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. More Details
Proven track record and fair value.
Share Price & News
How has Golar LNG Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GMLP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: GMLP's weekly volatility has decreased from 10% to 1% over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: GMLP exceeded the US Oil and Gas industry which returned 59.4% over the past year.
Return vs Market: GMLP exceeded the US Market which returned 57.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Golar LNG Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StDoes Golar LNG Partners LP (NASDAQ:GMLP) Fall With The Market?
2 years ago | Simply Wall StGolar LNG Partners LP (NASDAQ:GMLP): What Does The Future Look Like?
3 years ago | Simply Wall StWas Golar LNG Partners LP's (NASDAQ:GMLP) Earnings Decline Part Of A Broader Industry Downturn?
Is Golar LNG Partners 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: GMLP ($3.55) is trading below our estimate of fair value ($24.55)
Significantly Below Fair Value: GMLP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GMLP is poor value based on its PE Ratio (35.4x) compared to the US Oil and Gas industry average (13.4x).
PE vs Market: GMLP is poor value based on its PE Ratio (35.4x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GMLP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GMLP is good value based on its PB Ratio (0.6x) compared to the US Oil and Gas industry average (1.4x).
How is Golar LNG Partners forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GMLP's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if GMLP's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GMLP's revenue is expected to decline over the next 3 years (-1% per year).
High Growth Revenue: GMLP's revenue is forecast to decline over the next 3 years (-1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GMLP's Return on Equity is forecast to be high in 3 years time
How has Golar LNG Partners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMLP has high quality earnings.
Growing Profit Margin: GMLP's current net profit margins (2.5%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: GMLP's earnings have declined by 46.6% per year over the past 5 years.
Accelerating Growth: GMLP's earnings growth over the past year (27.4%) exceeds its 5-year average (-46.6% per year).
Earnings vs Industry: GMLP earnings growth over the past year (27.4%) exceeded the Oil and Gas industry -44.6%.
Return on Equity
High ROE: GMLP's Return on Equity (2.9%) is considered low.
How is Golar LNG Partners's financial position?
Financial Position Analysis
Short Term Liabilities: GMLP's short term assets ($146.8M) do not cover its short term liabilities ($832.3M).
Long Term Liabilities: GMLP's short term assets ($146.8M) do not cover its long term liabilities ($570.1M).
Debt to Equity History and Analysis
Debt Level: GMLP's debt to equity ratio (190.3%) is considered high.
Reducing Debt: GMLP's debt to equity ratio has reduced from 240.5% to 190.3% over the past 5 years.
Debt Coverage: GMLP's debt is not well covered by operating cash flow (12%).
Interest Coverage: GMLP's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Golar LNG Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GMLP's dividend (2.28%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: GMLP's dividend (2.28%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: GMLP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMLP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.6%), GMLP's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GMLP's dividends in 3 years are forecast to be thoroughly covered by earnings (6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Karl Staubo (33 yo)
Mr. Karl Fredrik Staubo serves as the Chief Financial Officer at Golar LNG Limited since November 2020. He serves as Chief Executive Officer of Golar LNG Partners L.P. since May 1, 2020. Mr. Staubo has 10 ...
Experienced Management: GMLP's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: GMLP's board of directors are considered experienced (5.2 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Golar LNG Partners LP's company bio, employee growth, exchange listings and data sources
- Name: Golar LNG Partners LP
- Ticker: GMLP
- Exchange: NasdaqGS
- Founded: 2007
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$680.193m
- Shares outstanding: 70.74m
- Website: https://www.golarlngpartners.com
Number of Employees
- Golar LNG Partners LP
- S.E. Pearman Building
- 2nd Floor
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 th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/15 23:35|
|End of Day Share Price||2021/04/15 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.