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GasLog Partners LPNYSE:GLOP Stock Report

Market Cap US$467.1m
Share Price
n/a
1Y67.9%
7D0%
1D-0.1%
Portfolio Value
​
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GasLog Partners LP

NYSE:GLOP Stock Report

Market Cap: US$467.1m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

GasLog Partners (GLOP) Stock Overview

GasLog Partners LP acquires, owns, and operates liquefied natural gas (LNG) carriers provides LNG transportation services worldwide. More details

GLOP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 30.5% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 14.2% per year over past 5 years

Has a high level of debt

Large one-off items impacting financial results


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GasLog Partners LP Competitors

Price History & Performance

Summary of share price highs, lows and changes for GasLog Partners
Historical stock prices
Current Share PriceUS$8.63
52 Week HighUS$9.27
52 Week LowUS$4.70
Beta2.38
1 Month Change0.58%
3 Month Change1.89%
1 Year Change67.90%
3 Year Change102.11%
5 Year Change-64.12%
Change since IPO-66.95%

Recent News & Updates

Seeking Alpha • Jan 26

GasLog Partners declares $0.01 dividend

GasLog Partners (NYSE:GLOP) declares $0.01/share quarterly dividend, in line with previous. Forward yield 0.5% Payable Feb. 9; for shareholders of record Feb. 6; ex-div Feb. 3. See GLOP Dividend Scorecard, Yield Chart, & Dividend Growth.

Recent updates

Seeking Alpha • Jan 26

GasLog Partners declares $0.01 dividend

GasLog Partners (NYSE:GLOP) declares $0.01/share quarterly dividend, in line with previous. Forward yield 0.5% Payable Feb. 9; for shareholders of record Feb. 6; ex-div Feb. 3. See GLOP Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Aug 04

GasLog Partners goes ex dividend tomorrow

GasLog Partners (NYSE:GLOP) has declared $0.01/share quarterly dividend, in line with previous. Payable Aug. 11; for shareholders of record Aug. 8; ex-div Aug. 5. See GLOP Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 28

GasLog Partners Non-GAAP EPS of $0.10 misses by $0.19, revenue of $84.92M beats by $6.04M

GasLog Partners press release (NYSE:GLOP): Q2 Non-GAAP EPS of $0.10 misses by $0.19. Revenue of $84.92M (+20.7% Y/Y) beats by $6.04M. Repurchased $8.7 million of preference units in the open market in the second quarter of 2022 and a total of $18.7 million of repurchased preference units in the first six months of 2022 Repaid $19.9 million of debt and lease liabilities during the second quarter of 2022 and $56.9 million in the first six months of 2022 Quarterly Revenues, Profit, Adjusted Profit and Adjusted EBITDA of $84.9 million, $0.8 million, $26.3 million and $59.3 million, respectively
Seeking Alpha • Mar 25

GasLog Partners: Stronger Outlook Following The Russia-Ukraine War

GasLog Partners saw another decent quarter to end 2021 with their operating cash flow increasing slightly versus 2020. When combined with their divestitures, their net debt decreased by over 10% during the fourth quarter of 2021 but despite being positive, their leverage remains high. Looking into 2022, deleveraging remains the goal of management but this progress is encouraging. When looking further into the future, the Russia-Ukraine war stands to boost demand for their LNG vessels and thus financial performance as Europe seeks gas supplies outside of Russia. Even though war is nothing to celebrate, objectively speaking, they now see a stronger medium to long-term outlook and thus I believe that maintaining my buy rating is appropriate.
Seeking Alpha • Jun 21

GasLog signs LNG time charter agreement with Cheniere

lyash01/iStock via Getty Images GasLog Partners (GLOP) +1.8% pre-market after announcing a new time charter agreement for the Methane Heather Sally with Cheniere Energy (LNG) for a minimum one-year duration. Cheniere has an option until late August to extend the charter for an additional one or two years. The Methane Heather Sally is a 145K cbm steam turbine liquefied natural gas carrier built in 2007 which previously operated in the spot market. GasLog Partners is a "coiled spring ready to

Shareholder Returns

GLOPUS Oil and GasUS Market
7D0%-0.4%1.6%
1Y67.9%18.0%18.6%

Return vs Industry: GLOP exceeded the US Oil and Gas industry which returned 18.4% over the past year.

Return vs Market: GLOP exceeded the US Market which returned 15.4% over the past year.

Price Volatility

Is GLOP's price volatile compared to industry and market?
GLOP volatility
GLOP Average Weekly Movement0.4%
Oil and Gas Industry Average Movement6.2%
Market Average Movement7.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: GLOP has not had significant price volatility in the past 3 months.

Volatility Over Time: GLOP's weekly volatility has decreased from 6% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aPaolo Enoiziwww.gaslogmlp.com

GasLog Partners LP acquires, owns, and operates liquefied natural gas (LNG) carriers provides LNG transportation services worldwide. As of February 28, 2023, it operated a fleet of 14 LNG carriers. The company was founded in 2014 and is based in Piraeus, Greece.

GasLog Partners LP Fundamentals Summary

How do GasLog Partners's earnings and revenue compare to its market cap?
GLOP fundamental statistics
Market capUS$467.07m
Earnings (TTM)US$94.47m
Revenue (TTM)US$384.64m
4.9x
P/E Ratio
1.2x
P/S Ratio

Is GLOP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLOP income statement (TTM)
RevenueUS$384.64m
Cost of RevenueUS$77.01m
Gross ProfitUS$307.64m
Other ExpensesUS$213.17m
EarningsUS$94.47m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.75
Gross Margin79.98%
Net Profit Margin24.56%
Debt/Equity Ratio81.3%

How did GLOP perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
2%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/14 03:55
End of Day Share Price 2023/07/12 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GasLog Partners LP is covered by 16 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrossBarclays
Donald McLeeBerenberg
Liam BurkeB. Riley Securities, Inc.