Golar LNG Partners LP Company Profile (NASDAQ:GMLP)

About Golar LNG Partners LP (NASDAQ:GMLP)

Golar LNG Partners LP logoGolar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The Company operates through the LNG market segment. The Company's fleet consists of approximately six FSRUs and over four LNG carriers. The Company's FSRU vessels include Golar Spirit, Golar Winter, Golar Freeze, NR Satu, Golar Igloo and Golar Eskimo. Its FSRU vessels have a total capacity of approximately 846,000 cubic meters. The Company's LNG carriers include Golar Mazo, Methane Princess, Golar Grand and Golar Maria. Its LNG carriers have a total capacity of over 564,400 cubic meters.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $1.33 billion
  • Outstanding Shares: 65,391,000
Average Prices:
  • 50 Day Moving Avg: $21.74
  • 200 Day Moving Avg: $22.36
  • 52 Week Range: $16.21 - $25.82
P/E:
  • Trailing P/E Ratio: 7.44
  • Foreward P/E Ratio: 9.54
  • P/E Growth: 1.05
Sales & Book Value:
  • Annual Revenue: $441.6 million
  • Price / Sales: 3.01
  • Book Value: $8.20 per share
  • Price / Book: 2.48
Dividend:
  • Annual Dividend: $2.31
  • Dividend Yield: 11.3%
Profitability:
  • EBIDTA: $367.74 million
  • Net Margins: 35.76%
  • Return on Equity: 27.10%
  • Return on Assets: 6.93%
Debt:
  • Debt-to-Equity Ratio: 2.45%
  • Current Ratio: 0.69%
  • Quick Ratio: 0.69%
Misc:
  • Average Volume: 379,286 shs.
  • Beta: 1.03
  • Short Ratio: 3.04
 

Frequently Asked Questions for Golar LNG Partners LP (NASDAQ:GMLP)

What is Golar LNG Partners LP's stock symbol?

Golar LNG Partners LP trades on the NASDAQ under the ticker symbol "GMLP."

How often does Golar LNG Partners LP pay dividends? What is the dividend yield for Golar LNG Partners LP?

Golar LNG Partners LP announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Friday, May 5th will be paid a dividend of $0.5775 per share on Friday, May 12th. This represents a $2.31 annualized dividend and a yield of 11.37%. The ex-dividend date of this dividend is Wednesday, May 3rd. View Golar LNG Partners LP's Dividend History.

How were Golar LNG Partners LP's earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings data on Tuesday, February, 28th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.71 by $0.41. The company earned $114.94 million during the quarter, compared to analysts' expectations of $115.30 million. Golar LNG Partners LP had a net margin of 35.76% and a return on equity of 27.10%. View Golar LNG Partners LP's Earnings History.

When will Golar LNG Partners LP make its next earnings announcement?

Golar LNG Partners LP is scheduled to release their next quarterly earnings announcement on Monday, May, 29th 2017. View Earnings Estimates for Golar LNG Partners LP.

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

3 brokerages have issued 1-year price objectives for Golar LNG Partners LP's stock. Their forecasts range from $15.00 to $26.00. On average, they anticipate Golar LNG Partners LP's share price to reach $21.33 in the next twelve months. View Analyst Ratings for Golar LNG Partners LP.

What are analysts saying about Golar LNG Partners LP stock?

Here are some recent quotes from research analysts about Golar LNG Partners LP stock:

  • 1. According to Zacks Investment Research, "Golar LNG Partners LP is a limited partnership primarily focused on owning and operating floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters. Golar LNG Partners LP is based in Hamilton, Bermuda. " (5/2/2017)
  • 2. Jefferies Group LLC analysts commented, "Golar LNG Partners reported an adjusted 4Q16 EPU of $0.74 which was better than both Street consensus of $0.70 and our estimate of $0.72 primarily due to higher than expected revenues earned during the quarter and lower than expected vessel opex incurred during the quarter. More importantly, GMLP improved its distribution coverage ratio to 1.53x and lowered its net debt to EBITDA ratio to 3.2x." (3/1/2017)

Are investors shorting Golar LNG Partners LP?

Golar LNG Partners LP saw a decline in short interest in April. As of April 13th, there was short interest totalling 1,555,253 shares, a decline of 0.4% from the March 31st total of 1,561,200 shares. Based on an average trading volume of 198,036 shares, the short-interest ratio is presently 7.9 days.

Who are some of Golar LNG Partners LP's key competitors?

