George Procopiou’s Dynagas LNG Partners has recorded a stronger than anticipated second quarter profit with analysts confident the MLP can keep its distribution in place following cuts earlier this year.
Dynagas Partners today reported a profit of $400,000 for the three months to the end of June, which increases to $4.5m following calculations for one-off items.
Analysts at Maxim Group say earnings per unit of $0.05