Golar LNG Limited provides infrastructure for the liquefaction, transportation, and regasification of LNG. It operates through Shipping, FLNG, and Power segments. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of April 16, 2021, it operated ten LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
IPO Year:
Exchange: NASDAQ
Website: golarlng.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/25/2023 | $27.00 | Neutral | Citigroup |
| 8/16/2023 | Outperform → Peer Perform | Wolfe Research | |
| 9/29/2022 | $23.00 → $29.00 | Neutral → Buy | BofA Securities |
| 4/27/2022 | $27.00 | Buy | Jefferies |
| 3/3/2022 | $14.00 → $19.50 | Underperform → Neutral | BofA Securities |
| 2/24/2022 | $18.00 → $22.00 | Buy | Jefferies |
Golar LNG's 3rd Quarter 2024 results will be released before the NASDAQ opens on Tuesday, November 12, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tuesday November 12, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information
Golar LNG Limited ("Golar" or "the Company") announces today that it has signed an Engineering, Procurement and Construction ("EPC") agreement with CIMC Raffles ("CIMC") for a MK II Floating LNG Production ("FLNG") vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum ("MTPA"). Under the agreement with CIMC, Black & Veatch will provide its licensed PRICO® technology, perform detailed engineering and process design, specify and procure topside equipment and provide commissioning support for the FLNG topsides and liquefaction process, similar to Black & Veatch's role in the construction of Golar's existing assets, the FLNG Hilli and FLNG Gimi. The Golar MK II design
Golar LNG Limited (the "Company") has today successfully priced USD 300 million in senior unsecured bonds in the Nordic bond market. The bonds will mature in September 2029 and bear interest at 7.75% per annum. Net proceeds from the bond issue will be applied towards capital expenditure, refinancing of debt and general corporate purposes. An application will be made for the bonds to be listed on the Oslo Stock Exchange. DNB Markets and Pareto Securities acted as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Fearnley Securities as Joint Bookrunners in the bond issue. About Golar Golar LNG is a NASDAQ listed maritime LNG infrastructure company. Through its 75-yea
Golar LNG Limited ("Golar") has mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Fearnley Securities as Joint Bookrunners, to arrange a series of fixed income investor meetings commencing Monday 2 September 2024. A new USD denominated 5-year senior unsecured fixed rate bond issue may follow, subject to inter alia market conditions. The net proceeds from the contemplated bond issue are to be applied for capital expenditure and/or refinancing of debt and general corporate purposes. About Golar LNG Golar LNG is a NASDAQ listed maritime LNG infrastructure company. Through its 75-year history, the company has pioneered marit
Tuesday, September 10, 2024 at the BMA House in London, UK NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The 16th Annual Capital Link Shipping & Marine Services Forum will take place on Tuesday, September 10, 2024 from 8:00 AM to 5:30 PM at the BMA House in London. ABS is the Lead Sponsor of the Forum. This event aims to provide investors and industry participants with a comprehensive review and current outlook of the various shipping markets and in addition, cover topics of critical interest to industry participants, financiers and investors. 1x1 MEETINGS FOR INSTITUTIONAL INVESTORSMeetings are available only between institutional investors and company management. Please send all reques
Reference is made to the second quarter 2024 report released on August 15, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around September 3, 2024. The record date will be August 26, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: August 22, 2024Ex-date: August 23, 2024
Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") signed an agreement for a 20-year FLNG deployment in Argentina. Strong progress on further FLNG opportunities.Golar and bp entered into commercial reset arrangements for FLNG Gimi for the pre-Commercial Operations Date ("Pre-COD") period, enabling refinancing at improved terms which is expected to release liquidity of up to $0.5 billion.Finalization of yard EPC and payment terms agreed in preparation for contracting of 3.5mtpa MKII FLNG.Golar reports Q2 2024 ("Q2" or "the quarter") Net income attributable to Golar of $26 million, and Adjusted EBITDA1 of $59 million.Adjusted EBITDA backlog1 of approximately $11 bi
Golar LNG Limited (the "Company") advises that the 2024 Annual General Meeting of the Company was held on August 13, 2024 at 10:00 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2023, were presented at the Meeting. The following resolutions were passed: 1) To set the maximum number of Directors to be not more than Seven.2) To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorized to fill such vacancies as and when it deems fit.3) To re-elect Tor Olav Troim as a Dire
Golar LNG Ltd. ("Golar"), and bp, as Operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset agreement simplifies contractual cash flows and settles previous disputes related to payment mechanisms for pre-commercial operations date ("Pre-COD") contractual cash flows. Golar and bp have agreed an updated schedule of daily payments until the Commercial Operations Date ("COD"). The daily payments have step-up mechanisms based on project milestones up to COD and are secured by long stop dates. Golar will also be entitled to certain lump sum bonus payments subject to achievement of certain project milestones.
