Golar LNGGLNG
GLNG
About: Golar LNG Ltd is a midstream LNG company that operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), and Corporate and other. It generates maximum revenue from the FLNG segment.
Employees: 470
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
203% more call options, than puts
Call options by funds: $194M | Put options by funds: $64.1M
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
15% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 15 (+2) [Q3]
9% more capital invested
Capital invested by funds: $2.27B [Q2] → $2.49B (+$211M) [Q3]
6% more funds holding
Funds holding: 235 [Q2] → 249 (+14) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 85
4.18% less ownership
Funds ownership: 69.38% [Q2] → 65.2% (-4.18%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$55
33%
upside
Avg. target
$55
33%
upside
High target
$55
33%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Stifel Benjamin Nolan 41% 1-year accuracy 16 / 39 met price target | 33%upside $55 | Buy Maintained | 24 Dec 2024 |
Financial journalist opinion
Based on 4 articles about GLNG published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Here's Why Investors Should Retain Golar LNG Stock Now
Robust liquidity is boosting GLNG's prospects. A shareholder-friendly approach is encouraging.
Positive
Seeking Alpha
1 week ago
Golar LNG: A Catalyst-Driven Thesis In 2025
Golar LNG's superb execution since December 2019 has paid off, with the share price up more than 400% in that period. Securing long-term charters for the 2 MKII designs within 2025 is highly probable. GLNG's unique position as a proven FLNG provider, industry-leading cost advantage, and large set of global opportunities suggest a long runway of growth ahead.
Neutral
GlobeNewsWire
2 weeks ago
Golar Acquires All Outstanding Minority Interests in the FLNG Hilli
Golar LNG Limited ("Golar" or "the Company") is pleased to announce that the company has acquired Seatrium's and Black & Veatch's minority ownership interests in the FLNG Hilli. The acquisitions comprise all third-party interests in the asset, including a total of 5.45% common units, 10.9% Series A shares and 10.9% Series B shares. The transaction is equivalent to ~8% of the full FLNG capacity. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility. The full economic interest of the increased ownership in FLNG Hilli will be effective from 1st of January 2025.
Positive
Zacks Investment Research
4 weeks ago
Why Is Golar LNG (GLNG) Up 24.8% Since Last Earnings Report?
Golar LNG (GLNG) reported earnings 30 days ago. What's next for the stock?
Negative
Benzinga
1 month ago
Top 3 Energy Stocks That May Plunge This Quarter
As of Dec. 9, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Positive
Zacks Investment Research
1 month ago
Here's Why Investors Should Retain Golar LNG Stock Now
GLNG's robust liquidity is boosting the company's prospects. A shareholder-friendly approach is encouraging.
Positive
Barrons
1 month ago
Europe Is in a Gas Squeeze. 3 Stocks That Benefit.
Extremely cold winters can lead to demand spikes, and cause prices to rise.
Neutral
Seeking Alpha
1 month ago
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and potentially used for floating storage, which may stabilize or reverse spot rate declines. Key players like Tsakos Energy Navigation and Flex LNG experienced significant losses, while New Fortress Energy and Awilco LNG saw gains, indicating a mixed industry outlook.
Positive
Seeking Alpha
1 month ago
Golar LNG: Growth Energy Stock For Shipping Investors
The third quarter of 2024 brought exciting news. Hili is committed to a 20-year contract with Pan American Energy, thus increasing the company's EBITDA backlog to $11 billion. Golar and BP resolved their dispute about Gimi's payments. Gimi's COD is scheduled for the first half of 2025. Despite stable revenue and gross profit, the company reported net loss mainly due to non-cash losses.
Neutral
Zacks Investment Research
1 month ago
Golar LNG Q3 Earnings Beat, Revenues Match Estimates
GLNG's third-quarter 2024 earnings and revenues decrease year over year.
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