Golar LNG Stock (NASDAQ:GLNG), Trade Ideas

Golar LNG

Golar LNG Ltd is a midstream LNG company that operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), and Corporate and other. It generates maximum revenue from the FLNG segment.

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On CNBC’s &#34;Mad Money Lightning Round,&#34; Jim Cramer said  Carpenter Technology Corporation  (NYSE: CRS) is a &#34;very, very good company, Philadelphia-area company.

Jim Cramer Writes Off Entire Telco, Wireless Industry: &#39;It&#39;s Such A Shame&#39;

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Golar LNG Q1: Revenue Misses Consensus, Reinstates Dividend Payment, Discloses $150M Share Buyback

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Markets traded lower during Friday’s pre-market session following the Bureau of Economic Analysis report on a 5.4% increase in the personal consumption expenditures (PCE) price index for the month of January.

Stocks Tank After Latest Inflation Data: Here&#39;s What Got Hit The Hardest

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Golar LNG shares are trading higher following Q4 financial results.

Friday marks the last chance for investors to receive the next dividend payout from Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 25 cents per share. On Monday, Golar LNG will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own GLNG as of the end of Friday's session are eligible to receive the 25 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 20, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/GLNG">See current stock movements Golar LNG on Benzinga.</a>

Dividends

Golar LNG: Dividend Insights

Golar LNG Approves Q4 2023 Dividend Of $0.25 Per Share To Be Paid On Or Around March 20, 2024

Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) reported quarterly sales of $79.68 million which beat the analyst consensus estimate of $79.18 million by 0.63 percent. This is a 34.73 percent increase over sales of $59.14 million the same period last year.

Golar LNG Q4 Sales $79.68M Beat $79.18M Estimate, Company Exits Quarter With Cash And Equivalents Worth $679.23M

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Earnings Scheduled For February 29, 2024

Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) is set to give its latest quarterly earnings report on Thursday, 2024-02-29. Here's what investors need to know before the announcement.
Analysts estimate that Golar LNG will report an earnings per share (EPS) of $0.47. 
Golar LNG bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.68, which was followed by a 3.13% increase in the share price the next day.
Here's a look at Golar LNG's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.44</td>
<td>0.49</td>
<td>0.81</td>
<td>0.54</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.12</td>
<td>-0.04</td>
<td>-0.95</td>
<td>0.67</td>
</tr>
<tr>
<td>Price Change %</td>
<td>3.0%</td>
<td>-2.0%</td>
<td>-4.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709128911_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Golar LNG were trading at $21.16 as of February 26. Over the last 52-week period, shares are down 6.12%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/GLNG/earnings">To track all earnings releases for Golar LNG visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Golar LNG

Wednesday marks the last chance for investors to receive the next dividend payout from Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a quarterly dividend of 25 cents per share. On Thursday, Golar LNG will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own GLNG as of the end of Wednesday's session are eligible to receive the 25 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 11, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Golar LNG <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Golar LNG's Ex-Dividend Date Is Thursday, Here's What You Need To Know

