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GasLog Partners: Analysts Expect Revenues to Rise 30%

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Nov. 20 2020, Updated 11:37 a.m. ET

Revenue estimates

Wall Street analysts expect revenues of $75.39 million for GasLog Partners (GLOP) in 4Q17—compared to $73.4 million in the previous quarter and $57.9 million in 4Q16. It’s a 30% rise YoY (year-over-year) for GasLog Partners.

Going forward, analysts expect GasLog Partners’ 1Q18 revenues to be $75.58 million. For 2017, the revenues are expected to be $269.32 million—compared to $228.7 million in 2016. Analysts expect another rise in revenues to $316.9 million in 2018.

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About GasLog Partners

GasLog Partners is a growth-oriented limited partnership that owns, operates, and acquires LNG carriers under long-term contracts. The company has ten LNG carriers on multiyear contracts. GasLog Partners is an MLP formed by GasLog (GLOG). To learn how GasLog Partners’ 2017 market return compared to its peers, read Gaslog Partners: Ranked 4th among LNG Carrier Stocks in 2017.

Peers’ revenues

None of the LNG carrier companies have released their 4Q17 results yet. Below are the 4Q17 revenue estimates for GasLog Partners’ peers.

  • Golar LNG Partners (GMLP) – $88.92 million, which is 23% higher YoY
  • Dynagas LNG Partners (DLNG) – $36.07 million, which is 12.8% higher YoY
  • Teekay LNG Partners (TGP) – $114.9 million, which is 14% higher YoY
  • Golar LNG (GLNG) – $45.05 million, which is 95% higher YoY
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