Golar LNG Partners (NASDAQ:GMLP) released its quarterly earnings data on Tuesday. The shipping company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.18), Yahoo Finance reports. The business had revenue of $74.13 million during the quarter, compared to analyst estimates of $76.47 million. Golar LNG Partners had a return on equity of 9.23% and a net margin of 2.83%.
Shares of NASDAQ GMLP opened at $9.67 on Wednesday. Golar LNG Partners has a fifty-two week low of $8.94 and a fifty-two week high of $14.28. The firm’s 50-day simple moving average is $9.89 and its 200 day simple moving average is $10.60. The company has a quick ratio of 0.45, a current ratio of 0.46 and a debt-to-equity ratio of 2.11. The stock has a market cap of $685.51 million, a P/E ratio of 9.21, a P/E/G ratio of 2.23 and a beta of 1.00.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Friday, November 8th were paid a dividend of $0.404 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 16.71%. The ex-dividend date of this dividend was Thursday, November 7th. Golar LNG Partners’s dividend payout ratio is currently 154.29%.
Golar LNG Partners Company Profile
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Kuwait, and the United Arab Emirates. As of March 15, 2019, it had a fleet of six FSRUs and four LNG carriers. Golar GP LLC serves as the general partner of Golar LNG Partners LP.
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