Golar LNG Partners LP engages in the logistics solutions. Its activities include owning, trading, and operation of floating storage and regasification units (FSRU) and liquefied natural gas ( LNG) marine transportation. The company was founded on September 24, 2007 and is headquartered in Hamilton, Bermuda.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:GMLP
CUSIPN/A
Phone1-441-295-4705
Debt
Debt-to-Equity Ratio1.65
Current Ratio0.55
Quick Ratio0.54
Price-To-Earnings
Trailing P/E Ratio7.47
Forward P/E Ratio13.91
P/E Growth1.69
Sales & Book Value
Annual Sales$433.10 million
Price / Sales2.31
Cash Flow$3.4864 per share
Price / Cash4.03
Book Value$10.11 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)$1.88
Net Income$129.28 million
Net Margins26.85%
Return on Equity13.60%
Return on Assets4.06%
Miscellaneous
Employees523
Outstanding Shares71,290,000
Market Cap$970.93 million
Golar LNG Partners (NASDAQ:GMLP) Frequently Asked Questions
What is Golar LNG Partners' stock symbol?
Golar LNG Partners trades on the NASDAQ under the ticker symbol "GMLP."
How often does Golar LNG Partners pay dividends? What is the dividend yield for Golar LNG Partners?
Golar LNG Partners declared a quarterly dividend on Monday, July 23rd. Shareholders of record on Tuesday, August 7th will be given a dividend of $0.577 per share on Tuesday, August 14th. This represents a $2.31 dividend on an annualized basis and a yield of 16.43%. The ex-dividend date is Monday, August 6th. View Golar LNG Partners' Dividend History.
How will Golar LNG Partners' stock buyback program work?
Golar LNG Partners announced that its board has initiated a share buyback program on Tuesday, March 6th 2018, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Golar LNG Partners' earnings last quarter?
Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings data on Thursday, August, 23rd. The shipping company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.14. The shipping company had revenue of $84.20 million for the quarter, compared to the consensus estimate of $81.17 million. Golar LNG Partners had a net margin of 26.85% and a return on equity of 13.60%. View Golar LNG Partners' Earnings History.
When is Golar LNG Partners' next earnings date?
What price target have analysts set for GMLP?
10 brokerages have issued 1-year target prices for Golar LNG Partners' stock. Their forecasts range from $13.00 to $26.00. On average, they anticipate Golar LNG Partners' stock price to reach $19.8571 in the next year. This suggests a possible upside of 41.3% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.
What is the consensus analysts' recommendation for Golar LNG Partners?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.
Who are some of Golar LNG Partners' key competitors?
Some companies that are related to Golar LNG Partners include Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Golden Ocean Group (GOGL), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Teekay Offshore Partners (TOO), Tidewater (TDW), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), International Seaways (INSW), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG), Teekay Tankers (TNK) and Hornbeck Offshore Services (HOS).
Who are Golar LNG Partners' key executives?
Golar LNG Partners' management team includes the folowing people:
- Brian Tienzo, Chief Executive & Financial Officer
- Oistein Dahl, Chief Operating Officer
- Michael Ashford, Secretary & Director
- Stuart Buchanan, Head-Investor Relations
Who are Golar LNG Partners' major shareholders?
Golar LNG Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (9.88%), FMR LLC (9.67%), Huber Capital Management LLC (2.76%), Kayne Anderson Capital Advisors LP (1.88%), Cannell Peter B & Co. Inc. (0.93%) and Bank of America Corp DE (0.66%).
Which institutional investors are selling Golar LNG Partners stock?
GMLP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Eagle Global Advisors LLC, Spirit of America Management Corp NY, Renaissance Technologies LLC, Cannell Peter B & Co. Inc., Bank of America Corp DE, State of New Jersey Common Pension Fund D and Northern Trust Corp.
Which institutional investors are buying Golar LNG Partners stock?
GMLP stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Global X Management Co LLC, Huber Capital Management LLC, SG Americas Securities LLC, Duff & Phelps Investment Management Co., First Trust Advisors LP and Ardsley Advisory Partners.
How do I buy shares of Golar LNG Partners?
Shares of GMLP 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, Scottrade, Fidelity and Charles Schwab.
What is Golar LNG Partners' stock price today?
One share of GMLP stock can currently be purchased for approximately $14.05.
How big of a company is Golar LNG Partners?
Golar LNG Partners has a market capitalization of $970.93 million and generates $433.10 million in revenue each year. The shipping company earns $129.28 million in net income (profit) each year or $1.88 on an earnings per share basis. Golar LNG Partners employs 523 workers across the globe.
What is Golar LNG Partners' official website?
How can I contact Golar LNG Partners?
Golar LNG Partners' 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 1-441-295-4705 or via email at [email protected]
MarketBeat Community Rating for Golar LNG Partners (NASDAQ GMLP)
MarketBeat's community ratings are surveys of what our community members think about Golar LNG Partners and other stocks. Vote "Outperform" if you believe GMLP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GMLP will underperform the S&P 500 over the long term. You may vote once every thirty days.
