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:
- Market Cap: $1.38 billion
- Outstanding Shares: 65,391,000
- 50 Day Moving Avg: $21.92
- 200 Day Moving Avg: $22.36
- 52 Week Range: $16.21 - $25.82
Sales & Book Value:
- Trailing P/E Ratio: 7.69
- Foreward P/E Ratio: 9.87
- P/E Growth: 1.09
- Annual Revenue: $441.6 million
- Price / Sales: 3.11
- Book Value: $8.20 per share
- Price / Book: 2.56
- Annual Dividend: $2.31
- Dividend Yield: 10.9%
- EBIDTA: $367.74 million
- Net Margins: 35.76%
- Return on Equity: 27.10%
- Return on Assets: 6.93%
- Debt-to-Equity Ratio: 2.45%
- Current Ratio: 0.69%
- Quick Ratio: 0.69%
- Average Volume: 379,439 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 declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Friday, May 5th will be given a dividend of $0.5775 per share on Friday, May 12th. This represents a $2.31 dividend on an annualized basis and a yield of 10.98%. The ex-dividend date 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) announced its quarterly earnings results on Tuesday, February, 28th. The company reported $1.12 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.41. The business earned $114.94 million during the quarter, compared to the consensus estimate 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?
Where is Golar LNG Partners LP's stock going? Where will Golar LNG Partners LP's stock price be in 2017?
3 equities research analysts have issued 1 year price targets for Golar LNG Partners LP's shares. Their predictions range from $15.00 to $26.00. On average, they expect Golar LNG Partners LP's share price to reach $21.33 in the next year. 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 the month of 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 days-to-cover ratio is currently 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), Matson (MATX), Ship Finance International Limited (SFL), Teekay LNG Partners L.P. (TGP), Euronav NV (EURN), GasLog Ltd (GLOG), Frontline (FRO), GasLog Partners LP (GLOP), Golden Ocean Group Ltd (GOGL), Costamare (CMRE), Nordic American Tanker Ltd (NAT), Scorpio Tankers (STNG), KNOT Offshore Partners LP (KNOP), Seaspan (SSW), Hoegh LNG Partners LP (HMLP), Dynagas LNG Partners LP (DLNG), Teekay (TK) and Star Bulk Carriers Corp. (SBLK).
Who owns Golar LNG Partners LP stock?
Golar LNG Partners LP's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 bought 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 $21.03.
Earnings History for Golar LNG Partners LP (NASDAQ:GMLP)Earnings History by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for Golar LNG Partners LP (NASDAQ:GMLP)
2017 EPS Consensus Estimate: $2.42
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Golar LNG Partners LP (NASDAQ:GMLP)
|Most Recent Dividend:||5/12/2017|
|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 History by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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)
|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
Golar LNG Partners LP (GMLP) Chart for Wednesday, May, 24, 2017