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: LNG Transportation & Storage
- Sub-Industry: Oil & Gas Storage & Transportation
- Symbol: NASDAQ:GLNG
- CUSIP: G9456A10
- Web: www.golarlng.com
- Market Cap: $2.12 billion
- Outstanding Shares: 98,000,000
- 50 Day Moving Avg: $21.24
- 200 Day Moving Avg: $24.18
- 52 Week Range: $19.85 - $29.18
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 50.23
- P/E Growth: 0.02
- Annual Revenue: $98.85 million
- Price / Sales: 21.41
- Book Value: $17.96 per share
- Price / Book: 1.20
- Annual Dividend: $0.20
- Dividend Yield: 0.9%
- EBIDTA: ($49,980,000.00)
- Net Margins: -179.35%
- Return on Equity: -7.78%
- Return on Assets: -3.28%
- Debt-to-Equity Ratio: 0.83%
- Current Ratio: 0.51%
- Quick Ratio: 0.51%
- Average Volume: 981,105 shs.
- Beta: 0.89
- Short Ratio: 18.43
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 Wednesday, August 30th. Shareholders of record on Thursday, September 14th will be paid a dividend of $0.05 per share on Wednesday, October 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Wednesday, September 13th. View Golar LNG Limited's Dividend History.
How were Golar LNG Limited's earnings last quarter?
Golar LNG Limited (NASDAQ:GLNG) announced its earnings results on Wednesday, August, 30th. The company reported ($0.51) EPS for the quarter, missing the Zacks' consensus estimate of ($0.40) by $0.11. The business had revenue of $28.41 million for the quarter, compared to analysts' expectations of $17.03 million. Golar LNG Limited had a negative net margin of 179.35% and a negative return on equity of 7.78%. 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?
10 equities research analysts have issued 12-month price targets for Golar LNG Limited's stock. Their forecasts range from $26.00 to $45.00. On average, they anticipate Golar LNG Limited's share price to reach $34.67 in the next year. View Analyst Ratings for Golar LNG Limited.
Who are some of Golar LNG Limited's key competitors?
Some companies that are related to Golar LNG Limited include Bba Aviation (BBAVY), Landstar System (LSTR), Kirby Corporation (KEX), Swift Transportation Company (KNX), Werner Enterprises (WERN), GATX Corporation (GATX), Spirit Airlines (SAVE), SkyWest (SKYW), Allegiant Travel Company (ALGT), Hawaiian Holdings (HA), Hertz Global Holdings (HTZ), Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB), PostNL NV (PNLYY), Aircastle Limited (AYR), Atlas Air Worldwide Holdings (AAWW), Forward Air Corporation (FWRD), Saia (SAIA) and Air Transport Services Group (ATSG).
Who are Golar LNG Limited's key executives?
Golar LNG Limited's management team includes the folowing people:
- Daniel W. Rabun, Independent Chairman of the Board
- Oistein Dahl, Chief Operating Officer – Golar Management Norway
- Oscar Spieler, Chief Executive Officer – Golar Management
- Hugo Skar, Chief Technical Officer – Golar Management
- Brian Tienzo, Chief Financial Officer - Golar Management
- Niels G. Stolt-Nielsen, Director
- Tor Olav Troim, Director
- Andrew Whalley, Director
- Fredrik Halvorsen, Independent Director
- Lori Wheeler Naess, Independent Director
Who owns Golar LNG Limited stock?
Golar LNG Limited's stock is owned by a number of of retail and institutional investors. Top institutional investors include Capital Research Global Investors (12.04%), FMR LLC (10.31%), Orbis Allan Gray Ltd (3.74%), Capital Guardian Trust Co. (2.00%), Prudential PLC (1.86%) and State Street Corp (1.77%). 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 Orbis Allan Gray Ltd, Capital Guardian Trust Co., Capital Research Global Investors, Point72 Europe London LLP, New York State Common Retirement Fund, Wells Fargo & Company MN, Gilder Gagnon Howe & Co. LLC and TIAA CREF Investment Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including HITE Hedge Asset Management LLC, Balyasny Asset Management LLC, Boston Private Wealth LLC, Nomura Holdings Inc., Capital Fund Management S.A., Blackstart Capital LP, State Street Corp and Bluefin Trading 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.
What is Golar LNG Limited's stock price today?
MarketBeat Community Rating for Golar LNG Limited (NASDAQ GLNG)MarketBeat's community ratings are surveys of what our community members think about Golar LNG Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Golar LNG Limited stock can currently be purchased for approximately $21.60.
