Dynagas LNG Partners LP (DLNG) is Initiated by Maxim Group to Buy, Price Target at $20

Dynagas LNG Partners LP (DLNG) was Initiated by Maxim Group to “Buy” and the brokerage firm has set the Price Target at $20. Maxim Group advised their investors in a research report released on Oct 19, 2016.

Many Wall Street Analysts have commented on Dynagas LNG Partners LP. Dynagas LNG Partners LP was Initiated by Wells Fargo to “Market Perform” on Sep 19, 2016.

Dynagas LNG Partners LP opened for trading at $14.97 and hit $15.55 on the upside on Friday, eventually ending the session at $15.2, with a gain of 1.54% or 0.23 points. The heightened volatility saw the trading volume jump to 91,154 shares. Company has a market cap of $539 M.

Dynagas LNG Partners LP is a growth-oriented limited partnership. The Company is focused on owning and operating liquefied natural gas (LNG) carriers. The Company owns and operates a fleet of approximately five LNG carriers consisting of the three LNG carriers in its Initial Fleet the Clean Energy the Ob River and the Clean Force and two 2013-built Ice Class LNG carriers the Arctic Aurora and the Yenisei River. The vessels in the Company’s fleet have carrying capacity of between approximately 150000 and 155000 cubic meters (cbm). It consists of two series of sister vessels. The Company has approximately 39 LNG carriers in operation including the vessels with a carrying capacity of between 149000 and 155000 cbm and a membrane containment system. The Company’s Optional Vessels consist of five winterized newbuilding LNG carriers two of which have been contracted to operate under multi-year charters with Gazprom and Cheniere.

Dynagas LNG Partners LP

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