GLNG

Golar LNG Limited

Energy, Industrial/Transportation


Presented:04/28/2014
Price:$43.31
Cap:$3.49B
Current Price:$38.09
Cap:$3.98B

Presented

Date04/28/2014
Price$43.31
Market Cap$3.49B
Ent Value$4.08B
P/E RatioN/A
Book Value$24.44
Div Yield6.1%
Shares O/S80.58M
Ave Daily Vol980,000
Short Int6.85%

Current

Price$38.09
Market Cap$3.98B
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification and liquefaction, and trading of LNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRU); and the development of LNG projects. As of December 31, 2012, the company owned and operated a fleet of six LNG carriers; and operated Golar LNG Partner LP's fleet of seven LNG carriers and FSRUs. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.

Highlights

Bears and skeptics on Golar (GLNG) have been on the wrong side of what appears to be a strong secular trend in favor of liquefied natural gas (LNG), said the presenter. He is long shares of GLNG, and believes the reasons to be bullish are relatively simple. At $43, the presenter thinks uncertainty in the market is reflected in the stock price, and sees a very favorable risk/ reward. In addition, he feels comfortable betting on a management team led by Chairman and President John Fredriksen, who owns 46% of the GP.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.