Who owns Golar LNG Partners LP stock?

Golar LNG Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include GOLAR LNG LTD (30.10%), OppenheimerFunds Inc. (7.68%), Kayne Anderson Capital Advisors LP (6.15%), Eagle Global Advisors LLC (1.77%), FMR LLC (1.69%) and JPMorgan Chase & Co. (0.96%). View Institutional Ownership Trends for Golar LNG Partners LP.

Who sold Golar LNG Partners LP stock? Who is selling Golar LNG Partners LP stock?

Golar LNG Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Morgan Stanley, Van ECK Associates Corp, Wells Fargo & Company MN, JPMorgan Chase & Co., Eagle Global Advisors LLC, Bank of America Corp DE and Stifel Financial Corp. View Insider Buying and Selling for Golar LNG Partners LP.

Who bought Golar LNG Partners LP stock? Who is buying Golar LNG Partners LP stock?

Golar LNG Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., HITE Hedge Asset Management LLC, Renaissance Technologies LLC, FMR LLC, California Public Employees Retirement System, Kayne Anderson Capital Advisors LP, Tocqueville Asset Management L.P. and SG Americas Securities LLC. View Insider Buying and Selling for Golar LNG Partners LP.

How do I buy Golar LNG Partners LP stock?

Shares of Golar LNG Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Golar LNG Partners LP stock cost?

One share of Golar LNG Partners LP stock can currently be purchased for approximately $20.32.

Analyst Ratings

Consensus Ratings for Golar LNG Partners LP (NASDAQ:GMLP) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $21.33 (4.99% upside)

Analysts' Ratings History for Golar LNG Partners LP (NASDAQ:GMLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/1/2017Jefferies Group LLCBoost Price TargetBuy$25.00 -> $26.00N/AView Rating Details
1/3/2017Stifel NicolausDowngradeBuy -> Hold$24.00 -> $23.00N/AView Rating Details
9/6/2016Morgan StanleySet Price TargetHold$15.00N/AView Rating Details
11/27/2015Seaport Global SecuritiesLower Price Target$25.00 -> $22.00N/AView Rating Details
9/22/2015DanskeInitiated CoverageBuy$24.00N/AView Rating Details
8/31/2015Royal Bank of CanadaLower Price TargetSector Perform$30.00 -> $23.00N/AView Rating Details
7/1/2015GMP SecuritiesInitiated CoverageHold$29.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Golar LNG Partners LP (NASDAQ:GMLP)
Earnings by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)
Earnings History by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/29/2017        
2/28/201712/31/2016$0.71$1.12$115.30 million$114.94 millionViewListenView Earnings Details
8/26/2015Q2$0.67$0.90$103.02 million$105.72 millionViewListenView Earnings Details
2/24/2015Q4 2014$0.72$0.80$102.66 million$102.24 millionViewListenView Earnings Details
11/26/2014Q3 2014$0.77$1.47$102.86 million$104.51 millionViewN/AView Earnings Details
8/26/2014Q2 2014$0.66$0.83$101.92 million$101.59 millionViewN/AView Earnings Details
5/28/2014Q1 2014$0.50$0.72$89.09 million$87.69 millionViewListenView Earnings Details
11/27/2013Q3$0.58$0.87ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Golar LNG Partners LP (NASDAQ:GMLP)
2017 EPS Consensus Estimate: $2.42
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.48$0.48$0.48
Q2 20171$0.66$0.66$0.66
Q3 20171$0.64$0.64$0.64
Q4 20171$0.64$0.64$0.64
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Golar LNG Partners LP (NASDAQ:GMLP)
Most Recent Dividend:5/12/2017
Annual Dividend:$2.31
Dividend Yield:11.37%
Payout Ratio:78.04% (Trailing 12 Months of Earnings)
95.45% (Based on This Year's Estimates)
108.45% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)

