| Golar LNG is a holding company. Through its subsidiaries, Co. is a midstream liquefied natural gas (LNG) company engaged in the transportation and regasification of LNG and the liquefaction of natural gas. Co. has three segments: Vessel Operations, which operates and charters out vessels on fixed terms to customers; floating liquefaction natural gas vessel (FLNG), which involves the conversion of its existing LNG carrier for the charter of a FLNG; and Power, in which Golar Power Limited, its joint venture, provides LNG based downstream solutions, through the ownership and operation of floating storage and regasification units and associated terminal and power generation infrastructure. We show 11 historical shares outstanding datapoints in our GLNG shares outstanding history coverage, used to compute GLNG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GLNG market cap history over the course of time is important for investors
interested in comparing GLNG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GLNG versus a peer is one thing; comparing
GLNG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GLNG can fluctuate over the course of history.
With this page we aim to empower investors researching GLNG by allowing them to research the GLNG market cap history.