GLNG

Golar LNG Ltd

Energy


Presented:06/25/2015
Price:$49.06
Cap:N/A
Current Price:$38.09
Cap:$3.98B

Presented

Date06/25/2015
Price$49.06
Market CapN/A
Ent Value$6.05B
P/E RatioN/A
Book Value$24.01
Div Yield3.67%
Shares O/S93.42M
Ave Daily Vol480,000
Short Int7.31%

Current

Price$38.09
Market Cap$3.98B
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of April 24, 2015, the company, together with the fleet held by Golar LNG Partner LP, owned and operated 25 vessels comprising 6 FSRUs and 19 LNG carriers. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.

Publicly traded companies mentioned herein: Golar LNG Ltd (GLNG), Seadrill Ltd (SDRL)

Highlights

The presenter is long shares of Golar LNG (GLNG), expecting strong cash flow from new projects over the next five years. The presenter thinks GLNG will benefit from “visible, long-term growth” driven by global trends.

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Idea Discussion

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