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

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$11.79 -0.03 (-0.25 %)
(As of 12/17/2018 02:52 AM ET)
Previous Close$11.79
Today's Range$11.6602 - $11.91
52-Week Range$11.44 - $23.46
Volume277,668 shs
Average Volume413,849 shs
Market Capitalization$840.47 million
P/E Ratio6.27
Dividend Yield13.71%
Beta0.87
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

Stock Exchange NASDAQ
Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:GMLP
Previous Symbol
CUSIPN/A
Phone1-441-295-4705

Debt

Debt-to-Equity Ratio1.65
Current Ratio0.55
Quick Ratio0.54

Price-To-Earnings

Trailing P/E Ratio6.27
Forward P/E Ratio11.79
P/E Growth1.48

Sales & Book Value

Annual Sales$433.10 million
Price / Sales1.94
Cash Flow$3.3782 per share
Price / Cash Flow3.49
Book Value$10.11 per share
Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$1.88
Net Income$129.28 million
Net Margins32.94%
Return on Equity16.95%
Return on Assets5.04%

Miscellaneous

Employees523
Outstanding Shares71,290,000
Market Cap$840.47 million
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 announced a quarterly dividend on Wednesday, October 24th. Stockholders of record on Wednesday, November 7th will be paid a dividend of $0.404 per share on Wednesday, November 14th. This represents a $1.62 annualized dividend and a dividend yield of 13.71%. The ex-dividend date of this dividend is Tuesday, November 6th. View Golar LNG Partners' Dividend History.

How will Golar LNG Partners' stock buyback program work?

Golar LNG Partners announced that its Board of Directors has authorized a stock buyback plan on Tuesday, March 6th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans 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) announced its quarterly earnings data on Monday, November, 5th. The shipping company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.39. The shipping company had revenue of $108.23 million for the quarter, compared to the consensus estimate of $89.64 million. Golar LNG Partners had a return on equity of 16.95% and a net margin of 32.94%. 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 Wednesday, February 27th 2019. View Earnings Estimates for Golar LNG Partners.

What price target have analysts set for GMLP?

10 equities research analysts have issued twelve-month target prices for Golar LNG Partners' stock. Their predictions range from $13.00 to $26.00. On average, they anticipate Golar LNG Partners' share price to reach $18.75 in the next year. This suggests a possible upside of 59.0% 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 8 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?

Media coverage about GMLP stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Golar LNG Partners earned a news impact score of 1.0 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are some of Golar LNG Partners' key competitors?

Who are Golar LNG Partners' key executives?

Golar LNG Partners' management team includes the folowing people:
  • Mr. Brian Tienzo, Chief Exec. Officer & Chief Financial Officer (Age 44)
  • Mr. Øistein Dahl, Chief Operating Officer (Age 57)
  • Mr. Michael Ashford, Company Sec. & Director (Age 71)

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Huber Capital Management LLC (2.81%), Kayne Anderson Capital Advisors LP (1.68%), JPMorgan Chase & Co. (1.27%), JPMorgan Chase & Co. (1.27%), McGowan Group Asset Management Inc. (1.23%) and Morgan Stanley (0.78%).

Which major investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Cannell Peter B & Co. Inc., SG Americas Securities LLC, Spirit of America Management Corp NY, Kayne Anderson Capital Advisors LP, JPMorgan Chase & Co., JPMorgan Chase & Co., Bramshill Investments LLC and Muhlenkamp & Co. Inc..

Which major investors are buying Golar LNG Partners stock?

GMLP stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Virtus Alternative Investment Advisers Inc., Huber Capital Management LLC, Duff & Phelps Investment Management Co., Renaissance Technologies LLC, Morgan Stanley, GSA Capital Partners LLP and Rafferty Asset 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 $11.79.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $840.47 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?

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:  233 (Vote Outperform)
Underperform Votes:  330 (Vote Underperform)
Total Votes:  563
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 12/17/2018 by MarketBeat.com Staff

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