Golar LNG Partners LP

GMLPF

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Identification

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Ticker
GMLPF
CIK0001415916
SIC4400
SectorTransportation, Communications, Electric, Gas, And Sanitary Services
Industry CategoryTransportation
Industry GroupWater Transport

Contact

Address2ND FLOOR, S.E. PEARMAN BUILDING, 9 PAR-LA-VILLE ROAD, HAMILTON, D0, HM 11
Website www.golarlngpartners.com
Phone1 441-295-4705
CEOGraham Robjohns
Employees575

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Standardized Financials

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Intrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals.

For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards.

Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics:

Income Statement
Revenue$284.73 million
Pre-Tax Income$23.11 million
Net Income$18.08 million
Net Income to Common$19.20 million
EPS$0.00
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Balance Sheet
Cash$48.78 million
Assets$2.03 billion
Liabilities$1.40 billion
Common Equity$410.22 million
Liabilities & Equity$2.03 billion
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Cash Flow Statement
Calculations
NOPAT$34.29 million
EBITDA$158.01 million
Price to Earnings$0.90
Price to Book$0.04
ROE2.83%
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Latest News

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Intrinio provides up-to-date news articles on every US company from various sources. Here are several examples:

TortoiseEcofin Announces Constituent Changes Due to Merger and Acquisition Activity

LEAWOOD, KS / ACCESSWIRE / April 15, 2021 / TortoiseEcofin today announced that Golar LNG Partners LP (NASDAQ:GMLP) will be removed from the Tortoise MLP Index® (TMLP) as a result of the approved merger with New Fortress Energy Inc (NASDAQ:NFE). Due to the merger, GMLP will be removed from the index at market open on Monday, April 19, 2021.

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New Fortress Energy Completes Acquisition of Golar LNG Partners LP

April 15, 2021 – Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) today announces the completion of its sale to New Fortress Energy Inc. (“NFE”). Under NFE’s merger agreement with GMLP, NFE acquired all of the outstanding common units of GMLP for $3.55 per common unit in cash. NFE also acquired GMLP’s general partner for equivalent consideration. The transaction is valued at a $1.9 billion enterprise value and $251 million equity value. The Series A preferred units of GMLP will remain outstanding following the merger. “We are confident that the sale of GMLP to NFE is a good solution to all GMLP stakeholders, and successfully concludes the announced strategic review for the Partnership. We would like to thank all of our stakeholders for the interest and support through the Partnership’s public history. We would also like to thank the NFE team for an efficient closing of the transaction and wish NFE all the best for the future development of GMLP’s asset base.”, said CEO Karl Fredrik Staubo. FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements concerning future events. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words “believe”, “anticipate”, “expect”, “estimate”, “project”, “will be”, “will continue”, “will likely result”, “plan”, “intend” or words or phrases of similar meanings. Such statements are generally not historical in nature and specifically include statements about GMLP’s plans, strategies, business prospects and changes and trends in the business in which it operates. New factors emerge from time to time, and it is not possible for GMLP to predict all of these factors. Further, GMLP cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. Any forward-looking statement applies only as of the date on which such statement is made, and GMLP does not intend to publicly release any updates or revisions to any forward-looking statements contained herein to reflect any change in GMLP’s expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Golar LNG Partners LP Hamilton, Bermuda April 15, 2021 Questions should be directed to: c/o Golar Management Ltd - +44 207 063 7900 Karl Staubo Stuart Buchanan This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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UPDATE 1-Golar LNG says CEO resigns, shares tumble

Golar LNG said on Monday Chief Executive Officer Iain Ross had resigned, after nearly four years with the energy firm, sending its shares down nearly 5%. Golar said it would immediately start the search for a new CEO, adding Ross' contractual termination period of six months can be prolonged or reduced upon mutual agreement. Ross, who took up the top job in September 2017, had been an executive with Australian industrial engineering company WorleyParsons Ltd before joining Golar.

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New Fortress Energy Inc. -- Moody's rates New Fortress Energy Inc.'s notes B1

The SGL-3 Speculative Grade Liquidity rating is unchanged. The outlook on all ratings is stable.In January, 2021 NFE announced that it reached agreements to acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP that will add three Brazilian terminals and power plants to its asset portfolio, as well as an additional fleet of floating storage vessels, LNG carriers and a 50% interest in a floating liquefied natural gas vessel.

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Golar LNG Partners LP - Announcement of filing of Form 20-F Annual Report

Golar LNG Partners LP announces that it has filed its Form 20-F for the year ended December 31, 2020 with the Securities and Exchange Commission in the U.S. Form 20-F can be downloaded from the link below, is available on our website (www.golarlngpartners.com) and unitholders may receive a hard copy free of charge upon request. March 16, 2021 The Board of Directors Hamilton, BermudaEnquiries:Golar Management Limited: + 44 207 063 7900Karl Fredrik StauboStuart Buchanan This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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