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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 $22.23, down 0.04% from the previous day, and has decreased 7.14% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.07 percentage points. Golar Lng stock is currently +12.27% from its 52-week low of $19.80, and -27.48% from its 52-week high of $30.66.

There are currently 107.23M GLNG shares outstanding. The market value of GLNG is $2.38B. In the last 24 hours, 615,052 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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  1. Submit your data by hitting the "Create Account" button.
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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
$22.23
1w %
2.25%
1y %
-7.14%
5y %
-18.18%
P/E
3.05x
P/B
-0.95x
P/S
8.9x
PEG
N/A
Revenue
$267.74M
Earnings
$787.77M
Fore. Rev. Growth
2.02%
Fore. Earn. Growth
-80%
Market Cap
$2.38B
Next Earnings
Aug 9, 2023
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.

Using relative valuations ratios:

  • GLNG could be undervalued based on its P/E ratio of 3.05x, relative to Oil & Gas Midstream industry P/E ratio of 12.93x

You can do additional valuation analysis on GLNG's stock here.

Is GLNG a healthy company?

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the GLNG balance sheet.
  • GLNG profit margin has gone up from 159% to 294.2% in the past year.
  • GLNG earnings of $806.62M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the GLNG balance sheet.
  • GLNG's operating cash flow of $279.05M allows it to safely service it's debt of $1.19B.

Failed Financial Due Diligence Checks:

  • GLNG debt to equity ratio of -0.55 is negative.
  • Total GLNG debt is still negative.

Is it a good time to buy Golar Lng stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who research GLNG, the consensus analyst rating on GLNG is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent GLNG Analyst Forecasts

Benjamin Chaiken, a top 13% analyst from Stifel Nicolaus maintains GLNG with a strong buy rating and lowers their GLNG price target from $35.00 to $34.00, on Apr 24, 2023.

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

GLNG Trading Indicators

SMA10
21.8
SMA20
21.81
SMA50
21.67
SMA100
22.09
SMA200
23.63
MACD
0.12
MACD Signal
0.04
MACD Histogram
0.07
RSI
55.27
Stochastic %K
77.88
Stochastic %D
74.98
StochRSI %K
87.22
StochRSI %D
83.45

GLNG Earnings

Last year, GLNG earnings were $787.77M. During the past 1 years, GLNG's earnings have gone up by 93.12% per year. This was faster than the Oil & Gas Midstream industry average of 26.46%.

Last year, GLNG revenue was $267.74M. During the last five year, GLNG's revenue has gone up by 13.28% per year. This was slower than the Oil & Gas Midstream industry average of 14.19%.

Dig into GLNG's earnings and revenue performance here.

Who is buying/selling GLNG?

In the last 12 months, executives and large shareholders at GLNG have not bought or sold any shares.

Research more about who owns GLNG stock here.

Does GLNG provide a stable income stream?

No, Golar Lng doesn't provide an income stream by paying out dividends.

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Step 5: Place your GLNG buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price, place a limit order.

Hit the Open Trade button and eToro will execute your 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 shares.

Start a watchlist to monitor your GLNG stock.

GLNG Feed

How to Buy Stock in Golar Lng

To summarize, here are the 6 steps to buy stock in Golar Lng:

  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 place to buy stocks, eToro is our recommended option.

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If you want to get updates on your investment in Golar Lng, create your watchlist below.

NASDAQ: GLNG
$22.23-0.01 (-0.04%)
Updated Jun 9, 2023
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NASDAQ: GLNG
$22.23-0.01 (-0.04%)
Updated Jun 9, 2023
Open eToro Account

FAQ

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

As of Jun 9, 2023, it costs $22.23 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 0.45 shares of GLNG.

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Is now a good time to buy Golar Lng stock?

According to 1 Wall Street analysts who monitor Golar Lng, their consensus recommendation is to buy Golar Lng stock.

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.