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Golar LNG Partners Compared to Its Peers

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Jan. 25 2018, Updated 7:31 a.m. ET

Consensus ratings

According to Reuters, 11 analysts gave recommendations for Golar LNG Partners (GMLP). The consensus rating on the stock is 2.09, which means a “buy.”

Below are the consensus ratings for other LNG (liquefied natural gas) (UNG) carrier companies. The ratings are on a scale of one (strong buy) to five (strong sell).

  • Golar LNG (GLNG) – 1.5, which means a “strong buy”
  • Teekay LNG Partners (TGP) – 2.4, which means a “buy”
  • Höegh LNG Partners (HMLP) – 1.44, which means a “strong buy”
  • Dynagas LNG Partners (DLNG) – 2.5, which means a “buy”
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Consensus recommendation

Of the 11 analysts covering Golar LNG Partners, four gave it a “strong buy” recommendation, while two gave it a “buy” recommendation. The other five analysts are recommending a “hold.” None of the analysts recommended a “sell” or “strong sell” for Golar LNG Partners.

Target price

Golar LNG Partners’ consensus 12-month target price is $23.88. Based on the market price on January 19, 2018, the target price implies a potential upside of 4.1%.

Revenue and earnings estimate

Wall Street analysts expect Golar LNG Partners’ 4Q17 revenue to be $89.75 million—compared to $105.6 million in 3Q17 and $114.9 million in 4Q16. The revenue for 2017 is estimated to be $433.6 million, which is 1.8% lower than $441.6 million in 2016. In 2018, the revenue is expected to be $384 million.

Golar LNG Partners’ EBITDA (earnings before interest, tax, depreciation, and amortization) is expected to drop to $69.7 million in 4Q17 from $79.6 million in 3Q17. The EBITDA for 2017 is estimated at $341.4 million—compared to $367.1 million in 2016. The EBITDA in 2018 is estimated at $296 million.

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