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Stock impact report

Strait Of Hormuz Shock Puts Focus On Golar LNG Valuation And Resilience [Yahoo! Finance]

Golar LNG Limited - Common Shares (GLNG) 
US:NASDAQ Investor Relations: golarlng.com/investors
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Conflict related closures in the Strait of Hormuz have disrupted LNG flows from the Middle East. This disruption has created volatility in global LNG prices and supply reliability. Golar LNG (NasdaqGS:GLNG) is directly exposed as an LNG infrastructure and shipping player. For investors watching Golar LNG at a current share price of $44.86, the supply shock arrives after a strong multi year run, with the stock up 142.3% over 3 years and very large gains over 5 years. The stock is also up 18.2% year to date and 31.0% over the past 12 months, indicating that the company had already attracted attention in the LNG space before this latest geopolitical shock. The Strait of Hormuz disruption raises fresh questions about route flexibility, contract structures, and exposure to spot versus term LNG markets for companies such as Golar LNG. Inves Show less Read more
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