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Long/short equity, value, event-driven, research analyst

Golar Trades At A 25% Discount And Pays 5.5% To Wait For Inevitable Growth Catalysts

Golar LNG Limited (NASDAQ:GLNG) is a $2.6 billion midstream liquefied natural gas company that engages in the transportation, regasification, liquefaction, and trading of LNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRU); and the development of LNG projects. As of December 31, 2012, the company owned and operated a fleet of six LNG carriers and operated Golar LNG Partner LP's fleet of seven LNG carriers and FSRUs. Golar LNG Limited was founded in 1946 and is headquartered in Bermuda.

Financial Summary & Prospects

Golar LNG currently trades for just over $32 per share, with a P/E of 18.3 compared to a shipping industry average of 30.9. The...

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