Golar LNG Partners LP (GMLP)


 

GMLP caught my eye while writing up these pages. I don't currently own it, but if I had some freed up cash right now, I might buy it.

It's relatively small at $1.58B market cap, but has a 6.9% yield and 43% institutional ownership (similar to TGP).

Currently it's tilted a bit towards Floating Storage and Regasification Units (FSRUs), which is something I'm not invested in.

They floated a secondary offering earlier this month (Decemer 2013), diluting shares about 9%, and the share price took a hit by roughly that amount. It's currently trading at $30.39, in the lower third of the 52 week range of $27..55 - $36.

 


Back to the MLP Page

Send e-mail to: Todd <todd@thepeaches.com>