<h3>Companies Reporting Before The Bell</h3>
&bull; Golden Ocean Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGL#NASDAQ">GOGL</a>) is likely to report quarterly earnings at $0.11 per share on revenue of $149.42 million.
&bull; Singing Machine Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICS#NASDAQ">MICS</a>) is likely to report earnings for its second quarter.
&bull; Yiren Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YRD#NYSE">YRD</a>) is projected to report earnings for its third quarter.
&bull; Arqit Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) is expected to report earnings for its Fiscal Year 2023.
&bull; Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) is estimated to report quarterly earnings at $0.18 per share on revenue of $21.40 million.
&bull; MediWound (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDWD#NASDAQ">MDWD</a>) is likely to report quarterly loss at $0.44 per share on revenue of $4.74 million.
&bull; Dycom Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DY#NYSE">DY</a>) is projected to report earnings for its third quarter.
&bull; Yatsen Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YSG#NYSE">YSG</a>) is expected to report earnings for its third quarter.
&bull; Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) is projected to report earnings for its third quarter.
&bull; Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) is likely to report earnings for its third quarter.
&bull; Caleres (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAL#NYSE">CAL</a>) is expected to report earnings for its third quarter.
&bull; Tsakos Energy Navigation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNP#NYSE">TNP</a>) is expected to report earnings for its third quarter.
&bull; Kingsoft Cloud Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) is likely to report earnings for its third quarter.
&bull; Jacobs Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/J#NYSE">J</a>) is estimated to report quarterly earnings at $1.89 per share on revenue of $4.16 billion.
&bull; American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is projected to report earnings for its third quarter.
&bull; Dick&#39;s Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) is estimated to report earnings for its third quarter.
&bull; Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) is expected to report earnings for its third quarter.
&bull; Freightos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRGO#NASDAQ">CRGO</a>) is expected to report quarterly loss at $0.13 per share on revenue of $5.07 million.
&bull; Kohl&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) is estimated to report quarterly earnings at $0.33 per share on revenue of $4.11 billion.
&bull; Abercrombie &amp; Fitch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) is likely to report earnings for its third quarter.
&bull; New Jersey Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NJR#NYSE">NJR</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $760.00 million.
&bull; Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) is expected to report quarterly earnings at $2.00 per share on revenue of $2.70 billion.
&bull; Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) is projected to report quarterly earnings at $1.19 per share on revenue of $9.91 billion.
&bull; iQIYI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $1.10 billion.
&bull; Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is projected to report quarterly earnings at $1.18 per share on revenue of $7.92 billion.
&bull; Hibbett (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIBB#NASDAQ">HIBB</a>) is estimated to report earnings for its third quarter.
&bull; Embecta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) is likely to report earnings for its fourth quarter.
&bull; Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $73.81 million.
&bull; Lowe&#39;s Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) is expected to report earnings for its third quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Guess (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>) is projected to report earnings for its third quarter.
&bull; Agora (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) is estimated to report quarterly loss at $0.10 per share on revenue of $40.17 million.
&bull; TDCX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDCX#NYSE">TDCX</a>) is projected to report earnings for its third quarter.
&bull; Emeren Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) is projected to report earnings for its third quarter.
&bull; Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) is likely to report earnings for its third quarter.
&bull; Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) is likely to report earnings for its third quarter.
&bull; DLocal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLO#NASDAQ">DLO</a>) is likely to report quarterly earnings at $0.15 per share on revenue of $168.51 million.
&bull; HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) is likely to report earnings for its fourth quarter.
&bull; NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is expected to report quarterly earnings at $3.16 per share on revenue of $15.19 billion.
&bull; Jack In The Box (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) is estimated to report quarterly earnings at $1.15 per share on revenue of $372.44 million.
&bull; Banco BBVA Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAR#NYSE">BBAR</a>) is estimated to report earnings for its third quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For November 21, 2023

Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) reported quarterly sales of $67.25 million which missed the analyst consensus estimate of $73.81 million by 8.88 percent. This is a 1.73 percent decrease over sales of $68.44 million the same period last year.

Golar LNG Q3 Sales $67.25M Miss $73.81M Estimate

Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) is set to give its latest quarterly earnings report on Tuesday, 2023-11-21. Here's what investors need to know before the announcement.
Analysts estimate that Golar LNG will report an earnings per share (EPS) of $0.44. 
Golar LNG bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.53, which was followed by a 2.48% drop in the share price the next day.
Here's a look at Golar LNG's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.49</td>
<td>0.81</td>
<td>0.54</td>
<td>0.34</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.04</td>
<td>-0.95</td>
<td>0.67</td>
<td>1.31</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.48%</td>
<td>-4.01%</td>
<td>-0.44%</td>
<td>1.15%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1700488824_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Golar LNG were trading at $22.03 as of November 17. Over the last 52-week period, shares are down 13.01%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/GLNG/earnings">To track all earnings releases for Golar LNG visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Golar LNG

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Panama Canal Says Will Slash Booking Slots Over Coming Months Due To Lack Of Rain; Will Slash Booking Slots To 25 From Nov. 3 To Nov. 6

Citigroup analyst Christian Wetherbee reinstates Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) with a Neutral and announces $27 price target.

