How to Buy Dynagas Lng Partners Stock
Dynagas Lng Partners LP
Dynagas Lng Partners is a oil & gas midstream company located in Monaco, which is part of the Energy sector, and is traded under the ticker DLNG on the NYSE exchange.
Dynagas Lng Partners stock last closed at $2.45, down 2% from the previous day, and has decreased 41.25% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.41 percentage points. Dynagas Lng Partners stock is currently +17.79% from its 52-week low of $2.08, and -45.43% from its 52-week high of $4.49.
As of May 26, 2023, there are 36.8M DLNG shares outstanding. The market value of DLNG is $90.17M. In the last 24 hours, 19,734 DLNG shares were traded.
How to Buy Dynagas Lng Partners Stock
Wondering how to invest in Dynagas Lng Partners stock? Here's how.
- Figure out where to buy Dynagas Lng Partners stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Dynagas Lng Partners stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your information.
- Analyze Dynagas Lng Partners stock: The Dynagas Lng Partners ticker symbol is DLNG. Is Dynagas Lng Partners stock a good investment? Should you buy shares of DLNG? How do DLNG's underlying business fundamentals look? Do top analysts think Dynagas Lng Partners is a good buy? Why has DLNG's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if DLNG is a good stock to buy).
- Place your DLNG purchase: Decide if you will purchase DLNG shares at the current market price or use a limit order to purchase DLNG stock at a given price.
- Keep tabs on your DLNG position: Create a watchlist to watch your position in Dynagas Lng Partners stock.
Step 1: Figure out where to buy Dynagas Lng Partners stock
You will need an online brokerage account to access the NYSE market and buy DLNG stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Energy, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you can buy DLNG today.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal details to open a new brokerage account.
- Send your info by clicking the "Create Account" button.
Step 3: Fund your investment account
Now that you've finished signing up on a good online stock trading app, you need to deposit funds:
Watch the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Dynagas Lng Partners stock
After you have chosen the best place to buy Dynagas Lng Partners stock, it's critical to analyze their stock prior to investing, so you actually understand the risk and opportunity.
Dynagas Lng Partners shares data
Dynagas Lng Partners Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on DLNG's stock page.
What is the fair value of DLNG stock?
Analysts use many financial metrics, analyses, models, and charts to gauge DLNG's fair value.
Using relative valuations metrics:
- DLNG may be undervalued based on its P/E ratio of 2.13x, relative to Oil & Gas Midstream industry P/E ratio of 12.47x
- DLNG could be undervalued based on its P/B ratio of 0.21x, relative to Oil & Gas Midstream industry P/B ratio of 2.06x
You can do more valuation research on DLNG's stock here.
DLNG Financial Health
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the DLNG balance sheet.
- DLNG profit margin has gone up from 38.6% to 41% in the past year.
- Total DLNG debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- DLNG's operating cash flow of $57.32M allows it to safely service it's debt of $497.03M.
- DLNG earnings of $81.92M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the DLNG balance sheet.
- DLNG has a relatively high debt to equity ratio of 1.24.
You can dive deeper into what analysts are projecting on the Dynagas Lng Partners stock forecast page.
DLNG Momentum
DLNG Performance Metrics
Last year, DLNG earnings were $53.97M. During the last 5 year, DLNG's earnings have gone up by 33.62% per year. This was faster than the Oil & Gas Midstream industry average of 26.55%.
Last year, DLNG revenue was $131.66M. In the past five year, DLNG's revenue has increased by -1.08% per year. This was slower than the Oil & Gas Midstream industry average of 14.3%.
You can research DLNG's earnings and revenue performance here.
Latest Insiders Trades at DLNG
Over the last 12 months, executives and large shareholders at DLNG have not bought or sold any shares.
Learn more about who owns DLNG shares here.
Does DLNG provide a stable income stream?
No, Dynagas Lng Partners doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your DLNG purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your DLNG position
Now that you own some DLNG stock, you'll want to stay up-to-date on your new stock purchase.
Add DLNG to a watchlist to keep track of your DLNG stock.
DLNG Feed
How to Buy Stock in Dynagas Lng Partners
To reiterate, here are the 6 steps you need to take to buy Dynagas Lng Partners stock right now:
- Figure out where to buy Dynagas Lng Partners stock
- Create a brokerage account
- Fund your investment account
- Analyze Dynagas Lng Partners stock
- Place your DLNG purchase
- Keep tabs on your DLNG position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Dynagas Lng Partners, add DLNG to your watchlist below.
Other Articles You Might Find Useful
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.