Golar 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: $1.58 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: 7.26
- Foreward P/E Ratio: 13.98
- P/E Growth: 1.12
Sales & Book Value:- Annual Revenue: $466.14 million
- Price / Sales: 3.39
- Book Value: $9.33 per share
- Price / Book: 2.40
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. Shareholders 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 annualized dividend and a dividend yield of 10.33%. The ex-dividend date of this dividend 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) announced its earnings results on Wednesday, August, 30th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.12. Golar LNG Partners LP had a return on equity of 31.69% and a net margin of 43.94%. View Golar LNG Partners LP's Earnings History.
When will Golar LNG Partners LP make its next earnings announcement?
Where is Golar LNG Partners LP's stock going? Where will Golar LNG Partners LP's stock price be in 2017?
4 analysts have issued 1 year target prices for Golar LNG Partners LP's stock. Their forecasts range from $22.00 to $26.00. On average, they anticipate 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?
Some companies that are related to Golar LNG Partners LP include Genesis Energy, L.P. (GEL), EnLink Midstream, LLC (ENLC), Laredo Petroleum (LPI), Sunoco LP (SUN), Kosmos Energy (KOS), PDC Energy (PDCE), Southwestern Energy Company (SWN), Peabody Energy Corporation (BTU), Tullow Oil PLC (TUWOY), Ormat Technologies (ORA), PBF Energy (PBF), Valero Energy Partners LP (VLP), Jagged Peak Energy (JAG), Vallourec SA (VLOWY), Gulfport Energy Corporation (GPOR), Matador Resources Company (MTDR), Oceaneering International (OII) and World Fuel Services Corporation (INT).
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 number 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 $22.37.
MarketBeat Community Rating for Golar LNG Partners LP (NASDAQ GMLP)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.
Consensus Ratings for Golar LNG Partners LP (NASDAQ:GMLP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $23.25 (3.93% upside) |
Analysts' Ratings History for Golar LNG Partners LP (NASDAQ:GMLP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/22/2017 | Jefferies Group LLC | Reiterated Rating | Buy | | Medium |  |
| 8/17/2017 | Stifel Nicolaus | Set Price Target | Hold | $23.00 | Low | |
| 6/13/2017 | Morgan Stanley | Reiterated Rating | Equal Weight | $24.00 -> $22.00 | High | |
| 5/30/2017 | Seaport Global Securities | Reiterated Rating | Neutral | $22.00 | High | |
| 9/22/2015 | Danske | Initiated Coverage | Buy | $24.00 | N/A | |
(Data available from 9/22/2015 forward)
Earnings History for Golar LNG Partners LP (NASDAQ:GMLP)Earnings History by Quarter for Golar LNG Partners LP (NASDAQ GMLP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/28/2017 | | | | | | | N/A | |
| 8/30/2017 | Q2 2017 | $0.64 | $0.76 | | | View | N/A | |
| 5/31/2017 | 3/31/2017 | $0.46 | $0.35 | $100.79 million | $101.39 million | View | N/A | |
| 2/28/2017 | 12/31/2016 | $0.71 | $1.12 | $115.30 million | $114.94 million | View | Listen | |
| 8/26/2015 | Q2 | $0.67 | $0.90 | $103.02 million | $105.72 million | View | Listen | |
| 2/24/2015 | Q4 2014 | $0.72 | $0.80 | $102.66 million | $102.24 million | View | Listen | |
| 11/26/2014 | Q3 2014 | $0.77 | $1.47 | $102.86 million | $104.51 million | View | N/A | |
| 8/26/2014 | Q2 2014 | $0.66 | $0.83 | $101.92 million | $101.59 million | View | N/A | |
| 5/28/2014 | Q1 2014 | $0.50 | $0.72 | $89.09 million | $87.69 million | View | Listen | |
| 11/27/2013 | Q3 | $0.58 | $0.87 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Golar LNG Partners LP (NASDAQ:GMLP)2017 EPS Consensus Estimate: $2.22
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.48 | $0.53 | $0.51 |
| Q2 2017 | 2 | $0.62 | $0.69 | $0.66 |
| Q3 2017 | 2 | $0.55 | $0.58 | $0.57 |