Golar LNG Ltd. ("Golar") has entered into definitive agreements with Pan American Energy ("PAE") for a 20-year deployment of a Floating Liquefied Natural Gas ("FLNG") vessel in Argentina. The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world's second-largest shale gas resources. The project is expected to start LNG exports within 2027, establishing Argentina as an LNG exporter. This strategic venture is built on a robust commercial foundation, featuring: (i) a Gas Sales Agreement from PAE for the supply of gas; and (ii) an FLNG charter agreement with Golar which includes a base tariff and commodity
January 13, 2021 – Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) today announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”) have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transition Ltd. (“Hygo”) to New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”). Hygo, a gas to power and downstream LNG distribution company, is owned 50% by each of GLNG and by funds and other entities managed by Stonepeak. Under the terms of the merger agreement, NFE will acquire all of the outstanding shares of Hygo for 31.4 million shares of NFE Class A common stock and $580 million in cash. The transa
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), and Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”). “With a strong presence in Brazil and a world-class LNG shipping business, Hygo and GMLP are excellent additions to our efforts to accelerate the world’s energy transition,” said Wes Edens, Chairman and CEO of NFE. “The addition of Hygo will quickly expand
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
6-K - GOLAR LNG LTD (0001207179) (Filer)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
SC 13G/A - GOLAR LNG LTD (0001207179) (Subject)
Citigroup resumed coverage of Golar LNG with a rating of Neutral and set a new price target of $27.00
Wolfe Research downgraded Golar LNG from Outperform to Peer Perform
BofA Securities upgraded Golar LNG from Neutral to Buy and set a new price target of $29.00 from $23.00 previously
Jefferies resumed coverage of Golar LNG with a rating of Buy and set a new price target of $27.00
BofA Securities upgraded Golar LNG from Underperform to Neutral and set a new price target of $19.50 from $14.00 previously
Jefferies reiterated coverage of Golar LNG with a rating of Buy and set a new price target of $22.00 from $18.00 previously
BofA Securities downgraded Golar LNG from Buy to Underperform
Citigroup resumed coverage of Golar LNG with a rating of Neutral and set a new price target of $13.00
Jefferies reiterated coverage of Golar LNG with a rating of Buy and set a new price target of $17.00 from $15.00 previously
B. Riley Securities analyst Liam Burke maintains Golar LNG (NASDAQ:GLNG) with a Buy and raises the price target from $35.5 to $44.5.
As of July 12, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Greenfire Resources Ltd (NYSE:GFR) On July 10, Greenfire Resources announced redemption of $61 mil
Golar LNG Limited (NASDAQ:GLNG) shares are trading higher after the company entered into definitive agreements with Pan American Energy to deploy a floating liquefied natural gas vessel in Argentina for 20 years. The FLNG project aims to capitalize on Argentina’s abundant gas reserves from the Vaca Muerta shale formation in the Neuquina Basin, which holds the world’s second-largest shale gas resources. Golar’s CEO, Mr. Karl Fredrik Staubo, said, “We are excited to enter a partnership with Pan American Energy, one of the leading energy companies in Latin America.” Check This Out: BYD Faces Scrutiny In Thailand Over Pricing Issues: Report The project plans to utilize Golar’s FLNG H
GLNG: 14% | Golar LNG Enters Definitive Agreements With Pan American Energy For 20-Year Deployment Of Floating Liquefied Natural Gas Vessel In Argentina M: 8% | Macy's shares are trading higher after the Wall Street Journal reported that Arkhouse and Brigade raised their offer for the company to $24.80 per share, up from $24 per share. MICS: 82% | The Singing Machine Company Says It Completed The Acquisition Of SemiCab; As Part Of Transaction, Company Also Entered Into An Option Agreement To Acquire SMCB Solutions Private Limited
The project is expected to start LNG exports within 2027, establishing Argentina as an LNG exporter. The agreements are subject to sign-off of customary conditions. As part of the agreements, Golar will hold a 10% stake in Southern Energy S.A., a dedicated joint venture with PAE, responsible for the purchase of domestic natural gas, operations, and sale and marketing of LNG volumes from Argentina.
