Reports Q4 revenue $35.064M vs $35.678M last year. The company said, "We are pleased to report the results for the three months and full year ended December 31, 2022. For the fourth quarter of 2022, we reported Net Income of $11.6 million, earnings per common unit of $0.24, Adjusted Net Income of $7.0 million and Adjusted EBITDA of $23.6 million. While future results may vary, we are pleased to report 100% utilization for our fleet for the eleventh quarter in a row which is a testament to the fleet’s performance. All six LNG carriers in our fleet are operating under their respective long-term charters with international gas companies with an average remaining contract term of 6.4 years. As of March 17, 2023, our estimated contracted revenue backlog1 was $1.0 billion2. The earliest contracted re-delivery date for any of our six LNG carriers is in the first quarter of 2026, subject to the terms of the applicable charter. We were very pleased with the new 3-year charter of the Arctic Aurora to Equinor, which has chartered the vessel since her delivery from the shipyard in 2013."
Published first on TheFly
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