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.
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.
Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Fund your investment account: Select your payment method and add your information.
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).
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.
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.
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.
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.
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%.
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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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.
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.