Key Developments: Golar LNG Partners LP (GMLP.O)
34.90USD
22 May 2013
$-0.18 (-0.51%)
$35.08
$35.15
$35.76
$34.51
120,997
170,035
$36.00
$25.52
Latest Key Developments (Source: Significant Developments)
Golar LNG Partners LP Declares Quarterly Cash Distribution
Golar LNG Partners LP announced that its board of directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2013 of $0.515 per unit. This represents an increase of $0.015 per unit from the fourth quarter of 2012 cash distribution. This cash distribution will be paid on May 16, 2013 to all unitholders of record as of the close of business on May 9, 2013. Full Article
Golar LNG Ltd Sells Golar Maria Carrier To Golar LNG Partners LP For $215 Million-DJ
Dow Jones reported that Golar LNG Ltd has agreed to sell the company that owns and operates the liquefied natural gas carrier, the Golar Maria, together with its time-charter, to Golar LNG Partners LP (GMLP) for $215 million. The Company expects to reinvest a significant part of the net proceeds in its newbuilding program and other capital projects. On January 30, 2012 the partnership said it plans to offer 3.9 million common units representing limited partner interests and intends to use the net proceeds to fund part of the Golar Maria purchase. If the acquisition doesn't come through, Golar Partners will use the proceeds for general partnership purposes. Full Article
Golar LNG Partners LP Announces Fourth Quarter 2012 Cash Distribution
Golar LNG Partners LP announced that its board of directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2012 of $0.50 per unit. This represents an increase of $0.025 per unit or 5.3% from the third quarter of 2012 cash distribution and reflects the full accretive value of the acquisition of Golar Grand which was completed in November 2012. This cash distribution will be paid on February 14, 2013 to all unitholders of record as of the close of business on February 1, 2013. Full Article
Golar LNG Partners LP Announces Listing of New Loan
Golar LNG Partners LP announced that it will be listing a new closed loan Golar LNG Partners LP 12/17 FRN of NOK 1,300 million on Oslo Bors on December 20, 2012. The ticker is GOLP01 and ISIN is NO0010661358. The maturity date is October 12, 2017. The interest rate is 7.11% (three-month NIBOR plus 5.20%). The loan is interest-bearing as of October 12, 2012. DNB Markets and Nordea Markets act as facilitators. Full Article
Golar LNG Partners LP Announces Second Quarter 2012 Cash Distribution
Golar LNG Partners LP announced that its board of directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2012 of $0.44 per unit. This represents an increase of 2.3% from the first quarter of 2012. Full Article
Golar LNG Ltd Completes Sale Of Nusantara Regas Satu to Golar LNG Partners L.P.
Golar LNG Ltd announced that it has completed its sale of interests in the companies that own and operate the floating storage and regasification unit (FSRU) Nusantara Regas Satu to Golar LNG Partners L.P. for a price of USD 385 million. The Company has agreed to provide Golar LNG Partners L.P. with USD 155 million in vendor financing with the balance of USD 230 million to be received in cash. It is anticipated that the Partnership will secure bank financing and use the proceeds from this to repay the Company's vendor financing during the third quarter. Full Article
Golar LNG Ltd Announces Sale of Nusantara Regas Satu to Golar LNG Partners LP
Golar LNG Ltd announced that it has entered into an agreement to sell the ownership interests in the companies that own and operate the floating storage and regasification unit (FSRU) Nusantara Regas Satu(formerly Khannur) to Golar LNG Partners LP for USD 385 million. The transaction is subject to the satisfaction of certain closing conditions. The Company expects to reinvest a part of the net proceeds received from the sale in new LNG carriers and FSRU's. Full Article
Golar LNG Partners LP Announces First Quarter 2012 Cash Distribution
Golar LNG Partners LP announced that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2012 of $0.43 per unit. This is consistent with the $0.43 per unit cash distribution paid for the previous quarter ending December 31, 2011. Full Article
Golar LNG Partners LP Proposes Quarterly Cash Dividend
Golar LNG Partners LP announced that its Board has proposed an increased quarterly cash dividend of $0.325 per share in respect of the fourth quarter 2011 results. The record date for the dividend is March 11, 2012, ex-dividend date is March 7, 2012 and the dividend will be paid on or about March 21, 2012. Full Article
Golar LNG Partners LP Announces Third Quarter 2011 Cash Distribution
Golar LNG Partners LP announced that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2011 of $0.40 per unit. This represents an increase of $0.015 per unit or 3.9% from the previous quarter. This cash distribution will be paid on November 14, 2011 to all unitholders of record as of the close of the business on November 7, 2011. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
