Golar LNG Limited (GLNG)

NASDAQ: GLNG · IEX Real-Time Price · USD
24.26
+0.43 (1.80%)
At close: Sep 29, 2023, 4:00 PM
24.30
+0.04 (0.16%)
After-hours: Sep 29, 2023, 7:11 PM EDT
1.8%
Market Cap 2.57B
Revenue (ttm) 267.74M
Net Income (ttm) 787.77M
Shares Out 106.00M
EPS (ttm) 7.25
PE Ratio 26.37
Forward PE 11.63
Dividend $1.00 (4.12%)
Ex-Dividend Date Aug 18, 2023
Volume 953,259
Open 23.94
Previous Close 23.83
Day's Range 23.87 - 24.36
52-Week Range 19.62 - 28.47
Beta 0.73
Analysts Strong Buy
Price Target 30.75 (+26.75%)
Earnings Date Nov 15, 2023

About GLNG

Golar LNG Limited designs, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It also engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels; operation of the transportation of LNG carriers; and vessel management. The company was founded in 1946 and is headquartered in Hamilton, Bermuda. [Read more]

Sector Energy
Founded 1946
Employees 490
Stock Exchange NASDAQ
Ticker Symbol GLNG
Full Company Profile

Financial Performance

In 2022, Golar LNG's revenue was $267.74 million, an increase of 2.87% compared to the previous year's $260.27 million. Earnings were $787.77 million, an increase of 90.35%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GLNG stock is "Strong Buy." The 12-month stock price forecast is $30.75, which is an increase of 26.75% from the latest price.

Price Target
$30.75
(26.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Golar FLNG Gimi Gastech event and FLNG tour

Golar LNG Limited (“Golar” or “the Company”) announces today that it will be hosting a presentation and FLNG Gimi vessel tour at Singapore's Seatrium Benoi Yard on September 6, 2023 coinciding with Ga...

5 weeks ago - GlobeNewsWire

Key information relating to the cash dividend to be paid by Golar LNG Limited

Reference is made to the second quarter 2023 report released on August 10, 2023. Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or aro...

7 weeks ago - GlobeNewsWire

Interim results for the period ended June 30, 2023

Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q2 2023 Net income of $7 million, and Adjusted EBITDA 1 of $83 million, inclusive of $72 million of non-cash items...

7 weeks ago - GlobeNewsWire

Golar LNG Limited: 2023 AGM Results Notification

Golar LNG Limited (the “Company”) advises that the 2023 Annual General Meeting of the Company was held on August 8, 2023 at 10:00 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hami...

7 weeks ago - GlobeNewsWire

Golar LNG Limited – Q2 2023 results presentation

Golar LNG's 2nd Quarter 2023 results will be released before the NASDAQ opens on Thursday, August 10, 2023. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thu...

3 months ago - GlobeNewsWire

2023 Annual General Meeting

Further to the press release of June 14, 2023 giving notice that the Golar LNG Limited 2023 Annual General Meeting will be held on August 8, 2023, a copy of the Notice of Annual General Meeting and as...

3 months ago - GlobeNewsWire

Golar releases its 2022 Environmental, Social and Governance report

Golar LNG Limited (“Golar”) is pleased to announce that it has issued its 2022 Environmental, Social and Governance (“ESG”) report. This comprehensive report describes Golar's important role in advanc...

4 months ago - GlobeNewsWire

Golar LNG Limited 2023 Q1 Results presentation

Golar LNG Limited 2023 Q1 Results presentation

4 months ago - GlobeNewsWire

Golar LNG Dividend Information

Reference is made to the first quarter 2023 report released on May 30, 2023. Golar LNG has declared a total dividend of $0.25 per share to be paid on June 16, 2023. The record date will be June 12, 20...

4 months ago - GlobeNewsWire

Golar LNG Limited Interim results for the period ended March 31, 2023

Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports a Q1 2023 Adjusted EBITDA1 of $84 million and a Net Loss attributable to Golar of $102 million, inclusive of non-c...

