Golar LNG Partners (GMLP) Stock Price, News & Analysis

Company Overview

Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Indonesia, Brazil, Jordan, Jamaica, Kuwait, and the United Arab Emirates. As of March 2, 2021, 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.

Key Stats

• Today's Range: $3.53 to $3.55
• 50-Day Range: $3.49 to $3.55
• 52-Week Range: $1.82 to $3.57
• Volume: 326,719 shs
• Average Volume: 537,732 shs
• Market Capitalization: $246.02 million
• P/E Ratio: 9.59
• Dividend Yield: 2.25%
• Price Target: N/A
• Consensus Rating: N/A

Golar LNG Partners Stock Analysis - MarketRank™

Golar LNG Partners scored higher than 28% of companies evaluated by MarketBeat, and ranked 225th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Golar LNG Partners.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: -4.49%

Earnings Growth

Earnings for Golar LNG Partners are expected to decrease by -4.49% in the coming year, from $0.89 to $0.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Golar LNG Partners is 9.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Golar LNG Partners is 9.59, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.45.

Price to Earnings Growth Ratio

Golar LNG Partners has a PEG Ratio of 0.50. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Golar LNG Partners has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GMLP.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Golar LNG Partners pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Golar LNG Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Golar LNG Partners is 9.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Golar LNG Partners will have a dividend payout ratio of 9.41% next year. This indicates that Golar LNG Partners will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.3 / 5
• Environmental Score: -6.99

Short Interest

There is no current short interest data available for GMLP.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for GMLP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Golar LNG Partners insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 26.96% of the stock of Golar LNG Partners is held by institutions.

GMLP Stock Analysis - Frequently Asked Questions

How were Golar LNG Partners' earnings last quarter?

Golar LNG Partners LP (NASDAQ:GMLP) released its quarterly earnings data on Sunday, November, 29th. The shipping company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.03. The shipping company had revenue of $69.54 million for the quarter, compared to analyst estimates of $70.48 million. Golar LNG Partners had a net margin of 9.97% and a trailing twelve-month return on equity of 13.04%.
Read the conference call transcript.

What other stocks do shareholders of Golar LNG Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Golar LNG Partners investors own include Energy Transfer (ET), GasLog Partners (GLOP), AT&T (T), Rithm Capital (RITM), Martin Midstream Partners (MMLP), Alliance Resource Partners (ARLP) and NGL Energy Partners (NGL).

Company Calendar

• Last Earnings: 11/29/2020
• Today: 11/23/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Water Transportation
• Sub-Industry: N/A
• Current Symbol: NASDAQ:GMLP
• CUSIP: N/A
• CIK: 1415916
• Web: www.golarlngpartners.com
• Phone: 441-295-4705
• Fax: N/A
• Employees: 1
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.81
• Trailing P/E Ratio: 9.59
• Forward P/E Ratio: 3.99
• P/E Growth: 0.5
• Net Income: $17.81 million
• Net Margins: 9.97%
• Pretax Margin: N/A
• Return on Equity: 13.04%
• Return on Assets: 3.44%

Debt

• Debt-to-Equity Ratio: 1.41
• Current Ratio: 0.19
• Quick Ratio: 0.19

Sales & Book Value

• Annual Sales: $299.65 million
• Price / Sales: 0.82
• Cash Flow: $2.13 per share
• Price / Cash Flow: 1.67
• Book Value: $7.50 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 69,302,000
• Free Float: N/A
• Market Cap: $246.02 million
• Optionable: Optionable
• Beta: 1.03