In this part, we’ll see what analysts expect for GasLog Partners’ EBITDA (earnings before interest, tax, depreciation, and amortization) for 1Q18 and 2018.
According to Reuters, 11 analysts have given recommendations on Golar LNG Partners (GMLP). The consensus rating on the stock is 2.09, which means a “buy.”
The consensus 12-month target price for Golar LNG (GLNG) is $36.14, which implies a potential return of 26.3% compared to its price of $28.6 on April 17, 2018.
Whereas Golar LNG’s (GLNG) stock price had fallen 6.0% YTD (year-to-date) as of March 21, 2018, it has outperformed some other LNG (liquefied natural gas) (UNG) carrier companies.
According to Reuters, analysts’ consensus rating for Höegh LNG Partners (HMLP) on a scale of 1 (“strong buy”) to 5 (“strong sell”) is 1.4, which suggests “strong buy.”
As of March 20, 2018, analysts’ consensus rating for GasLog Partners (GLOP) on a scale of 1 (“strong buy”) to 5 (“strong sell”) was 1.8, which suggests “buy.”
The consensus 12-month target price for Teekay LNG Partners is $19.78—a potential downside of 6.0% from the market price of $21.05 on January 19, 2018.
For GasLog, 14 analysts gave recommendations and 78% of the analysts are bullish. Four analysts rated it as a “strong buy” and seven rated it as a “buy.”
Teekay LNG Partners (TGP) was the best-performing stock in 2017 among the LNG carrier companies. TGP reported a year-to-date return of 36.6% on December 20, 2017.
Consensus recommendations Ten analysts give recommendations for Golar LNG Partners (GMLP). The consensus rating for the stock is 2.4, which means “buy.” Let’s look at some consensus ratings for other LNG (liquefied natural gas) companies: Golar LNG (GLNG): 1.7, which means “buy” Teekay LNG Partners (TGP): 2.5, which means “buy” Höegh LNG Partners (HMLP): 1.6, […]
GasLog Partners and GasLog have entered into an agreement in which GasLog Partners will acquire 100% of GasLog Seattle for an aggregate price of $189 million.
Wall Street analysts estimate that Golar LNG’s (GLNG) 2Q16 revenues will drop, but they are expecting an improvement on the cost side, with higher EBITDA.
GasLog’s (GLOG) fully owned fleet consists of 19 LNG carriers. Eleven ships are in operation, and eight are on order. Four LNG carriers operate under its technical management for third parties.
For 4Q15, Teekay LNG Partners (TGP) generated DCF (distributable cash flow) of $61.5 million, which was in line with the DCF generated in the previous quarter.
Politics can also play a major role in shaping natural gas trade and LNG (liquefied natural gas) shipments, which in turn affect Golar LNG Ltd. (GLNG) and other stocks.
Whether more proposals will get approval and more liquefaction capacity will come online will depend on the economic feasibility of the liquefaction plants.
Global energy demand will continue to increase, driven by population growth and improved standards of living. At the same time, emphasis on sustainability becomes more critical.
