Golar LNG Partners LP GMLPF 16.00 Golar LNG Partners LP

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Range:7.8-14.5Vol Avg:5031Last Div:2.19Changes:-0.05
Beta:1.03Cap:0.00BCurrency:USDExchange:PNK
Sector:EnergyIPO:Tue Oct 31 2017Empoloyees:516
CUSIP:CIK:0001415916ISIN:MHY2745C1104Country:BM
CEO:Website:https://www.golarlngpartners.com
Golar LNG Partners owns floating storage and regasification units and liquefied natural gas carriers. Golar LNG Partners are a growth-oriented limited partnership formed by Golar LNG Limited (NasdaqGS: GLNG; OSE: GOL) to own and operate floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters, which they define as charters of five years or more. They intend to leverage the relationships, expertise, and reputation of Golar, a leading independent owner, and operator of FSRUs and LNG carriers, to pursue growth opportunities in these areas. While they intend to operate their assets under long-term charters with stable cash flows, Golar intends to focus primarily on FSRU and LNG project development, LNG trading and LNG transportation, storage, and regasification activities with contract terms and associated cash flows that are more short-term and/or variable in nature.

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