NASDAQ:GMLP - Golar LNG Partners Stock Price, News, & Analysis

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$12.93 +0.03 (+0.23 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$12.90
Today's Range$12.79 - $13.03
52-Week Range$10.23 - $21.00
Volume172,163 shs
Average Volume309,957 shs
Market Capitalization$921.78 million
P/E Ratio12.31
Dividend Yield12.53%
Beta1.17
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Kuwait, and the United Arab Emirates. As of April 6, 2018, it had a fleet of six FSRUs and four LNG carriers. Golar GP LLC serves as the general partner of Golar LNG Partners LP. The company was founded in 2007 and is headquartered in Hamilton, Bermuda. Golar LNG Partners LP is a subsidiary of Golar LNG Limited.

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Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:GMLP
CUSIPN/A
Phone1-441-295-4705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$346.65 million
Cash Flow$2.5010 per share
Book Value$10.65 per share

Profitability

Net Income$73.19 million

Miscellaneous

EmployeesN/A
Market Cap$921.78 million
Next Earnings Date5/30/2019 (Estimated)
OptionableOptionable

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 Friday, February 1st. Stockholders of record on Monday, February 11th will be paid a dividend of $0.4042 per share on Thursday, February 14th. This represents a $1.62 annualized dividend and a dividend yield of 12.50%. The ex-dividend date is Friday, February 8th. This is an increase from Golar LNG Partners's previous quarterly dividend of $0.40. 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 permits the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) posted its earnings results on Wednesday, February, 27th. The shipping company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.56. Golar LNG Partners had a return on equity of 10.33% and a net margin of 21.11%. View Golar LNG Partners' Earnings History.

When is Golar LNG Partners' next earnings date?

Golar LNG Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Golar LNG Partners.

What price target have analysts set for GMLP?

9 brokers have issued 12-month price objectives for Golar LNG Partners' stock. Their predictions range from $12.00 to $21.00. On average, they anticipate Golar LNG Partners' stock price to reach $15.1667 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

What is the consensus analysts' recommendation for Golar LNG Partners?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golar LNG Partners.

Has Golar LNG Partners been receiving favorable news coverage?

Press coverage about GMLP stock has trended somewhat negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Golar LNG Partners earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Golar LNG Partners' key competitors?

What other stocks do shareholders of Golar LNG Partners own?

Who are Golar LNG Partners' key executives?

Golar LNG Partners' management team includes the folowing people:
  • Mr. Brian Tienzo, CEO & CFO (Age 45)
  • Mr. Øistein Dahl, Chief Operating Officer (Age 58)
  • Mr. Stuart Buchanan, Head of Investor Relations
  • Mr. Michael Ashford, Company Sec. & Director (Age 72)

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (9.79%), Stifel Financial Corp (0.77%), Bank of America Corp DE (0.35%), Duff & Phelps Investment Management Co. (0.24%), Virtus Alternative Investment Advisers Inc. (0.24%) and California Public Employees Retirement System (0.20%).

Which institutional investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Consolidated Investment Group LLC, Millennium Management LLC, Bank of America Corp DE, Baldwin Brothers Inc. MA, Boston Partners, California Public Employees Retirement System, Duff & Phelps Investment Management Co. and Virtus Alternative Investment Advisers Inc..

Which institutional investors are buying Golar LNG Partners stock?

GMLP stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC, FMR LLC, GSA Capital Partners LLP, Old Port Advisors, Acadian Asset Management LLC, Arrow Investment Advisors LLC, Geode Capital Management LLC and Geode Capital Management LLC.

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 $12.93.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $921.78 million and generates $346.65 million in revenue each year. The shipping company earns $73.19 million in net income (profit) each year or $1.05 on an earnings per share basis.

What is Golar LNG Partners' official website?

The official website for Golar LNG Partners is http://www.golarlngpartners.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  602
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.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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