Golar LNG Partners LP Company Profile (NASDAQ:GMLP)

About Golar LNG Partners LP (NASDAQ:GMLP)

Golar LNG Partners LP logoGolar 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:
  • Sector: Oils/Energy
  • Industry: LNG Transportation & Storage
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GMLP
  • CUSIP: N/A
  • Web: www.golarlngpartners.com
Capitalization:
  • Market Cap: $1.56 billion
  • Outstanding Shares: 70,661,000
Average Prices:
  • 50 Day Moving Avg: $21.03
  • 200 Day Moving Avg: $21.24
  • 52 Week Range: $18.32 - $25.82
P/E:
  • Trailing P/E Ratio: 7.25
  • Foreward P/E Ratio: 13.83
  • P/E Growth: 1.11
Sales & Book Value:
  • Annual Revenue: $466.14 million
  • Price / Sales: 3.35
  • Book Value: $9.33 per share
  • Price / Book: 2.37
Dividend:
  • Annual Dividend: $2.31
  • Dividend Yield: 10.5%
Profitability:
  • EBIDTA: $388.08 million
  • Net Margins: 43.94%
  • Return on Equity: 31.69%
  • Return on Assets: 9.02%
Debt:
  • Debt-to-Equity Ratio: 2.01%
  • Current Ratio: 1.78%
  • Quick Ratio: 1.77%
Misc:
  • Average Volume: 246,761 shs.
  • Beta: 0.94
  • Short Ratio: 12.02
 

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 Monday, July 24th. Stockholders of record on Friday, August 4th will be given a dividend of $0.5775 per share on Monday, August 14th. This represents a $2.31 dividend on an annualized basis and a dividend yield of 10.44%. The ex-dividend date is Wednesday, August 2nd. View Golar LNG Partners LP's Dividend History.

How were Golar LNG Partners LP's earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) issued its earnings results on Wednesday, August, 30th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.12. Golar LNG Partners LP had a net margin of 43.94% and a return on equity of 31.69%. View Golar LNG Partners LP's Earnings History.

When will Golar LNG Partners LP make its next earnings announcement?

Golar LNG Partners LP is scheduled to release their next quarterly earnings announcement on Tuesday, November, 28th 2017. View Earnings Estimates for Golar LNG Partners LP.

Where is Golar LNG Partners LP's stock going? Where will Golar LNG Partners LP's stock price be in 2017?

4 brokerages have issued 1 year price objectives for Golar LNG Partners LP's shares. Their predictions range from $22.00 to $26.00. On average, they expect Golar LNG Partners LP's stock price to reach $23.25 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. " (9/1/2017)
  • 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)

Who are some of Golar LNG Partners LP's key competitors?

Who are Golar LNG Partners LP's key executives?

Golar LNG Partners LP's management team includes the folowing people:

  • Tor Olav Troim, Chairman of the Board
  • Graham Robjohns, Principal Executive Officer
  • Brian Tienzo, Principal Financial Officer, Principal Accounting Officer
  • Oistein Dahl, Chief Operating Officer
  • Georgina E. Sousa, Secretary
  • Jeremy R. Kramer, Director
  • Paul Matison Leand Jr., Director
  • Lori Wheeler Naess, Director
  • Carl Erik Steen, Director
  • Alf C. Thorkildsen, Director

Who owns Golar LNG Partners LP stock?

Golar LNG Partners LP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (6.06%), Huber Capital Management LLC (2.50%), FMR LLC (1.77%), Eagle Global Advisors LLC (1.77%), Advisory Research Inc. (1.55%) and Goldman Sachs Group Inc. (1.30%). 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 JPMorgan Chase & Co., Cannell Peter B & Co. Inc., Kayne Anderson Capital Advisors LP, Wells Fargo & Company MN, Van ECK Associates Corp, Arrow Investment Advisors LLC, Stifel Financial Corp and Eagle Global Advisors LLC. 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 First Trust Advisors LP, Goldman Sachs Group Inc., Huber Capital Management LLC, Rafferty Asset Management LLC, Arrowstreet Capital Limited Partnership, Hussman Strategic Advisors Inc., FMR LLC and Summit Securities Group 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.

