Golar LNG Limited provides infrastructure for the liquefaction, transportation, and regasification of LNG.
Golar LNG Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$13.52|
|52 Week High||US$6.88|
|52 Week Low||US$15.12|
|1 Month Change||21.58%|
|3 Month Change||18.29%|
|1 Year Change||63.09%|
|3 Year Change||-47.52%|
|5 Year Change||-40.20%|
|Change since IPO||157.52%|
Recent News & Updates
Golar LNG: Still Far Too Much Debt Even After Their Asset Divestitures
Golar LNG started 2021 by announcing the divestitures of their Hygo Energy and Golar LNG Partners stakes to New Fortress Energy. Whilst this sounds transformational, sadly they still have far too much debt even after these asset divestitures for shareholders to expect any dividends after years of waiting. Their leverage remains very high since most of the proceeds were shares in New Fortress Energy and their free cash flow remains negative due to high capital expenditure. Even if these shares were liquidated to repay debt, their leverage would still be well into the very high territory. At least their previous crisis level liquidity has improved but risks still remain until their debt refinancing is completed, which means that I only believe upgrading to a neutral rating is appropriate.
Does Golar LNG (NASDAQ:GLNG) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Are Investors Undervaluing Golar LNG Limited (NASDAQ:GLNG) By 38%?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Golar LNG Limited...
|GLNG||US Oil and Gas||US Market|
Return vs Industry: GLNG underperformed the US Oil and Gas industry which returned 85.8% over the past year.
Return vs Market: GLNG exceeded the US Market which returned 31.1% over the past year.
Stable Share Price: GLNG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GLNG's weekly volatility (6%) has been stable over the past year.
About the Company
Golar LNG Limited provides infrastructure for the liquefaction, transportation, and regasification of LNG. It operates through Shipping, FLNG, and Power segments. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels.
Golar LNG Fundamentals Summary
|GLNG fundamental statistics|
Is GLNG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GLNG income statement (TTM)|
|Cost of Revenue||US$137.43m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-2.42|
|Net Profit Margin||-59.03%|
How did GLNG perform over the long term?See historical performance and comparison
Is Golar LNG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GLNG ($13.52) is trading below our estimate of fair value ($22.8)
Significantly Below Fair Value: GLNG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GLNG is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: GLNG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLNG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLNG is good value based on its PB Ratio (0.8x) compared to the US Oil and Gas industry average (2x).
How is Golar LNG forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLNG's earnings are forecast to decline over the next 3 years (-59.6% per year).
Earnings vs Market: GLNG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GLNG's is expected to become profitable in the next 3 years.
Revenue vs Market: GLNG's revenue (14.4% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: GLNG's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GLNG's Return on Equity is forecast to be low in 3 years time (5.4%).
How has Golar LNG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLNG is currently unprofitable.
Growing Profit Margin: GLNG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GLNG is unprofitable, and losses have increased over the past 5 years at a rate of 1.6% per year.
Accelerating Growth: Unable to compare GLNG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLNG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-18.6%).
Return on Equity
High ROE: GLNG has a negative Return on Equity (-5.78%), as it is currently unprofitable.
How is Golar LNG's financial position?
Financial Position Analysis
Short Term Liabilities: GLNG's short term assets ($961.2M) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: GLNG's short term assets ($961.2M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: GLNG's debt to equity ratio (45.1%) is considered high.
Reducing Debt: GLNG's debt to equity ratio has reduced from 102.9% to 45.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GLNG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GLNG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Golar LNG current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GLNG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GLNG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GLNG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GLNG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GLNG is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GLNG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Karl Staubo (34 yo)
Mr. Karl Fredrik Staubo serves as the Chief Executive Officer at Golar LNG Limited since May 13, 2021. He had been the Chief Financial Officer at Golar LNG Limited since November 28, 2020 until May 13, 202...
Experienced Management: GLNG's management team is considered experienced (2.3 years average tenure).
Experienced Board: GLNG's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.5%.
Golar LNG Limited's employee growth, exchange listings and data sources
- Name: Golar LNG Limited
- Ticker: GLNG
- Exchange: NasdaqGS
- Founded: 1946
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$1.463b
- Shares outstanding: 108.20m
- Website: https://www.golarlng.com
Number of Employees
- Golar LNG Limited
- S.E. Pearman Building
- 2nd Floor
- HM 11
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 23:01|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.