
Dynagas LNG Partners's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dynagas LNG Partners Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DGL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 130.90 3.61 9.25
2019-09-30 127.60 -10.50 8.99
2019-06-30 124.56 -6.41 8.68
2019-03-31 124.63 -8.20 8.42
2018-12-31 127.14 -4.05 8.56
2018-09-30 130.57 3.41 8.29
2018-06-30 132.72 8.05 8.16
2018-03-31 133.80 2.52 8.08
2017-12-31 138.99 10.59 7.85
2017-09-30 145.92 20.44 7.76
2017-06-30 155.54 33.73 7.72
2017-03-31 166.20 55.88 7.74
2016-12-31 169.85 60.10 7.88
2016-09-30 165.48 59.45 7.66
2016-06-30 159.41 58.58 7.39
2016-03-31 152.32 57.60 7.05
2015-12-31 145.20 57.03 6.68
2015-09-30 144.56 -28.91 6.73
2015-06-30 136.39 -29.63 6.42
2015-03-31 121.70 -33.71 5.97
2014-12-31 107.09 -37.56 5.52
2014-09-30 92.39 46.26 4.74
2014-06-30 85.11 44.14 4.19
2014-03-31 85.52 45.44 3.70
2013-12-31 85.68 45.62 3.12
2013-09-30 84.94 43.40 3.07
2013-06-30 82.84 38.17 2.97
2013-03-31 80.11 33.85 2.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dynagas LNG Partners has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dynagas LNG Partners used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Dynagas LNG Partners's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dynagas LNG Partners's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dynagas LNG Partners has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Dynagas LNG Partners's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dynagas LNG Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dynagas LNG Partners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dynagas LNG Partners's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Dynagas LNG Partners's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dynagas LNG Partners Company Filings, last reported 2 months ago.

DB:DGL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 313.71 653.15 66.21
2019-09-30 311.07 914.39 17.62
2019-06-30 318.70 712.03 112.91
2019-03-31 322.88 712.42 112.27
2018-12-31 326.49 712.82 109.92
2018-09-30 285.00 713.20 59.54
2018-06-30 296.23 713.58 57.82
2018-03-31 306.44 713.97 61.40
2017-12-31 318.32 714.35 67.46
2017-09-30 329.41 714.73 70.52
2017-06-30 342.14 714.86 74.31
2017-03-31 364.03 714.38 50.92
2016-12-31 367.84 716.44 57.60
2016-09-30 369.08 724.07 59.09
2016-06-30 368.51 731.69 57.25
2016-03-31 368.26 739.32 54.00
2015-12-31 367.84 715.29 24.29
2015-09-30 370.14 560.00 92.63
2015-06-30 296.83 565.00 12.46
2015-03-31 297.55 570.00 18.23
2014-12-31 297.70 567.51 11.95
2014-09-30 296.23 580.00 11.06
2014-06-30 357.94 335.00 19.62
2014-03-31 263.49 214.09 8.77
2013-12-31 257.70 219.59 5.68
2013-09-30 109.78 348.21 10.66
2013-06-30 97.90 359.05
2013-03-31 75.18 380.72
  • Dynagas LNG Partners's level of debt (208.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (190.6% vs 208.2% today).
  • Debt is not well covered by operating cash flow (6.6%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Dynagas LNG Partners's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dynagas LNG Partners has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Dynagas LNG Partners's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
23.7%
Current annual income from Dynagas LNG Partners dividends. Estimated to be 0% next year.
If you bought €2,000 of Dynagas LNG Partners shares you are expected to receive €474 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Dynagas LNG Partners's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Dynagas LNG Partners's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DGL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DGL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-03-30
DB:DGL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-19 0.250 15.410
2019-06-05 0.250 15.337
2019-01-25 0.250 10.774
2018-10-11 1.000 20.289
2018-07-05 1.000 11.597
2018-04-18 1.000 12.240
2018-01-05 1.690 15.623
2017-10-04 1.690 13.309
2017-07-05 1.690 11.822
2017-04-12 1.690 10.896
2017-01-04 1.690 10.099
2016-10-04 1.690 11.253
2016-07-06 1.690 11.521
2016-06-01 1.690 12.295
2016-05-18 1.690 12.136
2016-04-18 1.690 12.044
2016-02-16 1.690 16.819
2015-11-09 1.690 17.367
2015-08-25 1.690 12.074
2015-05-19 1.690 10.693
2015-05-14 1.690 8.378
2015-01-15 1.690 8.877
2014-10-22 1.560 8.863
2014-09-19 1.560 7.237
2014-07-22 1.460 6.162
2014-04-28 1.460 6.214
2014-01-31 1.460 6.728

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynagas LNG Partners has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dynagas LNG Partners has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Dynagas LNG Partners's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • No need to calculate the sustainability of Dynagas LNG Partners's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Dynagas LNG Partners's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dynagas LNG Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dynagas LNG Partners has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Dynagas LNG Partners's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tony Lauritzen
AGE 42
TENURE AS CEO 6.8 years
CEO Bio

Mr. Tony Lauritzen has been the Chief Executive Officer of Dynagas LNG Partners LP since May 30, 2013. Mr. Lauritzen has been the commercial manager of Sponsor’s LNG activities since 2006. He joined Dynagas LNG Partners LP when the first vessel was delivered in 2007. He worked for the shipowner and shipmanager Bernhard Schulte Shipmanagement Ltd. from 2004 to 2007 where he was project manager with a focus on the gas shipping segment. Prior to that, he worked for Westshore Shipbrokers AS in the offshore shipbroking segment. He has been a Director at Dynagas LNG Partners LP since May 30, 2013. He holds a Master of Science in Shipping Trade and Finance from Cass Business School, London from 2003 and Master of Arts in Business and Finance from Heriot Watt University, Edinburgh from 2002.

CEO Compensation
  • Insufficient data for Tony to compare compensation growth.
  • Insufficient data for Tony to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Tony Lauritzen

TITLE
CEO & Director
AGE
42
TENURE
6.8 yrs

Michael Gregos

TITLE
Chief Financial Officer
AGE
48
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure and age of the Dynagas LNG Partners board of directors in years:

6.3
Average Tenure
71
Average Age
  • The tenure for the Dynagas LNG Partners board of directors is about average.
Board of Directors

George Prokopiou

TITLE
Chairman of the Board
AGE
73
TENURE
6.8 yrs

Tony Lauritzen

TITLE
CEO & Director
AGE
42
TENURE
6.8 yrs

Alexios Rodopoulos

TITLE
Independent Director
AGE
71
TENURE
6.3 yrs

Evangelos Vlahoulis

TITLE
Independent Director
AGE
72
TENURE
6.3 yrs

Levon Dedegian

TITLE
Independent Director
AGE
68
TENURE
6.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Dynagas LNG Partners's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dynagas LNG Partners has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. As of April 30, 2019, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was founded in 2013 and is headquartered in Monaco.

Details
Name: Dynagas LNG Partners LP
DGL
Exchange: DB
Founded: 2013
$33,802,697
35,525,526
Website: http://www.dynagaspartners.com
Address: Dynagas LNG Partners LP
23, Rue Basse,
Monaco,
98000,
Monaco
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DLNG Common Units New York Stock Exchange US USD 13. Nov 2013
DB DGL Common Units Deutsche Boerse AG DE EUR 13. Nov 2013
NYSE DLNG.PRB 8.75 SR B PFD UT New York Stock Exchange US USD 17. Oct 2018
Number of employees
Current staff
Staff numbers
0
Dynagas LNG Partners employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:18
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.