What is Golar LNG Partners LP's stock price today?

One share of Golar LNG Partners LP stock can currently be purchased for approximately $22.12.


MarketBeat Community Rating for Golar LNG Partners LP (NASDAQ GMLP)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  173 (Vote Underperform)
Total Votes:  310
MarketBeat's community ratings are surveys of what our community members think about Golar LNG Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Golar LNG Partners LP (NASDAQ:GMLP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $23.25 (5.11% upside)

Analysts' Ratings History for Golar LNG Partners LP (NASDAQ:GMLP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/22/2017Jefferies Group LLCReiterated RatingBuyMediumView Rating Details
8/17/2017Stifel NicolausSet Price TargetHold$23.00LowView Rating Details
6/13/2017Morgan StanleyReiterated RatingEqual Weight$24.00 -> $22.00HighView Rating Details
5/30/2017Seaport Global SecuritiesReiterated RatingNeutral$22.00HighView Rating Details
9/22/2015DanskeInitiated CoverageBuy$24.00N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Golar LNG Partners LP (NASDAQ:GMLP)
Earnings by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)
Earnings History by Quarter for Golar LNG Partners LP (NASDAQ GMLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/28/2017N/AView Earnings Details
8/30/2017Q2 2017$0.64$0.76ViewN/AView Earnings Details
5/31/20173/31/2017$0.46$0.35$100.79 million$101.39 millionViewN/AView Earnings Details
2/28/201712/31/2016$0.71$1.12$115.30 million$114.94 millionViewListenView Earnings Details
8/26/2015Q2$0.67$0.90$103.02 million$105.72 millionViewListenView Earnings Details
2/24/2015Q4 2014$0.72$0.80$102.66 million$102.24 millionViewListenView Earnings Details
11/26/2014Q3 2014$0.77$1.47$102.86 million$104.51 millionViewN/AView Earnings Details
8/26/2014Q2 2014$0.66$0.83$101.92 million$101.59 millionViewN/AView Earnings Details
5/28/2014Q1 2014$0.50$0.72$89.09 million$87.69 millionViewListenView Earnings Details
11/27/2013Q3$0.58$0.87ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Golar LNG Partners LP (NASDAQ:GMLP)
2017 EPS Consensus Estimate: $2.22
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.48$0.53$0.51
Q2 20172$0.62$0.69$0.66
Q3 20172$0.55$0.58$0.57
Q4 20172$0.49$0.49$0.49
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Golar LNG Partners LP (NASDAQ:GMLP)
Most Recent Dividend:8/14/2017
Annual Dividend:$2.31
Dividend Yield:10.44%
Payout Ratio:82.21% (Trailing 12 Months of Earnings)
116.67% (Based on This Year's Estimates)
144.38% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Golar LNG Partners LP (NASDAQ:GMLP)

