|Bid||0.00 x 1000|
|Ask||20.88 x 2200|
|Day's Range||18.93 - 19.75|
|52 Week Range||18.36 - 34.98|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.60 (3.07%)|
|1y Target Est||N/A|
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. ...
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 ...
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 […]
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Seaspan (SSW) is likely to witness high vessel utilization in the fourth quarter of 2018 on increased utilization of GCI vessels and new deliveries. Increased costs might limit bottom-line growth.
Golar LNG's (GLNG) latest deal with BP to construct the FLNG Gimi is anticipated to generate annual EBITDA of $215 million or more.
Golar LNG (GLNG) expects fourth-quarter Time Charter Equivalent in the band of $70,000 -$80,000, almost double the third-quarter figure of $41,200.
Golar LNG (GLNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Before we spend days researching a stock idea we’d like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 8.7% through October 26th. Forty percent of the S&P 500 constituents were down more than 10%. The average return of a randomly picked stock […]
Golar LNG (GLNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
State-owned LNG Croatia on Friday picked Golar Power Ltd as the best bidder to deliver a floating storage and regasification unit (FSRU) for a planned European Union-backed liquefied natural gas (LNG) terminal in the northern Adriatic. Golar Power was picked from three bidders, including Mitsui O.S.K. Lines and Maran Gas Maritime Inc, LNG Croatia, the company behind the project, said in a statement. It said Golar Power, a joint venture between Golar LNG Ltd and Stonepeak Infrastructure Partners, offered to convert the existing LNG carrier to an FSRU at a cost of 159.6 million euros ($180.8 million).
* LNG shipping rates tend to go up during the Northern Hemisphere winter and summer when gas is used for heating or cooling. * A recovery in the shipping rates from about three years of depressed levels has begun to boost earnings of LNG shipping companies such as Gaslog, Golar and Hoegh .