GasLog Partners in Q2 2018: Beats Revenue, EBITDA Estimates
GasLog Partners (GLOP) released its second-quarter earnings today before the markets opened.
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).
Energy & Utilities
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.
How GasLog Partners Stock Compared to the Broad Market Indexes
GasLog Partners earned revenues of $77.1 million in the first quarter—a 0.37% sequential fall and a 35.2% rise year-over-year.
Analysts See a 41.9% Upside on Dynagas LNG Partners
In May, Dynagas LNG Partners (DLNG) reported its first-quarter results.
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.
What to Expect from GasLog Partners’ Upcoming 1Q18 Results
GasLog Partners (GLOP) plans to release its 1Q18 results before the market opens on April 27.
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).
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.
Crude Oil Rates and Bunker Fuel Prices in Week 7
On February 15, 2018, the average bunker fuel price was $400.5 per ton—compared to $416 per ton on February 8.
GasLog Partners’ Upcoming 4Q17 Results
GasLog Partners (GLOP) is scheduled to release its 4Q17 results before the markets open on January 31, 2018.
Where Are Bunker Fuel Prices Heading?
Last week, Brent crude oil prices touched $70 per barrel on Tuesday following preliminary data published by API that US crude oil inventories fell.
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).
Analyzing Bunker Fuel Prices in Week 2
On January 11, 2018, the average bunker fuel price was $437 per ton—compared to $431 per ton on January 4, 2018.
Oil Price Reach 3-Year High: What about Bunker Fuel Prices?
On January 4, 2018, the average bunker fuel price was $431 per ton—compared to $413 per ton on December 21, 2017.
Week 51: Crude and Bunker Fuel Prices
According to EIA data, US crude inventories fell for the fifth consecutive week—down by 6.5 MMbbls for the week ending December 15, 2017.
Hoegh LNG Partners: Ranked 5th among LNG Carriers in 2017
In October 2017, Hoegh LNG Partners raised proceeds of $11.4 million from the issuance of Series A cumulative preferred units.
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.
Week 50: Crude Prices Touch $65
Brent crude oil prices rose to $63.3 per barrel on December 15, 2017, from $62.2 per barrel on December 8, 2017.
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.
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.
Week 49: Oil Prices and Bunker Fuel Prices
On December 7, 2017, the average bunker fuel price was $400 per ton—compared to $407 per ton on November 30, 2017.
Company & Industry Overviews
What’s the Latest from Gaslog and Gaslog Partners?
Gaslog (GLOG) is an operator and manager of LNG carriers. It supports international companies in the LNG logistics chain.
GasLog Partners’ 2Q17 Results Are Just around the Corner
GasLog Partners plans to release its 2Q17 results before the market opens on July 27. The release will be followed by a conference call on the same day.
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.
Morgan Stanley Upgrades GasLog
In June 2017, Morgan Stanley upgraded GasLog (GLOG) to “overweight” from “equal weight.”
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.
Earnings Preview: Gaslog’s 1Q17 Results
Gaslog (GLOG), an international owner, operator, and manager of LNG (liquefied natural gas) carriers, plans to release its 1Q17 results before the market opens on May 5, 2017.
Bunker Fuel Prices Fell Due to Lower Crude Prices
On April 20, 2017, the average bunker fuel price was ~$343 per ton—compared to $358 per ton in the previous week.
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.
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 […]
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.
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.
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.
Why Did Bunker Fuel Prices Rise in Week 46?
Brent crude oil prices were $44.4 per barrel to $46.9 per barrel in week 46. Crude oil prices impact crude oil demand, freight rates, and bunker fuel prices.
Why Did Bunker Fuel Prices Fall in Week 44?
For the week ending November 4, 2016, the average bunker fuel price was $308–$322 per ton compared to $321–$325 per ton in the previous week.
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.
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’ 3Q16 Revenue Stayed the Course
GasLog Partners’ revenue in 3Q16 was similar to its 3Q15 revenue. In 3Q16, the company posted revenue of $51.5 million, the same as it recorded in 3Q15.
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 42: Where Are Bunker Fuel Prices Heading?
For the week ending October 21, 2016, the average bunker fuel price was $321–$324 per ton. Bunker fuel prices are 8% higher than the same period in 2015.
Bunker Fuel Prices Continue to Rise Each Week
For the week ending October 14, 2016, the average bunker fuel price was $320–$327 per ton. Bunker fuel prices are 11% higher than the same period in 2015.