Golar LNG Ltd
NASDAQ:GLNG
Gross Margin
Golar LNG Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| BM |
|
Golar LNG Ltd
NASDAQ:GLNG
|
4.3B USD |
53%
|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
139.3B CAD |
42%
|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
73.3B USD |
79%
|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
66.8B USD |
20%
|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
62.3B USD |
50%
|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
60.1B USD |
26%
|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
53.7B USD |
45%
|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
73.1B CAD |
68%
|
|
| US |
|
MPLX LP
NYSE:MPLX
|
51.9B USD |
59%
|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
50.3B USD |
36%
|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
34.9B USD |
34%
|
Golar LNG Ltd
Glance View
Amidst the vast world of maritime transport and energy, Golar LNG Ltd. emerges as a distinctive player, navigating the dynamic seas of liquefied natural gas (LNG). Born out of a realization that the global demand for cleaner energy solutions is the way forward, Golar has artfully positioned itself at the crossroads of energy delivery and technological innovation. The company's business model is underpinned by its ownership and operation of LNG carriers and floating storage regasification units (FSRUs), vessels that are highly specialized to transport and temporarily store LNG, converting it back to natural gas when needed. These assets are versatile and crucial, serving as the connective tissue between abundant natural gas supplies and energy-hungry markets around the world. In more recent times, Golar has further expanded its horizons through pioneering the Floating Liquefied Natural Gas (FLNG) solutions, which have become a game-changer in the industry. These FLNG units enable offshore gas fields to be monetized with greater flexibility, circumventing the need for onshore infrastructure and reducing time to market. By offering such comprehensive solutions, Golar not only transports LNG efficiently but also transforms natural gas into a form ready for consumption, profiting through long-term contracts and charter agreements. Their business deftly aligns with the global pivot towards sustainable energy while capitalizing on the continued growth in LNG demand, positioning Golar LNG Ltd. as a critical conduit in the global energy supply chain.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Golar LNG Ltd's most recent financial statements, the company has Gross Margin of 52.5%.
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