| Q4 2017 | 2 | $0.49 | $0.49 | $0.49 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Golar LNG Partners LP (NASDAQ:GMLP)| Most Recent Dividend: | 8/14/2017 |
| Annual Dividend: | $2.31 |
| Dividend Yield: | 10.33% |
| 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 History by Quarter for Golar LNG Partners LP (NASDAQ GMLP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/24/2017 | quarterly | $0.58 | 10.66% | 8/2/2017 | 8/4/2017 | 8/14/2017 |
| 4/26/2017 | quarterly | $0.58 | 10.3% | 5/3/2017 | 5/5/2017 | 5/12/2017 |
| 1/27/2017 | quarterly | $0.58 | 9.38% | 2/3/2017 | 2/7/2017 | 2/14/2017 |
| 10/25/2016 | quarterly | $0.58 | 10.6% | 11/3/2016 | 11/7/2016 | 11/14/2016 |
| 7/25/2016 | quarterly | $0.58 | 12.15% | 8/3/2016 | 8/5/2016 | 8/12/2016 |
| 4/26/2016 | quarterly | $0.58 | 12.99% | 5/4/2016 | 5/6/2016 | 5/13/2016 |
| 1/27/2016 | quarterly | $0.58 | 16.67% | 2/3/2016 | 2/5/2016 | 2/12/2016 |
| 10/28/2015 | quarterly | $0.58 | 13.16% | 11/4/2015 | 11/6/2015 | 11/13/2015 |
| 7/28/2015 | quarterly | $0.58 | 10.22% | 8/5/2015 | 8/7/2015 | 8/14/2015 |
| 4/27/2015 | quarterly | $0.58 | 7.84% | 5/5/2015 | 5/7/2015 | 5/14/2015 |
| 1/28/2015 | quarterly | $0.56 | 8.5% | 2/3/2015 | 2/5/2015 | 2/13/2015 |
| 10/29/2014 | quarterly | $0.55 | | | 11/7/2014 | 11/14/2014 |
| 7/17/2014 | quarterly | $0.55 | 6.11% | 7/29/2014 | 7/31/2014 | 8/12/2014 |
| 4/25/2014 | quarterly | $0.52 | 6.87% | 5/1/2014 | 5/5/2014 | 5/14/2014 |
| 1/28/2014 | quarterly | $0.52 | 6.79% | 2/4/2014 | 2/6/2014 | 2/14/2014 |
| 10/25/2013 | quarterly | $0.52 | 6.6% | 10/31/2013 | 11/4/2013 | 11/14/2013 |
| 7/26/2013 | quarterly | $0.52 | 6.4% | 8/1/2013 | 8/5/2013 | 8/14/2013 |
| 4/30/2013 | quarterly | $0.52 | 6.31% | 5/7/2013 | 5/9/2013 | 5/16/2013 |
| 1/23/2013 | quarterly | $0.50 | 6.24% | 1/30/2013 | 2/1/2013 | 2/14/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Golar LNG Partners LP (NASDAQ:GMLP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Golar LNG Partners LP (NASDAQ:GMLP)
Latest Headlines for Golar LNG Partners LP (NASDAQ:GMLP)
| Source: |
|
| Date | Headline |
|---|
 | Earnings Review and Free Research Report: Golar LNG Partners’ Diluted EPS Increased 73.3%
finance.yahoo.com - September 22 at 2:27 PM |
| ETFs with exposure to Golar LNG Partners LP : September 14, 2017
finance.yahoo.com - September 14 at 7:49 PM |
| Golar LNG Partners LP :GMLP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017
finance.yahoo.com - September 14 at 2:24 AM |
 | Analysts Anticipate Golar LNG Partners LP (GMLP) Will Announce Quarterly Sales of $109.21 Million
www.americanbankingnews.com - September 13 at 11:42 AM |
| Golar LNG Partners LP (GMLP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 13 at 6:38 AM |
 | An 11% Yield, Record Earnings And Strong Coverage For This High ... - Seeking Alpha
seekingalpha.com - September 12 at 7:59 PM |
| Zacks: Brokerages Expect Golar LNG Partners LP (GMLP) to Announce $0.59 EPS
www.americanbankingnews.com - September 11 at 8:28 AM |
| Equities Analysts Offer Predictions for Golar LNG Partners LP's FY2017 Earnings (GMLP)
www.americanbankingnews.com - September 4 at 3:02 AM |
| Golar LNG Partners LP (GMLP) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - September 3 at 10:56 AM |
| Golar LNG Partners LP (GMLP) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - September 1 at 11:26 PM |
| Golar LNG Partners - A 10% Bond Until Hilli - Seeking Alpha
seekingalpha.com - September 1 at 12:02 AM |
| Golar 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 |
| Edited Transcript of GMLP earnings conference call or presentation 30-Aug-17 3:30pm GMT
finance.yahoo.com - August 31 at 2:29 AM |
| Golar LNG Partners' (GMLP) CEO Graham Robjohns on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 30 at 9:29 PM |
| Golar LNG's (GMLP) CEO Graham Robjohns on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 30 at 4:27 PM |
