GMLPP News and Press, Golar LNG Partners LP 8.75% Series A Cumulative Redeemable Preferred Units

In October 2021, we participated in the new issuance of Golar’s 7% unsecured bonds due 2025. Since Golar issued the bond, the price has declined modestly, reflecting the rise in interest rates largely offset by the tightening of the credit spread. During 1Q22, we added to o...

Merger activity increased last week with six new deals announced. $50 billion worth of deals announced in a single week. Thermo Fisher Scientific to acquire PPD Inc. For further details see: Merger Arbitrage Mondays - Microsoft's Acquisition Of Nuance Offers A 5% Spread ...

Golar LNG Partners LP (GMLP) Q4 2020 Earnings Conference Call February 25, 2021, 11:30 ET Company Participants Karl Staubo - Interim CEO Conference Call Participants Randall Giveans - Jefferies Liam Burke - B. Riley Securities Presentation Operator Ladies and gentlemen, thank you for standing...

Höegh LNG Partners leases FSRUs (floating storage regasification units) on very long-term contracts. Their contracts are very profitable and have an average of over 8.5 years until expiration making HMLP an unusually stable shipping company. HMLP’s preferred stock (HML...

Golar LNG Partners LP 8.75% CUM RED PFD UNIT SER A (GMLPP) declares $0.5469/share quarterly dividend, in line with previous.Forward yield 8.9%Payable Feb. 15; for shareholders of record Feb. 8; ex-div Feb. 5.See GMLPP Dividend Scorecard, Yield Chart, & Dividend Growth. For further detai...

Merger activity decreased last week with six new deals announced. Acacia Communications and Cisco Systems announced an amendment to their merger agreement. Google completes the acquisition of Fitbit. For further details see: Merger Arbitrage Mondays - Fitbit Closes And A...

Company surprisingly sells its stakes in busted IPO Hygo Energy Transition and Golar LNG Partners to peer New Fortress Energy. In aggregate, the transactions will provide approximately $130 million in much-needed liquidity. In addition, the company will receive 18.6 million shares of ...

Value Investor's Edge Live continues with this latest episode focused on the LNG shipping segment of the shipping industry. Oystein Kalleklev, CEO of FLNG, joined us to discuss the LNG shipping markets and FLNG's capital allocation priorities into 2021. FLNG has committed to distr...

Value Investor's Edge Live continues with this latest episode focused on the LNG shipping segment of the shipping industry. TGP CEO Mark Kremin and CFO Scott Gayton talk about the LNG markets and TGP's capital allocation plans. We discuss leverage targets and the balance between d...

Golar LNG has recently announced an equity raising to help stabilize their shaky financial position but their outlook for deleveraging is long and painful at best. They have no history of producing free cash flow, which not ideal in this situation. To make matter worse, their leve...