Golar Lng Stock Fair Value – Raymond James Financial Services Advisors Sells Shares of Golar LNG Limited
November 9, 2023
☀️Trending News
Raymond James Financial Services Advisors Inc. recently sold shares of Golar ($NASDAQ:GLNG) LNG Limited, a British-Bahamian liquefied natural gas shipping company. With a global presence, the company is a major provider of LNG transportation services, connecting natural gas producers from around the world with customers in both established and growing markets. Golar LNG owns a fleet of LNG carriers and FSRUs, as well as being involved in the development of several LNG projects. Golar LNG’s stock is listed on both the London Stock Exchange and the Oslo Stock Exchange. Investors have been attracted to the company for its strong management team and its commitment to meeting customer needs.
Additionally, Golar LNG has taken steps to improve its operational efficiency and reduce its environmental impact, making it an attractive investment opportunity.
Stock Price
The stock opened at $22.6 and closed at $22.2, representing a 3.0% dip from its previous closing price of 22.9. This move signals a potential change in investor sentiment towards Golar LNG‘s performance and long-term outlook. It remains to be seen how this will affect the company’s stock over the coming weeks and months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Golar Lng. More…
| Total Revenues | Net Income | Net Margin |
| 279.07 | 106.15 | -133.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Golar Lng. More…
| Operations | Investing | Financing |
| 380.35 | 1.07k | -691.64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Golar Lng. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.97k | 1.38k | 20.01 |
Key Ratios Snapshot
Some of the financial key ratios for Golar Lng are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -15.5% | -30.2% | 379.5% |
| FCF Margin | ROE | ROA |
| 59.7% | 30.0% | 14.8% |
Analysis – Golar Lng Stock Fair Value
GoodWhale has conducted an assessment of GOLAR LNG‘s fundamentals and concluded that the intrinsic value of GOLAR LNG share is around $44.9, calculated using our proprietary Valuation Line. We have found that the current market price of GOLAR LNG stock is $22.2, which is undervalued by more than 50.6%. This indicates that GOLAR LNG may present a good opportunity for investors to get in on a potential gain in the future. More…
Peers
The competition between Golar LNG Ltd and its competitors is fierce. Each company is vying for a share of the market and customers. They all have different strengths and weaknesses, but Golar LNG Ltd has the edge.
– Fluxys Belgium SA ($LTS:0Q7U)
Fluxys Belgium SA is a leading gas infrastructure company in Belgium. The company has a market capitalization of 2.23 billion as of 2022 and a return on equity of 14.4%. Fluxys Belgium SA owns and operates a gas network of over 4,000 kilometers in Belgium, including the Zeebrugge LNG terminal. The company also owns and operates gas pipelines in France and the Netherlands.
– Genesis Energy LP ($NYSE:GEL)
Genesis Energy LP is a publicly traded limited partnership that engages in the midstream energy business in the United States. The company owns and operates a fleet of crude oil and refined product barges, pipelines, railcars, and trucks. It also owns and operates terminal facilities and a refinery. The company was founded in 1985 and is headquartered in Houston, Texas.
– EnLink Midstream LLC ($NYSE:ENLC)
EnLink Midstream LLC is a company that owns, operates, and develops midstream energy infrastructure in the United States. The company has a market cap of $5.72 billion as of 2022 and a return on equity of 26.4%. EnLink Midstream provides gathering, processing, transportation, and storage services to oil and gas producers in the United States. The company was founded in 2014 and is headquartered in Dallas, Texas.
Summary
Investors interested in Golar LNG Limited (GOLAR) should be aware of the recent news that Raymond James Financial Services Advisors Inc. is selling a substantial number of shares in the company. This triggered a notable decrease in the stock price, indicating that some investors may be shying away from investing in Golar. Analysts will likely be keeping a close eye on the situation going forward to assess the potential implications for Golar’s future prospects. Investors should also take into account the competitive landscape and potential changes in global demand for LNG as they consider whether Golar is a worthwhile investment.
Other factors to consider include the company’s financials, management team, and potential strategic partnerships. Ultimately, investors will need to carefully analyze their own portfolio goals and risk appetite to determine if Golar is a suitable investment for them.
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