Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs). The Company's segments include Vessel operations, LNG trading and FLNG. Under the Vessel operations segment, the Company operates and charters out LNG carriers and FSRUs on fixed terms to customers. Through the LNG trading segment, the Company provides physical and financial risk management in LNG and gas markets for customers around the world. The FLNG segment includes the costs associated with the conversion of its LNG carrier, the Hilli, to a FLNG. The Company, along with its affiliate, Golar LNG Partners LP, has a combined fleet of approximately 30 vessels.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Shipping
- Sub-Industry: Oil & Gas Storage & Transportation
- Symbol: NASDAQ:GLNG
- CUSIP: G9456A10
- Web: www.golarlng.com
- Market Cap: $2.62 billion
- Outstanding Shares: 98,080,000
- 50 Day Moving Avg: $26.80
- 200 Day Moving Avg: $25.93
- 52 Week Range: $14.32 - $29.18
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 35.20
- P/E Growth: 0.05
- Annual Revenue: $80.26 million
- Price / Sales: 32.69
- Book Value: $19.00 per share
- Price / Book: 1.41
- Annual Dividend: $0.20
- Dividend Yield: 0.7%
- EBIDTA: ($66,410,000.00)
- Net Margins: -301.27%
- Return on Equity: -7.61%
- Return on Assets: -3.20%
- Debt-to-Equity Ratio: 0.62%
- Current Ratio: 0.48%
- Quick Ratio: 0.48%
- Average Volume: 1.04 million shs.
- Beta: 0.84
- Short Ratio: 10.37
Frequently Asked Questions for Golar LNG Limited (NASDAQ:GLNG)
What is Golar LNG Limited's stock symbol?
Golar LNG Limited trades on the NASDAQ under the ticker symbol "GLNG."
How often does Golar LNG Limited pay dividends? What is the dividend yield for Golar LNG Limited?
Golar LNG Limited declared a quarterly dividend on Tuesday, February 28th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.05 per share on Monday, April 3rd. This represents a $0.20 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Monday, March 13th. View Golar LNG Limited's Dividend History.
How were Golar LNG Limited's earnings last quarter?
Golar LNG Limited (NASDAQ:GLNG) issued its quarterly earnings data on Tuesday, February, 28th. The company reported ($0.33) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.37) by $0.04. The firm earned $23.06 million during the quarter, compared to analysts' expectations of $19.39 million. Golar LNG Limited had a negative net margin of 301.27% and a negative return on equity of 7.61%. View Golar LNG Limited's Earnings History.
When will Golar LNG Limited make its next earnings announcement?
Where is Golar LNG Limited's stock going? Where will Golar LNG Limited's stock price be in 2017?
12 brokers have issued 12-month price targets for Golar LNG Limited's shares. Their predictions range from $10.00 to $45.00. On average, they expect Golar LNG Limited's share price to reach $26.57 in the next year. View Analyst Ratings for Golar LNG Limited.
Are investors shorting Golar LNG Limited?
Golar LNG Limited saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 14,117,733 shares, a drop of 5.5% from the March 31st total of 14,937,395 shares. Based on an average daily trading volume, of 754,728 shares, the days-to-cover ratio is presently 18.7 days. Approximately 14.8% of the shares of the company are sold short.
Who are some of Golar LNG Limited's key competitors?
Some companies that are related to Golar LNG Limited include Kirby (KEX), Golar LNG Partners LP (GMLP), Teekay LNG Partners L.P. (TGP), Matson (MATX), Ship Finance International Limited (SFL), Euronav NV (EURN), GasLog Ltd (GLOG), Frontline (FRO), GasLog Partners LP (GLOP), Golden Ocean Group Ltd (GOGL), KNOT Offshore Partners LP (KNOP), Nordic American Tanker Ltd (NAT), Scorpio Tankers (STNG), Costamare (CMRE), Hoegh LNG Partners LP (HMLP), Seaspan (SSW), Teekay (TK) and Dynagas LNG Partners LP (DLNG).
Who owns Golar LNG Limited stock?
Golar LNG Limited's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (10.30%), Barrow Hanley Mewhinney & Strauss LLC (7.35%), Morgan Stanley (3.20%), State Street Corp (1.67%), Luxor Capital Group LP (0.93%) and HITE Hedge Asset Management LLC (0.89%). View Institutional Ownership Trends for Golar LNG Limited.
Who sold Golar LNG Limited stock? Who is selling Golar LNG Limited stock?
Golar LNG Limited's stock was sold by a variety of institutional investors in the last quarter, including Luxor Capital Group LP, Levin Capital Strategies L.P., Point72 Asset Management L.P., Morgan Stanley, Icon Advisers Inc. Co., HITE Hedge Asset Management LLC, Credit Suisse AG and Wells Fargo & Company MN. View Insider Buying and Selling for Golar LNG Limited.
Who bought Golar LNG Limited stock? Who is buying Golar LNG Limited stock?
Golar LNG Limited's stock was purchased by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Precocity Capital LP, Kennedy Capital Management Inc., Bank of America Corp DE, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Bronson Point Management LLC and Impala Asset Management LLC. View Insider Buying and Selling for Golar LNG Limited.
How do I buy Golar LNG Limited stock?
Shares of Golar LNG Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Golar LNG Limited stock cost?
One share of Golar LNG Limited stock can currently be purchased for approximately $26.75.
Earnings History for Golar LNG Limited (NASDAQ:GLNG)Earnings History by Quarter for Golar LNG Limited (NASDAQ:GLNG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/29/2017|| || || || || || || || |
|2/28/2017||12/31/2016||($0.37)||($0.33)||$19.39 million||$23.06 million||View||Listen|
|8/27/2015||Q215||($0.32)||($0.31)||$20.63 million||$20.14 million||View||Listen|
|5/27/2015||Q115||($0.07)||($0.14)||$35.51 million||$36.53 million||View||Listen|
|8/26/2014||Q2||($0.09)||($0.11)||$21.04 million||$21.08 million||View||Listen|
Earnings Estimates for Golar LNG Limited (NASDAQ:GLNG)
2017 EPS Consensus Estimate: ($0.99)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Golar LNG Limited (NASDAQ:GLNG)
|Most Recent Dividend:||4/3/2017|
|Payout Ratio:||-20.83% (Based on This Year's Estimates)|
26.32% (Based on Next Year's Estimates)
Dividend History by Quarter for Golar LNG Limited (NASDAQ:GLNG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Golar LNG Limited (NASDAQ:GLNG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Golar LNG Limited (NASDAQ:GLNG)
Latest Headlines for Golar LNG Limited (NASDAQ:GLNG)
Golar LNG Limited (GLNG) Chart for Thursday, May, 25, 2017