GMLP Profile
Golar
LNG Partners LP (GMLP) is a limited partnership that owns and operates
liquefied natural gas (LNG) carriers and floating storage
regasification units (FSRUs). The company's vessels are primarily used
to transport and regasify LNG for its customers, which include major
energy companies and national utilities. Golar LNG Partners is based
in Hamilton, Bermuda.
Golar LNG Partners had a market
capitalization of approximately $350 million. The company's revenue
for the second quarter of 2021 was $64.8 million, representing an
increase from $38.6 million in the previous year. Golar LNG Partners'
net income for the same period was $2.1 million, representing a
decrease from $12.6 million in the previous year.
Golar LNG
Partners' business is subject to various risks, including fluctuations
in demand for LNG, changes in commodity prices, and regulatory
changes. However, the company's focus on the transportation and
regasification of LNG may position it well for continued success in
the future.
Golar LNG Partners pays a quarterly cash
distribution to its unitholders. The distribution is subject to
various factors, including the company's financial performance and
market conditions. As a limited partnership, Golar LNG Partners is
structured as a pass-through entity, meaning that it is not subject to
federal income tax at the corporate level.
Golar LNG Partners'
stock is traded on the NASDAQ stock exchange under the ticker symbol
GMLP. Investors should carefully consider their investment objectives,
risk tolerance, and other factors before investing in Golar LNG
Partners or any other limited p
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