Published on 23 Sep 2023 on Simply Wall St. via Yahoo Finance
Has Golar LNG Limited's (NASDAQ:GLNG) Impressive Stock Performance Got Anything to Do With Its...
Golar LNG's (NASDAQ:GLNG) stock is up by a considerable 14% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Golar LNG's ROE in this article.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
Check out our latest analysis for Golar LNG