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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 employs 1 staff and has a trailing 12-month revenue of around USD$289.6 million.
|Latest market close||USD$2.58|
|52-week range||USD$1.2672 - USD$8.2478|
|50-day moving average||USD$2.6097|
|200-day moving average||USD$2.5252|
|Wall St. target price||USD$3.48|
|Dividend yield||USD$0.08 (3.23%)|
|Earnings per share (TTM)||USD$0.238|
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.
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.
|1 week (2021-01-14)||-24.34%|
|1 month (2020-12-24)||3.20%|
|3 months (2020-10-22)||22.86%|
|6 months (2020-07-22)||-9.15%|
|1 year (2020-01-22)||-69.21%|
|2 years (2019-01-22)||-80.32%|
|3 years (2018-01-22)||23.22|
|5 years (2016-01-22)||13.1|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Golar LNG Partners shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
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 (earnings before interest, taxes, depreciation and amortisation) is USD$199.1 million.
The EBITDA is a measure of a Golar LNG Partners's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$289.6 million|
|Operating margin TTM||44.55%|
|Gross profit TTM||USD$231 million|
|Return on assets TTM||3.87%|
|Return on equity TTM||4.61%|
|Market capitalisation||USD$173.3 million|
TTM: trailing 12 months
There are currently 441,045 Golar LNG Partners shares held short by investors – that's known as Golar LNG Partners's "short interest". This figure is 1.8% down from 449,119 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) is the quantity of Golar LNG Partners shares currently shorted divided by the average quantity of Golar LNG Partners shares traded daily (recently around 191758.69565217). Golar LNG Partners's SIR currently stands at 2.3. In other words for every 100,000 Golar LNG Partners shares traded daily on the market, roughly 2300 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 0.01% of the outstanding shares (for every 100,000 Golar LNG Partners shares in existence, roughly 10 shares are currently held short) or 0.0088% of the tradable shares (for every 100,000 tradable Golar LNG Partners shares, roughly 9 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.
Dividend payout ratio: 112.38% of net profits
Recently Golar LNG Partners has paid out, on average, around 112.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.23% 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 3.23% return on their shares, in the form of dividend payments. In Golar LNG Partners's case, that would currently equate to about $0.08 per share.
Golar LNG Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Golar LNG Partners's most recent dividend payout was on 13 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 November 2020 (the "ex-dividend date").
Over the last 12 months, Golar LNG Partners's shares have ranged in value from as little as $1.2672 up to $8.2478. 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 1.1108. 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 LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Jamaica, Kuwait, and the United Arab Emirates. As of April 16, 2020, 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.
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