GasLog Is Chartered For LNG Logistics

This week I'm seeking a prestigious and long-term dividend-paying stock from the energy sector. 

That sector includes six industries all related to bringing oil and gas to market. They are as follows: drilling, exploration and production (E&P), equipment and services, integrated, midstream, refining & marketing. All such oily and gassy enterprises.

Today I'm reviewing a small-cap oil and gas midstream firm named GasLog Partners LP. Its trading ticker symbol is GLOP. This is my third review of this company. Previous airings went out December 22nd and August 6th.

GasLog Partners LP owns, operates & acquires liquefied natural gas (LNG) carriers for LNG transportation under long-term charters. Its fleet consists of several LNG carriers, including three vessels with modern tri-fuel diesel-electric. 

As of February 8, 2018, it had a fleet of 12 LNG carriers. The company was founded in 2014 and is based in Monaco.

I use three key data points to gauge the value of any dividend equity or fund like GasLog Partners LP. (GLOP): 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

GLOP Price

GasLog's price per share was $25 at Friday's market close. A year ago its price was $23.15 for a gain of $1.85 per share.  

Assuming GasLog's price will trade in the range of $22 to $28 next year, GasLog's current $25 price could grow $2.00 to $27 by early-October, 2019. 

GLOP Dividends

GasLog's most recent quarterly dividend was $0.53 declared July 25th and paid August 10th. That recent dividend was increased from $0.5235 in May.  

At this most recent $0.53 quarterly rate, GasLog's annual dividend equates to $2.12 yielding 8.48% at yesterday's closing $25 price.

Gains For GLOP?

Adding the $2.12 estimated annual dividend to my estimated $2.00 annual price upside for GasLog makes a $4.12 potential gross annual per share gain, which is reduced by the costs to trade the shares.  

 A little over $1,000.00 invested today at the $25 recent price buys 40 GasLog Partners LP. (GLOP) shares. 

A $10 broker fee paid half at purchase and half at sale costs $0.25 per share

Subtracting that $0.25 brokerage cost from the estimated $4.12 gross annual gain leaves a net gain of $3.87 X 40 shares = $154.80 or about a 15.4% net gain on a $1,000.50 investment.

Therefore, GasLog Partners LP., whose trading ticker symbol is GLOP, now shows a possible 15.4% net gain including an 8.48% dividend yield. 

Twelve brokers cover this stock:

Seven say GLOP is a stock to "buy".

Two says GLOP will "outperform" its peers.

Three say GLOP is a stock to "hold".

Thus, the consensus analyst recommendation number is 1.7 or "outperform".

The median price target set by those twelve brokers is the same as my annual upside estimate to a $27 price target for GLOP. 

So, you could look at all these speculative numbers this way, GasLog Partners LP., whose trading ticker symbol is GLOP, has made money, is making money, and could get 15.4% net annual gain including an 8.48% dividend. It could be more, it could be less.

The above speculation is based on past year performance. Actual results remain to be seen. Those results will determine if GasLog Partners LP. (GLOP) is worth your time and money.

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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