Dynagas Lng Partners LP (DLNG) 21.14 $DLNG
C.H. Robinson's 3PL Services Strong amid Soft Market Trends - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 03, 12:30PM CDT
On Sep 30, 2014, we issued an updated research report on C.H. Robinson Worldwide Inc. (CHRW).
DLNG: 21.14 (+0.39), ECHO: 25.39 (+0.39), CHRW: 69.93 (+0.94), EXPD: 40.84 (+0.98)
Dynagas LNG Partners L.P. Announces Completion of Acquisition of Yenisei River
Marketwire - Fri Sep 26, 8:00AM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) ("Dynagas Partners" or the "Partnership"
, an owner and operator of LNG carriers, today announced that it has completed its previously announced acquisition of 100% of the ownership interests in the entity that owns and operates the Yenisei River, a 2013 built ice class liquefied natural gas carrier, and the related time charter contract with Gazprom Global LNG Limited, for an aggregate purchase price of $257.5 million.
DLNG: 21.14 (+0.39)
Dynagas LNG Partners L.P. Announces LNG Carrier Acquisition From Dynagas Holding LTD. for $257.5 Million
Marketwire - Tue Sep 23, 3:02PM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG ) ("Dynagas Partners" or the "Partnership" , an owner and operator of LNG carriers, today announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the Partnership's sponsor, 100% of the ownership interests in the entity that owns and operates the Yenisei River, a 2013 built ice class liquefied natural gas carrier, and the related time charter contract, for an aggregate purchase price of $257.5 million. The Yenisei River acquisition is subject to the satisfaction of certain customary closing conditions. Closing of the acquisition of the Yenisei River is expected to take place on or before September 30, 2014.
DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Announces Date for Its 2014 Annual General Meeting of Limited Partners
Marketwire - Fri Sep 12, 8:00AM CDT
Dynagas LNG Partners LP ("Dynagas Partners" or the "Partnership" (NASDAQ: DLNG) announced that its Board of Directors (the "Board" has scheduled the Partnership's 2014 Annual General Meeting of Limited Partners (the "Meeting" to be held on October 23, 2014 at 4:00 p.m., local time, at the Partnership's executive offices at 97 Poseidonos Avenue & 2 Foivis Street, Glyfada, Greece. The Board has fixed a record date of September 2, 2014 for the determination of the Limited Partners entitled to receive notice of and to vote at the Meeting or any adjournment thereof.
DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Announces Pricing of $250.0 Million of Senior Unsecured Notes Due 2019
Marketwire - Mon Sep 08, 2:05PM CDT
Dynagas LNG Partners LP ("Dynagas Partners" or the "Partnership" (NASDAQ: DLNG) announced today that it has priced its previously announced $250.0 million public offering of senior unsecured notes due 2019 (the "Notes" . Dynagas Finance Inc., (together with the Partnership, the "Issuers" a wholly-owned subsidiary of the Partnership, is acting as co-issuer of the Notes. The Notes will mature on October 30, 2019. The Notes will bear interest at a rate of 6.25% per year, payable quarterly on each January 30, April 30, July 30 and October 30, commencing on October 30, 2014. The Issuers have granted the underwriters of the offering a 30-day option to purchase up to an additional $15.0 million of the Notes on the same terms and conditions. The offering is expected to close on September 15, 2014.
DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Announces Public Offering of Senior Notes Due 2019
Marketwire - Thu Sep 04, 8:49AM CDT
Dynagas LNG Partners LP ("Dynagas Partners" or the "Partnership" (NASDAQ: DLNG) announced today that it plans to issue senior unsecured notes due 2019 (the "Notes" in a registered public offering. Dynagas Finance Inc., a wholly-owned subsidiary of the Partnership, is acting as co-issuer of the Notes. The Partnership intends to use the net proceeds from the offering to finance the majority of the purchase price of one of three recently built vessels that the Partnership has the option to acquire from Dynagas Holding Ltd., the Partnership's sponsor, together with its respective charter contract. The Partnership expects to fund the balance of the purchase price of the vessel with cash on hand.
DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2014
Marketwire - Wed Aug 06, 6:32AM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) ("Dynagas Partners" or the "Partnership" , an owner and operator of LNG carriers, today announced results (unaudited) for the three and six months ended June 30, 2014.
DLNG: 21.14 (+0.39)
Dynagas LNG Partners Announces Date for the Release of Second Quarter 2014 Results, Conference Call and Webcast
Marketwire - Thu Jul 31, 3:02PM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) announced today that it will release its financial results for the second quarter and six months ended June 30, 2014, on Wednesday, August 6, 2014, before the market opens in New York.
DLNG: 21.14 (+0.39)
Tomorrow's Ex-Dividends To Watch: CSP, DLNG, TCP
at The Street - Thu Jul 31, 9:05AM CDT
CSP DLNG TCP are going ex-dividend tomorrow, Friday, Aug. 1, 2014, 4:00 AM ET
DLNG: 21.14 (+0.39), CSP: 7.40 (+0.03), TCP: 63.36 (-0.24)
C.H. Robinson (CHRW) Beats Q2 Earnings on Strong Volumes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 30, 1:50PM CDT
C.H. Robinson Worldwide Inc. (CHRW) reported second-quarter 2014 adjusted earnings per share of 80 cents.
DLNG: 21.35 (+0.21), ECHO: 25.39 (+0.39), CHRW: 70.11 (+0.18), EXPD: 40.84 (+0.98)
Dynagas LNG Partners LP Announces Cash Distribution of $0.365 per Unit
Marketwire - Tue Jul 22, 3:02PM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) (the "Partnership" announced today that its board of directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2014 of $ 0.365 per unit. The cash distribution is payable on or about August 12, 2014 to all unitholders of record as of the close of business on August 5, 2014.
DLNG: 21.35 (+0.21)
3 LNG Shipping MLPs That Could Make You Rich
Adam Galas, The Motley Fool - Motley Fool - Wed Jun 25, 3:06PM CDT
Master limited partnerships (MLPs) are a great way for income investors to participate in America's oil and gas renaissance and earn generous and growing income, as well as, market beating capital gains. Within the world of MLPs there are many...
GLNG: 54.85 (+3.41), DLNG: 21.35 (+0.21), GMLP: 34.95 (+1.15)
Dynagas LNG Partners LP Announces Completion of Acquisition of Arctic Aurora
Marketwire - Mon Jun 23, 3:45PM CDT
Dynagas LNG Partners LP ("Dynagas Partners" (NASDAQ: DLNG) announced today that it has completed its previously announced acquisition of the ownership interests in the entity that owns and operates the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor, for a purchase price of $235.0 million.
DLNG: 21.35 (+0.21)
Income Investors Searching for Distribution Growth? Don’t Fall Into This Trap
Aimee Duffy, The Motley Fool - Motley Fool - Fri Jun 20, 2:10PM CDT
A world awash in data begets a multitude of stock screeners and tools at the disposal of any investor with an Internet connection. Suddenly, our fingertips can command searches for the most pedantic investment criteria, allowing us to build lists of...
ARCX: 23.19 (+0.25), SXCP: 26.10 (-0.13), VLP: 45.25 (+0.62), DLNG: 21.35 (+0.21), MEP: 20.30 (+0.10)
Board Elections, Definitive Agreements, Court Orders and Market Valuation Updates - Analyst Notes on Golar LNG, Safe Bulkers, NewLead, Dynagas and Star Bulk
PR Newswire - Thu Jun 19, 5:10AM CDT
Today, Analysts Review released its analysts' notes regarding Golar LNG Ltd. (NASDAQ: GLNG), Safe Bulkers, Inc. (NYSE: SB), NewLead Holdings Ltd. (NASDAQ: NEWL), Dynagas LNG Partners LP (NASDAQ: DLNG) and Star Bulk Carriers Corp. (NASDAQ: SBLK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3873-100free.
