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How to buy Golar LNG Partners (GMLP) stocks in Canada

Learn how to easily invest in Golar LNG Partners stocks.

Golar LNG Partners is an oil & gas midstream business based in the US. Golar LNG Partners stocks (GMLP.US) are listed on the NASDAQ and all prices are listed in US Dollars. Golar LNG Partners employs 0 staff and has a trailing 12-month revenue of around $284.7 million.

How to buy shares in Golar LNG Partners

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GMLP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Golar LNG Partners stock price (NASDAQ:GMLP)

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

Golar LNG Partners shares at a glance

Information last updated 2021-06-13.
52-week range$3.38 - $65.70
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.

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

Golar LNG Partners share dividends

9%

Dividend payout ratio: 8.55% of net profits

Recently Golar LNG Partners has paid out, on average, around 8.55% 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 low, this can signify that Golar LNG Partners is investing more in its 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 $3.3803 up to $65.7. A popular way to gauge a stock's volatility is its "beta".

GMLP.US volatility(beta: 1.11)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 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. .

Golar LNG Partners in the news

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