Dynagas LNG Partners (DLNG) Short-term Investments (2020 - 2024)
Dynagas LNG Partners (DLNG) posted quarterly Short-term Investments of $5.0 million for Q2 2024, down 79.16% year-on-year from $24.0 million in Q3 2023, and down 67.95% on a QoQ basis from $15.6 million in Q4 2023.
Dynagas LNG Partners (DLNG) Short-term Investments (2020 - 2024) Analysis & Trends
Dynagas LNG Partners (DLNG) has reported Short-term Investments for 5 consecutive years, with $5.0 million the latest figure, recorded in Q2 2024.
- Quarterly Short-term Investments fell 79.16% year-over-year to $5.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $5.0 million (down 79.16% YoY) and the FY2023 annual result came in at $15.6 million, down 30.66% from the prior year.
- Short-term Investments retreated to $5.0 million in Q2 2024 per DLNG's latest filing, from $15.6 million in the prior quarter.
- Over the last five years, Short-term Investments for DLNG reached as high as $14.4 billion in Q2 2022 and fell as low as $555000.0 in Q4 2021.
- A 5-year average of $1.8 billion and a median of $10.3 million in 2023 frame the typical range for Short-term Investments.
- Annual changes were most pronounced in 2022 — Short-term Investments surged 1084584.68% — and 2023, when it plunged 99.83%.
- Year by year, Short-term Investments stood at $907000.0 in 2020, then slumped by 38.81% to $555000.0 in 2021, then surged by 3961.98% to $22.5 million in 2022, then sank by 30.66% to $15.6 million in 2023, then slumped by 67.95% to $5.0 million in 2024.
- According to Business Quant data, Short-term Investments over the past three periods registered $5.0 million, $15.6 million, and $24.0 million for Q2 2024, Q4 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 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 |
|---|---|
| Jun 30, 2024 | 5.01 Mn |
| Dec 31, 2023 | 15.63 Mn |
| Jun 30, 2023 | 24.03 Mn |
| Dec 31, 2022 | 22.54 Mn |
| Jun 30, 2022 | 14.45 Bn |
| Dec 31, 2021 | 555,000.00 |
| Jun 30, 2021 | 1.33 Mn |
| Jun 30, 2020 | 907,000.00 |