Dynagas LNG Partners LP DLNG

Competitive advantage analysis · energy

Corporate Default
Overall moat score
72/100
Moderate

About Dynagas LNG Partners LP

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. It owns and operates liquefied natural gas (LNG) carriers. The company's fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was … Full DLNG analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 53.6% (top 19%) and operating margin at 48.1% (top 19%) indicate strong pricing power.
  • Cost Leadership Position Operating margin at 81.0th percentile with strong OpEx control demonstrates cost leadership.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.14), raising questions about short-term obligations.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
69

Where DLNG ranks in Oil & Gas Midstream

Dynagas LNG Partners LP ranks #6 of 56 scored companies in Oil & Gas Midstream by moat score — the top 11%. The widest moat in the group is Hess Midstream LP (HESM) at 84/100.

Moat scores for companies ranked near DLNG in Oil & Gas Midstream
# Company Moat score Rating
2 MPLX LP MPLX 77/100 Strong
3 Sabine Royalty Trust SBR 77/100 Strong
4 Antero Midstream Corporation AM 77/100 Strong
5 DT Midstream, Inc. DTM 72/100 Moderate
6 Dynagas LNG Partners LP DLNG 72/100 Moderate
7 Permian Basin Royalty Trust PBT 71/100 Moderate
8 Western Midstream Partners, LP WES 69/100 Moderate
9 3273 MARPS 67/100 Moderate
10 DHT Holdings, Inc. DHT 66/100 Moderate

See every Commodities & Mining company ranked by moat score →

How DLNG scores on the Corporate Default defenses

Pricing Power

Score 69 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 87 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 85 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 58 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 58 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 71 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding DLNG's moat

What is Dynagas LNG Partners LP's moat score?

Dynagas LNG Partners LP (DLNG) scores 72 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #6 of 56 scored companies in Oil & Gas Midstream, the top 11%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 67 companies in Oil & Gas Midstream. Its strongest defense is Cost Advantage (87/100) and its weakest is Resilience (58/100).

How does Dynagas LNG Partners LP compare with other Oil & Gas Midstream companies?

Dynagas LNG Partners LP ranks #6 of 56 scored companies in Oil & Gas Midstream by moat score. The widest moat in Oil & Gas Midstream is Hess Midstream LP (HESM) at 84/100. The companies ranked closest are DT Midstream, Inc. (DTM) at 72 just above it and Permian Basin Royalty Trust (PBT) at 71 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 67 companies in Oil & Gas Midstream. The defenses are then weighted to produce the overall score out of 100.

Why is Dynagas LNG Partners LP scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Dynagas LNG Partners LP?

The Corporate Default template measures 6 defenses, and DLNG scores: Pricing Power (69), Cost Advantage (87), Customer Stickiness (85), Capital Efficiency (58), Resilience (58), Scale & Market Position (71). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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