GLNG: 54.61 (-0.24), DLNG: 21.35 (+0.21), SBLK: 10.86 (+0.08), SB: 6.18 (+0.03)
Dynagas LNG Partners LP Announces Underwriters' Exercise of Option to Purchase Additional Common Units and Closing of Public Offering
Marketwire - Wed Jun 18, 4:45PM CDT
Dynagas LNG Partners LP ("Dynagas Partners" (NASDAQ: DLNG) announced today that, in connection with its previously announced underwritten public offering of 4,800,000 common units representing limited partner interests at $22.79 per common unit, the underwriters exercised in full the option granted to them by Dynagas Partners and purchased an additional 720,000 common units on the same terms on which the 4,800,000 common units were sold to the underwriters. The Company also announced that the closing of the public offering and the closing of the option to purchase additional common units took place simultaneously today. As previously announced, Dynagas Partners intends to use the net proceeds from the public offering of 5,520,000 common units to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor (the "Acquisition" . Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter prior to the closing of the Acquisition. The new $340 million senior secured revolving credit facility will also be used to refinance $214.1 million currently outstanding under Dynagas Partners' existing senior secured revolving credit facility. In the event that the Acquisition is not consummated, the net proceeds from this offering will be used for general partnership purposes.
DLNG: 21.35 (+0.21)
4 Stocks Spiking on Big Volume
at The Street - Tue Jun 17, 7:01AM CDT
Often when above-average volume moves into an equity, it precedes a large spike in volatility.
NEWS: 12.89 (+0.01), DLNG: 21.35 (+0.21), MEG: 14.89 (+0.56), FCFS: 56.17 (+0.22)
Dynagas LNG Partners LP Announces Pricing of Its Public Offering of 4,800,000 Common Units
Marketwire - Thu Jun 12, 4:11PM CDT
Dynagas LNG Partners LP ("Dynagas Partners" (NASDAQ: DLNG) announced today that it has priced its previously announced underwritten public offering of 4,800,000 common units representing limited partner interests at $22.79 per common unit. The offering is expected to close on June 18, 2014. Dynagas Partners has also granted the underwriters a 30-day option to purchase up to an additional 720,000 common units. Dynagas Partners intends to use the net proceeds from the public offering to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor (the "Acquisition" . Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter following the completion of this offering. The new $340 million senior secured revolving credit facility will also be used to refinance $214.1 million currently outstanding under Dynagas Partners' existing senior secured revolving credit facility. In the event that the Acquisition is not consummated, the net proceeds from this offering will be used for general partnership purposes.
DLNG: 21.35 (+0.21)
Dynagas LNG Partners LP Announces Public Offering of 4,800,000 Common Units
Marketwire - Wed Jun 11, 3:27PM CDT
Dynagas LNG Partners LP ("Dynagas Partners" (NASDAQ: DLNG) announced today that it plans to offer 4,800,000 common units representing limited partner interests in a public offering. Dynagas Partners will grant the underwriters a 30-day option to purchase up to an additional 720,000 common units. Dynagas Partners intends to use the net proceeds from the public offering to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor (the "Acquisition" . Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter following the completion of this offering. The new $340 million senior secured revolving credit facility will also be used to refinance $214.1 million currently outstanding under Dynagas Partners' existing senior secured revolving credit facility. In the event that the Acquisition is not consummated, the net proceeds from this offering will be used for general partnership purposes.
DLNG: 21.35 (+0.21)
UTi Worldwide (UTIW) Falls: Stock Goes Down 4.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Apr 01, 7:44AM CDT
Shares of UTi Worldwide fell about 5% last session, while the stock is now up nearly 8% in the past one-month time frame. So its time to keep a close watch on this firm in the near future and especially on earnings estimates following the recent slump.
UTIW: 10.77 (-0.01), DLNG: 21.35 (+0.21), CPA: 101.39 (+3.55)
C.H. Robinson's 3PL Services Strong amid Soft Market Trends - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 03, 12:30PM CDT
On Sep 30, 2014, we issued an updated research report on C.H. Robinson Worldwide Inc. (CHRW).