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Citigroup Reinstates Neutral on Golar LNG, Announces $27 Price Target

On CNBC&rsquo;s &quot;Mad Money Lightning Round,&quot; Jim Cramer said Carpenter Technology Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>) is a &quot;very, very good company, Philadelphia-area company. Now the stock has had quite a run, I don&rsquo;t know if I just want to come in and buy it, but you&rsquo;ve <a href="https://www.benzinga.com/news/earnings/23/09/34814389/fear-greed-index-moves-to-fear-zone-after-dow-falls-for-third-straight-session"> got a winner there.&quot;</a>&nbsp;He added, &quot;I have liked that company for <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/09/34786230/jim-cramer-calls-this-stock-an-unbelievable-infrastructure-play-its-up-43-in-past-year">many, many years.&quot;</a>
When asked about Golar LNG Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/glng#NASDAQ">GLNG</a>), he said, &quot;Honestly, if you&rsquo;re going to be in LNG, just go to Coterra Energy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ctra#NYSE">CTRA</a>).&quot;
Aehr Test Systems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aehr#NASDAQ">AEHR</a>) is a &quot;very interesting testing company,&quot; Cramer said. &quot;I would rather see you in Emerson, as a matter of fact, I think it&rsquo;s a better situation.&quot;
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
The &quot;Mad Money&quot; host said Harmonic (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hlit#NASDAQ">HLIT</a>) is in &quot;telco and wireless and that is just not where you can be. It&rsquo;s such a shame that we just kind of, that I&rsquo;ve kind of written off a whole industry, but I have to be careful, that industry is not doing well.&quot;
When asked about SoFi Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sofi#NASDAQ">SOFI</a>), he said, &quot;I think, if anything, I&rsquo;m a buyer, not a seller.&quot;
Cramer said Watsco, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wso#NYSE">WSO</a>) is a &quot;very, very good company.&quot;
Price Action: Shares of Watsco fell 2.8% to close at $346.47, while SoFi Technologies lost 4.5% to $7.95 on Thursday. Harmonic shares gained 0.3% to settle at $9.57, while Aehr Test Systems fell 6.2% to close at $42.56 on Thursday. Golar LNG shares slipped 0.7% to settle at $23.07, while Coterra Energy declined 3.1% to close at $26.10 during Thursday&rsquo;s session. Carpenter Technology shares rose 0.5% to close at $68.79 on Thursday.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/09/34784291/top-4-health-care-stocks-that-could-lead-to-your-biggest-gains-in-q3"> Top 4 Health Care Stocks That Could Lead To Your Biggest Gains In Q3 </a> 
Photo: Shutterstock

Jim Cramer Writes Off Entire Telco, Wireless Industry: 'It's Such A Shame'

