16.87 0.00 (0.00%)
After hours: 4:25PM EDT
|Bid||8.42 x 2200|
|Ask||17.28 x 800|
|Day's Range||16.45 - 17.06|
|52 Week Range||16.17 - 30.41|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 21, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||0.60 (3.56%)|
|1y Target Est||31.82|
Golar LNG Limited's (NASDAQ:GLNG): Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the...
* The U.S. Federal Energy Regulatory Commission (FERC) issued an order on Sept. 28, 2017 authorizing Delfin to build and operate the facilities to transport and deliver natural gas to FLNG vessels in federal waters off Cameron Parish in Louisiana. * The FERC order required Delfin to complete the facilities within two years of the order date. * "Due to the detailed nature of the engineering design of the offshore facilities, which includes floating liquefaction technology, and the complexity of developing the necessary commercial arrangements, progress on the project, including the onshore facilities, has been slower than originally anticipated," Delfin said.
Golar LNG (GLNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with technology among them. Nevertheless, most investors decided to stick to their bullish theses and recouped their losses by the end of the first quarter. […]
The big news for ocean shipping freight rates this week is demand out of the oil-producing nations of West Africa, which is pushing up rates for the second-largest category of crude oil tanker. The container sector has rebounded from May's travails, at least somewhat, while rates for liquefied natural gas (LNG) carriers have stumbled to a halt after their earlier rebound. In the long-haul global crude trade, there are two main ‘workhorse' vessel categories: very large crude carriers (VLCCs), which each carry around two million barrels of crude oil, and Suezmaxes, which each carry around one million barrels.
The Cool Pool was launched in September 2015 with 14 tri-fuel diesel engine (TFDE) LNG carriers contributed by three owners: three ships from Dynagas Ltd, three from GasLog Ltd (NYSE: GLOG) and eight from Golar LNG Ltd (NASDAQ: GLNG). The idea of the Cool Pool was to improve the utilization of the participating vessels (the time spent laden versus in ballast) and to allow for the use of Contracts of Affreightment (COAs). The pool also allowed Dynagas, GasLog and Golar to do business with a much wider array of clients, allowing those clients to become familiar with the owners and potentially do future business with them on a long-term basis.
Golar are in talks with other owners of similar tonnage to join the new shipping entity. It is expected that Golar`s spot traded TFDE carriers, the Golar Tundra together with Golar Power`s available TFDE carriers and any further tonnage within the new shipping entity will continue to trade within the Cool Pool after a formal launch of the spin-off. Transfer of the Cool Pool to this new shipping entity is expected to create the leading independent provider of available on-the-water TFDE LNG carriers.
Is Golar LNG Limited (NASDAQ:GLNG) a good dividend stock? How would you know? Dividend paying companies with growing...
Golar LNG (GLNG) delivered earnings and revenue surprises of -42.31% and 10.03%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Golar LNG Ltd. (NYSE: GLNG) has confirmed plans to spin off its liquefied natural gas (LNG) carrier business into a separate public vehicle, signaling the entry of yet another player into an already very crowded field. Despite a total collapse in the industry's initial public offering (IPO) prospects, Wall Street's shipping cadre keeps expanding as more owners opt for the ‘direct listing' path popularized by Spotify (NYSE: SPOT), wherein shares become tradable but no proceeds are raised. The company, which is led by Norwegian businessman Tor Olav Trøim, the former right-hand man of shipping magnate John Fredriksen, has increasingly diversified away from LNG shipping into areas such as floating liquefaction (FLNG) and the power sector.
The Hamilton, Bermuda-based company said it had a loss of 41 cents per share. Losses, adjusted for one-time gains and costs, were 37 cents per share. The results fell short of Wall Street expectations. ...
After recognition of $28.4 million of unrealized Brent oil linked mark-to-market derivative instrument gains and a $34.3 million impairment charge in relation to the Golar Viking, Golar reported operating income of $28.9 million for 1Q 2019. Golar and BP executed contracts for the provision of an FLNG vessel to service the Greater Tortue/Ahmeyim project offshore Mauritania and Senegal for 20 years. Golar received a Final Notice to Proceed with the conversion, sale and subsequent operation of Golar Viking as a FSRU in Croatia.
Reference is made to the first quarter 2019 report released on May 21, 2019. Golar LNG has declared a total dividend of $0.15 per share to be paid on July 3, 2019. The record.
Golar LNG (NASDAQ: GLNG ) unveils its next round of earnings this Tuesday, May 21. Here is Benzinga's everything-that-matters guide for the earnings announcement. Earnings and Revenue Analysts are predicting ...
Golar LNG`s 1st Quarter 2019 results will be released before the NASDAQ opens on Tuesday May 21, 2019. Go to the Investors, Results Centre section at www.golarlng.com and click on the link to "Webcast". The participants will be asked for their name and conference ID.
South Korea's Sinokor Merchant Marine, a shipping company, has hired a trader to open a desk trading physical liquefied natural gas , two industry sources said on Monday. The trading desk, which is still ...
Is Golar LNG Limited (NASDAQ:GLNG) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably but historically their consensus stock […]