Dynagas LNG Partners (DLNG) Divestments (2020 - 2024)
Dynagas LNG Partners (DLNG) posted quarterly Divestments of $5.3 million for Q3 2024, down 18.36% year-on-year from $6.5 million in Q4 2023, and down 13.44% on a QoQ basis from $6.1 million in Q2 2024.
Dynagas LNG Partners (DLNG) Divestments (2020 - 2024) Analysis & Trends
Dynagas LNG Partners (DLNG) has reported Divestments for 5 consecutive years, with $5.3 million the latest figure, recorded in Q3 2024.
- Quarterly Divestments fell 18.36% year-over-year to $5.3 million in Q3 2024, while the trailing twelve-month figure through Dec 2024 was $17.5 million (down 28.67% YoY) and the FY2024 annual result came in at $17.5 million, down 28.67% from the prior year.
- Divestments fell to $5.3 million in Q3 2024 per DLNG's latest filing, from $6.1 million in the prior quarter.
- Over the last five years, Divestments for DLNG reached as high as $6.5 million in Q3 2023 and fell as low as -$407000.0 in Q4 2021.
- A 5-year average of $3.0 million and a median of $4.3 million in 2022 frame the typical range for Divestments.
- Annual changes were most pronounced in 2021 — Divestments sank 134.71% — and 2023, when it jumped 2174.44%.
- Year by year, Divestments stood at -$304000.0 in 2020, then sank by 33.88% to -$407000.0 in 2021, then jumped by 1163.64% to $4.3 million in 2022, then surged by 46.82% to $6.4 million in 2023, then decreased by 16.83% to $5.3 million in 2024.
- According to Business Quant data, Divestments over the past three periods registered $5.3 million, $6.1 million, and $6.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 50.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 155.32 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 11.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 39.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 3.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Dynagas LNG Partners | 139.71 Mn | 86.68 Mn | 29.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 5.29 Mn |
| Jun 30, 2024 | 6.11 Mn |
| Mar 31, 2024 | 6.13 Mn |
| Dec 31, 2023 | 6.36 Mn |
| Sep 30, 2023 | 6.48 Mn |
| Jun 30, 2023 | 6.13 Mn |
| Mar 31, 2023 | 5.60 Mn |
| Dec 31, 2022 | 4.33 Mn |
| Mar 31, 2022 | -270,000.00 |
| Dec 31, 2021 | -407,000.00 |
| Sep 30, 2021 | -399,000.00 |
| Jun 30, 2021 | -334,000.00 |
| Mar 31, 2021 | -245,000.00 |
| Dec 31, 2020 | -304,000.00 |
| Sep 30, 2020 | -170,000.00 |