Golar LNG

Golar LNG Ltd. owns and operates liquefied natural gas carriers, floating storage, and regasification unit. It operates through the following segments: Vessel Operations, FLNG, and Power. The Vessel Operations segment operates and charter out vessels on fixed terms to customers. The FLNG segment provides integrated upstream and midstream solution for the development of gas reserves to LNG. The Power segment integrated LNG based downstream solutions, through the ownership and operation of FSRUs and associated terminal and power generation infrastructure. The company was founded on May 10, 2001 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Golar LNG reports record earnings, eyes growth through strategic initiatives

Golar LNG delivered strong financial performance in 2022, achieving record net income and bolstering adjusted EBITDA, while maintaining a robust cash position.
Strategic portfolio optimization, debt reduction, and shareholder value enhancement initiatives demonstrate the company's commitment to long-term sustainability.
Operational challenges and capital expenditure requirements underscore the need for prudent risk management and strategic decision-making.
Exploration of revenue opportunities, expansion plans, and financial restructuring avenues position Golar LNG for future growth and value creation.

Golar LNG reports robust Q1 earnings, eyes FLNG growth opportunities

Golar LNG's Q1 performance showcases strong financials, strategic actions, and progress in FLNG projects, positioning the company for future growth and shareholder returns.
While facing challenges in FLNG conversions and market uncertainties, Golar's focus on cost-competitive LNG supply and growth opportunities in LNG demand highlight its resilience.
The company's emphasis on recontracting assets, shareholder returns, and strategic partnerships underscores its commitment to sustainable growth and value creation for stakeholders.

Golar LNG posts solid Q2 results, eyes fleet expansion opportunities

Golar LNG's Q2 2023 performance reflects steady financial results, strong liquidity position, and commitment to shareholder value through dividends and buyback programs.
The company's strengths lie in its focused FLNG operations, strategic investments, and proactive fleet expansion strategies, positioning it well in the market.
While facing challenges in recontracting vessels and negotiating economic terms, Golar LNG has opportunities in expanding market presence, fleet optimization, and revenue diversification.

Golar LNG excels in Q3 with strong financials and FLNG growth

Golar LNG's Q3 performance showcases financial strength and operational milestones. The company's focus on FLNG growth, African exports, and shareholder returns highlights strategic priorities. Challenges in debt optimization and CapEx management require careful navigation for future success.

Golar LNG posts robust Q4 results, eyes growth amid LNG market expansion

Golar LNG's Q4 results demonstrate financial resilience and operational progress, positioning the company well in the evolving LNG market. Strong performance, strategic focus on growth, and operational milestones indicate a promising outlook for investors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Golar LNG Limited ("Golar") announces today that it has sold to Cool Company Ltd. (“CoolCo”) the management organization responsible for the technical and commercial management of LNG carriers, and the provision of such services to third parties, as contemplated in the January 2022 Cool Company Ltd. formation update. CoolCo paid the previously agreed purchase price of $5 million in cash for the shares plus $1.5 million in working capital. As part of the transaction, approximately 600 maritime and office-based personnel became CoolCo employees.

Cool Company Ltd. – Formation Completed

Further to the press release of June 1, 2022 giving notice that the Golar LNG Limited 2022 Annual General Meeting will be held on August 10, 2022, a copy of the Notice of Annual General Meeting and associated information including the Company's Annual Report on Form 20-F can be found on our website at http://www.golarlng.com and in the attachments below.

2022 Annual General Meeting

Archer-Daniels-Midland Company

Earthstone Energy

ESTE, GLNG, and ADM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 23, 2022.

Best Momentum Stocks to Buy for June 23rd

Here is how Golar LNG (GLNG) and Southwest Airlines (LUV) have performed compared to their sector so far this year.

Has Golar LNG Limited (GLNG) Outpaced Other Transportation Stocks This Year?

The new LNG import terminal will help safeguard Italy's energy security and diversification

Snam purchases 5 billion cubic metre floating LNG regasification terminal from Golar LNG for US$350 million

Golar LNG's (GLNG) first-quarter 2022 results reflect lower vessel operating expenses.

Golar LNG (GLNG) Q1 Earnings Beat Estimates, Increase Y/Y

Golar LNG Limited (NASDAQ:GLNG ) Q1 2022 Results Conference Call May 26, 2022 10:00 AM ET Company Participants Karl Staubo - CEO Eduardo Maranhao - CFO Conference Call Participants Chris Tsung - Weber Research Sean Morgan - Evercore Ben Nolan - Stifel Craig Shere - Tuohy Brothers Chris Robertson - Jefferies Operator Good day and thank you for standing by, and welcome to Golar LNG Limited Q1 2022 Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Golar LNG Limited (GLNG) CEO Karl Staubo on Q1 2022 Results - Earnings Call Transcript

Golar LNG (GLNG) delivered earnings and revenue surprises of 36% and 16.28%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Golar LNG (GLNG) Q1 Earnings Beat Estimates

Shipping spin-off: A key focus for Q1 was the spin-off of our 8 TFDE LNG carriers into CoolCo. CoolCo successfully concluded an upsized $275 million equity raise in January, listed on the Euronext Growth Oslo exchange in February, recruited a designated management team in March and closed its acquisition of 8 LNG carriers and The Cool Pool Limited from Golar during March and April. The sale of the management companies is contemplated to complete in Q2. In total the CoolCo transactions will reduce Golar's contractual debt1 position by $821 million, release approximately $217 million in cash and cash equivalents to Golar, whilst maintaining a 31.25% shareholding in affiliate, CoolCo.