Consensus Ratings for Golar LNG Limited (NASDAQ:GLNG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 8 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.80)|
|Consensus Price Target: ||$34.67 (60.49% upside)|
Analysts' Ratings History for Golar LNG Limited (NASDAQ:GLNG)
(Data available from 9/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/1/2017||Morgan Stanley||Reiterated Rating||Overweight||$32.00 -> $31.00||Low|
|8/31/2017||Cowen and Company||Reiterated Rating||Outperform||$45.00||Medium|
|8/21/2017||Stifel Nicolaus||Reiterated Rating||Buy||$36.00||High|
|8/17/2017||Citigroup Inc.||Lower Price Target||Buy||$28.00 -> $26.00||Low|
|3/18/2017||Credit Suisse Group||Set Price Target||Buy||$35.00||Medium|
|1/27/2017||Nordea Equity Research||Downgrade||Buy -> Hold||N/A|
|12/1/2016||Bank of America Corporation||Reiterated Rating||Buy||N/A|
|11/23/2016||Seaport Global Securities||Reiterated Rating||Buy||$35.00||N/A|
|10/5/2016||Wells Fargo & Co||Reiterated Rating||Buy||N/A|
|10/3/2016||ABN Amro||Upgrade||Sell -> Hold||N/A|
|9/12/2016||Jefferies Group LLC||Reiterated Rating||Buy||N/A|
|7/1/2016||DNB Markets||Upgrade||Hold -> Buy||N/A|
|6/30/2016||Sanford C. Bernstein||Downgrade||Buy -> Sell||$38.00 -> $10.00||N/A|
|6/17/2016||Clarkson Capital||Reiterated Rating||Buy||N/A|
|1/25/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||N/A|
|1/24/2016||Evercore ISI||Reiterated Rating||Buy||N/A|
|11/2/2015||BTIG Research||Reiterated Rating||Buy||$58.00||N/A|
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|
|8/30/2017||6/30/2017||($0.40)||($0.51)||$17.03 million||$28.41 million||View||N/A|
|5/31/2017||3/31/2017||($0.38)||($0.41)||$17.62 million||$25.11 million||View||N/A|
|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: ($1.23)
2018 EPS Consensus Estimate: $0.66
(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)
|Payout Ratio:||-10.53% (Based on This Year's Estimates)|
46.51% (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)
|Pro-Trader Daily: Earnings Review and Free Research Report: Golar LNG' Revenues Improved Sequentially; Beat Estimates|
www.finanznachrichten.de - September 22 at 2:30 PM
|Earnings Review and Free Research Report: Golar LNG’ Revenues Improved Sequentially; Beat Estimates|
finance.yahoo.com - September 22 at 2:29 PM
|Comparing Golar LNG Limited (GLNG) and Cheniere Energy Partners LP Holdings (CQH)|
www.americanbankingnews.com - September 22 at 12:18 PM
|Golar LNG names WorleyParsons exec Ross as new CEO|
seekingalpha.com - September 21 at 8:54 AM
|Organisational Changes at Golar|
feeds.benzinga.com - September 21 at 4:28 AM
|Comparing Golar LNG Partners (GMLP) & Golar LNG Limited (GLNG)|
www.americanbankingnews.com - September 16 at 12:24 PM
|ETFs with exposure to Golar LNG Ltd. : September 13, 2017|
finance.yahoo.com - September 14 at 2:26 AM
|$25.92 Million in Sales Expected for Golar LNG Limited (GLNG) This Quarter|
www.americanbankingnews.com - September 13 at 9:24 AM
|Golar LNG: Golar LNG Limited Dividend Information Correction|
www.finanznachrichten.de - September 12 at 5:36 AM
|Golar LNG Limited Dividend Information Correction - GlobeNewswire (press release)|
globenewswire.com - September 11 at 7:33 PM
|Golar LNG Ltd. :GLNG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017|
finance.yahoo.com - September 11 at 7:33 PM
|Golar LNG Limited Dividend Information Correction|
feeds.benzinga.com - September 11 at 9:23 AM
|Golar LNG Limited (GLNG) vs. Cheniere Energy (LNG) Critical Contrast|
www.americanbankingnews.com - September 5 at 8:36 AM
|Comparing Golar LNG Partners (GMLP) and Golar LNG Limited (GLNG)|
www.americanbankingnews.com - September 5 at 12:30 AM
|Q3 2018 EPS Estimates for Golar LNG Limited Lifted by Seaport Global Securities (GLNG)|
www.americanbankingnews.com - September 4 at 4:58 AM
|Golar LNG Limited (GLNG) Downgraded by ValuEngine to "Sell"|
www.americanbankingnews.com - September 3 at 10:56 AM