<h3>Upgrades</h3>
UBS upgraded the previous rating for Aemetis Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMTX#NASDAQ">AMTX</a>) from Neutral to Buy. For the second quarter, Aemetis had an EPS of $0.68, compared to year-ago quarter EPS of $0.01. The stock has a 52-week-high of $10.74 and a 52-week-low of $1.16. At the end of the last trading period, Aemetis closed at $6.16. 
According to Exane BNP Paribas, the prior rating for Revance Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVNC#NASDAQ">RVNC</a>) was changed from Underperform to Neutral. In the second quarter, Revance Therapeutics showed an EPS of $0.80, compared to $0.88 from the year-ago quarter. The current stock performance of Revance Therapeutics shows a 52-week-high of $37.98 and a 52-week-low of $17.97. Moreover, at the end of the last trading period, the closing price was at $18.80. 
For Inter &amp; Co Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTR#NASDAQ">INTR</a>), Citigroup upgraded the previous rating of Neutral to Buy. For the second quarter, Inter &amp; Co had an EPS of $0.02, compared to year-ago quarter EPS of $0.01. At the moment, the stock has a 52-week-high of $4.63 and a 52-week-low of $1.37. Inter &amp; Co closed at $3.94 at the end of the last trading period. 
Evercore ISI Group upgraded the previous rating for Magnite Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) from In-Line to Outperform. For the second quarter, Magnite had an EPS of $0.09, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $15.73 and a 52-week-low of $5.58. Magnite closed at $8.52 at the end of the last trading period. 
For National CineMedia Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCMI#NASDAQ">NCMI</a>), Benchmark upgraded the previous rating of Hold to Speculative Buy. National CineMedia earned $0.08 in the fourth quarter, compared to $0.05 in the year-ago quarter. The current stock performance of National CineMedia shows a 52-week-high of $18.20 and a 52-week-low of $1.01. Moreover, at the end of the last trading period, the closing price was at $3.55. 
JP Morgan upgraded the previous rating for Gulfport Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPOR#NYSE">GPOR</a>) from Neutral to Overweight. In the second quarter, Gulfport Energy showed an EPS of $2.66, compared to $5.09 from the year-ago quarter. The current stock performance of Gulfport Energy shows a 52-week-high of $114.88 and a 52-week-low of $60.15. Moreover, at the end of the last trading period, the closing price was at $112.23. 
JP Morgan upgraded the previous rating for SM Energy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) from Neutral to Overweight. For the second quarter, SM Energy had an EPS of $1.28, compared to year-ago quarter EPS of $2.19. The current stock performance of SM Energy shows a 52-week-high of $48.54 and a 52-week-low of $24.66. Moreover, at the end of the last trading period, the closing price was at $39.01. 
According to JP Morgan, the prior rating for Pioneer Natural Resources Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PXD#NYSE">PXD</a>) was changed from Neutral to Overweight. In the second quarter, Pioneer Natural Resources showed an EPS of $4.49, compared to $9.36 from the year-ago quarter. At the moment, the stock has a 52-week-high of $274.42 and a 52-week-low of $177.26. Pioneer Natural Resources closed at $233.72 at the end of the last trading period. 
BMO Capital upgraded the previous rating for CareTrust REIT Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRE#NYSE">CTRE</a>) from Market Perform to Outperform. In the second quarter, CareTrust REIT showed an EPS of $0.35, compared to $0.37 from the year-ago quarter. The current stock performance of CareTrust REIT shows a 52-week-high of $22.09 and a 52-week-low of $16.22. Moreover, at the end of the last trading period, the closing price was at $19.89. 
According to Citigroup, the prior rating for Callon Petroleum Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPE#NYSE">CPE</a>) was changed from Neutral to Buy. In the second quarter, Callon Petroleum showed an EPS of $1.99, compared to $3.68 from the year-ago quarter. At the moment, the stock has a 52-week-high of $50.10 and a 52-week-low of $28.91. Callon Petroleum closed at $35.59 at the end of the last trading period. 
According to Mizuho, the prior rating for Permian Resources Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PR#NYSE">PR</a>) was changed from Neutral to Buy. At the moment, the stock has a 52-week-high of $12.62 and a 52-week-low of $6.12. Permian Resources closed at $12.16 at the end of the last trading period. 
According to Mizuho, the prior rating for Matador Resources Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) was changed from Neutral to Buy. In the second quarter, Matador Resources showed an EPS of $1.42, compared to $3.47 from the year-ago quarter. The current stock performance of Matador Resources shows a 52-week-high of $73.76 and a 52-week-low of $42.04. Moreover, at the end of the last trading period, the closing price was at $57.82. 
For Chevron Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), Mizuho upgraded the previous rating of Neutral to Buy. For the second quarter, Chevron had an EPS of $3.08, compared to year-ago quarter EPS of $5.82. At the moment, the stock has a 52-week-high of $189.66 and a 52-week-low of $140.48. Chevron closed at $159.24 at the end of the last trading period. 
