Golar LNG Limited (GLNG): A Bull Case Theory
From Yahoo Finance: 2025-05-07 10:59:00
Golar LNG Limited (GLNG) shares were trading at $42.51 as of April 30th, with a trailing P/E of 88.55 and forward P/E of 21.60 according to Yahoo Finance. The company is transitioning away from low-margin LNG carrier shipping to focus on profitable Floating Liquefied Natural Gas (FLNG) units, positioning itself for significant free cash flow generation.
Despite not being among the 30 Most Popular Stocks Among Hedge Funds, 56 hedge fund portfolios held GLNG at the end of the fourth quarter. While GLNG shows promise, some AI stocks may offer higher returns within a shorter timeframe. Investors interested in AI stocks trading at less than 5 times earnings can explore other options for potential investments.
Read more at Yahoo Finance: Golar LNG Limited (GLNG): A Bull Case Theory