Dynagas Lng Partners Lp · NYSE:DLNG
Dynagas Lng Partners Lp — Q3 2025 Earnings Presentation
13 slides from Dynagas Lng Partners Lp's earnings presentation, Nov 20, 2025
Slide 1: Q3 2025 Financial Results Presentation
Q3 2025 Financial Results Presentation 20 November, 2025 0
Slide 2: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements Disclaimer The financial information and data contained in this presentation is unaudited. This presentation includes certain numerical measures that are not derived in accordance with generally accepted accounting principles in the U.S. (“GAAP”), and which
Slide 3: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements Although the Partnership believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Partnership’s
Slide 4: Highlights
Highlights Returning Capital to Common Unitholders ▪ Declared a distribution to common unitholders for the third quarter of $0.050 per common unit which was paid on November 14, 2025. ▪ Since inception of common unit buy-back program repurchased 420,236 common units at an average price of $3.71 per
Slide 5: Financial Summary q3 2025
Financial Summary q3 2025 Quarter Highlights ▪ Increase in net income, relative to q3 2024 primarily relating to the In USD thousands, except TCE q3 2025 q2 2025 q3 2024 increase of other income from insurance claims for damages Voyage Revenues 38,891 38,613 39,069 incurred in prior years, the decre
Slide 6: Cash Flow Generation and Capital Structure
Cash Flow Generation and Capital Structure ($) thousands $120,000 $27,600 $5,190 ($) millions $100,000 -$5,161 -$1,144 -$11,041 $80,000 $77,856 $60,000 $290 $388 $40,000 $34,728 -$55,000 -$3,572 $20,000 $73 $0 Senior Secured Debt Series A Preferred Units Common Book Equity Decrease in cash of $43.2m
Slide 7: Debt Highlights
Debt Highlights ▪ Debt Outstanding: $289.8m on four LNG carriers, with two vessels NET DEBT / EBITDA debt-free. 2.5 ▪ Financial leverage metrics continue to strengthen with $433m in 2.0 debt paid since end 2018. 1.5 ▪ Current lease financing with amortization of $44m per year further de-risking the
Slide 8: Fleet Profile
Fleet Profile Fleet ◼ 6 LNG carriers Total cbm capacity ◼ 914,100 cbm (149,700 cbm for steam turbine LNG fleet, 155,000 cbm for the tri-fuel diesel engine LNG fleet (TFDE’s)) Fleet average age ◼ ~15.3 years(1) Average remaining charter ◼ ~5.2 years(1)(2)(3) duration ◼ Equinor (Norway), SEFE Marketin
Slide 9: Fleet Employment Overview
Fleet Employment Overview(3) Size Charterer 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 Clean Energy (1) 150,000 SEFE Rio Grande LNG Ob River (1) 150,000 SEFE Amur River (1) 150,000 SEFE Yenisei River (2) 155,000 Yamal LNG (Singapore) 5+5+5 yrs Lena River (2) 155,000 Yamal LNG (Singa
Slide 10: Appendix
Appendix 9
Slide 11: Reconciliation of Net Income to Adjusted Net Income
Reconciliation of Net Income to Adjusted Net Income, Common Unitholders’ Interest in Adjusted Net Income and Adjusted Earnings per common unit Three Months Ended Nine Months Ended September 30, September 30, (In thousands of U.S. dollars except for units and per unit data) 2025 2024 2025 2024 (unaud
Slide 12: Reconciliation of Net income to Adjusted EBITDA
Reconciliation of Net income to Adjusted EBITDA Three Months Ended September 30, Nine Months Ended September 30, (In thousands of U.S. dollars) 2025 2024 2025 2024 (unaudited) (unaudited) Net income $ 18,655 $ 15,054 $ 45,934 $ 37,512 Net interest and finance costs (1) 5,291 6,342 15,387 23,179 Depr
Slide 13: Reconciliation of TCE
Reconciliation of TCE Three Months Ended Nine Months Ended September 30, September 30, 2025 2024 2025 2024 (unaudited) (unaudited) (In thousands of U.S. dollars, except for Available Days and TCE rate) Voyage revenues $ 38,891 $ 39,069 $ 116,611 $ 114,739 Voyage Expenses * (1,855) (837) (5,144) (2,5