How to buy Golar LNG stock - 02 March

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How to buy Golar LNG stock

Own Golar LNG stock in just a few minutes.

Fact checked

Golar LNG Limited is an oil & gas midstream business based in the US. Golar LNG shares (GLNG) are listed on the NASDAQ and all prices are listed in US Dollars. Golar LNG employs 1,647 staff and has a trailing 12-month revenue of around USD$459 million.

How to buy shares in Golar LNG

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Golar LNG. Find the stock by name or ticker symbol: GLNG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Golar LNG reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Golar LNG, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Golar LNG. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Golar LNG share price

Use our graph to track the performance of GLNG stocks over time.

Golar LNG shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$4.54 - USD$15.1246
50-day moving average USD$11.4015
200-day moving average USD$9.7276
Wall St. target priceUSD$18.88
PE ratio N/A
Dividend yield USD$0 (0%)
Earnings per share (TTM) USD$-3.981

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Golar LNG stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Golar LNG under- or over-valued?

Valuing Golar LNG stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Golar LNG's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Golar LNG's PEG ratio

Golar LNG's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.02. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Golar LNG's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Golar LNG's EBITDA

Golar LNG's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$288.7 million.

The EBITDA is a measure of a Golar LNG's overall financial performance and is widely used to measure a its profitability.

Golar LNG financials

Revenue TTM USD$459 million
Operating margin TTM 39.05%
Gross profit TTM USD$283.6 million
Return on assets TTM 2.46%
Return on equity TTM -10.16%
Profit margin -55.97%
Book value $12.077
Market capitalisation USD$1.2 billion

TTM: trailing 12 months

Shorting Golar LNG shares

There are currently 7.8 million Golar LNG shares held short by investors – that's known as Golar LNG's "short interest". This figure is 4.2% down from 8.2 million last month.

There are a few different ways that this level of interest in shorting Golar LNG shares can be evaluated.

Golar LNG's "short interest ratio" (SIR)

Golar LNG's "short interest ratio" (SIR) is the quantity of Golar LNG shares currently shorted divided by the average quantity of Golar LNG shares traded daily (recently around 2.4 million). Golar LNG's SIR currently stands at 3.29. In other words for every 100,000 Golar LNG shares traded daily on the market, roughly 3290 shares are currently held short.

However Golar LNG's short interest can also be evaluated against the total number of Golar LNG shares, or, against the total number of tradable Golar LNG shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Golar LNG's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Golar LNG shares in existence, roughly 70 shares are currently held short) or 0.0977% of the tradable shares (for every 100,000 tradable Golar LNG shares, roughly 98 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Golar LNG.

Find out more about how you can short Golar LNG stock.

Golar LNG share dividends

We're not expecting Golar LNG to pay a dividend over the next 12 months.

Golar LNG share price volatility

Over the last 12 months, Golar LNG's shares have ranged in value from as little as $4.54 up to $15.1246. A popular way to gauge a stock's volatility is its "beta".

GLNG.US volatility(beta: 0.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Golar LNG's is 0.9301. This would suggest that Golar LNG's shares are less volatile than average (for this exchange).

Golar LNG overview

Golar LNG Limited provides infrastructure for the liquefaction, transportation, regasification, and downstream distribution of LNG. It operates through three segments: Vessel Operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, FLNG, and floating storage regasification units (FSRUs); and the development of gas to power projects, as well as LNG distribution operations. As of April 16, 2020, it operated twelve LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.

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