Added to YB: 2025-03-17
Pitch date: 2025-03-16
GLNG [bullish]
Golar LNG Limited
+36.72%
current return
Author Info
Under the Hood is a private investor (ex-NYSE, Bridgewater, Alliance Bernstein) writing about stocks. Sign up for their newsletter.
Company Info
Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas.
Market Cap
$5.1B
Pitch Price
$32.88
Price Target
55.00 (+22%)
Dividend
2.01%
EV/EBITDA
21.07
P/E
34.33
EV/Sales
13.62
Sector
Oil, Gas and Consumable Fuels
Category
value
Golar LNG: Elite Assets Plunged 25%
GLNG: FLNG leader w/ 30% capacity. Hilli & Gimi (5.1 Mtpa) generate $500M EBITDA by 2027. MKII (3.5 Mtpa) adds $500M by 2028. $4B EV at 8x EV/EBITDA, low vs $5.1B rebuild cost. Upside: Southern Energy stake, 2nd MKII option. 25% drop unjustified. $54-55/share target (60%+ upside).
Read full article (8 min)