DLNG: 21.14 (+0.39), ECHO: 25.39 (+0.39), CHRW: 69.93 (+0.94), EXPD: 40.84 (+0.98)
Dynagas LNG Partners L.P. Announces Completion of Acquisition of Yenisei River
Marketwire - Fri Sep 26, 8:00AM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) ("Dynagas Partners" or the "Partnership"
, an owner and operator of LNG carriers, today announced that it has completed its previously announced acquisition of 100% of the ownership interests in the entity that owns and operates the Yenisei River, a 2013 built ice class liquefied natural gas carrier, and the related time charter contract with Gazprom Global LNG Limited, for an aggregate purchase price of $257.5 million. DLNG: 21.14 (+0.39)
Dynagas LNG Partners L.P. Announces LNG Carrier Acquisition From Dynagas Holding LTD. for $257.5 Million
Marketwire - Tue Sep 23, 3:02PM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG ) ("Dynagas Partners" or the "Partnership"
, an owner and operator of LNG carriers, today announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the Partnership's sponsor, 100% of the ownership interests in the entity that owns and operates the Yenisei River, a 2013 built ice class liquefied natural gas carrier, and the related time charter contract, for an aggregate purchase price of $257.5 million. The Yenisei River acquisition is subject to the satisfaction of certain customary closing conditions. Closing of the acquisition of the Yenisei River is expected to take place on or before September 30, 2014. DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Announces Date for Its 2014 Annual General Meeting of Limited Partners
Marketwire - Fri Sep 12, 8:00AM CDT
Dynagas LNG Partners LP ("Dynagas Partners" or the "Partnership"
(NASDAQ: DLNG) announced that its Board of Directors (the "Board" has scheduled the Partnership's 2014 Annual General Meeting of Limited Partners (the "Meeting" to be held on October 23, 2014 at 4:00 p.m., local time, at the Partnership's executive offices at 97 Poseidonos Avenue & 2 Foivis Street, Glyfada, Greece. The Board has fixed a record date of September 2, 2014 for the determination of the Limited Partners entitled to receive notice of and to vote at the Meeting or any adjournment thereof. DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Announces Pricing of $250.0 Million of Senior Unsecured Notes Due 2019
Marketwire - Mon Sep 08, 2:05PM CDT
Dynagas LNG Partners LP ("Dynagas Partners" or the "Partnership"
(NASDAQ: DLNG) announced today that it has priced its previously announced $250.0 million public offering of senior unsecured notes due 2019 (the "Notes" . Dynagas Finance Inc., (together with the Partnership, the "Issuers" a wholly-owned subsidiary of the Partnership, is acting as co-issuer of the Notes. The Notes will mature on October 30, 2019. The Notes will bear interest at a rate of 6.25% per year, payable quarterly on each January 30, April 30, July 30 and October 30, commencing on October 30, 2014. The Issuers have granted the underwriters of the offering a 30-day option to purchase up to an additional $15.0 million of the Notes on the same terms and conditions. The offering is expected to close on September 15, 2014. DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Announces Public Offering of Senior Notes Due 2019
Marketwire - Thu Sep 04, 8:49AM CDT
Dynagas LNG Partners LP ("Dynagas Partners" or the "Partnership"
(NASDAQ: DLNG) announced today that it plans to issue senior unsecured notes due 2019 (the "Notes" in a registered public offering. Dynagas Finance Inc., a wholly-owned subsidiary of the Partnership, is acting as co-issuer of the Notes. The Partnership intends to use the net proceeds from the offering to finance the majority of the purchase price of one of three recently built vessels that the Partnership has the option to acquire from Dynagas Holding Ltd., the Partnership's sponsor, together with its respective charter contract. The Partnership expects to fund the balance of the purchase price of the vessel with cash on hand. DLNG: 21.14 (+0.39)
Dynagas LNG Partners LP Reports Results for the Three and Six Months Ended June 30, 2014
Marketwire - Wed Aug 06, 6:32AM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) ("Dynagas Partners" or the "Partnership"
, an owner and operator of LNG carriers, today announced results (unaudited) for the three and six months ended June 30, 2014. DLNG: 21.14 (+0.39)
Dynagas LNG Partners Announces Date for the Release of Second Quarter 2014 Results, Conference Call and Webcast
Marketwire - Thu Jul 31, 3:02PM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) announced today that it will release its financial results for the second quarter and six months ended June 30, 2014, on Wednesday, August 6, 2014, before the market opens in New York.
