What is the price-to-earnings ratio of Golar LNG?
The price-earnings ratio of Golar LNG is currently 16.3.
Golar LNG P/E 2024
Golar LNG P/E
16.3
Ticker
GLNG
ISIN
BMG9456A1009
WKN
677102
As of Nov 29, 2024, Golar LNG's P/E ratio was 16.3, a -133.84% change from the -48.17 P/E ratio recorded in the previous year.
The Golar LNG P/E history
Golar LNG Aktienanalyse
What does Golar LNG do?
The company Golar LNG Ltd is a Bermuda-based company specializing in the transport and liquefaction of natural gas. The company was founded in 1949 under the name Gotaas-Larsen Shipping Corporation. Since 2001, the company has focused exclusively on the liquefied natural gas (LNG) sector. Golar LNG has built an impressive fleet of LNG tankers over the years, allowing the company to transport natural gas over long distances by sea. The fleet consists of 16 modern LNG carriers that typically have long-term charter contracts with gas industry customers. In addition to transporting liquefied natural gas, Golar LNG also has a subsidiary specializing in the liquefaction of natural gas. The subsidiary, Golar LNG Partners, operates LNG production facilities. Golar LNG's business model is focused on long-term contracts and stable cash flows. The company works closely with its customers to ensure their transportation needs are met. The company also aims to focus on providing turnkey solutions for customers in need of secure transportation of liquefied natural gas. In recent years, Golar LNG has been focusing on developing alternative LNG delivery options for customers. For example, the company has introduced a conversion service for oil tankers, allowing customers to convert their existing tankers into LNG carriers. This solution is cost-effective for customers who do not have their own LNG transportation. Another strategy for diversification is collaborating with other fleet operators for joint operation of LNG tankers. This model aims to reduce customer obligations by sharing running times and costs. Golar LNG has also entered into a joint venture in the LNG fuel industry with Total and other partners, intending to promote renewable liquefied natural gas as a fuel for maritime transport. For this purpose, 20 LNG tankers fueled by liquefied biogas will be deployed. Overall, Golar LNG is a leading company in the LNG industry with a strong focus on customer service and long-term relationships. The company has an impressive fleet of LNG tankers, a liquefaction facility, and is continuously developing new solutions for business diversification. Answer: Golar LNG Ltd specializes in LNG transport and liquefaction, operating a fleet of LNG tankers and a liquefaction subsidiary. The company focuses on long-term contracts and customer satisfaction, offering turnkey solutions for secure LNG transportation. They also diversify their business through alternative delivery options and joint operations with other fleet operators. Golar LNG has entered a joint venture for renewable LNG fuel and plans to deploy 20 LNG tankers fueled by liquefied biogas in the maritime sector. Golar LNG ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Golar LNG's P/E Ratio
The Price to Earnings (P/E) Ratio of Golar LNG is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Golar LNG's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Golar LNG is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Golar LNG’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Golar LNG stock
How has the price-earnings ratio of Golar LNG changed compared to last year?
The price-to-earnings ratio of Golar LNG has increased by -133.84% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Golar LNG high compared to other companies?
Yes, the price-to-earnings ratio of Golar LNG is high compared to other companies.
How does an increase in the price-earnings ratio of Golar LNG affect the company?
An increase in the price-earnings ratio of Golar LNG would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Golar LNG affect the company?
A decrease in the price-earnings ratio of Golar LNG would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Golar LNG?
Some factors that influence the price-earnings ratio of Golar LNG are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Golar LNG pay?
Over the past 12 months, Golar LNG paid a dividend of 0.75 USD . This corresponds to a dividend yield of about 1.91 %. For the coming 12 months, Golar LNG is expected to pay a dividend of 0.79 USD.
What is the dividend yield of Golar LNG?
The current dividend yield of Golar LNG is 1.91 %.
When does Golar LNG pay dividends?
Golar LNG pays a quarterly dividend. This is distributed in the months of April, July, September, December.
How secure is the dividend of Golar LNG?
Golar LNG paid dividends every year for the past 4 years.
What is the dividend of Golar LNG?
For the upcoming 12 months, dividends amounting to 0.79 USD are expected. This corresponds to a dividend yield of 2.01 %.
In which sector is Golar LNG located?
Golar LNG is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Golar LNG kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Golar LNG from 12/2/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 11/25/2024.
When did Golar LNG pay the last dividend?
The last dividend was paid out on 12/2/2024.
What was the dividend of Golar LNG in the year 2023?
In the year 2023, Golar LNG distributed 0 USD as dividends.
In which currency does Golar LNG pay out the dividend?
The dividends of Golar LNG are distributed in USD.
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Andere Kennzahlen von Golar LNG
Our stock analysis for Golar LNG Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Golar LNG Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
