Golar LNG Partners LP Company Profile (NASDAQ:GMLP)

About Golar LNG Partners LP (NASDAQ:GMLP)

Golar 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:

Sector: Oils/Energy
Industry: Shipping
Sub-Industry: N/A
Symbol: NASDAQ:GMLP
CUSIP: N/A
Web: www.golarlngpartners.com

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?

Some companies that are related to Golar LNG Partners LP include Golar LNG Limited (GLNG), Teekay LNG Partners L.P. (TGP), Matson (MATX), Ship Finance International Limited (SFL), Euronav NV (EURN), GasLog Ltd (GLOG), Frontline (FRO), GasLog Partners LP (GLOP), Golden Ocean Group Ltd (GOGL), KNOT Offshore Partners LP (KNOP), Costamare (CMRE), Hoegh LNG Partners LP (HMLP), Seaspan (SSW), Scorpio Tankers (STNG), Nordic American Tanker Ltd (NAT), Teekay (TK), Star Bulk Carriers Corp. (SBLK) and Dynagas LNG Partners LP (DLNG).

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.

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:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
3/1/2017	Jefferies Group LLC	Boost Price Target	Buy	$25.00 -> $26.00	N/A
1/3/2017	Stifel Nicolaus	Downgrade	Buy -> Hold	$24.00 -> $23.00	N/A
9/6/2016	Morgan Stanley	Set Price Target	Hold	$15.00	N/A
11/27/2015	Seaport Global Securities	Lower Price Target		$25.00 -> $22.00	N/A
9/22/2015	Danske	Initiated Coverage	Buy	$24.00	N/A
8/31/2015	Royal Bank of Canada	Lower Price Target	Sector Perform	$30.00 -> $23.00	N/A
7/1/2015	GMP Securities	Initiated Coverage	Hold	$29.00	N/A

(Data available from 5/27/2015 forward)

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)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/29/2017
2/28/2017	12/31/2016	$0.71	$1.12	$115.30 million	$114.94 million	View	Listen
8/26/2015	Q2	$0.67	$0.90	$103.02 million	$105.72 million	View	Listen
2/24/2015	Q4 2014	$0.72	$0.80	$102.66 million	$102.24 million	View	Listen
11/26/2014	Q3 2014	$0.77	$1.47	$102.86 million	$104.51 million	View	N/A
8/26/2014	Q2 2014	$0.66	$0.83	$101.92 million	$101.59 million	View	N/A
5/28/2014	Q1 2014	$0.50	$0.72	$89.09 million	$87.69 million	View	Listen
11/27/2013	Q3	$0.58	$0.87			View	Listen

(Data available from 1/1/2011 forward)

Earnings Estimates for Golar LNG Partners LP (NASDAQ:GMLP)

2017 EPS Consensus Estimate: $2.42

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.48	$0.48	$0.48
Q2 2017	1	$0.66	$0.66	$0.66
Q3 2017	1	$0.64	$0.64	$0.64
Q4 2017	1	$0.64	$0.64	$0.64

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
4/26/2017	quarterly	$0.58	10.3%	5/3/2017	5/5/2017	5/12/2017
1/27/2017	quarterly	$0.58	9.38%	2/3/2017	2/7/2017	2/14/2017
10/25/2016	quarterly	$0.58	10.6%	11/3/2016	11/7/2016	11/14/2016
7/25/2016	quarterly	$0.58	12.15%	8/3/2016	8/5/2016	8/12/2016
4/26/2016	quarterly	$0.58	12.99%	5/4/2016	5/6/2016	5/13/2016
1/27/2016	quarterly	$0.58	16.67%	2/3/2016	2/5/2016	2/12/2016
10/28/2015	quarterly	$0.58	13.16%	11/4/2015	11/6/2015	11/13/2015
7/28/2015	quarterly	$0.58	10.22%	8/5/2015	8/7/2015	8/14/2015
4/27/2015	quarterly	$0.58	7.84%	5/5/2015	5/7/2015	5/14/2015
1/28/2015	quarterly	$0.56	8.5%	2/3/2015	2/5/2015	2/13/2015
10/29/2014	quarterly	$0.55			11/7/2014	11/14/2014
7/17/2014	quarterly	$0.55	6.11%	7/29/2014	7/31/2014	8/12/2014
4/25/2014	quarterly	$0.52	6.87%	5/1/2014	5/5/2014	5/14/2014
1/28/2014	quarterly	$0.52	6.79%	2/4/2014	2/6/2014	2/14/2014
10/25/2013	quarterly	$0.52	6.6%	10/31/2013	11/4/2013	11/14/2013
7/26/2013	quarterly	$0.52	6.4%	8/1/2013	8/5/2013	8/14/2013
4/30/2013	quarterly	$0.52	6.31%	5/7/2013	5/9/2013	5/16/2013
1/23/2013	quarterly	$0.50	6.24%	1/30/2013	2/1/2013	2/14/2013

(Data available from 1/1/2013 forward)

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

Headline Trends for Golar LNG Partners LP (NASDAQ:GMLP) Latest Headlines for Golar LNG Partners LP (NASDAQ:GMLP)

Source:

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