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Stock Market & Financial Investment News

News Breaks
January 31, 2013
09:46 EDTGMLPGolar LNG Partners LP 3.9M share Spot Secondary priced at $30.00
The deal priced at the bottom of the $30.00-$30.20 range. Morgan Stanley and Citigroup acted as joint book running managers for the offering.
News For GMLP From The Last 14 Days
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August 28, 2015
07:50 EDTGMLPGolar LNG Partners weakness 'a golden opportunity,' says Stifel
After Golar LNG reported higher than expected EPS but lower than expected revenue, Stifel says that its distributions are "still well protected," and the firm remains upbeat on the FSRU market. The firm notes that the units trade at a 12.9% yield, and it thinks that the optionality from the increased exposure to FLNG and FSRU presents a compelling opportunity. It lowered its price target on the units to $29 from $33 but keeps a Buy rating.

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