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
Capitalization:- Market Cap: $2 billion
- Outstanding Shares: 98,000,000
Average Prices:- 50 Day Moving Avg: $22.46
- 200 Day Moving Avg: $25.10
- 52 Week Range: $18.63 - $29.18
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 46.36
- P/E Growth: 0.03
Sales & Book Value:- Annual Revenue: $88.81 million
- Price / Sales: 22.51
- Book Value: $18.74 per share
- Price / Book: 1.09
Dividend:- Annual Dividend: $0.20
- Dividend Yield: 1.0%
Profitability:- EBIDTA: ($60,920,000.00)
- Net Margins: -228.55%
- Return on Equity: -7.51%
- Return on Assets: -3.15%
Debt:- Debt-to-Equity Ratio: 0.75%
- Current Ratio: 0.57%
- Quick Ratio: 0.57%
Misc:- Average Volume: 1.17 million shs.
- Beta: 0.88
- 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, May 31st. Stockholders of record on Friday, June 16th will be given a dividend of $0.05 per share on Wednesday, July 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend is Wednesday, June 14th. View Golar LNG Limited's Dividend History.
How were Golar LNG Limited's earnings last quarter?
Golar LNG Limited (NASDAQ:GLNG) announced its quarterly earnings results on Wednesday, May, 31st. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.38) by $0.03. The company earned $25.11 million during the quarter, compared to analyst estimates of $17.62 million. Golar LNG Limited had a negative net margin of 228.55% and a negative return on equity of 7.51%. 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?
11 analysts have issued 1-year price targets for Golar LNG Limited's stock. Their predictions range from $26.00 to $45.00. On average, they expect Golar LNG Limited's stock price to reach $34.83 in the next twelve months. 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 Ryder System (R), Swift Transportation Company (SWFT), Landstar System (LSTR), Kirby Corporation (KEX), Knight Transportation (KNX), Spirit Airlines (SAVE), Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB), GATX Corporation (GATX), Hawaiian Holdings (HA), Werner Enterprises (WERN), Allegiant Travel Company (ALGT), SkyWest (SKYW), PostNL NV (PNLYY), Heartland Express (HTLD), Aircastle Limited (AYR), Atlas Air Worldwide Holdings (AAWW), Forward Air Corporation (FWRD) and Hertz Global Holdings (HTZ).
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 variety of of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (12.04%), FMR LLC (10.31%),
TROIM TOR OLAV
(5.00%), Orbis Allan Gray Ltd (3.74%), Capital Guardian Trust Co. (2.00%) and Prudential PLC (1.86%). 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 purchased 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?
One share of Golar LNG Limited stock can currently be purchased for approximately $20.40.
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.
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, 9 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.82) |
| Consensus Price Target: | $34.83 (70.75% upside) |
Analysts' Ratings History for Golar LNG Limited (NASDAQ:GLNG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/17/2017 | Citigroup Inc. | Lower Price Target | Buy | $28.00 -> $26.00 | Low |  |
| 7/5/2017 | Stifel Nicolaus | Reiterated Rating | Buy | $36.00 | Low | |
| 6/23/2017 | Cowen and Company | Reiterated Rating | Outperform | $45.00 | Medium | |
| 6/13/2017 | Morgan Stanley | Reiterated Rating | Overweight | $36.00 -> $32.00 | High | |
