Here's Why Investors Should Retain Golar LNG (GLNG) Stock Now
Golar LNG (GLNG) ZACKS·2024-06-26 22:16
Golar LNG Limited (GLNG) is bolstered by a strong liquidity position and declining operating expenses. The shareholder-friendly approach is praiseworthy. The growing floating LNG or liquefied natural gas market is a huge tailwind for the company. However, elevated vessel expenses do not benefit the company’s bottom line.Factors Favoring GLNGGolar’s commitment to rewarding its shareholders through dividends and buybacks is commendable. In 2023, the company paid more than $168 million in dividends and share b ...