DLNG: 21.14 (+0.39)
Tomorrow's Ex-Dividends To Watch: CSP, DLNG, TCP
at The Street - Thu Jul 31, 9:05AM CDT
CSP DLNG TCP are going ex-dividend tomorrow, Friday, Aug. 1, 2014, 4:00 AM ET
DLNG: 21.14 (+0.39), CSP: 7.40 (+0.03), TCP: 63.36 (-0.24)
C.H. Robinson (CHRW) Beats Q2 Earnings on Strong Volumes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 30, 1:50PM CDT
C.H. Robinson Worldwide Inc. (CHRW) reported second-quarter 2014 adjusted earnings per share of 80 cents.
DLNG: 21.35 (+0.21), ECHO: 25.39 (+0.39), CHRW: 70.11 (+0.18), EXPD: 40.84 (+0.98)
Dynagas LNG Partners LP Announces Cash Distribution of $0.365 per Unit
Marketwire - Tue Jul 22, 3:02PM CDT
Dynagas LNG Partners LP (NASDAQ: DLNG) (the "Partnership"
announced today that its board of directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2014 of $ 0.365 per unit. The cash distribution is payable on or about August 12, 2014 to all unitholders of record as of the close of business on August 5, 2014. DLNG: 21.35 (+0.21)
3 LNG Shipping MLPs That Could Make You Rich
Adam Galas, The Motley Fool - Motley Fool - Wed Jun 25, 3:06PM CDT
Master limited partnerships (MLPs) are a great way for income investors to participate in America's oil and gas renaissance and earn generous and growing income, as well as, market beating capital gains. Within the world of MLPs there are many...
GLNG: 54.85 (+3.41), DLNG: 21.35 (+0.21), GMLP: 34.95 (+1.15)
Dynagas LNG Partners LP Announces Completion of Acquisition of Arctic Aurora
Marketwire - Mon Jun 23, 3:45PM CDT
Dynagas LNG Partners LP ("Dynagas Partners"
(NASDAQ: DLNG) announced today that it has completed its previously announced acquisition of the ownership interests in the entity that owns and operates the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor, for a purchase price of $235.0 million. DLNG: 21.35 (+0.21)
Income Investors Searching for Distribution Growth? Don’t Fall Into This Trap
Aimee Duffy, The Motley Fool - Motley Fool - Fri Jun 20, 2:10PM CDT
A world awash in data begets a multitude of stock screeners and tools at the disposal of any investor with an Internet connection. Suddenly, our fingertips can command searches for the most pedantic investment criteria, allowing us to build lists of...
ARCX: 23.19 (+0.25), SXCP: 26.10 (-0.13), VLP: 45.25 (+0.62), DLNG: 21.35 (+0.21), MEP: 20.30 (+0.10)
Board Elections, Definitive Agreements, Court Orders and Market Valuation Updates - Analyst Notes on Golar LNG, Safe Bulkers, NewLead, Dynagas and Star Bulk
PR Newswire - Thu Jun 19, 5:10AM CDT
Today, Analysts Review released its analysts' notes regarding Golar LNG Ltd. (NASDAQ: GLNG), Safe Bulkers, Inc. (NYSE: SB), NewLead Holdings Ltd. (NASDAQ: NEWL), Dynagas LNG Partners LP (NASDAQ: DLNG) and Star Bulk Carriers Corp. (NASDAQ: SBLK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3873-100free.
