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Enter Symbol:
Golar LNG Partners LP (GMLP) [hlAlert]

down 46.71 %

Golar LNG Partners LP (GMLP) rated Outperform by Wells Fargo

Posted on: Wednesday,  Sep 19, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Golar LNG Partners LP (NASDAQ: GMLP) on 09/19/2012, when the stock price was $33.52.
Since then, Golar LNG Partners LP has lost 46.72% as of 01/21/2016's recent price of $17.86.
If you would have followed this Wells Fargo's recommendation on GMLP, you would have lost 46.71% of your investment in 1219 days.

Golar LNG Partners LP (Golar LNG Partners) formed by Golar LNG Limited (Golar) to own and operate floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters. The Company is a wholly-owned subsidiary of Golar. Its general partner is Golar GP LLC, a wholly owned subsidiary of Golar LNG Limited. The Company focuses to leverage the relationships and expertise of Golar, an independent owner and operator of FSRUs and LNG carriers. Golar intends to focus primarily on FSRU and LNG project development, LNG trading and LNG transportation, storage and regasification activities. The Company has 100% interest in the Golar Spirit. The Golar Spirit operates as a traditional LNG carrier. The Company has a 100% interest in the Golar Winter. The Company has a 100% interest in the Methane Princess, and a 60% interest in the Golar Mazo.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2012 8:25 AM Buy
as of 12/31/2012
1 Week up  2.01 %
1 Month down  -0.16 %
3 Months down  -6.83 %
1 YTD down  -10.94 %

(*) Stock Price at the time of the recommendation.
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