During its latest investor day, YPF (YPF) unveiled strategic plans focused on liquefied natural gas (LNG) developments, particularly from the Vaca Muerta region. The Argentine energy company is considering three major projects employing six floating liquefied natural gas (FLNG) units to bolster production.
Of particular interest are two vessels identified as key to the initiative: Golar’s Hilli, with a capacity of 2.5 million tonnes per annum (mtpa), and the MK2 Fuji, with a 3.5 mtpa capacity. These are currently the only vessels aligning with YPF's project specifications and timeline.
Following the presentation, analysts from Stifel are optimistic about the LNG projects, anticipating they could collectively generate an EBITDA of $1.5 billion for YPF. The firm also expressed confidence in Golar LNG (GLNG, Financial), suggesting that successful execution of these projects could push the GLNG share price into the $50-$60 range, despite potential delays in project completion.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Golar LNG Ltd (GLNG, Financial) is $46.56 with a high estimate of $56.00 and a low estimate of $40.00. The average target implies an upside of 30.10% from the current price of $35.79. More detailed estimate data can be found on the Golar LNG Ltd (GLNG) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Golar LNG Ltd's (GLNG, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Golar LNG Ltd (GLNG, Financial) in one year is $37.05, suggesting a upside of 3.52% from the current price of $35.7888. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Golar LNG Ltd (GLNG) Summary page.
