Bunker Fuel Prices Inch Up Higher and Higher
Bunker fuel prices, the biggest cost to run a ship, are correlated with crude oil prices. For the week ended May 20, the average bunker fuel price was $275–$282 per ton.
What Are Analysts Expecting from Teekay LNG Partners in 4Q16?
Analysts are estimating that Teekay LNG Partners’ 4Q16 revenue will be $110.0 million, which is 10.0% higher than $100.0 million in 3Q16.
Morgan Stanley Upgrades GasLog
In June 2017, Morgan Stanley upgraded GasLog (GLOG) to “overweight” from “equal weight.”
GasLog’s Newbuilds: What Investors Must Know
GasLog (GLOG) has eight newbuilds in the pipeline. Of these, four will be delivered in 2016, and four will be added to the company’s fleet in 2017 and 2018.
Analysts’ Pre-1Q18 Estimates for Höegh LNG Partners
According to Reuters, the consensus rating for Höegh LNG Partners (HMLP) is 1.38, which means a “strong buy.”
Albemarle Aims to Double Lithium Production in Australia
On March 16, 2017, Albemarle (ALB) announced that it will double its lithium production capacity at its spodumene mine in Greenbushes, Australia.
What You Should Know About GasLog’s Fleet, Contracts, Customers
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.
How Analysts Believe Golar’s Earnings Came in for 2Q16
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.
Floating Storage and Regasification Units: Updates and Outlook
In this article, we’ll look at Golar’s prospects and progress with regards to its FSRU (floating storage and regasification unit) business stream.
What Are GasLog Partners’ Asset Dropdown and Dropdown Options?
GasLog, GasLog Partners’ general partner (or GP), has entered into a seven-year time charter contract with Total, which will commence in mid-2018.
GasLog Partners: Analysts Expect Revenues to Rise 30%
Wall Street analysts expect revenues of $75.39 million for GasLog Partners (GLOP) in 4Q17—compared to $73.4 million in the previous quarter.
Recommendations Still Unchanged for Höegh LNG Partners
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%.
Bunker Fuel Prices Rose, Oil Hit a 2-Year High in Week 39
The West Texas Intermediate crude oil price rose from $50.66 per barrel on September 22 to $51.49 per barrel on September 29, 2017.
Week 43 Bunker Fuel Prices Remain Similar
Brent crude oil prices ranged from $49.7 per barrel to $51.5 per barrel in week 43, the week ended October 28, 2016.
No ‘Sell’ Rating for Teekay LNG Partners
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.
Where Crude Oil Prices and Bunker Fuel Prices Headed in Week 33
Article focus In the previous part of this series, we saw that despite muted Suezmax demand, Suezmax rates rose in Week 33 (ended August 18, 2017). VLCC (very large crude carrier) and Aframax rates also rose. In this part, we’ll look at how crude oil prices and bunker fuel prices fared. Crude oil prices While crude […]
Teekay Tankers: Analysts’ Recommendations in December
Ten analysts gave recommendations on Teekay LNG Partners (TGP). Of the analysts, 40% are bullish on the stock.
Golar LNG Rose 9.7% in 2017: What Do Analysts Recommend?
Recently, Golar LNG had a very good run. The stock price rose more than 20% in the last three months.
Bunker Fuel Prices Rose in Week 14
On April 6, 2017, the average bunker fuel price was ~$347 per ton compared to $332 per ton in the previous week.
Russia, China, and Europe: Politics affect liquefied natural gas
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.
Q2 2018 Results: Analysts’ Expectations for Golar LNG Partners
According to Reuters, ten analysts have given recommendations on Golar LNG Partners (GMLP). The consensus rating on the stock is a “buy.”
Analysts Expect an 89% Rise in Teekay’s Q2 2018 Earnings
Eight analysts have given recommendations on Teekay LNG Partners. Of these, 37% of analysts are bullish.
Recommendations and Estimates for GasLog before Its Q2 Results
According to Reuters, the consensus rating for GasLog (GLOG) is 2.08, which means a “buy” on a scale of one (strong buy) to five (strong sell).
Analysts Rate Golar LNG, GasLog, and Teekay LNG Partners
About 92.0% of the analysts tracking Golar LNG recommended a “buy” or some equivalent on June 26.
Teekay LNG Partners Ranks Fifth among Its Peers Year-to-Date
Teekay LNG Partners reported its first-quarter results in May, posting net income of -$6.9 million.
GasLog: Fourth-Ranked Stock among Its Peers Year-to-Date
GasLog earned revenues of $138.5 million in the first quarter compared to $128.3 million a year ago.