Dividend History by Quarter for Golar LNG Partners LP (NASDAQ GMLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/24/2017quarterly$0.5810.66%8/2/20178/4/20178/14/2017
4/26/2017quarterly$0.5810.3%5/3/20175/5/20175/12/2017
1/27/2017quarterly$0.589.38%2/3/20172/7/20172/14/2017
10/25/2016quarterly$0.5810.6%11/3/201611/7/201611/14/2016
7/25/2016quarterly$0.5812.15%8/3/20168/5/20168/12/2016
4/26/2016quarterly$0.5812.99%5/4/20165/6/20165/13/2016
1/27/2016quarterly$0.5816.67%2/3/20162/5/20162/12/2016
10/28/2015quarterly$0.5813.16%11/4/201511/6/201511/13/2015
7/28/2015quarterly$0.5810.22%8/5/20158/7/20158/14/2015
4/27/2015quarterly$0.587.84%5/5/20155/7/20155/14/2015
1/28/2015quarterly$0.568.5%2/3/20152/5/20152/13/2015
10/29/2014quarterly$0.5511/7/201411/14/2014
7/17/2014quarterly$0.556.11%7/29/20147/31/20148/12/2014
4/25/2014quarterly$0.526.87%5/1/20145/5/20145/14/2014
1/28/2014quarterly$0.526.79%2/4/20142/6/20142/14/2014
10/25/2013quarterly$0.526.6%10/31/201311/4/201311/14/2013
7/26/2013quarterly$0.526.4%8/1/20138/5/20138/14/2013
4/30/2013quarterly$0.526.31%5/7/20135/9/20135/16/2013
1/23/2013quarterly$0.506.24%1/30/20132/1/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Golar LNG Partners LP (NASDAQ:GMLP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Golar LNG Partners LP (NASDAQ:GMLP)
Latest Headlines for Golar LNG Partners LP (NASDAQ:GMLP)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Golar LNG Partners LP : September 14, 2017
finance.yahoo.com - September 14 at 7:49 PM
finance.yahoo.com logoGolar LNG Partners LP :GMLP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 14 at 2:24 AM
americanbankingnews.com logo Analysts Anticipate Golar LNG Partners LP (GMLP) Will Announce Quarterly Sales of $109.21 Million
www.americanbankingnews.com - September 13 at 11:42 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 13 at 6:38 AM
seekingalpha.com logoAn 11% Yield, Record Earnings And Strong Coverage For This High ... - Seeking Alpha
seekingalpha.com - September 12 at 7:59 PM
americanbankingnews.com logoZacks: Brokerages Expect Golar LNG Partners LP (GMLP) to Announce $0.59 EPS
www.americanbankingnews.com - September 11 at 8:28 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for Golar LNG Partners LP's FY2017 Earnings (GMLP)
www.americanbankingnews.com - September 4 at 3:02 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - September 3 at 10:56 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - September 1 at 11:26 PM
seekingalpha.com logoGolar LNG Partners - A 10% Bond Until Hilli - Seeking Alpha
seekingalpha.com - September 1 at 12:02 AM
finance.yahoo.com logoGolar LNG Partners LP : GMLP-US: Dividend Analysis : August 04th, 2017 (record date) : By the numbers : August 31, 2017
finance.yahoo.com - August 31 at 7:01 PM
finance.yahoo.com logoEdited Transcript of GMLP earnings conference call or presentation 30-Aug-17 3:30pm GMT
finance.yahoo.com - August 31 at 2:29 AM
seekingalpha.com logoGolar LNG Partners' (GMLP) CEO Graham Robjohns on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 30 at 9:29 PM
seekingalpha.com logoGolar LNG's (GMLP) CEO Graham Robjohns on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 30 at 4:27 PM
finance.yahoo.com logoInvestor Network: Golar LNG Partners LP to Host Earnings Call
finance.yahoo.com - August 30 at 4:27 PM
finance.yahoo.com logoGolar LNG Partners LP breached its 50 day moving average in a Bullish Manner : GMLP-US : August 30, 2017
finance.yahoo.com - August 30 at 4:27 PM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Releases Earnings Results, Beats Expectations By $0.12 EPS
www.americanbankingnews.com - August 30 at 10:26 AM
americanbankingnews.com logoSeaport Global Securities Weighs in on Golar LNG Partners LP's Q2 2017 Earnings (GMLP)
www.americanbankingnews.com - August 30 at 6:29 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Expected to Announce Quarterly Sales of $110.78 Million
www.americanbankingnews.com - August 25 at 3:44 AM
finance.yahoo.com logoGolar LNG Partners LP: Q2 2017 results presentation