| Investor Network: Golar LNG Partners LP to Host Earnings Call
finance.yahoo.com - August 30 at 4:27 PM |
| Golar 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 |
| Golar LNG Partners LP (GMLP) Releases Earnings Results, Beats Expectations By $0.12 EPS
www.americanbankingnews.com - August 30 at 10:26 AM |
| Seaport Global Securities Weighs in on Golar LNG Partners LP's Q2 2017 Earnings (GMLP)
www.americanbankingnews.com - August 30 at 6:29 AM |
| Golar LNG Partners LP (GMLP) Expected to Announce Quarterly Sales of $110.78 Million
www.americanbankingnews.com - August 25 at 3:44 AM |
| Golar LNG Partners LP: Q2 2017 results presentation
finance.yahoo.com - August 23 at 6:10 AM |
| Golar LNG Partners LP (GMLP) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - August 22 at 3:02 AM |
| Golar LNG Partners LP (GMLP) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 6:50 AM |
| Golar LNG Partners LP – Value Analysis (NASDAQ:GMLP) : August 19, 2017
finance.yahoo.com - August 19 at 12:01 AM |
| Golar LNG Partners LP (GMLP) Given a $23.00 Price Target at Stifel Nicolaus
www.americanbankingnews.com - August 18 at 6:26 PM |
| Golar LNG Partners L.P. - Acquisition of an Interest in the FLNG, Hilli Episeyo
finance.yahoo.com - August 16 at 7:13 PM |
| Golar 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 |
| Reviewing Golar LNG Partners (NASDAQ:GMLP) and Navigator Holdings (NVGS)
www.americanbankingnews.com - August 7 at 6:28 PM |
| Golar LNG Partners LP (NASDAQ:GMLP) Expected to Post Earnings of $0.60 Per Share
www.americanbankingnews.com - August 5 at 12:44 PM |
| Analyzing Golar LNG Partners (GMLP) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - August 3 at 7:52 AM |
 | Golar LNG Partners LP (GMLP) Ex-Dividend Date Scheduled for August 02, 2017 - Nasdaq
www.nasdaq.com - August 2 at 3:44 PM |
| Ex-Dividend Reminder: Wells Fargo, Pinnacle Financial Partners ... - Nasdaq
www.nasdaq.com - July 31 at 3:19 PM |
| Reviewing Golar LNG Partners (NASDAQ:GMLP) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - July 31 at 9:42 AM |
| Golar LNG Partners (GMLP) and GasLog LP. (GLOG) Head to Head Contrast
www.americanbankingnews.com - July 28 at 2:31 PM |
| GMLP Makes Bullish Cross Above Critical Moving Average
www.nasdaq.com - July 27 at 12:41 AM |
| Hess Midstream Partners (HESM) and Golar LNG Partners (GMLP) Critical Comparison
www.americanbankingnews.com - July 25 at 12:24 PM |
| Golar LNG Partners LP (NASDAQ:GMLP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 9:41 AM |
| Golar LNG Partners LP Plans Quarterly Dividend of $0.58 (NASDAQ:GMLP)
www.americanbankingnews.com - July 24 at 4:26 PM |
| GasLog LP. (GLOG) versus Golar LNG Partners (NASDAQ:GMLP) Head-To-Head Contrast
www.americanbankingnews.com - July 22 at 8:22 PM |
 | Golar LNG Partners LP Second Quarter 2017 Cash Distribution
feeds.benzinga.com - July 21 at 9:16 AM |
| Zacks: 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 |
| Golar LNG Partners' (GMLP) "Hold" Rating Reiterated at Stifel Nicolaus
www.americanbankingnews.com - July 15 at 10:34 AM |
| Analysts Anticipate Golar LNG Partners LP (GMLP) to Post $0.60 EPS
www.americanbankingnews.com - July 14 at 12:42 PM |
| Golar LNG Partners LP - Charter Amendment - Nasdaq
www.nasdaq.com - July 12 at 7:49 PM |
| Golar LNG Partners L.P. - Charter Amendment
finance.yahoo.com - July 12 at 7:49 PM |
| Golar LNG Partners: Major Milestone Reached - Seeking Alpha
seekingalpha.com - July 10 at 7:05 PM |
| Should Value Investors Consider Golar LNG (GMLP) Stock Now?
finance.yahoo.com - July 10 at 7:05 PM |
| Head-To-Head Analysis: Golar LNG Partners (NASDAQ:GMLP) vs. Rice Midstream Partners (RMP)
www.americanbankingnews.com - July 10 at 12:21 PM |
| Golar 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 |
| Why Analysts Are Most Bullish on Golar LNG
finance.yahoo.com - July 3 at 6:47 PM |
Golar LNG Partners LP (GMLP) Chart for Friday, September, 22, 2017
