Notable Reporting: Golar LNG Limited (USA) Rises A lot Today, Is Now One of The Best Performer

Notable Reporting: Golar LNG Limited (USA) Rises A lot Today, Is Now One of The Best Performer

The stock of Golar LNG Limited (USA) (NASDAQ:GLNG) is a huge mover today! About 322,556 shares traded hands. Golar LNG Limited (USA) (NASDAQ:GLNG) has risen 9.72% since April 21, 2016 and is uptrending. It has outperformed by 4.39% the S&P500.
The move comes after 7 months positive chart setup for the $2.53 billion company. It was reported on Nov, 23 by Barchart.com. We have $26.10 PT which if reached, will make NASDAQ:GLNG worth $75.90M more.

Analysts await Golar LNG Limited (USA) (NASDAQ:GLNG) to report earnings on November, 30 before the open. They expect $-0.43 earnings per share, down 48.28% or $0.14 from last year’s $-0.29 per share. After $-0.48 actual earnings per share reported by Golar LNG Limited (USA) for the previous quarter, Wall Street now forecasts -10.42% EPS growth.

Golar LNG Limited (USA) (NASDAQ:GLNG) Ratings Coverage

Out of 8 analysts covering Golar LNG Limited (NASDAQ:GLNG), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. Golar LNG Limited has been the topic of 15 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The stock of Golar LNG Limited (USA) (NASDAQ:GLNG) has “Neutral” rating given on Wednesday, December 2 by Bank of America. Cowen & Co maintained Golar LNG Limited (USA) (NASDAQ:GLNG) on Thursday, October 20 with “Outperform” rating. As per Monday, October 3, the company rating was upgraded by ABN Amro. The stock has “Neutral” rating given by Credit Suisse on Friday, September 18. The firm has “Buy” rating by Stifel Nicolaus given on Friday, August 28. DNB Markets downgraded Golar LNG Limited (USA) (NASDAQ:GLNG) on Friday, April 29 to “Hold” rating. As per Wednesday, June 1, the company rating was upgraded by Nordea. The stock of Golar LNG Limited (USA) (NASDAQ:GLNG) earned “Buy” rating by DNB Markets on Friday, July 1. Credit Suisse upgraded the shares of GLNG in a report on Monday, May 9 to “Outperform” rating.

According to Zacks Investment Research, “GOLAR LNG LIMITED is engaged in the acquisition, ownership, operation and chartering of liquid natural gas carriers and floating storage re-gasification units through its subsidiaries.”

More news for Golar LNG Limited (USA) (NASDAQ:GLNG) were recently published by: Fool.com, which released: “This Is What’s Fueling Golar LNG Limited’s (USA) Stunning 27% Surge Today” on May 05, 2015. Schaeffersresearch.com‘s article titled: “Options Volume Soars as Golar LNG Limited (USA) (GLNG) Plunges” and published on April 29, 2016 is yet another important article.

GLNG Company Profile

Golar LNG Limited, incorporated on May 10, 2001, is a midstream liquefied natural gas (LNG) firm engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Firm is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs). The Company’s divisions include Vessel operations, LNG trading and FLNG. Under the Vessel activities segment, the Company operates and charters out LNG carriers and FSRUs on fixed terms to customers. Through the LNG trading segment, the Company provides physical and financial risk management in LNG and gas markets for clients around the world. The FLNG segment includes the costs associated with the conversion of its LNG carrier, the Hilli, to a FLNG.

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