Published On: Wed, Oct 19th, 2016

Analysts At Maxim Group Indicated Dynagas Lng Partners LP (NYSE:DLNG) As Buy

Today analysts at Maxim Group indicated Dynagas Lng Partners LP’s (NYSE:DLNG) shares as ‘Buy’ in a report released to investors.

According to Maxim Groups price target of 20 on the company’s stock this indicates the broker now believes there is an increase of 28.37% from Dynagas Lng Partners LP’s current price of 15.58.


In the last year Dynagas Lng Partners LP’s stock price has increased by 20.31% from 12.95 to 15.58.

The number of Dynagas Lng Partners LP shares in issue is 35,525,000 which have a current share price of 15.58 bringing Dynagas Lng Partners LP’s market capitalisation to 553.48M USD.

The 52 week high of shares in Dynagas Lng Partners LP is 16.25 while the 52 week low for the company’s shares is 6.7. The businesses 50 day moving average is 15.35 and its 200 day moving average is 14.28.

Dynagas LNG Partners LP is organized for the purpose of owning, operating, and acquiring liquid natural gas (LNG) carriers. The Company is focused on owning and operating LNG carriers. The Company operates in the segment relating to its operations as it operates solely LNG vessels. The Company’s vessels are employed on multi-year time charters, which the Company defines as charters of over two years or more, with international energy companies. The Company owns and operates a fleet of over six LNG carriers, consisting of the three LNG carriers in its initial fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River, which the Company refers to collectively as the Company’s Fleet. Its vessels have an average age of over 5.7 years and are contracted under multi-year charters with an average remaining charter term of over 10.4 years.