Golar Concludes Equity Offering

By Matt McCleery

It’s often been said that opportunistically timing the shipping markets and capital markets simultaneously is impossible – maybe, but Golar LNG has done it. Golar shares are up a breathtaking 74% while its price-to-book value has soared to an unprecedented 3.28x and its P/E is at an internet-sounding 24x.

What we are referring to is the fact that in late July, New York and Oslo-listed

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