GLNG - Golar LNG Partners: Solid Quarter Likely To Improve
On Monday, November 5, 2018, liquefied natural gas tanker operator Golar LNG Partners LP (GMLP) announced its third quarter 2018 earnings results. The initial headline numbers here were quite good as the company beat the expectations of analysts on both its top and bottom lines. A closer look at the company's results does indeed show that the company had an excellent quarter despite the fact that it did end up cutting its distribution. As I explained in my original article on the company though, this distribution cut was expected and in fact,