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NASDAQ:GMLPGolar LNG Partners Stock Price, Forecast & News

$2.62
+0.14 (+5.65 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$2.47
Now: $2.62
$2.62
50-Day Range
$1.76
MA: $2.45
$3.05
52-Week Range
$1.30
Now: $2.62
$12.11
Volume114,032 shs
Average Volume613,234 shs
Market Capitalization$181.57 million
P/E RatioN/A
Dividend Yield3.23%
Beta0.95
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.33 out of 5 stars


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$299.65 million
Cash Flow$2.20 per share
Book Value$7.50 per share

Profitability

Net Income$17.81 million

Miscellaneous

Employees1
Market Cap$181.57 million
Next Earnings Date9/2/2020 (Estimated)
OptionableOptionable

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Golar LNG Partners (NASDAQ:GMLP) Frequently Asked Questions

How has Golar LNG Partners' stock been impacted by COVID-19 (Coronavirus)?

Golar LNG Partners' stock was trading at $3.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GMLP shares have decreased by 22.0% and is now trading at $2.62. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Golar LNG Partners?

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Golar LNG Partners.

When is Golar LNG Partners' next earnings date?

Golar LNG Partners is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Golar LNG Partners.

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) issued its quarterly earnings data on Thursday, May, 28th. The shipping company reported ($0.48) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.67. The shipping company had revenue of $67.63 million for the quarter, compared to the consensus estimate of $70.45 million. Golar LNG Partners had a positive return on equity of 11.21% and a negative net margin of 0.11%. View Golar LNG Partners' earnings history.

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 Monday, April 27th. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.02 per share on Thursday, May 14th. This represents a $0.08 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Wednesday, May 6th. View Golar LNG Partners' dividend history.

What price target have analysts set for GMLP?

6 equities research analysts have issued twelve-month price targets for Golar LNG Partners' stock. Their forecasts range from $4.00 to $10.00. On average, they expect Golar LNG Partners' stock price to reach $7.00 in the next year. This suggests a possible upside of 167.2% from the stock's current price. View analysts' price targets for Golar LNG Partners.

Has Golar LNG Partners been receiving favorable news coverage?

News stories about GMLP stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing 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 sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term. View the latest news aboutGolar LNG Partners.

Are investors shorting Golar LNG Partners?

Golar LNG Partners saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,140,000 shares, a decrease of 36.0% from the April 15th total of 1,780,000 shares. Based on an average trading volume of 790,900 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.3% of the shares of the company are sold short. View Golar LNG Partners' Current Options Chain.

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 following 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)

What is Golar LNG Partners' stock symbol?

Golar LNG Partners trades on the NASDAQ under the ticker symbol "GMLP."

Who are Golar LNG Partners' major shareholders?

Golar LNG Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Invesco Ltd. (9.04%), Morgan Stanley (0.63%), UBS Group AG (0.26%), GSA Capital Partners LLP (0.19%), Cannell Peter B & Co. Inc. (0.17%) and Russell Investments Group Ltd. (0.09%).

Which major investors are selling Golar LNG Partners stock?

GMLP stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Cannell Peter B & Co. Inc., and Russell Investments Group Ltd..

Which major investors are buying Golar LNG Partners stock?

GMLP stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, GSA Capital Partners LLP, UBS Group AG, Searle & CO., Advisor Group Holdings Inc., and Liberty One Investment Management LLC.

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 $2.62.

How big of a company is Golar LNG Partners?

Golar LNG Partners has a market capitalization of $181.57 million and generates $299.65 million in revenue each year. The shipping company earns $17.81 million in net income (profit) each year or $0.81 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 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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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