Golar LNG Partners LP ($GMLP) 3Q20 Earnings Preview

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Golar LNG Partners LP (NASDAQ:GMLP) is expected to report third quarter earnings results, before market open, on Monday 30th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.22 per share.

Looking ahead, the full year income are expected at $ 0.63 per share on the revenues of $ 286.17 million.

Stock Performance

Shares of Golar LNG Partners LP traded up $ 0.08 or 2.95 percent on Friday, reaching $ 2.79 with volume of 94.20 thousand shares. Golar LNG Partners LP has traded high as $ 2.80 and has cracked $ 2.69 on the downward trend

According to the previous trading day, closing price of $ 2.79, representing a 108.46 % increase from the 52 week low of $ 1.30 and a 71.8 % decrease over the 52 week high of $ 9.61.

The company has a market capital of $ 193.35 million and is part of the Industrials sector and Shipping & Ports industry.

Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, Indonesia, Jordan, Kuwait, and the United Arab Emirates. As of March 15, 2019, it had a fleet of six FSRUs and four LNG carriers. Golar GP LLC serves as the general partner of Golar LNG Partners LP.