What Do Analysts Recommend for Golar LNG and Golar LNG Partners?
According to Reuters, the consensus rating for Golar LNG (GLNG) is 1.5, which means a “buy.”
According to Reuters, the consensus rating for Gaslog Partners (GLOP) is 1.83, which means “buy.”
Gaslog (GLOG) is an operator and manager of LNG carriers. It supports international companies in the LNG logistics chain.
All nine analysts that cover Hoegh LNG Partners (HMLP) are bullish on the stock.
Nine analysts provide recommendations on Hoegh LNG Partners stock. The consensus rating on the stock is 1.4, which means a “strong buy.”
Hoegh LNG Partners has increased its debt 51.0% over the past year. As of June 30, 2016, HMLP’s debt was $502.0 million.
HMLP paid a cash distribution of ~$0.43 per share on August 14, 2017, with respect to the second quarter of 2017.
On August 24, 2017, Hoegh LNG Partners (HMLP) released its 2Q17 earnings. It earned revenue of $35.0 million in 2Q17 compared to $22.8 million in 2Q16.
In June, Morgan Stanley raised the target price for GasLog Partners to $25.5 from $23.5. The current average target price for GasLog Partners is $25.9.
Wall Street analysts expect GasLog Partners’ (GLOP) 2Q17 revenue to rise. Analysts project higher EBITDA in 2Q17 as well.
Wall Street analysts expect revenue of just over $61 million for GasLog Partners (GLOP) in 2Q17—compared to $56 million in the previous quarter.
GasLog Partners plans to release its 2Q17 results before the market opens on July 27. The release will be followed by a conference call on the same day.
On June 9, 2017, Morgan Stanley reduced the target price for Teekay LNG Partners (TGP) to $15 from $18. Currently, the consensus target price is $19.20.
On June 21, 2017, Golar LNG (GLNG) signed an agreement with Delfin LNG to develop the Delfin LNG project in the Gulf of Mexico.
GasLog Partners believes GasLog Geneva will add ~$23.0 million to its EBITDA in the first 12 months after closing.
In June 2017, Maxim reduced the target price for Dynagas LNG Partners (DLNG) to $18 from $20. The consensus 12-month target price is $17.70.
The consensus 12-month target price for Höegh LNG Partners (HMLP) is $27.19. Based on the June 27 price, the target price implies a potential upside of 16.5%.
Ten analysts have given recommendations for Golar LNG Partners (GMLP). The consensus rating on the stock is 2.4, which means a “buy.”
Since the start of 2017, LNG (liquefied natural gas) carrier stocks have given mixed returns. GasLog (GLOG) has had the highest year-to-date return.
Dynagas LNG Partners’ (DLNG) 1Q17 results are scheduled to be released on June 8, 2017. The release will be followed by a conference call on the same day.