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NASDAQ:GLNGGolar LNG Stock Price, Forecast & News

$6.52
-0.23 (-3.41 %)
(As of 07/9/2020 04:00 PM ET)
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Today's Range
$6.50
Now: $6.52
$6.91
50-Day Range
$6.45
MA: $7.64
$9.43
52-Week Range
$4.54
Now: $6.52
$18.75
Volume782,261 shs
Average Volume1.66 million shs
Market Capitalization$660.49 million
P/E RatioN/A
Dividend YieldN/A
Beta0.62
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction of LNG. It operates through three segments: Vessel operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of December 31, 2018, Golar LNG Limited, together with Golar LNG Partners LP and Golar Power Limited, owned and operated a fleet of 18 LNG carriers, 8 FSRUs, and 1 FLNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.62 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
Current SymbolNASDAQ:GLNG
CUSIPG9456A10
Phone441-295-4705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$448.75 million
Book Value$17.28 per share

Profitability

Net Income$-211,960,000.00

Miscellaneous

Employees1,647
Market Cap$660.49 million
Next Earnings Date9/3/2020 (Estimated)
OptionableOptionable

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Golar LNG (NASDAQ:GLNG) Frequently Asked Questions

How has Golar LNG's stock been impacted by COVID-19 (Coronavirus)?

Golar LNG's stock was trading at $8.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GLNG stock has decreased by 26.2% and is now trading at $6.52. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Golar LNG?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Golar LNG.

When is Golar LNG's next earnings date?

Golar LNG is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Golar LNG.

How were Golar LNG's earnings last quarter?

Golar LNG Limited (NASDAQ:GLNG) issued its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.25) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.23. The shipping company had revenue of $117.73 million for the quarter, compared to the consensus estimate of $108.58 million. Golar LNG had a negative net margin of 60.05% and a negative return on equity of 3.77%. View Golar LNG's earnings history.

What price target have analysts set for GLNG?

9 brokers have issued 12-month price targets for Golar LNG's stock. Their forecasts range from $11.00 to $27.00. On average, they anticipate Golar LNG's stock price to reach $17.39 in the next year. This suggests a possible upside of 166.7% from the stock's current price. View analysts' price targets for Golar LNG.

Has Golar LNG been receiving favorable news coverage?

News stories about GLNG stock have trended negative on Friday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Golar LNG earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Golar LNG.

Are investors shorting Golar LNG?

Golar LNG saw a drop in short interest in June. As of June 30th, there was short interest totaling 6,950,000 shares, a drop of 28.4% from the June 15th total of 9,710,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the short-interest ratio is presently 4.5 days. Approximately 8.4% of the shares of the company are short sold. View Golar LNG's Current Options Chain.

Who are some of Golar LNG's key competitors?

What other stocks do shareholders of Golar LNG own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Golar LNG investors own include Golar LNG Partners (GMLP), Melco Resorts & Entertainment (MLCO), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Who are Golar LNG's key executives?

Golar LNG's management team includes the following people:
  • Mr. Iain Ross, Chief Exec. Officer of Golar Management Ltd (Age 57)
  • Mr. Graham Robjohns, Deputy CEO & CFO of Golar Management Ltd. (Age 54)
  • Mr. Øistein Dahl, Chief Operating Officer of Golar Management Ltd. (Age 58)
  • Mr. Morten Daviknes, Chief Technical Officer of Golar Management Ltd. (Age 53)
  • Mr. Michael Ashford, Company Sec. & Director (Age 72)

What is Golar LNG's stock symbol?

Golar LNG trades on the NASDAQ under the ticker symbol "GLNG."

How do I buy shares of Golar LNG?

Shares of GLNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Golar LNG's stock price today?

One share of GLNG stock can currently be purchased for approximately $6.52.

How big of a company is Golar LNG?

Golar LNG has a market capitalization of $660.49 million and generates $448.75 million in revenue each year. Golar LNG employs 1,647 workers across the globe.

What is Golar LNG's official website?

The official website for Golar LNG is www.golarlng.com.

How can I contact Golar LNG?

Golar LNG's mailing address is 2ND FLOOR S.E. PEARMAN BUILDING 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11. The shipping company can be reached via phone at 441-295-4705 or via email at [email protected]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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