Golar LNG
GLNG
Market cap $3.95B

37.77 USD

-0.52

1.36%

At close Oct 18, 4:00 PM EDT

After hours

37.77

+0.00

0.00%

1 day

-1.36%

5 days

-2.75%

1 month

15.86%

3 months

11.12%

6 months

52.98%

Year to date

62.17%

1 year

56.01%

5 years

164.13%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

149% more call options, than puts

Call options by funds: $134M | Put options by funds: $53.6M

55% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 33

44% more funds holding in top 10

Funds holding in top 10: 9 [Q1] → 13 (+4) [Q2]

28% more capital invested

Capital invested by funds: $1.71B [Q1] → $2.2B (+$485M) [Q2]

23% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 71

8% more funds holding

Funds holding: 217 [Q1] → 235 (+18) [Q2]

0.94% less ownership

Funds ownership: 68.02% [Q1] → 67.09% (-0.94%) [Q2]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$53

40%

upside

Avg. target

$55

44%

upside

High target

$56

48%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Stifel Benjamin Nolan 50% 1-year accuracy 19 / 38 met price target	40%upside $53	Buy Maintained	16 Aug 2024
Deutsche Bank Chris Robertson 100% 1-year accuracy 2 / 2 met price target	48%upside $56	Buy Maintained	16 Aug 2024

See Analyst Rankings

Financial journalist opinion

LNG Shipping Stocks: Cautiously Optimistic For Growth Ahead

UPI index declined by 0.89% last week, while the S&P 500 gained 1.11%, highlighting a challenging period for LNG shipping stocks. Despite the lack of significant news, long-term contracts averaging $84,000 per day remain a strong point for UPI companies compared to spot rates. Excelerate Energy led gains with a 2.1% rise, while New Fortress Energy saw the largest decline at 7.2%, indicating mixed performance among constituents.

LNG Shipping Stocks: Cautiously Optimistic For Growth Ahead

Zacks Investment Research

Golar LNG Boosts Operational Efficiency Through FLNG Expansion

Golar LNG is bolstered by its EPC agreement with CIMC Raffles for the FLNG vessel. The FLNG market is expanding, offering significant potential.

Golar LNG Boosts Operational Efficiency Through FLNG Expansion

Final Investment Decision for MK II 3.5mtpa FLNG

Golar LNG Limited (“Golar” or “the Company”) announces today that it has signed an Engineering, Procurement and Construction (“EPC”) agreement with CIMC Raffles (“CIMC”) for a MK II Floating LNG Production (“FLNG”) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (“MTPA”). Under the agreement with CIMC, Black & Veatch will provide its licensed PRICO® technology, perform detailed engineering and process design, specify and procure topside equipment and provide commissioning support for the FLNG topsides and liquefaction process, similar to Black & Veatch's role in the construction of Golar's existing assets, the FLNG Hilli and FLNG Gimi.

Final Investment Decision for MK II 3.5mtpa FLNG

Golar LNG Partners Preferred Units: High Yield But Even Higher Risks

In recent years, Golar LNG Partners has liquidated virtually all of its assets and distributed the proceeds to cash-hungry parent New Fortress Energy. Following the sale of its remaining assets in Q1/2024, the partnership has become an empty shell with distributions solely dependent on New Fortress Energy honoring its support commitment. As New Fortress Energy is struggling with debt refinancing issues, future distribution support for Golar LNG Partners could be at risk.

Golar LNG Partners Preferred Units: High Yield But Even Higher Risks

Zacks Investment Research

Here's Why Investors Should Give Golar LNG Stock a Miss Now

GLNG's surge in operating expenses does not bode well. High capital expenditures are further hurting the company's prospects.

Here's Why Investors Should Give Golar LNG Stock a Miss Now

Golar announces pricing of USD 300 million unsecured bond issue

Golar LNG Limited (the “Company”) has today successfully priced USD 300 million in senior unsecured bonds in the Nordic bond market. The bonds will mature in September 2029 and bear interest at 7.75% per annum. Net proceeds from the bond issue will be applied towards capital expenditure, refinancing of debt and general corporate purposes. An application will be made for the bonds to be listed on the Oslo Stock Exchange.

Golar announces pricing of USD 300 million unsecured bond issue

Golar LNG Limited – Fixed income investor meetings

Golar LNG Limited (“Golar”) has mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Fearnley Securities as Joint Bookrunners, to arrange a series of fixed income investor meetings commencing Monday 2 September 2024.

Golar LNG Limited – Fixed income investor meetings

Zacks Investment Research

Golar LNG (GLNG) Q2 Earnings, Revenues Lag Estimates, Down Y/Y

Golar LNG's (GLNG) second-quarter 2024 earnings and revenues decrease year over year.

Golar LNG (GLNG) Q2 Earnings, Revenues Lag Estimates, Down Y/Y

Golar LNG Limited (GLNG) Q2 2024 Earnings Call Transcript

Golar LNG Limited (GLNG) Q2 2024 Earnings Call Transcript

Golar LNG Limited (GLNG) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Golar LNG (GLNG) Q2 Earnings and Revenues Lag Estimates

Golar LNG (GLNG) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.62 per share a year ago.

Golar LNG (GLNG) Q2 Earnings and Revenues Lag Estimates

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