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NASDAQ:GLNGGolar LNG Stock Price, Forecast & News

$8.91
+0.03 (+0.34 %)
(As of 08/10/2020 04:00 PM ET)
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Today's Range
$8.61
Now: $8.91
$9.17
50-Day Range
$6.52
MA: $7.45
$8.88
52-Week Range
$4.54
Now: $8.91
$15.86
Volume958,320 shs
Average Volume890,216 shs
Market Capitalization$902.58 million
P/E RatioN/A
Dividend YieldN/A
Beta0.64
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$902.58 million
Next Earnings Date9/3/2020 (Estimated)
OptionableOptionable
$8.91
+0.03 (+0.34 %)
(As of 08/10/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GLNG stock has increased by 0.8% and is now trading at $8.91.
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) posted its earnings results on Thursday, May, 28th. The shipping company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.23. The shipping company earned $117.73 million during 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 twelve-month target prices for Golar LNG's stock. Their forecasts range from $11.00 to $27.00. On average, they expect Golar LNG's stock price to reach $17.39 in the next twelve months. This suggests a possible upside of 95.2% from the stock's current price.
View analysts' price targets for Golar LNG
.

Has Golar LNG been receiving favorable news coverage?

Media coverage about GLNG stock has trended positive on Tuesday, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Golar LNG earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.
View the latest news about Golar LNG
.

Are investors shorting Golar LNG?

Golar LNG saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 8,550,000 shares, a decrease of 16.2% from the December 31st total of 10,200,000 shares. Based on an average daily volume of 1,260,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 9.3% of the company's stock are short sold.
View Golar LNG's Short Interest
.

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 Melco Resorts & Entertainment (MLCO), Golar LNG Partners (GMLP), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Teekay (TK), GasLog (GLOG), Synacor (SYNC), AT&T (T), Gilead Sciences (GILD) and Kinder Morgan (KMI).

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."

Who are Golar LNG's major shareholders?

Golar LNG's stock is owned by many different retail and institutional investors. Top institutional investors include Duff & Phelps Investment Management Co. (1.16%), Boston Family Office LLC (0.38%), Hosking Partners LLP (0.26%), Frontier Capital Management Co. LLC (0.23%), Fernwood Investment Management LLC (0.12%) and Marketfield Asset Management LLC (0.08%).

Which major investors are selling Golar LNG stock?

GLNG stock was sold by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., ICM Asset Management Inc. WA, Trexquant Investment LP, Frontier Capital Management Co. LLC, Hosking Partners LLP, New York State Common Retirement Fund, Creative Planning, and Marketfield Asset Management LLC.

Which major investors are buying Golar LNG stock?

GLNG stock was bought by a variety of institutional investors in the last quarter, including Boston Family Office LLC, Fernwood Investment Management LLC, ProShare Advisors LLC, Valeo Financial Advisors LLC, Principal Financial Group Inc., SG Americas Securities LLC, US Bancorp DE, and Cambridge Investment Research Advisors Inc..

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 $8.91.

How big of a company is Golar LNG?

Golar LNG has a market capitalization of $902.60 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 8/11/2020 by MarketBeat.com Staff

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