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Dynagas LNG Partners Announces Date for the Release of Fourth Quarter 2020 Results, Conference Call and Webcast

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Dynagas LNG Partners LP (NYSE: DLNG) will announce its fourth quarter financial results for the period ending December 31, 2020, on March 16, 2021, after market close. A conference call is scheduled for March 17, 2021, at 10:00 a.m. ET to discuss these results. Participants can join via various dial-in numbers provided or through a live audio webcast on the company's website. Dynagas operates six LNG carriers, with a total capacity of approximately 914,000 cubic meters. The Partnership encourages interested investors to participate in the upcoming call.

Positive
  • Scheduled announcement of fourth quarter financial results may provide investors with clarity on profitability and operational performance.
  • The company operates a fleet of six LNG carriers, indicating a stable operational capacity.
  • The upcoming conference call offers an opportunity for investor engagement.
Negative
  • Lack of specific financial metrics or performance indicators in the PR may lead to uncertainty among investors.
  • Forward-looking statements come with inherent uncertainties that may affect investor confidence.

ATHENS, Greece, March 11, 2021 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its financial results for the fourth quarter ended December 31, 2020 after market closes in New York on Tuesday, March 16, 2021.

The next day, Wednesday, March 17, 2021 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the earnings results.

Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote "Dynagas."

A telephonic replay of the conference call will be available until March 23, 2021, by dialing 1(866) 331-1332 (US Toll Free Dial In), 0(808) 238-0667 (UK Toll Free Dial In) or +44 (0) 3333 009785, (Standard International Dial In) and the access code required for the replay is: 59711562#.

Audio Webcast - Slides Presentation:
There will be a live and then archived audio webcast of the conference call, via the internet through the Dynagas LNG Partners website www.dynagaspartners.com. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

The slide presentation on the fourth quarter ended December 31, 2020 financial results will be available in PDF format 10 minutes prior to the conference call and webcast, accessible on the company's website www.dynagaspartners.com on the webcast page. Participants to the webcast can download the PDF presentation.

About Dynagas LNG Partners LP
Dynagas LNG Partners LP. (NYSE: DLNG) is a master limited partnership which owns and operates liquefied natural gas (LNG) carriers employed on multi-year charters. The Partnership’s current fleet consists of six LNG carriers, with aggregate carrying capacity of approximately 914,000 cubic meters.

Visit the Partnership’s website at www.dynagaspartners.com

Contact Information:
Dynagas LNG Partners LP
Attention: Michael Gregos
Tel. +30 210 8917960
Email: management@dynagaspartners.com 

Investor Relations / Financial Media:
Nicolas Bornozis
Markella Kara
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, NY 10169
Tel. (212) 661-7566
E-mail: dynagas@capitallink.com 

Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Partnership desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “expected,” “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, examination by the Partnership’s management of historical operating trends, data contained in its records and other data available from third parties. 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 control, the Partnership cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Partnership’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and, ownership days and vessel values, changes in supply and demand for Liquefied Natural Gas (LNG) shipping capacity, changes in the Partnership’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Partnership’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, economic, regulatory, political and governmental conditions that affect the shipping and the LNG industry, potential liability from pending or future litigation and potential costs due to environmental damage and vessel collisions,, general domestic and international political conditions, potential disruption of shipping routes due to accidents political events, public health threats, pandemics, international hostilities and instability, piracy, acts by terrorist or events, including “trade wars”, vessel breakdowns instances of off-hires the length and severity of the COVID-19 outbreak, the impact of public health threats and outbreaks of other highly communicable diseases, the impact of the expected discontinuance of LIBOR after 2021 on interest rates of our debt that reference LIBOR, the amount of cash available for distribution, and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Partnership disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

 


FAQ

When will Dynagas LNG Partners release its fourth quarter financial results for 2020?

Dynagas LNG Partners will release its fourth quarter financial results on March 16, 2021, after market close.

What time is the conference call for Dynagas LNG Partners' fourth quarter results?

The conference call to discuss the fourth quarter results is scheduled for March 17, 2021, at 10:00 a.m. Eastern Time.

How can I participate in the Dynagas LNG Partners conference call?

Participants can join the conference call by dialing the provided numbers at least 10 minutes prior to the call.

What is the carrying capacity of Dynagas LNG Partners' fleet?

Dynagas LNG Partners operates a fleet of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.

Where can I find the details of the Dynagas LNG Partners earnings webcast?

Details for the earnings webcast can be found on Dynagas LNG Partners' official website.

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