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How to Buy Golar Lng Stock

Golar Lng Ltd

Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates through Shipping and FLNG segments.

Golar Lng stock last closed at $25.14, up 0.88% from the previous day, and has increased 18.58% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.08 percentage points. Golar Lng stock is currently +28.13% from its 52-week low of $19.62, and -2.93% from its 52-week high of $25.90.

There are currently 104.58M GLNG shares outstanding. The market value of GLNG is $2.63B. In the last 24 hours, 902,749 GLNG shares were traded.

How to Buy Golar Lng Stock

Wondering how to invest in Golar Lng stock? Here's how.
  1. Figure out where to buy Golar Lng stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Golar Lng stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your payment method and add your information.
  4. Evaluate Golar Lng stock: The Golar Lng ticker symbol is GLNG. Is Golar Lng stock a good investment? Should you buy shares of GLNG? How do GLNG's underlying business fundamentals look? Do top analysts think Golar Lng is a good buy? Why has GLNG's stock price moved recently? (Hint: Our stock market research tools can help you decide if GLNG is a good stock to buy).
  5. Place your GLNG buy order: Decide if you will purchase GLNG shares at the current market price or use a limit order to buy GLNG shares at a specific price.
  6. Keep an eye on your GLNG investment: Create a watchlist to track your investment in Golar Lng stock.

Step 1: Figure out where to buy Golar Lng stock

You will need a brokerage account to access the NASDAQ market and buy GLNG shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to buy GLNG today.

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Step 3: Fund your investment account

Now that you've created your account on one of the best stock apps, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring funds into your brokerage account.

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Step 4: Evaluate Golar Lng stock

After you have decided on the best place to buy Golar Lng stock, it's crucial to research their stock before you buy, so you actually understand the risk as well as the upside.

Golar Lng shares data

GLNG Price
$25.14
1w %
0.76%
1y %
18.58%
5y %
29.52%
P/E
-57.14x
P/B
-1.27x
P/S
8.81x
PEG
N/A
Revenue
$298.43M
Earnings
-$46.79M
Fore. Rev. Growth
-4.47%
Fore. Earn. Growth
N/A
Market Cap
$2.63B
Next Earnings
May 28, 2024
Next Dividend
N/A

Golar Lng Fundamentals

WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on GLNG's stock page.

Is GLNG stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge GLNG's fair value.

You can access additional valuation research on GLNG's stock here.

GLNG Financial Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the GLNG balance sheet.

Failed Financial Due Diligence Checks:

  • Total GLNG debt is still negative.
  • There are more long-term liabilities than short-term assets on the GLNG balance sheet.
  • GLNG profit margin has gone down from 294.2% to -15.7% in the past year.
  • GLNG earnings of -$44.92M is not enough to cover its interest payments.
  • GLNG debt to equity ratio of -0.72 is negative.
  • GLNG's operating cash flow of $134.61M allows it to safely service it's debt of $1.22B.

You can dive deeper into what analysts are projecting on the Golar Lng stock forecast page.

Metrics for Advanced GLNG Traders

SMA10
24.99
SMA20
25.02
SMA50
23.83
SMA100
22.99
SMA200
22.89
MACD
0.23
MACD Signal
0.33
MACD Histogram
-0.1
RSI
58.06
Stochastic %K
49.91
Stochastic %D
39.72
StochRSI %K
38.76
StochRSI %D
25

GLNG Revenue

Last year, GLNG revenue was $298.43M. In the past five year, GLNG's revenue has increased by -7.07% per year. This was slower than the Oil & Gas Midstream industry average of 8.39%.

Dig into GLNG's earnings and revenue performance here.

What are GLNG insiders up to?

In the past 12 months, insiders at GLNG have not bought or sold any shares.

Learn more about who owns GLNG stock here.

Can I get consistent income from GLNG stock?

Golar Lng pays a dividend of 3.98%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.71%. If you owned $1,000 worth of GLNG stock, you would have been paid $39.78 in the past 12 months.

Golar Lng dividend payments have not consistently grown over the past decade and have not remained stable.

Find more analysis about Golar Lng dividend yield and history here.

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Step 5: Place your GLNG buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, use a limit order.

Press the Open Trade button and eToro will place the order.

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Step 6: Keep an eye on your GLNG investment

Now that you own some shares in GLNG, you'll want to stay up-to-date on your new investment.

Create a watchlist to monitor your GLNG stock.

GLNG Feed

How to Buy Stock in Golar Lng

To summarize, here are the 6 steps for buying Golar Lng stock:

  1. Figure out where to buy Golar Lng stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Evaluate Golar Lng stock
  5. Place your GLNG buy order
  6. Keep an eye on your GLNG investment

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Golar Lng, create a watchlist on WallStreetZen today.

NASDAQ: GLNG
$25.14+0.22 (+0.88%)
Updated May 6, 2024
Open eToro Account
NASDAQ: GLNG
$25.14+0.22 (+0.88%)
Updated May 6, 2024
Open eToro Account

FAQ

How much does it cost to buy one Golar Lng share?

As of May 6, 2024, it costs $25.14 to buy one share of Golar Lng stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.398 shares of GLNG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Golar Lng stock?

One way to place an order for Golar Lng stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.