finance.yahoo.com - August 23 at 6:10 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - August 22 at 3:02 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 6:50 AM
finance.yahoo.com logoGolar LNG Partners LP – Value Analysis (NASDAQ:GMLP) : August 19, 2017
finance.yahoo.com - August 19 at 12:01 AM
americanbankingnews.com logoGolar LNG Partners LP (GMLP) Given a $23.00 Price Target at Stifel Nicolaus
www.americanbankingnews.com - August 18 at 6:26 PM
finance.yahoo.com logoGolar LNG Partners L.P. - Acquisition of an Interest in the FLNG, Hilli Episeyo
finance.yahoo.com - August 16 at 7:13 PM
finance.yahoo.com logoGolar LNG Partners LP breached its 50 day moving average in a Bearish Manner : GMLP-US : August 8, 2017
finance.yahoo.com - August 8 at 6:48 PM
americanbankingnews.com logoReviewing Golar LNG Partners (NASDAQ:GMLP) and Navigator Holdings (NVGS)
www.americanbankingnews.com - August 7 at 6:28 PM
americanbankingnews.com logoGolar LNG Partners LP (NASDAQ:GMLP) Expected to Post Earnings of $0.60 Per Share
www.americanbankingnews.com - August 5 at 12:44 PM
americanbankingnews.com logoAnalyzing Golar LNG Partners (GMLP) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - August 3 at 7:52 AM
nasdaq.com logoGolar LNG Partners LP (GMLP) Ex-Dividend Date Scheduled for August 02, 2017 - Nasdaq
www.nasdaq.com - August 2 at 3:44 PM
nasdaq.com logoEx-Dividend Reminder: Wells Fargo, Pinnacle Financial Partners ... - Nasdaq
www.nasdaq.com - July 31 at 3:19 PM
americanbankingnews.com logoReviewing Golar LNG Partners (NASDAQ:GMLP) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - July 31 at 9:42 AM
americanbankingnews.com logoGolar LNG Partners (GMLP) and GasLog LP. (GLOG) Head to Head Contrast
www.americanbankingnews.com - July 28 at 2:31 PM
nasdaq.com logoGMLP Makes Bullish Cross Above Critical Moving Average
www.nasdaq.com - July 27 at 12:41 AM
americanbankingnews.com logoHess Midstream Partners (HESM) and Golar LNG Partners (GMLP) Critical Comparison
www.americanbankingnews.com - July 25 at 12:24 PM
americanbankingnews.com logoGolar LNG Partners LP (NASDAQ:GMLP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 9:41 AM
americanbankingnews.com logoGolar LNG Partners LP Plans Quarterly Dividend of $0.58 (NASDAQ:GMLP)
www.americanbankingnews.com - July 24 at 4:26 PM
americanbankingnews.com logoGasLog LP. (GLOG) versus Golar LNG Partners (NASDAQ:GMLP) Head-To-Head Contrast
www.americanbankingnews.com - July 22 at 8:22 PM
feeds.benzinga.com logoGolar LNG Partners LP Second Quarter 2017 Cash Distribution
feeds.benzinga.com - July 21 at 9:16 AM
americanbankingnews.com logoZacks: Analysts Expect Golar LNG Partners LP (NASDAQ:GMLP) Will Post Quarterly Sales of $110.78 Million
www.americanbankingnews.com - July 16 at 9:02 AM
americanbankingnews.com logoGolar LNG Partners' (GMLP) "Hold" Rating Reiterated at Stifel Nicolaus
www.americanbankingnews.com - July 15 at 10:34 AM
americanbankingnews.com logo Analysts Anticipate Golar LNG Partners LP (GMLP) to Post $0.60 EPS
www.americanbankingnews.com - July 14 at 12:42 PM
nasdaq.com logoGolar LNG Partners LP - Charter Amendment - Nasdaq
www.nasdaq.com - July 12 at 7:49 PM
finance.yahoo.com logoGolar LNG Partners L.P. - Charter Amendment
finance.yahoo.com - July 12 at 7:49 PM
seekingalpha.com logoGolar LNG Partners: Major Milestone Reached - Seeking Alpha
seekingalpha.com - July 10 at 7:05 PM
finance.yahoo.com logoShould Value Investors Consider Golar LNG (GMLP) Stock Now?
finance.yahoo.com - July 10 at 7:05 PM
americanbankingnews.com logoHead-To-Head Analysis: Golar LNG Partners (NASDAQ:GMLP) vs. Rice Midstream Partners (RMP)
www.americanbankingnews.com - July 10 at 12:21 PM
finance.yahoo.com logoGolar LNG Partners LP breached its 50 day moving average in a Bullish Manner : GMLP-US : July 4, 2017
finance.yahoo.com - July 5 at 7:45 AM
finance.yahoo.com logoWhy Analysts Are Most Bullish on Golar LNG
finance.yahoo.com - July 3 at 6:47 PM
finance.yahoo.com logoWhy Analysts Are Still Bullish on Golar LNG Partners
finance.yahoo.com - June 30 at 3:22 PM

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Golar LNG Partners LP (GMLP) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff