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.
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Industry, Sector and Symbol
Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
Phone441-295-4705
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$346.65 million
Profitability
Miscellaneous
Employees1
Next Earnings Date11/4/2019 (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 Tuesday, July 23rd. Investors of record on Wednesday, August 7th will be given a dividend of $0.404 per share on Wednesday, August 14th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 15.78%. The ex-dividend date is Tuesday, August 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 share buyback program on Tuesday, March 6th 2018, which allows the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its stock is undervalued.
How were Golar LNG Partners' earnings last quarter?
Golar LNG Partners LP (NASDAQ:GMLP) issued its earnings results on Thursday, August, 23rd. The shipping company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.14. The shipping company had revenue of $84.20 million for the quarter, compared to the consensus estimate of $81.17 million. Golar LNG Partners had a net margin of 2.83% and a return on equity of 9.23%. View Golar LNG Partners' Earnings History.
When is Golar LNG Partners' next earnings date?
What price target have analysts set for GMLP?
5 brokers have issued twelve-month price objectives for Golar LNG Partners' shares. Their forecasts range from $10.00 to $14.00. On average, they expect Golar LNG Partners' stock price to reach $11.33 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Golar LNG Partners.
What is the consensus analysts' recommendation for Golar LNG Partners?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golar LNG Partners in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating 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 stories about GMLP stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Golar LNG Partners earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Golar LNG Partners.
Are investors shorting Golar LNG Partners?
Golar LNG Partners saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,090,000 shares, an increase of 16.3% from the August 30th total of 937,600 shares. Based on an average daily trading volume, of 264,700 shares, the short-interest ratio is presently 4.1 days. Currently, 2.2% of the shares of the stock are short sold. View Golar LNG Partners' Current Options Chain.
Who are some of Golar LNG Partners' key competitors?
Some companies that are related to Golar LNG Partners include Matson (MATX), Golar LNG (GLNG), GasLog (GLOG), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Golden Ocean Group (GOGL), International Seaways (INSW), KNOT Offshore Partners (KNOP), Teekay Offshore Partners (TOO), Tidewater (TDW), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), Teekay Tankers (TNK), Dynagas LNG Partners (DLNG) and Odyssey Marine Exploration (OMEX).
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. Ãistein 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 retail and institutional investors. Top institutional shareholders include Old Port Advisors (0.02%).
Which major investors are selling Golar LNG Partners stock?
GMLP stock was sold by a variety of institutional investors in the last quarter, including Old Port Advisors.
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, Robinhood, Fidelity and Charles Schwab.
What is Golar LNG Partners' stock price today?
One share of GMLP stock can currently be purchased for approximately $10.24.
How big of a company is Golar LNG Partners?
Golar LNG Partners has a market capitalization of $725.91 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.View Additional Information About Golar LNG Partners.
What is Golar LNG Partners' official website?
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)
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.