Interim results for the period ended March 31, 2022

Improved performance in shipping is aiding the Golar LNG (GLNG) stock.

Here's Why Investors Should Buy Golar LNG (GLNG) Stock Now

Here is how Golar LNG (GLNG) and GasLog Partners LP (GLOP) have performed compared to their sector so far this year.

Are Transportation Stocks Lagging Golar LNG Limited (GLNG) This Year?

San Donato Milanese (Milan), Bermuda – May, 18, 2022 – Snam and Golar LNG Limited (“Golar”) signed a contract through which Golar will deliver the existing LNG Carrier “Golar Arctic” as a floating storage and regasification unit (FSRU) that Snam will install in the port area of Portovesme, in Sardinia, as part of a project to supply the island with energy.

Snam and Golar LNG sign agreement for an FSRU to supply Sardinia with energy

Golar LNG Limited (“Golar”) is pleased to announce that it has issued its 2021 Environmental, Social and Governance (“ESG”) report. This comprehensive report describes Golar's important role in advancing the global energy transition to a lower carbon future - championing LNG as a transition fuel in partnership with renewables, and as a reliable alternative for those in need of energy security today.

Golar releases its 2021 Environmental, Social and Governance report

Kosmos Energy

Francisco Garcia Parames (Trades, Portfolio), chairman and chief investment officer of Cobas Asset Management, disclosed in a regulatory filing that his fund Cobas Seleccion FI's top four trades during the first quarter included the switch of its International Petroleum Corp. ( OSTO:IPCO , Financial)( TSX:IPCO , Financial) position from Swedish shares to Canadian shares, the closure of its position in Dassault Aviation ( XPAR:AM , Financial) and reductions to its holdings in Golar LNG Ltd. ( GLNG , Financial) and Kosmos Energy Ltd.

Francisco Garcia Parames' Top 4 Trades in the 1st Quarter

Golar LNG's 1st Quarter 2022 results will be released before the NASDAQ opens on Thursday, May 26, 2022. In connection with this a webcast presentation will be held at 3:00 P.M (London Time) on Thursday May 26, 2022. The presentation will be available to download from the Investor Relations section at www.golarlng.com

Golar LNG Limited – Q1 2022 results presentation

Here is how Golar LNG (GLNG) and C.H. Robinson Worldwide (CHRW) have performed compared to their sector so far this year.

Is Golar LNG Limited (GLNG) Stock Outpacing Its Transportation Peers This Year?

EuroDry Ltd

Eagle Bulk Shipping

Global Ship Lease

Investors interested in the Zacks Transportation --Shipping industry should consider adding stocks like Golar LNG (GLNG), Global Ship Lease (GSL), Eagle Bulk Shipping (EGLE) and EuroDry (EDRY) to their portfolios for higher returns.

Bet on 4 Prospective Shipping Stocks in a Promising Industry

Golar LNG (GLNG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Golar LNG (GLNG) Upgraded to Strong Buy: What Does It Mean for the Stock?

Golar LNG recently sold some of its stake in New Fortress Energy in order to raise money to expand its FLNG fleet.

Golar LNG: Changing Business Model Creates Opportunity For Investors

Golar LNG Limited (“Golar”) announces today that it has sold approximately one third of the 18.6 million New Fortress Energy Inc. ("NFE") shares received upon completion of the sale of Hygo Energy Transition to NFE in April 2021. The sale is expected to raise net proceeds of approximately $250 million which Golar will seek to deploy to FLNG growth projects. Commenting on the sale, Golar CEO Karl Fredrik Staubo said “Golar is excited about new FLNG growth prospects, including those being pursued by NFE and plans to remain a supportive shareholder for the foreseeable future”.

Sale of shares in New Fortress Energy

Upbeat LNG demand is supporting growth at Golar LNG (GLNG).

Golar LNG (GLNG) Stock Up 28.3% in the Past Month: Here's Why

Here is how Golar LNG (GLNG) and Matson (MATX) have performed compared to their sector so far this year.

Is Golar LNG (GLNG) Outperforming Other Transportation Stocks This Year?

Golar LNG (GLNG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Golar LNG (GLNG) Surges 8.9%: Is This an Indication of Further Gains?

Cheniere Energy Partners

Cheniere Energy

Tellurian

News of a new LNG supply deal between the U.S. and the E.U. has liquefied natural gas stocks rising in Friday trading.

Liquefied Natural Gas Stocks Today: What's Going on With LNG, TELL, CQP, GLNG Stocks?

100% technical buy signals. 10 new highs and up 38.88% in the last month. 103.16% gain in the last year.

News for Golar LNG Stock (GLNG)