Dividend History by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.5810.3%5/3/20175/5/20175/12/2017
1/27/2017quarterly$0.589.38%2/3/20172/7/20172/14/2017
10/25/2016quarterly$0.5810.6%11/3/201611/7/201611/14/2016
7/25/2016quarterly$0.5812.15%8/3/20168/5/20168/12/2016
4/26/2016quarterly$0.5812.99%5/4/20165/6/20165/13/2016
1/27/2016quarterly$0.5816.67%2/3/20162/5/20162/12/2016
10/28/2015quarterly$0.5813.16%11/4/201511/6/201511/13/2015
7/28/2015quarterly$0.5810.22%8/5/20158/7/20158/14/2015
4/27/2015quarterly$0.587.84%5/5/20155/7/20155/14/2015
1/28/2015quarterly$0.568.5%2/3/20152/5/20152/13/2015
10/29/2014quarterly$0.5511/7/201411/14/2014
7/17/2014quarterly$0.556.11%7/29/20147/31/20148/12/2014
4/25/2014quarterly$0.526.87%5/1/20145/5/20145/14/2014
1/28/2014quarterly$0.526.79%2/4/20142/6/20142/14/2014
10/25/2013quarterly$0.526.6%10/31/201311/4/201311/14/2013
7/26/2013quarterly$0.526.4%8/1/20138/5/20138/14/2013
4/30/2013quarterly$0.526.31%5/7/20135/9/20135/16/2013
1/23/2013quarterly$0.506.24%1/30/20132/1/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

