Golar LNG Limited Company Profile (NASDAQ:GLNG)

About Golar LNG Limited (NASDAQ:GLNG)

Golar LNG Limited logoGolar 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
Capitalization:
  • Market Cap: $2.09 billion
  • Outstanding Shares: 98,000,000
Average Prices:
  • 50 Day Moving Avg: $21.77
  • 200 Day Moving Avg: $23.35
  • 52 Week Range: $19.94 - $29.18
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 54.56
  • P/E Growth: 0.02
Sales & Book Value:
  • Annual Revenue: $98.85 million
  • Price / Sales: 21.10
  • Book Value: $17.96 per share
  • Price / Book: 1.18
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 0.9%
Profitability:
  • EBITDA: ($49,980,000.00)
  • Net Margins: -179.35%
  • Return on Equity: -7.78%
  • Return on Assets: -3.28%
Debt:
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.51%
Misc:
  • Average Volume: 939,455 shs.
  • Beta: 0.9
  • 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 announced 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 dividend on an annualized basis and a yield of 0.94%. 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) posted 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 firm earned $28.41 million during 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?

Golar LNG Limited is scheduled to release their next quarterly earnings announcement on Wednesday, November, 29th 2017. View Earnings Estimates for Golar LNG Limited.

Where is Golar LNG Limited's stock going? Where will Golar LNG Limited's stock price be in 2017?

8 analysts have issued 12 month price objectives for Golar LNG Limited's shares. Their predictions range from $26.00 to $45.00. On average, they expect Golar LNG Limited's share price to reach $34.67 in the next twelve months. View Analyst Ratings for Golar LNG Limited.

Are investors shorting Golar LNG Limited?

Golar LNG Limited saw a decline in short interest during the month of September. As of September 29th, there was short interest totalling 10,745,674 shares, a decline of 23.6% from the September 15th total of 14,063,778 shares. Based on an average daily volume of 1,224,499 shares, the short-interest ratio is presently 8.8 days. Approximately 11.3% of the company's shares are short sold.

Who are some of Golar LNG Limited's key competitors?

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 shareholders include LUXOR CAPITAL GROUP, LP (5.50%) and Spirit of America Management Corp NY (0.21%). 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 Spirit of America Management Corp NY. 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?

One share of Golar LNG Limited stock can currently be purchased for approximately $21.28.


MarketBeat Community Rating for Golar LNG Limited (NASDAQ GLNG)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  484
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.

Analyst Ratings

Consensus Ratings for Golar LNG Limited (NASDAQ:GLNG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $34.67 (62.91% upside)
Consensus Price Target History for Golar LNG Limited (NASDAQ:GLNG)
Price Target History for Golar LNG Limited (NASDAQ:GLNG)
Analysts' Ratings History for Golar LNG Limited (NASDAQ:GLNG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/1/2017Morgan StanleyReiterated RatingOverweight$32.00 -> $31.00LowView Rating Details
8/31/2017Cowen and CompanyReiterated RatingOutperform$45.00MediumView Rating Details
8/21/2017Stifel NicolausReiterated RatingBuy$36.00HighView Rating Details
8/17/2017Citigroup Inc.Lower Price TargetBuy$28.00 -> $26.00LowView Rating Details
3/18/2017Credit Suisse GroupSet Price TargetBuy$35.00MediumView Rating Details
1/27/2017Nordea Equity ResearchDowngradeBuy -> HoldN/AView Rating Details
12/1/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
11/23/2016Seaport Global SecuritiesReiterated RatingBuy$35.00N/AView Rating Details
10/5/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
10/3/2016ABN AmroUpgradeSell -> HoldN/AView Rating Details
9/12/2016Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
7/1/2016DNB MarketsUpgradeHold -> BuyN/AView Rating Details
6/30/2016Sanford C. BernsteinDowngradeBuy -> Sell$38.00 -> $10.00N/AView Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
1/25/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> NeutralN/AView Rating Details
1/24/2016Evercore ISIReiterated RatingBuyN/AView Rating Details
11/2/2015BTIG ResearchReiterated RatingBuy$58.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Golar LNG Limited (NASDAQ:GLNG)
Earnings by Quarter for Golar LNG Limited (NASDAQ:GLNG)
Earnings History by Quarter for Golar LNG Limited (NASDAQ GLNG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/28/2017N/AView Earnings Details
8/30/20176/30/2017($0.40)($0.51)$17.03 million$28.41 millionViewN/AView Earnings Details
5/31/20173/31/2017($0.38)($0.41)$17.62 million$25.11 millionViewN/AView Earnings Details
2/28/201712/31/2016($0.37)($0.33)$19.39 million$23.06 millionViewListenView Earnings Details
8/27/2015Q215($0.32)($0.31)$20.63 million$20.14 millionViewListenView Earnings Details
5/27/2015Q115($0.07)($0.14)$35.51 million$36.53 millionViewListenView Earnings Details
8/26/2014Q2($0.09)($0.11)$21.04 million$21.08 millionViewListenView Earnings Details
8/29/2013Q2 2013$0.23$0.74ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Golar LNG Limited (NASDAQ:GLNG)
2017 EPS Consensus Estimate: ($1.29)
2018 EPS Consensus Estimate: $0.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.45)($0.36)($0.41)
Q2 20172($0.42)($0.41)($0.42)
Q3 20172($0.38)($0.31)($0.35)
Q4 20172($0.29)$0.04($0.13)
Q1 20181$0.05$0.05$0.05
Q2 20181$0.08$0.08$0.08
Q3 20181$0.20$0.20$0.20
Q4 20181$0.33$0.33$0.33
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Golar LNG Limited (NASDAQ:GLNG)
Most Recent Dividend:10/4/2017
Annual Dividend:$0.20
Dividend Yield:0.94%
Payout Ratio:-10.42% (Based on This Year's Estimates)
51.28% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Golar LNG Limited (NASDAQ:GLNG)

Dividend History by Quarter for Golar LNG Limited (NASDAQ GLNG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/30/2017Quarterly$0.050.92%9/13/20179/14/201710/4/2017
5/31/2017Quarterly$0.050.85%6/14/20176/16/20177/5/2017
2/28/2017quarterly$0.050.73%3/13/20173/15/20174/3/2017
11/30/2016Quarterly$0.050.85%12/12/201612/14/20161/6/2017
9/1/2016quarterly$0.050.98%9/12/20169/14/201610/3/2016
6/1/2016quarterly$0.051.2%6/13/20166/15/20167/7/2016
3/1/2016quarterly$0.051.06%3/14/20163/16/20163/30/2016
12/1/2015quarterly$0.456.65%12/8/201512/10/20151/6/2016
8/28/2015quarterly$0.454.64%9/8/20159/10/20159/25/2015
5/28/2015quarterly$0.453.61%6/10/20156/12/20156/26/2015
2/26/2015quarterly$0.455.74%3/10/20153/12/20153/24/2015
11/26/2014quarterly$0.454.34%12/3/201412/5/201412/30/2014
8/27/2014quarterly$0.452.81%9/8/20149/10/20149/26/2014
5/28/2014quarterly$0.453.85%6/4/20146/6/20146/27/2014
3/3/2014quarterly$0.454.72%3/10/20143/12/20143/24/2014
11/29/2013quarterly$0.454.95%12/4/201312/6/201312/20/2013
11/27/2013$0.4512/4/201312/6/201312/20/2013
8/30/2013quarterly$0.454.82%9/11/20139/13/20139/26/2013
5/31/2013quarterly$0.455.29%6/11/20136/13/20136/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Golar LNG Limited (NASDAQ:GLNG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Golar LNG Limited (NASDAQ:GLNG)
Latest Headlines for Golar LNG Limited (NASDAQ:GLNG)
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Chart

Golar LNG Limited (GLNG) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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