Dynagas LNG Partners (NYSE:DLNG) reported a net income of $61.6 million for the full year 2025, reflecting the continued strength of the global liquefied natural gas (LNG) shipping market.
The partnership, which specializes in the ownership and operation of high-specification LNG carriers, achieved an earnings per share (EPS) of $1.38, supported by an adjusted EBITDA of $109.2 million for the twelve-month period.
The partnership’s financial performance was underpinned by a fleet utilization rate of 99.3%, indicating nearly seamless employment across its vessels.
As of the end of 2025, Dynagas maintained a contracted revenue backlog estimated at $0.84 billion, with an average remaining contract term of 5.1 years.
For the fourth quarter of 2025, Dynagas reported a net income of $15.7 million, or $0.38 per common unit.
In a sign of confidence regarding its liquidity and long-term cash flow, the Board of Directors announced the renewal of its $10 million common unit repurchase program.
Additionally, the partnership confirmed it would continue its quarterly distributions for both common units and its Series A preferred units.