Golar Lng Limited Stock Today
| GLNG Stock | USD 24.85 0.12 0.48% |
Performance9 of 100
| Odds Of DistressLess than 31
|
Golar LNG is trading at 24.85 as of the 15th of April 2024. This is a -0.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 24.82. Golar LNG has about a 31 percent probability of financial distress in the next few 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 16th of March 2024 and ending today, the 15th of April 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 104.57 M outstanding shares of which 2.37 M shares are currently shorted by private and institutional investors with about 1.44 trading days to cover. More on Golar LNG Limited
Moving together with Golar Stock
| 0.64 | AM | Antero Midstream Partners Financial Report 24th of April 2024 | PairCorr |
| 0.65 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
Moving against Golar Stock
| 0.76 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
| 0.43 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 4th of June 2024
Golar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Golar LNG's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Golar LNG or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO of Golar Management Ltd | Gary Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, PHLX Oil Service, NASDAQ Composite, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Golar LNG report their recommendations after researching Golar LNG's financial statements, talking to executives and customers, or listening in on Golar LNG's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Golar LNG Limited. The Golar consensus assessment is calculated by taking the average forecast from all of the analysts covering Golar LNG. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Golar LNG's historical financial statements, Golar LNG Limited is not in a good financial situation at this time. It has a very high risk of going through financial distress in May. Financial strength of Golar LNG Limited is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Golar LNG's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Golar LNG's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 2.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golar LNG's market, we take the total number of its shares issued and multiply it by Golar LNG's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Golar LNG Limited conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 104.57 M outstanding shares of which 2.37 M shares are currently shorted by private and institutional investors with about 1.44 trading days to cover.
Golar LNG Limited currently holds about 1.02 B in cash with 134.26 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 AllocationGolar LNG Limited has a total of 104.57 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 Price Odds Analysis
In reference to a normal probability distribution, the odds of Golar LNG jumping above the current price in 90 days from now is about 6.6%. The Golar LNG Limited probability density function shows the probability of Golar LNG stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1537. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Golar LNG will likely underperform. Additionally, golar LNG Limited has an alpha of 0.0577, implying that it can generate a 0.0577 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Golar LNG to move above the current price in 90 days from now is about 6.6 (This Golar LNG Limited probability density function shows the probability of Golar Stock to fall within a particular range of prices over 90 days) .
Golar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Golar LNG that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Golar LNG's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Golar LNG's value.| Instituion | Recorded On | Shares | |
| Pinnacle Associates Inc | 2023-12-31 | 1.4 M | |
| Fidelity International Ltd | 2023-12-31 | 1.4 M | |
| Hound Partners, Llc | 2023-12-31 | 1.4 M | |
| Fmr Inc | 2023-12-31 | 1.3 M | |
| Geode Capital Management, Llc | 2023-12-31 | 1.2 M | |
| Weiss Multi-strategy Advisers Llc | 2023-12-31 | 1.2 M | |
| Rit Capital Partners Plc | 2023-12-31 | 1.1 M | |
| American Century Companies Inc | 2023-12-31 | 1 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 1 M | |
| Rubric Capital Management Lp | 2023-12-31 | 6.5 M | |
| Blackrock Inc | 2023-12-31 | 5.4 M |
Golar LNG Historical Income Statement
Golar LNG Limited Income Statement is one of the three primary financial statements used for reporting Golar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Golar LNG Limited revenue and expense. Golar LNG Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 Interest Expense is projected to decrease to roughly 855 K. View More FundamentalsGolar Stock Against Markets
Picking the right benchmark for Golar LNG stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Golar LNG stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Golar LNG is critical whether you are bullish or bearish towards Golar LNG Limited at a given time. Please also check how Golar LNG's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Golar LNG without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
| All Next | Launch Module |
Golar LNG Corporate Directors
Golar LNG corporate directors refer to members of a Golar LNG board of directors. The board of directors generally takes responsibility for the Golar LNG's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Golar LNG's board members must vote for the resolution. The Golar LNG board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Tor Troim | Director | Profile | |
| Lori Naess | Director | Profile | |
| Georgina Sousa | Company Secretary, Director | Profile | |
| Hans Aas | Independent Director | Profile |
How to buy Golar Stock?
Before investing in Golar LNG, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Golar LNG. To buy Golar LNG stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Golar LNG. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Golar LNG stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Golar LNG Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Golar LNG Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Golar LNG Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Golar Stock please use our How to Invest in Golar LNG guide.
Already Invested in Golar LNG Limited?
The danger of trading Golar LNG Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Golar LNG is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Golar LNG. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Golar LNG Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Golar Stock analysis
When running Golar LNG's price analysis, check to measure Golar LNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golar LNG is operating at the current time. Most of Golar LNG's value examination focuses on studying past and present price action to predict the probability of Golar LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golar LNG's price. Additionally, you may evaluate how the addition of Golar LNG to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is Golar LNG's industry 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) | Dividend Share 1 | Earnings Share (0.44) | Revenue Per Share 2.799 | Quarterly Revenue Growth 0.347 |
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.