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

Headlines

Headline Trends for Golar LNG Partners LP (NASDAQ:GMLP)
Latest Headlines for Golar LNG Partners LP (NASDAQ:GMLP)
Source:
DateHeadline
finance.yahoo.com logoGolar LNG’s 1Q17 Results Are around the Corner—Key Insights
finance.yahoo.com - May 26 at 6:09 PM
finance.yahoo.com logoCould Golar LNG’s Negative EBITDA Trend Reverse in 1Q17?
finance.yahoo.com - May 26 at 6:09 PM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Expected to Post Earnings of $0.44 Per Share
www.americanbankingnews.com - May 25 at 7:54 AM
finance.yahoo.com logoGolar LNG Partners LP: Q1 2017 results presentation
finance.yahoo.com - May 23 at 5:06 PM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Short Interest Update
www.americanbankingnews.com - May 10 at 7:18 AM
finance.yahoo.com logoGolar LNG Partners LP : GMLP-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 3, 2017
finance.yahoo.com - May 3 at 5:15 PM
americanbankingnews.com logoGolar LNG Partners (GMLP) Getting Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 2:20 PM
americanbankingnews.com logo$100.79 Million in Sales Expected for Golar LNG Partners LP (GMLP) This Quarter
www.americanbankingnews.com - May 3 at 12:53 PM
nasdaq.com logoGolar LNG Partners LP (GMLP) Ex-Dividend Date Scheduled for May 03, 2017 - Nasdaq
www.nasdaq.com - May 3 at 8:24 AM
americanbankingnews.com logoZacks Investment Research Downgrades Golar LNG Partners LP (GMLP) to Sell
www.americanbankingnews.com - May 3 at 1:11 AM
americanbankingnews.com logo$0.44 EPS Expected for Golar LNG Partners LP (GMLP) This Quarter
www.americanbankingnews.com - May 2 at 12:08 AM
finance.yahoo.com logoGolar LNG Partners LP – Value Analysis (NASDAQ:GMLP) : May 1, 2017
finance.yahoo.com - May 1 at 5:14 PM
nasdaq.com logoEx-Dividend Reminder: Norfolk Southern, J.B. Hunt Transport Services and Golar LNG Partners
www.nasdaq.com - May 1 at 12:25 PM
finance.yahoo.com logoAre Gaslog’s Earnings Expected to Rise in 1Q17?
finance.yahoo.com - May 1 at 12:25 PM
finance.yahoo.com logoGolar LNG Partners LP - Announcement of filing of Form 20-F Annual Report
finance.yahoo.com - May 1 at 12:25 PM
finance.yahoo.com logoGolar LNG Partners LP breached its 50 day moving average in a Bearish Manner : GMLP-US : April 28, 2017
finance.yahoo.com - April 28 at 10:31 AM
americanbankingnews.com logoPositive Press Coverage Likely to Affect Golar LNG Partners (GMLP) Share Price
www.americanbankingnews.com - April 28 at 12:56 AM
finance.yahoo.com logoETFs with exposure to Golar LNG Partners LP : April 27, 2017
finance.yahoo.com - April 27 at 6:05 PM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Declares $0.58 Dividend
www.americanbankingnews.com - April 27 at 12:46 PM
finance.yahoo.com logoGolar LNG Partners LP First Quarter 2017 Cash Distribution
finance.yahoo.com - April 26 at 7:54 PM
americanbankingnews.com logoGolar LNG Partners (GMLP) Receives Daily News Sentiment Score of 0.11
www.americanbankingnews.com - April 21 at 1:26 PM
nasdaq.com logoPID's Holdings Could Mean 10% Gain Potential
www.nasdaq.com - April 20 at 5:34 PM
americanbankingnews.com logoGolar LNG Partners (GMLP) Earns News Sentiment Rating of -0.08
www.americanbankingnews.com - April 14 at 3:24 PM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Expected to Announce Earnings of $0.44 Per Share
www.americanbankingnews.com - April 10 at 8:28 PM
finance.yahoo.com logoETFs with exposure to Golar LNG Partners LP : April 7, 2017
finance.yahoo.com - April 7 at 5:21 PM
seekingalpha.com logoDividend Stock Yields 10%, Record Income, Cash Flow, EBITDA, Industry Tailwinds
seekingalpha.com - April 1 at 12:56 PM
nasdaq.com logoGolar LNG Partners a Top Ranked SAFE Dividend Stock With 10.7% Yield (GMLP)
www.nasdaq.com - March 24 at 9:14 AM
finance.yahoo.com logoGolar LNG Partners L.P. - Buyback of outstanding 2017 maturing bonds
finance.yahoo.com - March 23 at 9:01 AM
streetinsider.com logoGolar LNG Partners (GMLP) Announces New LNG Carrier Contract
www.streetinsider.com - March 18 at 10:13 AM
seekingalpha.com logoGolar LNG Partners LP 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 2 at 3:15 AM
seekingalpha.com logoGolar LNG Partners' (GMLP) CEO Graham Robjohns on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 28 at 5:38 PM
biz.yahoo.com logoGolar LNG Partners LP Earnings Call scheduled for 11:30 am ET today
biz.yahoo.com - February 28 at 5:38 PM
seekingalpha.com logoGolar LNG Partners beats on revenue
seekingalpha.com - February 28 at 8:53 AM
biz.yahoo.com logoQ4 2016 Golar LNG Partners LP Earnings Release - Before Market Open
us.rd.yahoo.com - February 28 at 8:53 AM
finance.yahoo.com logoGolar LNG Partners L.P. Preliminary Fourth Quarter and Financial Year 2016 Results
finance.yahoo.com - February 28 at 8:53 AM
nasdaq.com logoGolar LNG Partners LP Announces Pricing of Public Offering - Nasdaq
www.nasdaq.com - February 9 at 6:16 PM
streetinsider.com logoGolar LNG Partners (GMLP) Prices 4.5M Units for Proceeds of $103.5M - StreetInsider.com
www.streetinsider.com - February 8 at 6:01 PM
streetinsider.com logoGolar LNG Partners (GMLP) Plans 4.5M Offering of Common Units - StreetInsider.com
www.streetinsider.com - February 8 at 4:50 AM
finance.yahoo.com logoGolar LNG Partners LP Announces Pricing of Public Offering
finance.yahoo.com - February 8 at 4:50 AM
streetinsider.com logoGolar LNG Partners (GMLP) Plans 4.5M Offering of Common Units
www.streetinsider.com - February 7 at 6:45 PM
seekingalpha.com logoGolar LNG Partners to launch 4.5M-unit offering
seekingalpha.com - February 7 at 6:45 PM
us.rd.yahoo.com logo4:08 pm Golar LNG Partners plans to offer 4,500,000 common units in an underwritten public offering
us.rd.yahoo.com - February 7 at 6:45 PM
nasdaq.com logoGolar LNG Partners LP (GMLP) Ex-Dividend Date Scheduled for February 03, 2017 - Nasdaq
www.nasdaq.com - February 2 at 6:02 PM
finance.yahoo.com logoGolar LNG Partners L.P. - Successful Placement of New Unsecured Bonds
finance.yahoo.com - February 1 at 6:08 PM
finance.yahoo.com logoGolar LNG Partners L.P. : Fixed income investor meetings
finance.yahoo.com - January 31 at 4:14 AM
us.rd.yahoo.com logoLNG Carriers Are Getting Ready to Announce 4Q16 Earnings
us.rd.yahoo.com - January 27 at 4:57 AM
finance.yahoo.com logoGolar LNG Partners LP Fourth Quarter 2016 Cash Distribution
finance.yahoo.com - January 26 at 6:54 PM
fool.com logoHere's Why Golar LNG Partners LP Outperformed Its LNG Peers Last Month
www.fool.com - January 11 at 7:48 AM
finance.yahoo.com logoIs Golar LNG Partners a Great Stock for Value Investors?
finance.yahoo.com - January 6 at 6:00 PM

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Golar LNG Partners LP (GMLP) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff