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Golar LNG Partners LP (GMLP) [hlAlert]

Rating:
Buy GMLP
down 47.03 %

Golar LNG Partners LP (GMLP) rated Buy by BofA/Merrill

Posted on: Wednesday,  Jul 10, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Golar LNG Partners LP (NASDAQ: GMLP) on 07/10/2013, when the stock price was $33.72. Since
then, Golar LNG Partners LP has lost 47.03% as of 01/21/2016's recent price of $17.86.
If you would have followed this BofA/Merrill's recommendation on GMLP, you would have lost 47.03% of your investment in 925 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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 8:25 AM Buy
None
33.72
as of 12/13/2013
1 Week down  -2.41 %
1 Month down  -7.14 %
3 Months down  -16.50 %
1 YTD down  -16.01 %

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