| 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 & Company | 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 | |
(Data available from 8/21/2015 forward)
Earnings History for Golar LNG Limited (NASDAQ:GLNG)Earnings History by Quarter for Golar LNG Limited (NASDAQ GLNG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/31/2017 | | ($0.39) | | | | | 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 | |
| 8/29/2013 | Q2 2013 | $0.23 | $0.74 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Golar LNG Limited (NASDAQ:GLNG)2017 EPS Consensus Estimate: ($1.23)
2018 EPS Consensus Estimate: $0.61
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.45) | ($0.36) | ($0.41) |
| Q2 2017 | 2 | ($0.42) | ($0.41) | ($0.42) |
| Q3 2017 | 2 | ($0.36) | ($0.31) | ($0.34) |
| Q4 2017 | 2 | ($0.19) | $0.04 | ($0.08) |
| Q1 2018 | 1 | $0.05 | $0.05 | $0.05 |
| Q2 2018 | 1 | $0.08 | $0.08 | $0.08 |
| Q3 2018 | 1 | $0.15 | $0.15 | $0.15 |
| Q4 2018 | 1 | $0.33 | $0.33 | $0.33 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Golar LNG Limited (NASDAQ:GLNG)| Most Recent Dividend: | 7/5/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 0.98% |
| Payout Ratio: | -13.79% (Based on This Year's Estimates)
45.45% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Golar LNG Limited (NASDAQ GLNG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/31/2017 | Quarterly | $0.05 | 0.85% | 6/14/2017 | 6/16/2017 | 7/5/2017 |
| 2/28/2017 | quarterly | $0.05 | 0.73% | 3/13/2017 | 3/15/2017 | 4/3/2017 |
| 11/30/2016 | Quarterly | $0.05 | 0.85% | 12/12/2016 | 12/14/2016 | 1/6/2017 |
| 9/1/2016 | quarterly | $0.05 | 0.98% | 9/12/2016 | 9/14/2016 | 10/3/2016 |
| 6/1/2016 | quarterly | $0.05 | 1.2% | 6/13/2016 | 6/15/2016 | 7/7/2016 |
| 3/1/2016 | quarterly | $0.05 | 1.06% | 3/14/2016 | 3/16/2016 | 3/30/2016 |
| 12/1/2015 | quarterly | $0.45 | 6.65% | 12/8/2015 | 12/10/2015 | 1/6/2016 |
| 8/28/2015 | quarterly | $0.45 | 4.64% | 9/8/2015 | 9/10/2015 | 9/25/2015 |
| 5/28/2015 | quarterly | $0.45 | 3.61% | 6/10/2015 | 6/12/2015 | 6/26/2015 |
| 2/26/2015 | quarterly | $0.45 | 5.74% | 3/10/2015 | 3/12/2015 | 3/24/2015 |
| 11/26/2014 | quarterly | $0.45 | 4.34% | 12/3/2014 | 12/5/2014 | 12/30/2014 |
| 8/27/2014 | quarterly | $0.45 | 2.81% | 9/8/2014 | 9/10/2014 | 9/26/2014 |
| 5/28/2014 | quarterly | $0.45 | 3.85% | 6/4/2014 | 6/6/2014 | 6/27/2014 |
| 3/3/2014 | quarterly | $0.45 | 4.72% | 3/10/2014 | 3/12/2014 | 3/24/2014 |
| 11/29/2013 | quarterly | $0.45 | 4.95% | 12/4/2013 | 12/6/2013 | 12/20/2013 |
| 11/27/2013 | | $0.45 | | 12/4/2013 | 12/6/2013 | 12/20/2013 |
| 8/30/2013 | quarterly | $0.45 | 4.82% | 9/11/2013 | 9/13/2013 | 9/26/2013 |
| 5/31/2013 | quarterly | $0.45 | 5.29% | 6/11/2013 | 6/13/2013 | 6/27/2013 |
(Data available from 1/1/2013 forward)
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)
| Source: |
|
| Date | Headline |
|---|
 | 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 |
| Zacks Investment Research Upgrades Golar LNG Limited (NASDAQ:GLNG) to Hold
www.americanbankingnews.com - August 1 at 9:46 PM |
| African LNG exports to get boost from offshore projects
finance.yahoo.com - July 27 at 7:38 PM |
| Golar, Microsoft, Netflix, Xilinx: Fast Money Picks For July 21 - Benzinga
www.benzinga.com - July 22 at 12:33 AM |
| "Fast Money" final trades: NFLX, GLNG, and more
finance.yahoo.com - July 20 at 9:54 PM |
| Golar LNG Ltd. breached its 50 day moving average in a Bullish Manner : GLNG-US : July 20, 2017