GLNG: 54.61 (-0.24), DLNG: 21.35 (+0.21), SBLK: 10.86 (+0.08), SB: 6.18 (+0.03)
Dynagas LNG Partners LP Announces Underwriters' Exercise of Option to Purchase Additional Common Units and Closing of Public Offering
Marketwire - Wed Jun 18, 4:45PM CDT
Dynagas LNG Partners LP ("Dynagas Partners"
(NASDAQ: DLNG) announced today that, in connection with its previously announced underwritten public offering of 4,800,000 common units representing limited partner interests at $22.79 per common unit, the underwriters exercised in full the option granted to them by Dynagas Partners and purchased an additional 720,000 common units on the same terms on which the 4,800,000 common units were sold to the underwriters. The Company also announced that the closing of the public offering and the closing of the option to purchase additional common units took place simultaneously today. As previously announced, Dynagas Partners intends to use the net proceeds from the public offering of 5,520,000 common units to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor (the "Acquisition" . Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter prior to the closing of the Acquisition. The new $340 million senior secured revolving credit facility will also be used to refinance $214.1 million currently outstanding under Dynagas Partners' existing senior secured revolving credit facility. In the event that the Acquisition is not consummated, the net proceeds from this offering will be used for general partnership purposes. DLNG: 21.35 (+0.21)
4 Stocks Spiking on Big Volume
at The Street - Tue Jun 17, 7:01AM CDT
Often when above-average volume moves into an equity, it precedes a large spike in volatility.
NEWS: 12.89 (+0.01), DLNG: 21.35 (+0.21), MEG: 14.89 (+0.56), FCFS: 56.17 (+0.22)
Dynagas LNG Partners LP Announces Pricing of Its Public Offering of 4,800,000 Common Units
Marketwire - Thu Jun 12, 4:11PM CDT
Dynagas LNG Partners LP ("Dynagas Partners"
(NASDAQ: DLNG) announced today that it has priced its previously announced underwritten public offering of 4,800,000 common units representing limited partner interests at $22.79 per common unit. The offering is expected to close on June 18, 2014. Dynagas Partners has also granted the underwriters a 30-day option to purchase up to an additional 720,000 common units. Dynagas Partners intends to use the net proceeds from the public offering to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor (the "Acquisition" . Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter following the completion of this offering. The new $340 million senior secured revolving credit facility will also be used to refinance $214.1 million currently outstanding under Dynagas Partners' existing senior secured revolving credit facility. In the event that the Acquisition is not consummated, the net proceeds from this offering will be used for general partnership purposes. DLNG: 21.35 (+0.21)
Dynagas LNG Partners LP Announces Public Offering of 4,800,000 Common Units
Marketwire - Wed Jun 11, 3:27PM CDT
Dynagas LNG Partners LP ("Dynagas Partners"
(NASDAQ: DLNG) announced today that it plans to offer 4,800,000 common units representing limited partner interests in a public offering. Dynagas Partners will grant the underwriters a 30-day option to purchase up to an additional 720,000 common units. Dynagas Partners intends to use the net proceeds from the public offering to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners' sponsor (the "Acquisition" . Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter following the completion of this offering. The new $340 million senior secured revolving credit facility will also be used to refinance $214.1 million currently outstanding under Dynagas Partners' existing senior secured revolving credit facility. In the event that the Acquisition is not consummated, the net proceeds from this offering will be used for general partnership purposes. DLNG: 21.35 (+0.21)
UTi Worldwide (UTIW) Falls: Stock Goes Down 4.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Apr 01, 7:44AM CDT
Shares of UTi Worldwide fell about 5% last session, while the stock is now up nearly 8% in the past one-month time frame. So its time to keep a close watch on this firm in the near future and especially on earnings estimates following the recent slump.
UTIW: 10.77 (-0.01), DLNG: 21.35 (+0.21), CPA: 101.39 (+3.55)
