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.
Industry, Sector and Symbol
Industry Water transportation
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:GMLP
CUSIPN/A
Phone1-441-295-4705
Debt
Debt-to-Equity Ratio1.93
Current Ratio1.73
Quick Ratio1.71
Price-To-Earnings
Trailing P/E Ratio8.18
Forward P/E Ratio12.60
P/E Growth1.59
Sales & Book Value
Annual Sales$433.10 million
Price / Sales2.48
Cash Flow$3.3559 per share
Price / Cash4.58
Book Value$10.11 per share
Price / Book1.52
Profitability
EPS (Most Recent Fiscal Year)$1.88
Net Income$129.28 million
Net Margins29.68%
Return on Equity16.74%
Return on Assets5.00%
Miscellaneous
Employees473
Outstanding Shares69,770,000
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 Friday, April 27th. Shareholders of record on Monday, May 7th will be given a dividend of $0.5775 per share on Monday, May 14th. This represents a $2.31 annualized dividend and a yield of 15.03%. The ex-dividend date is Friday, May 4th. View Golar LNG Partners' Dividend History.
How will Golar LNG Partners' stock buyback program work?
Golar LNG Partners announced that its board has authorized a stock repurchase program 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 buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its stock is undervalued.
How were Golar LNG Partners' earnings last quarter?
Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings data on Thursday, May, 31st. The shipping company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.12. The shipping company had revenue of $74.21 million for the quarter, compared to analyst estimates of $77.64 million. Golar LNG Partners had a net margin of 29.68% and a return on equity of 16.74%. View Golar LNG Partners' Earnings History.
When is Golar LNG Partners' next earnings date?
What price target have analysts set for GMLP?
6 equities research analysts have issued 1-year target prices for Golar LNG Partners' stock. Their forecasts range from $17.00 to $26.00. On average, they expect Golar LNG Partners' share price to reach $21.80 in the next year. View Analyst Ratings for Golar LNG Partners.
Who are some of Golar LNG Partners' key competitors?
Some companies that are related to Golar LNG Partners include Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), KNOT Offshore Partners (KNOP), Tidewater (TDW), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT), Teekay Tankers (TNK) and Dynagas LNG Partners (DLNG).
Who are Golar LNG Partners' key executives?
Golar LNG Partners' management team includes the folowing people:
- Mr. Brian Tienzo, CEO, CFO & Principal Accounting Officer (Age 44)
- Mr. Øistein Dahl, Chief Operating Officer (Age 57)
- Mr. Michael Ashford, Company Sec. & Director (Age 71)
Has Golar LNG Partners been receiving favorable news coverage?
News articles about GMLP stock have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Golar LNG Partners earned a news impact score of 0.18 on Accern's scale. They also gave news coverage about the shipping company an impact score of 45.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Golar LNG Partners' major shareholders?
Golar LNG Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (2.72%), JPMorgan Chase & Co. (1.38%), Cannell Peter B & Co. Inc. (1.05%), Eagle Global Advisors LLC (0.82%), Stifel Financial Corp (0.67%) and Guggenheim Capital LLC (0.27%). View Institutional Ownership Trends for Golar LNG Partners.
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., Kayne Anderson Capital Advisors LP, Eagle Global Advisors LLC, Guggenheim Capital LLC, Wells Fargo & Company MN, Hussman Strategic Advisors Inc., UBS Group AG and Stifel Financial Corp. View Insider Buying and Selling for Golar LNG Partners.
Which major investors are buying Golar LNG Partners stock?
GMLP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Millennium Management LLC, State of New Jersey Common Pension Fund D, GSA Capital Partners LLP, Wedbush Securities Inc., Wasatch Advisors Inc., Koch Industries Inc. and Northern Trust Corp. View Insider Buying and Selling for Golar LNG Partners.
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 $15.37.
How big of a company is Golar LNG Partners?
Golar LNG Partners has a market capitalization of $1.08 billion 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 473 workers across the globe.
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 (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.
