Golar LNG Limited (USA) (GLNG) was Upgraded by Jefferies to ” Buy”. Earlier the firm had a rating of “Hold ” on the company shares. Jefferies advised their investors in a research report released on Apr 22, 2016.
Golar LNG Limited (USA) closed down -0.47 points or -2.02% at $22.83 with 19,07,827 shares getting traded on Wednesday. Post opening the session at $23.38, the shares hit an intraday low of $22.4 and an intraday high of $23.7674 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Golar LNG Limited (Golar) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs). As of March 31 2010 Golar had a fleet of 13 vessels 10 LNG carriers three FSRUs and a 50% interest in a further LNG carrier. On June 22 2009 the Company formed a wholly owned subsidiary Golar LNG Energy Limited (Golar Energy). As of December 31 2009 it owned 73.8% of Golar Energy. Golar Energy specializes in the acquisition ownership operation and chartering of FSRUs and the development of liquefaction projects. In 2011 the Company made the following acquisitions: Golar LNG Energy Limited (July) a floating storage and regasification unit Golar Freeze (October). On January 23 2012 the Company acquired a Moss type carrier namely LNG Carrier Gandria. On July 19 2012 it sold its interest in the companies owning and operating the Nusantara Tegas Satu FSRU.