Golar Lng Limited Stock Today

GLNG Stock  USD 36.92  0.06  0.16%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 29

 
High
 
Low
Below Average
Golar LNG is trading at 36.92 as of the 25th of November 2024. This is a 0.16 percent increase since the beginning of the trading day. The stock's lowest day price was 36.54. Golar LNG has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Golar LNG Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
15th of July 2003
Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda. Golar Lng is traded on NASDAQ Exchange in the United States. The company has 104 M outstanding shares of which 5.29 M shares are currently shorted by private and institutional investors with about 3.7 trading days to cover. More on Golar LNG Limited

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Golar Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, PHLX Oil Service, NASDAQ Composite, NASDAQ Composite Total, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.09940.0731
Significantly Up
Pretty Stable
Total Current Liabilities540.6 M545.8 M
Slightly Down
Slightly volatile
Non Current Liabilities Total1.4 B935.8 M
Way Up
Slightly volatile
Total Assets3.1 B4.1 B
Significantly Down
Slightly volatile
Total Current Assets856.3 M815.6 M
Sufficiently Up
Slightly volatile
Debt Levels
Golar LNG can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Golar LNG's financial leverage. It provides some insight into what part of Golar LNG's total assets is financed by creditors.
Liquidity
Golar LNG Limited currently holds 1.22 B in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. Golar LNG Limited has a current ratio of 2.46, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Golar LNG's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(199.46 Million)
Golar LNG Limited (GLNG) is traded on NASDAQ Exchange in USA. It is located in S.E. Pearman Building, Hamilton, Bermuda, HM 11 and employs 470 people. Golar LNG is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.79 B. Golar LNG Limited conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 104 M outstanding shares of which 5.29 M shares are currently shorted by private and institutional investors with about 3.7 trading days to cover. Golar LNG Limited currently holds about 1.02 B in cash with 135.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.46.
Check Golar LNG Probability Of Bankruptcy
Ownership Allocation
Golar LNG Limited has a total of 104 Million outstanding shares. The majority of Golar LNG Limited outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Golar LNG to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Golar LNG Limited. Please pay attention to any change in the institutional holdings of Golar LNG Limited as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Golar Ownership Details

Golar Stock Institutional Holders

InstituionRecorded OnShares
Pinnacle Associates Inc2024-09-30
1.4 M
J. Goldman & Co Lp2024-09-30
1.4 M
Fmr Inc2024-09-30
1.4 M
Geode Capital Management, Llc2024-09-30
1.3 M
American Century Companies Inc2024-09-30
1.2 M
Nuveen Asset Management, Llc2024-06-30
1.2 M
Rit Capital Partners Plc2024-06-30
1.1 M
Vanguard Group Inc2024-09-30
1.1 M
Clearline Capital Lp2024-09-30
M
Rubric Capital Management Lp2024-06-30
6.5 M
Blackrock Inc2024-06-30
5.2 M
View Golar LNG Diagnostics

Golar LNG Historical Income Statement

At this time, Golar LNG's Net Income Applicable To Common Shares is most likely to increase significantly in the upcoming years. The Golar LNG's current Net Income From Continuing Ops is estimated to increase to about 97 M, while Total Revenue is projected to decrease to roughly 248 M. View More Fundamentals

Golar Stock Against Markets

Golar LNG Corporate Management

When determining whether Golar LNG Limited is a strong investment it is important to analyze Golar LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golar LNG's future performance. For an informed investment choice regarding Golar Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golar LNG. If investors know Golar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golar LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
1.32
Revenue Per Share
2.632
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0237
The market value of Golar LNG Limited is measured differently than its book value, which is the value of Golar that is recorded on the company's balance sheet. Investors also form their own opinion of Golar LNG's value that differs from its market value or its book value, called intrinsic value, which is Golar LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golar LNG's market value can be influenced by many factors that don't directly affect Golar LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golar LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golar LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golar LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.