GasLog Partners: Top-Performing Stock among LNG Carriers


Nov. 20 2020, Updated 12:15 p.m. ET

Year-to-date performance

On a year-to-date basis, GasLog Partners (GLOP) was the top-performing stock among the LNG carrier companies. It reported a YTD (year-to-date) return of ~-5.9% on March 26, 2018. In the last one-month period, the stock has fallen 3.7%. GLOP stock is currently trading 6.8% higher than its 52-week low and 8.8% lower than its 52-week high.

On a YTD basis, GasLog Partners has underperformed the broad equity market indexes but outperformed the shipping index. Since December 31, 2017, the Guggenheim Shipping ETF (SEA) has fallen ~8.5%. On March 26, 2018, the Dow Jones Industrial Average (DIA) fell ~2.3%, and the SPDR S&P 500 ETF (SPY) fell 0.66% YTD.

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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 (master limited partnership) formed by GasLog (GLOG).

To learn more about GasLog Partners, please read Market Realists’ Analysts See 21% Upside on GasLog Partners.

Dividend yields

MLPs are popular among income investors who seek tax advantages and high dividend yields. On March 26, 2018, GasLog Partners had a dividend yield of ~8.9%. Following are the dividend yields for other LNG carrier companies:

  • Golar LNG Partners (GMLP): ~13.3%
  • Hoegh LNG Partners (HMLP): ~10.9%
  • Dynagas LNG Partners (DLNG): ~16.8%
  • Teekay LNG Partners (TGP): ~3.1%

In the next article, we’ll analyze the second-ranked stock year-to-date among the LNG carrier companies.


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