Dynagas LNG Partners (DLNG) has released an update.
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Dynagas LNG Partners LP has reported a robust financial performance for the first half of 2024, with a net income of $22.5 million and earnings per common unit of $0.43. The company also highlighted a 100% fleet utilization rate and announced lease financing agreements with China Development Bank Financial Leasing Co. Ltd., which were used to repay outstanding loan amounts ahead of schedule. With a substantial contract backlog and reduced debt levels, Dynagas positions itself for future growth and development.
For further insights into DLNG stock, check out TipRanks’ Stock Analysis page.