For NextDecade Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXT#NASDAQ">NEXT</a>), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. For the first quarter, NextDecade had an EPS of $0.23, compared to year-ago quarter EPS of $0.14. At the moment, the stock has a 52-week-high of $8.94 and a 52-week-low of $3.92. NextDecade closed at $5.91 at the end of the last trading period. 
According to Goldman Sachs, the prior rating for Brixmor Property Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) was changed from Neutral to Buy. Brixmor Property Group earned $0.52 in the second quarter, compared to $0.49 in the year-ago quarter. The stock has a 52-week-high of $24.49 and a 52-week-low of $17.62. At the end of the last trading period, Brixmor Property Group closed at $22.21. 
According to UBS, the prior rating for Keurig Dr Pepper Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>) was changed from Neutral to Buy. For the second quarter, Keurig Dr Pepper had an EPS of $0.42, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $41.25 and a 52-week-low of $30.47. At the end of the last trading period, Keurig Dr Pepper closed at $33.47. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
According to B of A Securities, the prior rating for SolarEdge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) was changed from Buy to Neutral. SolarEdge Technologies earned $2.62 in the second quarter, compared to $0.95 in the year-ago quarter. The current stock performance of SolarEdge Technologies shows a 52-week-high of $345.80 and a 52-week-low of $169.86. Moreover, at the end of the last trading period, the closing price was at $170.00. 
HC Wainwright &amp; Co. downgraded the previous rating for Alaunos Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCRT#NASDAQ">TCRT</a>) from Buy to Neutral. For the second quarter, Alaunos Therapeutics had an EPS of $0.04, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $4.01 and a 52-week-low of $0.12. At the end of the last trading period, Alaunos Therapeutics closed at $0.14. 
For Magellan Midstream Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMP#NYSE">MMP</a>), Argus Research downgraded the previous rating of Hold to Sell. Magellan Midstream earned $1.23 in the second quarter, compared to $1.17 in the year-ago quarter. The stock has a 52-week-high of $66.78 and a 52-week-low of $45.55. At the end of the last trading period, Magellan Midstream closed at $65.55. 
According to DA Davidson, the prior rating for Southland Holdings Inc (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SLND#AMEX">SLND</a>) was changed from Buy to Neutral. At the moment, the stock has a 52-week-high of $10.85 and a 52-week-low of $5.66. Southland Holdings closed at $6.41 at the end of the last trading period. 
For Marqeta Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MQ#NASDAQ">MQ</a>), BTIG downgraded the previous rating of Neutral to Sell. For the second quarter, Marqeta had an EPS of $0.11, compared to year-ago quarter EPS of $0.08. The stock has a 52-week-high of $8.71 and a 52-week-low of $3.46. At the end of the last trading period, Marqeta closed at $5.88. 
For Galera Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRTX#NASDAQ">GRTX</a>), HC Wainwright &amp; Co. downgraded the previous rating of Buy to Neutral. Galera Therapeutics earned $0.48 in the second quarter, compared to $0.54 in the year-ago quarter. The current stock performance of Galera Therapeutics shows a 52-week-high of $3.59 and a 52-week-low of $0.25. Moreover, at the end of the last trading period, the closing price was at $0.27. 
For Chesapeake Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NASDAQ">CHK</a>), JP Morgan downgraded the previous rating of Overweight to Neutral. For the second quarter, Chesapeake Energy had an EPS of $0.64, compared to year-ago quarter EPS of $4.87. At the moment, the stock has a 52-week-high of $107.31 and a 52-week-low of $69.68. Chesapeake Energy closed at $82.87 at the end of the last trading period. 
According to Mizuho, the prior rating for Magnolia Oil &amp; Gas Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGY#NYSE">MGY</a>) was changed from Buy to Neutral. In the second quarter, Magnolia Oil &amp; Gas showed an EPS of $0.51, compared to $1.32 from the year-ago quarter. The stock has a 52-week-high of $27.54 and a 52-week-low of $18.17. At the end of the last trading period, Magnolia Oil &amp; Gas closed at $22.68. 
According to Mizuho, the prior rating for HF Sinclair Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DINO#NYSE">DINO</a>) was changed from Buy to Neutral. In the second quarter, HF Sinclair showed an EPS of $2.60, compared to $5.59 from the year-ago quarter. At the moment, the stock has a 52-week-high of $66.17 and a 52-week-low of $37.12. HF Sinclair closed at $55.77 at the end of the last trading period. 
For Marathon Petroleum Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>), Mizuho downgraded the previous rating of Buy to Neutral. In the second quarter, Marathon Petroleum showed an EPS of $5.32, compared to $10.61 from the year-ago quarter. At the moment, the stock has a 52-week-high of $149.76 and a 52-week-low of $89.41. Marathon Petroleum closed at $142.62 at the end of the last trading period. 
