Added to YB: 2024-01-30
Pitch date: 2024-01-30
GLNG [bullish]
Golar LNG Limited
+116.11%
current return
Author Info
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Company Info
Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas.
Market Cap
$4.4B
Pitch Price
$21.05
Price Target
N/A
Dividend
2.30%
EV/EBITDA
43.57
P/E
78.58
EV/Sales
18.90
Sector
Oil, Gas and Consumable Fuels
Category
growth
$GLNG outlook and upside
$GLNG: Bullish on FLNG market expansion 2025-27, 4 ships planned. Benefits from low gas costs & proximity to Europe/Asia. $300M EBITDA from Hilli, upside from Brent/TTF prices. $921M cash, $1.17B debt Q3, buyback & $1 dividend. Catalysts: Perenco renegotiation for $800M+ EBITDA, BP Gimi debt refi to free $300M, PE interest at $30s. Geopolitics support fundamentals.
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