BTIG analyst Gregory Lewis maintains Golar LNG (NASDAQ:GLNG) with a Buy and raises the price target from $36 to $45.
Stifel analyst Benjamin Nolan maintains Golar LNG (NASDAQ:GLNG) with a Buy and raises the price target from $34 to $55.
- SEC Filing
Golar LNG's 3rd Quarter 2024 results will be released before the NASDAQ opens on Tuesday, November 12, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tuesday November 12, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information
Reference is made to the second quarter 2024 report released on August 15, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around September 3, 2024. The record date will be August 26, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: August 22, 2024Ex-date: August 23, 2024
Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") signed an agreement for a 20-year FLNG deployment in Argentina. Strong progress on further FLNG opportunities.Golar and bp entered into commercial reset arrangements for FLNG Gimi for the pre-Commercial Operations Date ("Pre-COD") period, enabling refinancing at improved terms which is expected to release liquidity of up to $0.5 billion.Finalization of yard EPC and payment terms agreed in preparation for contracting of 3.5mtpa MKII FLNG.Golar reports Q2 2024 ("Q2" or "the quarter") Net income attributable to Golar of $26 million, and Adjusted EBITDA1 of $59 million.Adjusted EBITDA backlog1 of approximately $11 bi
Golar LNG's 2nd Quarter 2024 results will be released before the NASDAQ opens on Thursday, August 15, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday August 15, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on
Reference is made to the first quarter 2024 report released on May 28, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around June 17, 2024. The record date will be June 10, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: June 6, 2024Ex-date: June 7, 2024Record date: Jun
Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q1 2024 ("Q1" or "the quarter") Net income attributable to Golar of $55 million inclusive of $6 million of non-cash items1, and Adjusted EBITDA1 of $64 million.FLNG Hilli maintained 100% economic uptime and market leading operational track record. FLNG Gimi on standby day rate ready to commence operations for BP.Framework Agreement announced in our Q4 2023 earnings report now progressed to detailed contractual negotiations for FLNG deployment. Additional FLNG deployment opportunities in advanced development.0.7 million shares repurchased during Q1 at an average price of $20.87 per share. Declared divid
Golar LNG's 1st Quarter 2024 results will be released before the NASDAQ opens on Tuesday, May 28, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tuesday May 28, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to
Reference is made to the fourth quarter 2023 report released on February 29, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around March 20, 2024. The record date will be March 12, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.25 per shareDeclared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOKLast day including right: March 8, 2024Ex-date: March 11, 2024Recor
Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports full year 2023 total operating revenues of $298 million, a net loss attributable to Golar of $47 million inclusive of $331 million of non-cash items1, and Adjusted EBITDA1 of $356 million.Q4 2023 total operating revenues of $80 million, a net loss attributable to Golar of $33 million inclusive of $117 million of non-cash items1, and Adjusted EBITDA1 of $114 million.Total Golar Cash1 of $753 million.FLNG Hilli maintained market leading operational track record and exceeded 2023 production target. FLNG Gimi arrived and moored at the GTA hub offshore Mauritania and Senegal.Maturing commercial prospects for FL
Golar LNG's 4th Quarter 2023 results will be released before the NASDAQ opens on Thursday, February 29, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday February 29, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Informatio