finance.yahoo.com - July 20 at 4:53 PM |
| Golar LNG Limited (NASDAQ:GLNG) and GasLog Partners (GLOP) Head-To-Head Analysis
www.americanbankingnews.com - July 17 at 2:31 PM |
| Golar LNG Limited (NASDAQ:GLNG) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 14 at 8:21 PM |
| -$0.39 Earnings Per Share Expected for Golar LNG Limited (NASDAQ:GLNG) This Quarter
www.americanbankingnews.com - July 14 at 1:25 PM |
| Reviewing Golar LNG Limited (NASDAQ:GLNG) & Dominion Midstream Partners, (DM)
www.americanbankingnews.com - July 13 at 8:10 AM |
| Traders Purchase Large Volume of Golar LNG Limited Put Options (GLNG)
www.americanbankingnews.com - July 12 at 7:02 AM |
| Golar LNG Limited (NASDAQ:GLNG) Earns Buy Rating from Stifel Nicolaus
www.americanbankingnews.com - July 9 at 6:02 PM |
| Notable Friday Option Activity: SAM, GLNG, LNG - Nasdaq
www.nasdaq.com - July 8 at 11:07 AM |
| Notable Friday Option Activity: SAM, GLNG, LNG - Nasdaq
www.nasdaq.com - July 8 at 11:07 AM |
| Golar LNG Limited Sees Unusually High Options Volume (GLNG)
www.americanbankingnews.com - July 7 at 7:30 AM |
 | Stifel Bullish on Golar LNG (GLNG) Following First FLNG Event - StreetInsider.com
www.streetinsider.com - July 6 at 12:47 AM |
| Crude Prices and Bunker Fuel Prices Rose in Week 26
finance.yahoo.com - July 5 at 7:44 PM |
| ETFs with exposure to Golar LNG Ltd. : July 5, 2017
finance.yahoo.com - July 5 at 7:44 PM |
 | BRIEF-Golar LNG files for potential mixed shelf
www.reuters.com - June 30 at 7:23 PM |
| Golar LNG Limited (GLNG) Short Interest Update
www.americanbankingnews.com - June 28 at 7:06 AM |
| How The Parts Add Up: PUW Headed For $30 - Nasdaq
www.nasdaq.com - June 27 at 10:42 PM |
| Golar LNG (GLNG): FLNG Production Conversion Catalyst Nearing - Cowen - StreetInsider.com
www.streetinsider.com - June 23 at 8:18 PM |
| Cowen and Company Reaffirms Outperform Rating for Golar LNG Limited (GLNG)
www.americanbankingnews.com - June 23 at 11:34 AM |
| Golar LNG Limited (GLNG) Expected to Announce Quarterly Sales of $19.25 Million
www.americanbankingnews.com - June 22 at 11:54 AM |
| Golar LNG and Delfin Midstream sign agreement to jointly develop the Delfin LNG Project in the US Gulf of Mexico
finance.yahoo.com - June 21 at 7:05 PM |
| Golar LNG signs deal to develop Delfin LNG project in Louisiana
seekingalpha.com - June 21 at 9:55 AM |
 | Initiating Research Reports on Shipping Equities -- Top Ships, DHT ... - PR Newswire (press release)
www.prnewswire.com - June 20 at 6:13 PM |
| Today's Bell Ringer, June 20, 2017
finance.yahoo.com - June 20 at 6:13 PM |
| Golar LNG Limited (GLNG) Expected to Announce Earnings of -$0.39 Per Share
www.americanbankingnews.com - June 20 at 8:14 AM |
| Golar LNG Limited (GLNG) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - June 19 at 8:50 PM |
| Golar LNG (Nasdaq: GLNG) to Ring The Nasdaq Stock Market Opening Bell
finance.yahoo.com - June 19 at 12:54 PM |
| Golar LNG Limited's (GLNG) Overweight Rating Reaffirmed at Morgan Stanley
www.americanbankingnews.com - June 18 at 2:30 PM |
| ETFs with exposure to Golar LNG Ltd. : June 16, 2017
finance.yahoo.com - June 16 at 6:10 PM |
| Golar LNG Limited (GLNG) Downgraded by BidaskClub
www.americanbankingnews.com - June 10 at 8:34 PM |
| Noteworthy Wednesday Option Activity: GLNG, BAC, LNG - Nasdaq
www.nasdaq.com - June 7 at 4:57 PM |
Golar LNG Limited (GLNG) Chart for Monday, August, 21, 2017
