How to buy Golar LNG Partners stock

Golar LNG Partners LP is an oil & gas midstream business based in the US. Golar LNG Partners shares (GMLP) are listed on the NASDAQ and all prices are listed in US Dollars.

Golar LNG Partners share price

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

Golar LNG Partners shares at a glance

• Key figures

Information last updated 2021-04-29.

52-week range	$1.86 - $3.55
50-day moving average	$3.50
200-day moving average	$2.95
Wall St. target price	$4.96
PE ratio	35.5
Dividend yield	$0.081 (2.29%)
Earnings per share (TTM)	$0.10

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Is it a good time to buy Golar LNG Partners 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.

Technical Analysis of Golar LNG Partners LP by TradingView

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 Partners under- or over-valued?

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

Golar LNG Partners's P/E ratio

Golar LNG Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Golar LNG Partners shares trade at around 36x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Golar LNG Partners's PEG ratio

Golar LNG Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1. 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 Partners'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 Partners's EBITDA

Golar LNG Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $193.7 million.

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

Golar LNG Partners financials

Revenue TTM	$284.7 million
Operating margin TTM	43.86%
Gross profit TTM	$220.2 million
Return on assets TTM	3.78%
Return on equity TTM	2.83%
Profit margin	6.74%
Book value	$5.80
Market capitalisation	$246 million

TTM: trailing 12 months

Shorting Golar LNG Partners shares

There are currently 201,264 Golar LNG Partners shares held short by investors – that's known as Golar LNG Partners's "short interest". This figure is 3.8% down from 209,151 last month.

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

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

Golar LNG Partners's "short interest ratio" (SIR) is the quantity of Golar LNG Partners shares currently shorted divided by the average quantity of Golar LNG Partners shares traded daily (recently around 254764.55696203). Golar LNG Partners's SIR currently stands at 0.79. In other words for every 100,000 Golar LNG Partners shares traded daily on the market, roughly 790 shares are currently held short.

However Golar LNG Partners's short interest can also be evaluated against the total number of Golar LNG Partners shares, or, against the total number of tradable Golar LNG Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Golar LNG Partners's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Golar LNG Partners shares in existence, roughly 0 shares are currently held short) or 0.0042% of the tradable shares (for every 100,000 tradable Golar LNG Partners shares, roughly 4 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 Partners.

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

Golar LNG Partners share dividends

Dividend payout ratio: 29.5% of net profits

Recently Golar LNG Partners has paid out, on average, around 29.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.28% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Golar LNG Partners shareholders could enjoy a 2.28% return on their shares, in the form of dividend payments. In Golar LNG Partners's case, that would currently equate to about $0.081 per share.

While Golar LNG Partners's payout ratio might seem fairly standard, it's worth remembering that Golar LNG Partners may be investing much of the rest of its net profits in future growth.

Golar LNG Partners's most recent dividend payout was on 11 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 February 2021 (the "ex-dividend date").

Golar LNG Partners share price volatility

Over the last 12 months, Golar LNG Partners's shares have ranged in value from as little as $1.8608 up to $3.55. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Golar LNG Partners's is 1.1065. This would suggest that Golar LNG Partners's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Golar LNG Partners 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. As of April 15, 2021, Golar LNG Partners LP operates as a subsidiary of New Fortress Energy Inc. .

Frequently asked questions

• What percentage of Golar LNG Partners is owned by insiders or institutions?

  Currently 30.784% of Golar LNG Partners shares are held by insiders and 27.931% by institutions.

• When does the fiscal year end for Golar LNG Partners?

  Golar LNG Partners's fiscal year ends in December.

• Where is Golar LNG Partners based?

  Golar LNG Partners's address is: S.E. Pearman Building, Hamilton, Bermuda, HM11

• What is Golar LNG Partners's ISIN number?

  Golar LNG Partners's international securities identification number is: MHY2745C1021

• What is Golar LNG Partners's CUSIP number?

  Golar LNG Partners's Committee on Uniform Securities Identification Procedures number is: Y2745C102