According to RBC Capital, the prior rating for Easterly Government Properties Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEA#NYSE">DEA</a>) was changed from Sector Perform to Underperform. In the second quarter, Easterly Government Props showed an EPS of $0.28, compared to $0.33 from the year-ago quarter. The current stock performance of Easterly Government Props shows a 52-week-high of $19.41 and a 52-week-low of $12.27. Moreover, at the end of the last trading period, the closing price was at $14.22. 
According to Canaccord Genuity, the prior rating for Zynerba Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYNE#NASDAQ">ZYNE</a>) was changed from Buy to Hold. Zynerba Pharmaceuticals earned $0.21 in the second quarter, compared to $0.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $1.38 and a 52-week-low of $0.25. Zynerba Pharmaceuticals closed at $1.35 at the end of the last trading period. 
For Golar LNG Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>), Wolfe Research downgraded the previous rating of Outperform to Peer Perform. In the second quarter, Golar LNG showed an EPS of $0.04, compared to $2.13 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.65 and a 52-week-low of $19.62. Golar LNG closed at $22.39 at the end of the last trading period. 
According to JP Morgan, the prior rating for Grupo Aval Acciones y Valores SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVAL#NYSE">AVAL</a>) was changed from Neutral to Underweight. Grupo Aval Acciones earned $0.08 in the third quarter, compared to $0.18 in the year-ago quarter. At the moment, the stock has a 52-week-high of $3.48 and a 52-week-low of $2.02. Grupo Aval Acciones closed at $2.45 at the end of the last trading period. 
According to Goldman Sachs, the prior rating for Kimco Realty Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KIM#NYSE">KIM</a>) was changed from Buy to Neutral. In the second quarter, Kimco Realty showed an EPS of $0.39, compared to $0.40 from the year-ago quarter. The stock has a 52-week-high of $23.89 and a 52-week-low of $17.34. At the end of the last trading period, Kimco Realty closed at $19.81. 
According to Goldman Sachs, the prior rating for Tanger Factory Outlet Centers Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKT#NYSE">SKT</a>) was changed from Buy to Neutral. For the second quarter, Tanger Factory Outlet had an EPS of $0.47, compared to year-ago quarter EPS of $0.45. The stock has a 52-week-high of $25.23 and a 52-week-low of $13.26. At the end of the last trading period, Tanger Factory Outlet closed at $24.57. 
Keefe, Bruyette &amp; Woods downgraded the previous rating for CB Financial Services Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBFV#NASDAQ">CBFV</a>) from Outperform to Market Perform. For the second quarter, CB Financial Services had an EPS of $0.63, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $24.98 and a 52-week-low of $17.20. At the end of the last trading period, CB Financial Services closed at $22.67. 
According to Citigroup, the prior rating for Sea Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>) was changed from Buy to Neutral. In the second quarter, Sea showed an EPS of $0.54, compared to $1.03 from the year-ago quarter. The stock has a 52-week-high of $92.20 and a 52-week-low of $40.11. At the end of the last trading period, Sea closed at $40.58. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
Capital One initiated coverage on Immunocore Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMCR#NASDAQ">IMCR</a>) with an Overweight rating. The price target for Immunocore Hldgs is set to $84.00. For the second quarter, Immunocore Hldgs had an EPS of $0.37, compared to year-ago quarter EPS of $0.17. At the moment, the stock has a 52-week-high of $69.01 and a 52-week-low of $39.00. Immunocore Hldgs closed at $60.25 at the end of the last trading period. 
With an Overweight rating, Wells Fargo initiated coverage on GE HealthCare Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEHC#NASDAQ">GEHC</a>). The price target seems to have been set at $90.00 for GE HealthCare Techs. For the second quarter, GE HealthCare Techs had an EPS of $0.92, compared to year-ago quarter EPS of $1.15. The stock has a 52-week-high of $87.83 and a 52-week-low of $53.00. At the end of the last trading period, GE HealthCare Techs closed at $70.54. 
Barclays initiated coverage on Fortrea Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTRE#NASDAQ">FTRE</a>) with a Equal-Weight rating. The price target for Fortrea Holdings is set to $29.00. For the second quarter, Fortrea Holdings had an EPS of $0.52, compared to year-ago quarter EPS of $0.97. At the moment, the stock has a 52-week-high of $37.30 and a 52-week-low of $25.68. Fortrea Holdings closed at $27.18 at the end of the last trading period. 
With a Buy rating, Guggenheim initiated coverage on Vera Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERA#NASDAQ">VERA</a>). The price target seems to have been set at $27.00 for Vera Therapeutics. For the second quarter, Vera Therapeutics had an EPS of $0.46, compared to year-ago quarter EPS of $0.55. The current stock performance of Vera Therapeutics shows a 52-week-high of $23.29 and a 52-week-low of $5.20. Moreover, at the end of the last trading period, the closing price was at $17.69. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