Analysts’ Recommendations for Golar LNG in June
Golar LNG (GLNG) stock has fallen more than 9% since the start of the year. The stock fell sharply after its first-quarter results.
33% of Analysts Are Bullish on Teekay LNG Partners
Nine analysts have given recommendations on Teekay LNG Partners. Of these analysts, 33% are bullish on the stock.
GasLog: Analysts’ Recommendations at the Start of June
A total of 13 analysts have given recommendations on GasLog, and 62% are bullish on the stock.
Why Golar LNG Stock Is Down after First-Quarter Earnings
Golar LNG (GLNG) released its first-quarter results today. The company’s stock price was down more than 16% in the early hours of the market.
Analysts Expect a Fall in Golar LNG Partners’ 1Q18 Revenue
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.”
Analysts Expect a Rise of Over 100% in Golar LNG’s 1Q18 Revenue
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.
Analysts Expect a Rise in GasLog’s Earnings
According to Reuters, the consensus rating for GasLog (GLOG) is 2, which means a “buy” on a scale of one (strong buy) to five (strong sell).
Teekay LNG Partners: 4th-Ranked Stock among LNG Carriers
Teekay LNG Partners (TGP) is the fourth-best-performing stock on a year-to-date basis. It had a YTD return of -9.4% on March 26, 2018.
Dynagas LNG Partners Ranks 3rd among LNG Carrier Stocks
On March 26, 2018, Golar LNG stock was down ~7.4% year-to-date.
Which LNG Carrier Company Ranks 2nd in Year-to-Date Returns?
Golar LNG reported an operating income of $2.8 million in 4Q17 compared to an operating loss of $22.9 million in 3Q17.
How Dynagas LNG Partners’ Potential Upside Compares
In February 2018, Dynagas LNG Partners (DLNG) reported its fourth-quarter results.
Golar LNG Has Fallen 6% This Year: What Analysts Recommend
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.
GasLog Partners’ Upcoming 4Q17 Results
GasLog Partners (GLOP) is scheduled to release its 4Q17 results before the markets open on January 31, 2018.
Dynagas LNG Partners: 1 Revised Recommendation in 2017
The consensus 12-month target price for Dynagas LNG Partners (DLNG) is $14.75. The target price implies a potential upside of 27.3%.
Golar LNG Partners Compared to Its Peers
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.”
GasLog Partners: Barclays Revised the Target Price
According to Reuters, 12 analysts gave recommendations for GasLog Partners (GLOP). The consensus rating on the stock is 1.83, which means a “buy.”
Teekay LNG Partners: Analysts’ Recommendations before 4Q17
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.
Golar LNG’s Earnings Are Expected to Rise 93%
On January 12, 2018, Cowen and Company raised the target price for Golar LNG (GLNG) to $44 from $41. The consensus 12-month target price is $34.13.
GasLog: More than 75% of the Analysts Are Bullish
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.”
Analysts Are Bullish on Höegh LNG Partners’ 4Q17 Results
The consensus rating for Höegh LNG Partners (HMLP) is 1.44, which means a “strong buy” on a scale of one (strong buy) to five (strong sell).
LNG Carrier Stocks: Analysts’ Recommendations before 4Q17 Results
Since the beginning of 2018, LNG carrier stocks have given mixed returns. GasLog Partners, Golar LNG, and GasLog traded in the red.
Golar LNG: 3rd-Best Performing Stock in the LNG Carrier Space
Golar LNG (GLNG) reported an operating loss of $22.9 million in 3Q17 compared to $24.0 million in 2Q17.
GasLog: The 2nd-Ranked LNG Carrier Stock in 2017
In the third quarter of 2017, GasLog (GLOG) posted revenues of $131.0 million—9.0% higher year-over-year.
Dynagas LNG Partners: Highest Upside Potential among Peers
Dynagas LNG Partners reported an operating income of $15.9 million and EPS (earnings per share) of $0.06 in 3Q17.
Where Bunker Fuel Prices Are Headed in Week 40
In week 40, crude oil prices fell on the back of US crude oil exports hitting a record high.
Crude and Bunker Fuel Prices Rose in Week 38
Crude oil (DBO) prices rose in week 38 as investors shrugged off news of growing US crude production. Investors focused on OPEC’s upcoming meeting.
Week 30: Bunker Fuel Prices Rose Due to Higher Oil Prices
On July 27, 2017, the average bunker fuel prices were $347 per ton—compared to $339.5 per ton a week ago on July 20, 2017.
Why Bunker Fuel Prices Are on a Downward Trend
Oil prices slipped below $45 per barrel during week 25. Oil prices (DBO) have fallen almost 20% since the start of the year.
