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

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$11.58 +0.01 (+0.09 %)
(As of 05/26/2019 07:39 AM ET)
Previous Close$11.58
Today's Range$11.55 - $11.67
52-Week Range$10.23 - $20.50
Volume82,782 shs
Average Volume284,649 shs
Market Capitalization$820.93 million
P/E Ratio11.03
Dividend Yield14.00%
Beta1.14
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 March 15, 2019, 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
Phone441-295-4705

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$346.65 million
Cash Flow$2.5065 per share
Book Value$8.79 per share

Profitability

Net Income$73.19 million

Miscellaneous

Employees1
Market Cap$820.93 million
Next Earnings Date8/22/2019 (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 Thursday, April 25th. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.4042 per share on Tuesday, May 14th. This represents a $1.62 annualized dividend and a dividend yield of 13.96%. The ex-dividend date of this dividend is Monday, May 6th. View Golar LNG Partners' Dividend History.

How will Golar LNG Partners' stock buyback program work?

Golar LNG Partners declared that its Board of Directors has approved a share repurchase plan on Tuesday, March 6th 2018, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings results on Tuesday, May, 21st. The shipping company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.02. The shipping company earned $68.05 million during the quarter, compared to analysts' expectations of $70.94 million. Golar LNG Partners had a return on equity of 10.38% and a net margin of 12.69%. 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, August 22nd 2019. View Earnings Estimates for Golar LNG Partners.

What price target have analysts set for GMLP?

9 brokers have issued 1-year price objectives for Golar LNG Partners' shares. 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 year. This suggests a possible upside of 31.0% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.

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

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?

News headlines about GMLP stock have been trending negative on Sunday, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Golar LNG Partners earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the company's share price in the near future.

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 many different of institutional and retail investors. Top institutional investors include OppenheimerFunds Inc. (8.88%), Kayne Anderson Capital Advisors LP (1.58%), Morgan Stanley (0.47%), Muhlenkamp & Co. Inc. (0.34%), Duff & Phelps Investment Management Co. (0.30%) and Goldman Sachs Group Inc. (0.25%).

Which institutional investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Kayne Anderson Capital Advisors LP, Goldman Sachs Group Inc., Renaissance Technologies LLC, Wells Fargo & Company MN, Old Port Advisors, California Public Employees Retirement System and PNC Financial Services Group Inc..

Which institutional investors are buying Golar LNG Partners stock?

GMLP stock was purchased by a variety of institutional investors in the last quarter, including Muhlenkamp & Co. Inc., Coastal Investment Advisors Inc., Duff & Phelps Investment Management Co., OppenheimerFunds Inc., Eqis Capital Management Inc., HighTower Advisors LLC, M&T Bank Corp and SCP Investment LP.

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 $11.58.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $820.93 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. Golar LNG Partners employs 1 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 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:  255 (Vote Outperform)
Underperform Votes:  366 (Vote Underperform)
Total Votes:  621
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 5/26/2019 by MarketBeat.com Staff

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