Dynagas LNG Partners LP Common Units (DLNG)

FairStock Score: 71/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for bargains where price is far below conservatively estimated value, but I ask why. Dynagas LNG Partners owns and operates LNG carriers, including Ice Class vessels, a narrow, asset-heavy business. At $3.57 on 2026-10-13, its market value is only $144.1 million. FairStock's calculations show a P/E of 2.12, P/B of 0.30, FCF yield of 66.2%, Graham Number of $22.78, and margin of safety of 84.33%. EPS is $1.68, dividend yield 5.39%, beta 0.54, and trailing free cash flow $95.4 million. If those cash flows are durable, the units are priced as if the fleet is nearly worthless. But Graham taught me to stress the balance sheet. Debt-to-equity is 0.51, ROCE 5.62%, Altman Z-Score -0.02, and Piotroski F-Score 5/9. The Altman score suggests distress risk, and in the 2026 second quarter revenue was -$39.4 million while net income was $16.0 million, an odd combination that points to volatility or accounting noise. The Lynch category is none because FairStock sees only 0 years of filed annual results, so I lack a long track record. PEG is 0.07 and EV/EBITDA is 9.15, mixed signals. My conclusion: statistically cheap with high current cash yield, but not a safe-and-simple compounder. I would want evidence that cash flow and asset values are sustainable before treating the discount as a true margin of safety.

In plain English: Dynagas LNG Partners owns and operates ships that carry liquefied natural gas. The business looks cheap compared with its earnings, accounting book value, and cash flow, but it is small, asset-heavy, and the latest quarter showed negative revenue, which is a red flag. Overall, the price looks very low versus the numbers, but that may be because the risks are real.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer