GasLog Partners LP Share Price Drops Below 50-Day Moving Average of $7.38
January 30, 2023
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GASLOG ($NYSE:GLOP): GasLog Partners LP (NYSE: GLOP) is a publicly traded master limited partnership that was formed to own, operate, and acquire liquefied natural gas (LNG) carriers. Recent news has been less than positive for GasLog Partners as the share price has gone below its 50-day moving average of $7.38. This news has caused investors to reconsider the stock’s prospects and many to begin to re-evaluate the company’s future growth potential. The news has caused investors to take a step back and question whether or not investing in GasLog Partners is a smart move. Many analysts point to the company’s strong fundamentals and growing asset base as reasons to remain bullish on the stock.
Additionally, the company is expected to benefit from an increase in global demand for LNG, as more countries move towards renewable energy sources. Despite the recent drop in share price, long-term investors may view this as an opportunity to purchase shares at a discounted rate. With the company’s growing asset base and expected increase in demand for LNG, GasLog Partners may be able to capitalize on these trends and generate higher returns for shareholders. Ultimately, only time will tell if this drop in share price is an indication of long-term weakness or just a temporary hiccup in the stock’s performance. Investors should take this time to do their own research and make an informed decision before investing in GasLog Partners LP.
Market Price
Despite this drop, media sentiment towards the stock is mostly positive. The 50-day moving average is a lagging indicator that gives investors an idea of how the stock has performed over the last 50 days. This can provide a good indication of how the stock may perform in the near future. If the share price is below this average, it could suggest that the stock is undervalued. While there is no guarantee that the share price will rebound in the near future, investors may be hopeful that the stock will benefit from a general market rally or positive news about the company.
The company’s fundamentals are also important to consider when evaluating its potential performance. Investors should look at factors such as sales, earnings, and cash flow to get an idea of how the company is doing. The share price of GasLog Partners LP may be down but with positive media sentiment and a good track record of performance, investors may be optimistic about its future prospects. It is always important to do your own research before investing in any stock and assess whether it is a good fit for your portfolio. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for GLOP. More…
| Total Revenues | Net Income | Net Margin |
| 371.03 | 90.82 | 35.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for GLOP. More…
| Operations | Investing | Financing |
| 277.74 | 76.41 | -302.25 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for GLOP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.02k | 1.05k | 17.76 |
Key Ratios Snapshot
Some of the financial key ratios for GLOP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.7% | 0.2% | 44.9% |
| FCF Margin | ROE | ROA |
| 74.2% | 11.0% | 5.2% |
VI Analysis
Investors seeking long-term stability and steady returns may be interested in GASLOG PARTNERS LP, as the company’s fundamentals reflect its potential for growth. According to the VI Star Chart, GASLOG PARTNERS LP has a high health score of 8/10 with regard to its cashflows and debt, indicating that the company is capable to safely ride out any crisis without the risk of bankruptcy. In terms of metrics, GASLOG PARTNERS LP is strong in asset and dividend, and medium in growth and profitability. Investors may be further encouraged by the fact that GASLOG PARTNERS LP is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Overall, GASLOG PARTNERS LP could be an attractive opportunity for long-term investors, as it has the potential to provide steady and reliable returns. The company’s strong fundamentals and stable dividend payments make it an attractive investment option for those looking for long-term stability. More…
VI Peers
The competition among GasLog Partners LP and its competitors is fierce. Teekay Corp, ONEOK Inc, and Shell Midstream Partners LP are all vying for a piece of the pie, and each company has its own strengths and weaknesses. GasLog Partners LP has been able to stay ahead of the competition by offering a higher quality product at a lower price.
– Teekay Corp ($NYSE:TK)
Teekay Corporation is a leading provider of international crude oil and gas transportation services. The company owns and operates a diverse fleet of tankers and offshore support vessels. Teekay’s fleet consists of crude oil tankers, product tankers, LNG carriers, FPSOs, shuttle tankers, FSOs, offshore support vessels, and conventional vessels.
Teekay has a market capitalization of $392.21 million as of 2022 and a return on equity of -10.2%. The company’s fleet of vessels is one of the most modern and efficient in the world, and is well-positioned to meet the growing demand for energy transportation services. Teekay is committed to providing safe, reliable, and efficient transportation services to its customers around the world.
– ONEOK Inc ($NYSE:OKE)
Oneok Inc is a leading midstream service provider in the United States. The company owns and operates a vast network of natural gas gathering, processing, storage and transportation assets across the country. Oneok is one of the largest providers of natural gas liquids (NGL) transportation and storage services in the United States. The company has a market capitalization of $24.49 billion as of March 2021 and a return on equity of 28.78%.
Oneok Inc’s strong financial performance is driven by its high-quality asset base, efficient operations and disciplined capital allocation strategy. The company’s large scale and diversified asset portfolio provide it with significant competitive advantages in the marketplace. Oneok is well-positioned to continue delivering strong financial results and creating value for shareholders over the long term.
– Shell Midstream Partners LP ($NYSE:SHLX)
Midship Pipeline Company LLC, a subsidiary of Midstream Partners LP, is a natural gas pipeline company that transports, processes, and stores natural gas. The company operates a 3,100-mile pipeline system that extends from the Gulf of Mexico to the Midwest and Northeast. Midship also operates two natural gas processing plants in Oklahoma.
Summary
GASLOG PARTNERS LP is a limited partnership that focuses on owning, operating, and acquiring liquefied natural gas (LNG) carriers. Recently, the share price of GASLOG PARTNERS LP has dropped below the 50-day moving average of $7.38. Despite some negative media sentiment, the stock price is still relatively high.
For investors looking to buy, now may be an opportune time since the stock has dropped, but due to the company’s long-term potential, the share price could rebound in the future. It is important for investors to weigh both the potential risks and rewards when considering investing in GASLOG PARTNERS LP.
