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

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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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.

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Investors need to pay close attention to Golar LNG (GLNG) stock based on the movements in the options market lately.

Do Options Traders Know Something About Golar LNG (GLNG) Stock We Don't?

COVID-19-induced closure of the shipyard and high debt are concerns for Golar LNG (GLNG). Nevertheless, low costs are supporting the bottom line.

Golar LNG (GLNG) Hurt by High Debt and Closure of Shipyard

Golar LNG Partners (GMLP) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

Golar LNG Partners (GMLP) Jumps: Stock Rises 8.9%

Golar LNG (GLNG) reported earnings 30 days ago. What's next for the stock?

Why Is Golar LNG (GLNG) Up 6.6% Since Last Earnings Report?

Golar LNG Limited (“Golar”) announces today that the FSRU LNG Croatia (formerly known as the Golar Viking) has been accepted by its customer LNG Hrvatska d.o.o. (“LNG Hrvatska”), and that the sale of the FSRU has been completed. The sale will release approximately $47 million of free cash to Golar between Q4 2020 and Q1 2021 after repayment of the vessel debt facility and settlement of remaining conversion and commissioning costs. Golar will now operate and maintain the LNG Croatia for a minimum period of 10 years under contract to LNG Hrvatska.

Acceptance and sale of FSRU LNG Croatia

Golar LNG is entering the clean energy space, following the steps of New Fortress Energy. Even though both Golar and New Fortress focus on LNG, New Fortress also announced it is entering the green hydrogen space.

Golar LNG Entering The Clean Energy Space

Golar LNG Limited (“Golar” or “the Company”) announced today that the putative class action lawsuit filed against the Company, its CEO and the former CEO of Hygo Energy Transition Ltd. and referred to in Golar's interim results report released on November 30, 2020 has been dismissed. The Court has therefore ordered that the case be terminated.

Termination of class action

A clear case of mismanagement of capital and liquidity structure. The underlying intrinsic value remains in-tact.

GLNG: Plenty Of Red-Flags But A Margin Of Safety Remains

Golar LNG has recently announced an equity raising to help stabilize their shaky financial position but their outlook for deleveraging is long and painful at best. They have no history of producing free cash flow, which not ideal in this situation.

Golar LNG: Equity Raising Helps But They're Still Facing A Painfully Long Deleveraging At Best

Hamilton, Bermuda – December 7, 2020 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announced today that it has closed its registered offering (the “Offering”) of 11,000,000 shares of its common stock.  In addition, the underwriters have partially exercised their 30 day option to purchase an additional 1,067,789 common shares, which is expected to close on December 8, 2020. The Company intends to use the net proceeds from the Offering to partially repay the Term Loan facility, to repay the Margin Loan Facility in full and to use any remaining funds for general corporate purposes, which may include, among other things, capital expenditures, repaying other indebtedness, funding working capital or investments.

Golar LNG Limited Successfully Closes Public Follow-On Offering of Common Shares

Hamilton, Bermuda – December 3, 2020 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announced today the pricing of its previously announced underwritten public offering (the “Offering”) of 11,000,000 shares of its common stock, at a public offering price of $8.75 per share. The Company granted the underwriters a 30 day option to purchase up to an additional 1,650,000 common shares.  The Company intends to use the net proceeds from the Offering to partially repay the Term Loan facility, to repay the Margin Loan Facility in full and to use any remaining funds for general corporate purposes, which may include, among other things, capital expenditures, repaying other indebtedness, funding working capital or investments. The Offering is scheduled to close on December 7, 2020.

Golar LNG Limited Successfully Prices Public Follow-On Offering of its Common Shares

Hamilton, Bermuda – December 2, 2020 – Golar LNG Limited (the “Company”) (NASDAQ: GLNG) announced today that it intends to offer, issue and sell to the public 11,000,000 common shares, par value $1.00 per share (“Common Shares”), through an underwritten public offering (the “Offering”). The Company intends to use the net proceeds from the Offering to partially repay the Term Loan facility, to repay the Margin Loan Facility in full and to use any remaining funds for general corporate purposes, which may include, among other things, capital expenditures, repaying other indebtedness, funding working capital or investments.

Golar LNG Limited Announces Public Offering of its Common Shares

Golar LNG's (GLNG) Q3 revenues drop year over year due to COVID-induced closure of shipyard and significant reduction in fleet utilization.

Golar LNG (GLNG) Q3 Loss Wider than Expected, Revenues Miss

Golar LNG Partners LP (GMLP) CEO Karl Staubo on Q3 2020 Results - Earnings Call Transcript

Ross Stores

Golar LNG Limited (GLNG) CEO Iain Ross on Q3 2020 Results - Earnings Call Transcript

Shares of Golar LNG (NASDAQ:GLNG) fell 1.1% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 72.84% year over year to ($0.22), which missed the estimate of ($0.07).

Golar LNG: Q3 Earnings Insights

Good performance from projects and operations

Interim Results for the Period Ended September 30, 2020

Golar LNG's 3rd Quarter 2020 results will be released before the NASDAQ opens on Monday, November 30, 2020. In connection with this a webcast presentation will be held at 3:00 P.M (London Time) on Monday, November 30, 2020. The presentation will be available to download from the Investor Relations section at www.golarlng.com

Golar LNG Limited – Q3 2020 results presentation

NEW YORK, Nov. 23, 2020 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action that has been filed on behalf of investors that purchased or acquired the common...

GLNG CLASS ACTION DEADLINE: Bernstein Liebhard Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Golar LNG Limited

New York, New York--(Newsfile Corp. - November 23, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Golar LNG Limited (NASDAQ: GLNG) alleging that the Company violated federal securities laws.Class Period: April 30, 2020 and September 24, 2020Lead Plaintiff Deadline: November 23, 2020Learn more about your recoverable losses in GLNG:

GLNG ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of November 23, 2020 in the Class Action Filed on Behalf of Golar LNG Limited Limited Shareholders

New York, New York--(Newsfile Corp. - November 23, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Golar LNG Limited (NASDAQ: GLNG) between April 30, 2020 and September 24, 2020, inclusive (the "Class Period"), of the important November 23, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Golar investors under the federal securities laws.To join the Golar class...

GLNG Final Deadline Notice: Rosen, A Top Ranked Law Firm, Reminds Golar LNG Limited Investors of Important Deadline Today in Securities Class Action - GLNG

LOS ANGELES--(BUSINESS WIRE)---- $GLNG #glng--DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Golar LNG Limited.

DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Golar LNG Limited and Encourages Investors with Losses of $100,000 to Contact the Firm

New York, New York--(Newsfile Corp. - November 23, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Golar LNG Limited ("Golar") (NASDAQ: GLNG) between April 30, 2020 and September 24, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. To...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Golar LNG Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 23, 2020 - GLNG

NEW YORK, Nov. 22, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Golar LNG Limited (NASDAQ: GLNG) between April 30, 2020 and September 24, 2020, inclusive (the "Class Period"), of the important November 23, 2020 lead...

ROSEN, TRUSTED AND LEADING INVESTOR COUNSEL, Reminds Golar LNG Limited Investors of Important Monday Deadline in Securities Class Action - GLNG

NEW YORK--(BUSINESS WIRE)-- #GolarLNG--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors that purchased Golar LNG Limited (NASDAQ: GLNG) securities between April 30, 2020 September 24, 2020 (the “Class Period”). Investors have until November 23, 2020 to apply to the Court to be appointed as lead plaintiff in the law

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Golar LNG Limited and Encourages Investors to Contact the Firm

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