Golar LNG Partners LP - Common Limited Partnership (GMLP) News
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GMLP News Highlights
- For GMLP, its 30 day story count is now at 3.
- Over the past 3 days, the trend for GMLP's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about GMLP are NFE, LNG and MLP.
Latest GMLP News From Around the Web
Below are the latest news stories about Golar LNG Partners LP that investors may wish to consider to help them evaluate GMLP as an investment opportunity.
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.
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 pub...
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.
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
Shares of Golar LNG Partners (NASDAQ:GMLP) rose by 24.71% in the past three months. Before we understand the importance of debt, let us look at how much debt Golar LNG Partners has. Golar LNG Partners's Debt According to the Golar LNG Partners's most recent balance sheet as reported on April 30, 2020, total debt is at $1.34 billion, with $1.11 billion in long-term debt and $227.24 million in current debt. Adjusting for $47.66 million in cash-equivalents, the company has a net debt of $1.29 billion. Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or l...
Golar LNG Partners LP (“the Partnership”) (NASDAQ: GMLP) announced today that its board of directors has approved a quarterly cash distribution with respect to the quarter ended December 31, 2020 of $0.0202 per common and general partner unit. This cash distribution will be paid on February 12, 2021 to all common and general partner unitholders of record as of the close of business on February 5, 2021. As set forth in our press release dated January 13, 2021, the Partnership has entered into a merger agreement with New Fortress Energy, Inc. (“NFE”). For additional information, please see the Partnership’s definitive proxy statement which will be filed with the Securities and Exchange Commission. A cash distribution of $0.546875 per Series A preferred unit (NASDAQ: GMLPP) for the period ...
New York City-based New Fortress Energy has lined up a $5 billion deal to acquire Hygo Energy Transition and Golar LNG Partners.
New Fortress Energy to acquire Hygo Energy Transition and Golar LNG Partners in $5 billion combined deal
New Fortress Energy Inc. undefined said Wednesday it has agreed to acquire Hygo Energy Transition Ltd. and Global LNG Partners LP undefined in a combined…
New Fortress Energy to Acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in Combined $5 Billion Transaction
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), and Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”). “With a strong presence in Brazil and a world-class LNG shipping bus
Golar LNG Partners (GMLP) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.