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Golar LNG Partners LP (GMLP.OQ)

GMLP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Golar LNG Partners has purchased a nominal amount its 2017 maturing bonds
Thursday, 23 Mar 2017 08:09am EDT 

Golar Lng Partners Lp : Has purchased a nominal amount of NOK 353 million of its 2017 maturing bonds .Outstanding amount of bonds after transactions is NOK 329 million.  Full Article

Golar LNG enters time charter for up to a maximum of 9 yrs
Friday, 17 Mar 2017 08:18am EDT 

Golar LNG Partners Lp : Golar LNG - entered time charter for up to a maximum of 9 yrs with an international oil and gas company for one of its Steam LNG Carriers, Golar Grand . Golar LNG Partners Lp- vessel will be delivered under new charter during Q2, 2017 for an initial period of 2 years .Golar LNG Partners Lp - Golar Grand is currently on charter with Golar LNG Limited will therefore be sub-chartered back from Golar LNG.  Full Article

Golar LNG partners LP preliminary fourth quarter and financial year 2016 results
Tuesday, 28 Feb 2017 08:42am EST 

Golar LNG Partners LP : Golar LNG Partners LP preliminary fourth quarter and financial year 2016 results . Q4 revenue $114.9 million versus I/B/E/S view $114.5 million . Golar LNG Partners LP says Golar Tundra will also not contribute to operating earnings during 1Q 2017 .Golar LNG Partners LP says operating expenses are expected to be slightly higher in 1Q 2017.  Full Article

Golar LNG prices offering for proceeds of about $103.5 mln
Wednesday, 8 Feb 2017 04:43am EST 

Golar Lng Partners Lp : Golar LNG Partners LP announces pricing of public offering . Says offering 4.50 million common shares .Priced its offering of 4.5 million common units for total gross proceeds of approximately $103.5 million.  Full Article

Golar LNG Partners LP announces public offering of 4,500,000 common units
Tuesday, 7 Feb 2017 04:07pm EST 

Golar LNG Partners LP :Golar LNG Partners LP announces public offering of 4,500,000 common units.  Full Article

Golar LNG Partners files for potential mixed shelf offering
Wednesday, 26 Oct 2016 06:18am EDT 

Golar Lng Partners Lp :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Golar LNG announces exchange of incentive distribution rights
Friday, 14 Oct 2016 08:34am EDT 

Golar Lng Partners Lp : Announces exchange of incentive distribution rights . Says agreement to exchange all of existing incentive distribution rights for issuance of a new class of incentive distribution rights . Says in connection with transaction, minimum quarterly distribution will be $0.5775 per common unit . Says partnership expects to enter into preliminary discussions with Golar regarding potential acquisition of interest in Golar Hilli . Transaction was approved by board of directors of partnership . Says in event partnership acquires an interest in Golar Hilli, it is expected to add significantly to partnership's revenue backlog .Says if partnership buys interest in Golar Hilli, it is expected to reduce exposure to existing time charters that run off at 2017 end.  Full Article

Golar LNG Partners reports interim results for the period ended 30 June 2016
Wednesday, 31 Aug 2016 09:44am EDT 

Golar LNG Partners LP : Interim results for the period ended 30 June 2016 . Q2 revenue $111.8 million versus I/B/E/S view $114 million . Says operating earnings in 3Q should therefore be approximately in line with 2Q . Golar Tundra will not commence operations in 3Q but Golar Partners will receive approximately $2.6 million per month from Golar . Says Golar Partners has no vessels due for re-contracting until end of 2017 . Says Golar Partners has a $2.4 billion revenue backlog at quarter-end .Qtrly net income attributable to Golar LNG Partners L.P. Owners $28 million versus $41 million.  Full Article

Golar LNG Qtrly revenue $101.1 mln
Tuesday, 31 May 2016 08:51am EDT 

Golar LNG Partners Lp : Interim results for the period ended 31 march 2016 . Net income attributable to unit holders of $16.8 million and operating income of $56.1 million for q1 of 2016 . Q1 revenue view $104.6 million -- Thomson Reuters I/B/E/S .Qtrly revenue $101.1 million versus $99.8 million.  Full Article

Golar enters into agreement to acquire ownership interests in Tundra Corp
Wednesday, 10 Feb 2016 09:20am EST 

Golar LNG Partners LP:Tundra acquisition.Says purchase price of $330.0 million.Concurrently with the execution of the purchase agreement, the partnership paid an approximate 10% deposit to Golar.Says Golar tundra acquisition is expected to be an accretive transaction.Says the Golar tundra is expected to commence operations under the Golar tundra time charter in the second quarter of 2016.Has entered into an agreement to acquire the ownership interests in tundra corp from Golar LNG Limited.Partnership's management does not intend to recommend to board increase in partnership's quarterly cash distribution due to deal.Prior to deal closing, Golar LNG Partners expects to enter into a new, 5 year, $800 million senior secured credit facility.New credit facility is expected to consist of $650 million term loan facility and a $150 million revolving credit facility.Partnership estimates deal will generate annual contracted revenue less operating expenses of about $44 million.Says acquisition will increase revenue backlog to a total of $2.62 billion as at December 31, 2015.  Full Article

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