In today’s session Dynagas LNG Partners LP (DLNG) registered an unusually high (638) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious DLNG increase. With 638 contracts traded and 12524 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: DLNG161021C00015000 closed last at: $1.45 or 16% up. About 39,439 shares traded hands. Dynagas LNG Partners LP (NYSE:DLNG) has risen 62.04% since March 4, 2016 and is uptrending. It has outperformed by 54.00% the S&P500.
Analysts await Dynagas LNG Partners LP (NYSE:DLNG) to report earnings on November, 14. They expect $0.44 EPS, up 7.32% or $0.03 from last year’s $0.41 per share. DLNG’s profit will be $15.38M for 9.01 P/E if the $0.44 EPS becomes a reality. After $0.48 actual EPS reported by Dynagas LNG Partners LP for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.
Dynagas LNG Partners LP (NYSE:DLNG) Ratings Coverage
Out of 6 analysts covering Dynagas LNG Partners (NYSE:DLNG), 3 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 50% are positive. $22 is the highest target while $8 is the lowest. The $12.50 average target is -21.14% below today’s ($15.85) stock price. Dynagas LNG Partners has been the topic of 8 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The firm has “Underweight” rating given on Monday, January 11 by Barclays Capital. The firm has “Market Perform” rating by Wells Fargo given on Monday, September 19. As per Tuesday, September 13, the company rating was initiated by Jefferies. The stock of Dynagas LNG Partners LP (NYSE:DLNG) earned “Outperform” rating by Credit Suisse on Monday, May 9. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, August 27. The firm has “Hold” rating given on Monday, February 22 by Deutsche Bank. Stifel Nicolaus maintained Dynagas LNG Partners LP (NYSE:DLNG) on Monday, December 21 with “Buy” rating.
According to Zacks Investment Research, “Dynagas LNG Partners LP is focused on owning and operating LNG carriers that are employed on multi-year contracts with international energy companies. Dynagas LNG Partners LP is based in Glyfada, Greece.”
Dynagas LNG Partners LP is organized for the purpose of owning, operating, and acquiring liquid natural gas carriers. The company has a market cap of $553.94 million. The Firm is focused on owning and operating LNG carriers. It has a 8.67 P/E ratio. The Firm operates in the segment relating to its activities as it operates solely LNG vessels.
DLNG Company Profile
Dynagas LNG Partners LP, incorporated on May 30, 2013, is organized for the purpose of owning, operating, and acquiring liquid natural gas (LNG) carriers. The Firm is focused on owning and operating LNG carriers. The Firm operates in the segment relating to its activities 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 Firm owns and operates a fleet of over six LNG carriers, consisting of the three LNG carriers in the Company’s 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.
More notable recent Dynagas LNG Partners LP (NYSE:DLNG) news were published by: Nasdaq.com which released: “Dynagas LNG Partners LP (DLNG) Ex-Dividend Date Scheduled for October 06, 2016” on October 05, 2016, also Marketwired.com with their article: “Dynagas LNG Partners LP Announces the Date of Its 2016 Annual General Meeting …” published on October 07, 2016, Hellenicshippingnews.com published: “Dynagas LNG Partners LP (NYSE:DLNG) Given Average Rating of â€œBuyâ€ by Analysts” on September 09, 2016. More interesting news about Dynagas LNG Partners LP (NYSE:DLNG) were released by: Seekingalpha.com and their article: “Dynagas LNG Partners LP’s (DLNG) CEO Tony Lauritzen on Q2 2016 Results …” published on July 30, 2016 as well as Hellenicshippingnews.com‘s news article titled: “Dynagas LNG Partners LP (DLNG) Downgraded by Barclays” with publication date: January 15, 2016.
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