|Golar LNG Limited (GLNG) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - September 2 at 9:08 PM
|Golar LNG Limited (GLNG) Rating Reiterated by Morgan Stanley|
www.americanbankingnews.com - September 1 at 7:02 PM
|Crude Oil Prices and Bunker Fuel Prices in Week 34|
finance.yahoo.com - August 31 at 6:58 PM
|Cowen and Company Reiterates "Outperform" Rating for Golar LNG Limited (GLNG)|
www.americanbankingnews.com - August 31 at 6:20 PM
|Golar LNG Limited Plans Quarterly Dividend of $0.05 (GLNG)|
www.americanbankingnews.com - August 31 at 8:02 AM
|Golar LNG Limited 2017 Q2 - Results - Earnings Call Slides|
seekingalpha.com - August 31 at 2:32 AM
|Interim results for the period ended 30 June 2017|
finance.yahoo.com - August 31 at 2:32 AM
|Edited Transcript of GLNG earnings conference call or presentation 30-Aug-17 2:00pm GMT|
finance.yahoo.com - August 31 at 2:31 AM
|Golar LNG reports 2Q loss|
finance.yahoo.com - August 30 at 9:15 PM
|Golar LNG's (GLNG) CEO Oscar Spieler on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - August 30 at 4:13 PM
|Earnings Reaction History: Golar LNG Ltd., 66.7% Follow-Through Indicator, 5.8% Sensitive - Nasdaq|
www.nasdaq.com - August 30 at 4:13 PM
|Golar LNG Limited (GLNG) Releases Quarterly Earnings Results, Misses Expectations By $0.34 EPS|
www.americanbankingnews.com - August 30 at 10:26 AM
|$17.04 Million in Sales Expected for Golar LNG Limited (GLNG) This Quarter|
www.americanbankingnews.com - August 25 at 1:26 AM
|Golar LNG Limited - Q2 2017 results presentation - GlobeNewswire (press release)|
globenewswire.com - August 24 at 6:36 AM
|Where Crude Oil Prices and Bunker Fuel Prices Headed in Week 33|
finance.yahoo.com - August 24 at 6:36 AM
|Golar LNG Limited (GLNG) Set to Announce Quarterly Earnings on Thursday|
www.americanbankingnews.com - August 24 at 1:14 AM
|Golar LNG Limited - Q2 2017 results presentation|
feeds.benzinga.com - August 23 at 7:40 AM
|Golar LNG (GLNG): Making Significant Progress On FLNG - Stifel - StreetInsider.com|
www.streetinsider.com - August 23 at 12:41 AM
|Golar LNG Limited: Fortuna FLNG Offtake Awarded to Gunvor - GlobeNewswire (press release)|
globenewswire.com - August 21 at 6:27 PM
|Golar LNG Limited: Fortuna FLNG Offtake Awarded to Gunvor|
finance.yahoo.com - August 21 at 6:27 PM
|Golar LNG Limited 2017 Annual General Meeting|
feeds.benzinga.com - August 18 at 9:46 AM
|Golar LNG Partners L.P. 2017 Annual General Meeting|
feeds.benzinga.com - August 18 at 9:46 AM
|Golar LNG Partners - Floating LNG Becomes A Reality|
seekingalpha.com - August 18 at 2:27 AM
|Golar LNG Limited (GLNG) Price Target Lowered to $26.00 at Citigroup Inc.|
www.americanbankingnews.com - August 17 at 5:32 PM
|Golar LNG: Golar LNG Limited - Sale of an Interest in the FLNG, Hilli Episeyo|
www.finanznachrichten.de - August 16 at 7:10 PM
|Golar LNG Limited - Sale of an Interest in the FLNG, Hilli Episeyo|
feeds.benzinga.com - August 16 at 10:31 AM
|3 Oil & Gas Stocks for Ambitious Investors|
finance.yahoo.com - August 14 at 3:53 AM
|Shares of GLNG Now Oversold - Nasdaq|
www.nasdaq.com - August 12 at 6:15 PM
|Contrasting Hess Midstream Partners (HESM) & Golar LNG Limited (GLNG)|
www.americanbankingnews.com - August 12 at 4:10 AM
|Golar LNG Limited (NASDAQ:GLNG) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - August 8 at 8:40 PM
|$19.25 Million in Sales Expected for Golar LNG Limited (NASDAQ:GLNG) This Quarter|
www.americanbankingnews.com - August 7 at 8:56 AM
|Golar LNG Limited (NASDAQ:GLNG) Expected to Announce Earnings of -$0.40 Per Share|
www.americanbankingnews.com - August 5 at 2:22 PM
|Golar LNG Ltd. breached its 50 day moving average in a Bearish Manner : GLNG-US : August 4, 2017|
finance.yahoo.com - August 4 at 7:20 PM
|Golar LNG Ltd. – Value Analysis (NASDAQ:GLNG) : August 4, 2017|
finance.yahoo.com - August 4 at 2:16 AM
Golar LNG Limited (GLNG) Chart for Sunday, September, 24, 2017