Upgrades

Downgrades

Intraday Update

AMTX

AVAL

CBFV

CTRE

DINO

FTRE

GEHC

GPOR

GRTX

IMCR

INTR

MGNI

MTDR

NCMI

RVNC

SEDG

SLND

TCRT

VERA

ZYNE

Benzinga's Top Ratings Upgrades, Downgrades For August 16, 2023

Wolfe Research analyst Sam Margolin downgrades Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) from Outperform to Peer Perform.

Wolfe Research Downgrades Golar LNG to Peer Perform

Thursday marks the last chance for investors to receive the next dividend payout from Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 25 cents per share. On Friday, Golar LNG will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own GLNG as of the end of Thursday's session are eligible to receive the 25 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on August 29, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/GLNG">Monitor live stock price updates for Golar LNG on Benzinga.</a>

Golar LNG's Ex-Dividend Date Is Friday, Here's What You Need To Know

Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) reported quarterly sales of $77.53 million which missed the analyst consensus estimate of $81.24 million by 4.57 percent. This is a 15.33 percent increase over sales of $67.23 million the same period last year.

Golar LNG Q2 Sales $77.53M Miss $81.24M Estimate

Golar LNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLNG#NASDAQ">GLNG</a>) is set to give its latest quarterly earnings report on Thursday, 2023-08-10. Here's what investors need to know before the announcement.
Analysts estimate that Golar LNG will report an earnings per share (EPS) of $0.49. 
Golar LNG bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $1.76, which was followed by a 4.01% drop in the share price the next day.
Here's a look at Golar LNG's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.81</td>
<td>0.54</td>
<td>0.34</td>
<td>0.40</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.95</td>
<td>0.67</td>
<td>1.31</td>
<td>2.13</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-4.01%</td>
<td>-0.44%</td>
<td>1.15%</td>
<td>5.22%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1691589694_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Golar LNG were trading at $24.14 as of August 08. Over the last 52-week period, shares are down 4.02%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/GLNG/earnings">To track all earnings releases for Golar LNG visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: Golar LNG

ACDC

CIVI

FANG

LBRT

PTEN

PUMP

SLCA

WFRD

Shares of energy stocks are trading higher as oil rebounds following Thursday weakness.

Golar LNG shares are trading higher following bullish commentary from Stifel.

Golar LNG surges as FLNG Hilli said to be headed for Argentina's Vaca Muerta

PFIE, GLNG major energy gainers; NINE, ICD major losers

These Energy stocks are trading higher:-Golar LNG Limited (GLNG) stock is trading at $23.16, a rise of $1.78, or 8.33%, on high volume.  Golar Lng Ltd gets a Sentiment Score of Bullish from InvestorsObserver and receives an average analyst recommendation of Strong Buy with a price target of $30.90.  -Profire Energy, Inc. (

Energy Stocks Making Moves Tuesday: GLNG, PFIE, PBR.A, PBR, NINE, BORR, CEIX, WTI