What Analysts Expect for GasLog’s 1Q17 Earnings
Price target for GasLog According to Reuters, the 12-month target price for GasLog (GLOG) is $17.89, compared with its price of $15.05 on March 29, 2017. The target price implies a potential upside of 19%. Recommendations for GasLog In total, 15 analysts give recommendations for GasLog. The consensus rating for the company is 1.7, which […]
Analysts Recommend ‘Buy’ for Golar LNG Partners
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, […]
Teekay LNG Earns Some ‘Buy’ Recommendations
Teekay’s revenue sources Teekay LNG Partners (TGP) derives its revenue from two segments—the Liquefied Gas segment and the Conventional Tanker segment. It derives 74% of its total revenue from the Liquefied Gas segment and the remaining 26% from the Conventional Tanker segment. Revenue and earnings estimates Analysts estimate that Teekay LNG Partners’ 1Q17 revenue will […]
Week 11: Bunker Fuel Prices Fell
Overall bunker fuel prices in week 11 fell compared to the previous week, mainly due to steady crude oil prices and ample bunker fuel inventories.
Higher Earnings Estimated for Hoegh LNG Partners in 2016 and 2017
Wall Street analysts expect Hoegh LNG Partners’ 4Q16 revenue to be $23.0 million, which is similar to revenues for 3Q16.
How Did Bunker Fuel Prices Fare in Week 3 of 2017?
Bunker fuel prices correlate with crude oil prices. On January 19, the average bunker fuel price was ~$357 per ton—compared to $361 per ton on January 12.
How GasLog Partners Benefited from Its Recent Acquisition
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.
Analysts Increase Golar’s Price Target before Its 3Q16 Earnings
Wall Street analysts estimate Golar LNG’s 3Q16 revenue to be $18.35 million compared to $18.37 million in the previous quarter. Revenues are expected to rise in the fourth quarter.
Week 39: Where Are Bunker Fuel Prices Heading?
Brent crude oil prices ranged from $45.90 per barrel to $49.20 per barrel in week 39, which ended on September 30, 2016.
Bunker Fuel Prices Rose in Week 38
For the week ending September 23, the average bunker fuel price was $297–$305 per ton. Bunker fuel prices are 5% higher than the same period in 2015.
Where Were Bunker Fuel Prices Heading in Week 32?
For the week ended August 12, 2016, bunker fuel prices were almost 12% lower than in the same period last year.
How Bunker Fuel Prices Changed in Week 24
Bunker fuel prices, which represent the largest cost to run a ship, are correlated with crude oil prices. For the week ended June 17, 2016, the average bunker fuel price was $284–$295 per ton.
Uprun of Bunker Fuel Prices: Did It Stop or Continue in Week 23?
Bunker fuel prices, which represent the largest cost to run a ship, are correlated with crude oil prices.
The Past and Future Global LNG Trade: What You Need to Know
With new projects coming online in Asia-Pacific, the global LNG (liquefied natural gas) trade has picked up steam since mid-2015.
Golar’s Floating Liquefied Natural Gas Business: What’s to Come?
Golar (GLNG) is actively pursuing FLNG (floating liquefied natural gas) projects.
Week 10: Why Did Bunker Fuel Prices Rise?
Crude oil (DBO) prices impact crude oil demand. In turn, this impacts freight rates and bunker fuel prices. Brent crude oil prices ranged from $38.70 per barrel to $41.10 per barrel for week ten.
Och–Ziff Lowers Exposure to Energy Firms by ~$314 Million
Och–Ziff Capital Management either reduced or sold its stakes held in energy companies, amounting to at least $314 million.
Why JANA Partners exits position in Juniper Networks
JANA Partners disposed of a position in Juniper Networks (JNPR) that accounted for 2.65% of the fund’s 1Q14 portfolio. Juniper Networks sells high-performance network products and service offerings across routing, switching, and security to service provider and enterprise markets.
Why liquefaction costs will affect liquefied natural gas trade growth
Calls from Asian buyers to link LNG prices to the United States’ Henry Hub could make several liquefaction projects unprofitable.
Liquefaction capacity is key to liquefied natural gas carriers
Whether more proposals will get approval and more liquefaction capacity will come online will depend on the economic feasibility of the liquefaction plants.
Major liquefied natural gas trading countries and key drivers
The LNG (liquefied natural gas) trade has much room to grow. GasLog Ltd. (GLOG), for example, has compared LNG shipping industry to the crude tankers that hauled unrefined oil in the 1950s.
A guide to liquefied natural gas carriers and key shipping costs
While there are a few different types of LNG vessels, the two dominant containment systems, Moss (nicknamed “dinosaur egg”) and Membrane systems are employed today.
Investing in liquefied natural gas carriers: The future of natural gas
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.