4 months ago - GlobeNewsWire

Result of Summons to Written Resolution - Approved amendment to Golar's unsecured bonds

Pursuant to the announcement dated May 9, 2023 where Golar LNG Limited (“Golar” or the “Company”) instructed Nordic Trustee AS to summon a Written Resolution for the Company's senior unsecured bonds m...

4 months ago - GlobeNewsWire

Summons to written resolution – Proposed amendment to the unsecured bonds, supported by the majority of bonds outstanding

Golar LNG Limited (“Golar” or the “Company”) has today instructed Nordic Trustee AS to summon a written resolution for the Company's senior unsecured bonds maturing 20 October 2025 (ISIN NO 0011123432...

5 months ago - GlobeNewsWire

Golar LNG Limited – Q1 2023 results presentation

Golar LNG's 1st Quarter 2023 results will be released before the NASDAQ opens on Tuesday, May 30, 2023. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tuesday...

5 months ago - GlobeNewsWire

Golar LNG Limited - Announcement of filing of Form 20-F Annual Report

Golar LNG Limited announces that it has filed its Form 20-F for the year ended December 31, 2022 with the Securities and Exchange Commission in the U.S.

6 months ago - GlobeNewsWire

Golar closes acquisition of New Fortress Energy stake in FLNG Hilli

Further to the announcement on February 6, 2023, Golar LNG Limited (“Golar”) is pleased to confirm today that the agreement to acquire New Fortress Energy Inc.'s (“NFE”) interest in FLNG Hilli, effect...

7 months ago - GlobeNewsWire

Golar LNG Limited preliminary fourth quarter and financial year 2022 results

Golar's streamlined focus on FLNG positions the company to take advantage of the most profitable segment of the LNG value chain. The recently announced Hilli transaction, the upcoming commencement of ...

7 months ago - GlobeNewsWire

New Fortress Energy sells stake in Cameroon liquefaction plant to Golar LNG for $586 mln

New Fortress Energy LLC NFE, -3.00% said Monday it agreed to sell its ownership stake in a floating liquefaction facility in Cameroon for $586 million, including $323 million in debt and $263 million ...

Other symbols: NFE
8 months ago - Market Watch

Golar to acquire New Fortress Energy's stake in FLNG Hilli

Golar LNG Limited (“Golar” or “the Company”) has agreed to acquire the New Fortress Energy Inc. (“NFE”) ownership stake in FLNG Hilli in exchange for Golar's remaining 4.1 million shares in NFE and $1...

8 months ago - GlobeNewsWire

New Fortress Energy Sells Stake in Hilli for Cash and Return of Remaining NFE Shares Held by Golar

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (“NFE” or the “Company”) (NASDAQ: NFE) announced that it has reached an agreement with Golar LNG Limited (“Golar”) (Nasdaq: GLNG) for the sale of ...

Other symbols: NFE
8 months ago - Business Wire

Golar LNG Limited – Q4 2022 results presentation

Golar LNG's 4th Quarter 2022 results will be released before the NASDAQ opens on Tuesday, February 28, 2023. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tu...

8 months ago - GlobeNewsWire

Unwind of majority of TTF hedges of 2023 and 2024 Dutch Title Transfer Facility exposure, locking in approximately $140 million of TTF linked EBITDA.

Golar LNG Limited (“Golar”) announces today that it has unwound the majority of its swap arrangements for its Dutch Title Transfer Facility (“TTF”) linked production on the FLNG Hilli:

9 months ago - GlobeNewsWire

Golar LNG Limited: Result of partial bond buy-back

12 December 2022

10 months ago - GlobeNewsWire

Golar LNG Limited – Contemplated buy-back of bonds

5 December 2022

10 months ago - GlobeNewsWire

Interim results for the period ended September 30, 2022

FLNG operations: Distributable Adjusted EBITDA1 from FLNG Hilli increased by $1.9 million from $92.5 million in Q2 2022 to $94.4 million in Q3, of which Golar's share was $64.1 million, compared to $6...

11 months ago - GlobeNewsWire

Golar sale of approximately $100 million of shares in CoolCo

Golar LNG Limited (“Golar”) announces today that it has sold around 8 million shares in Cool Company Ltd. (“CoolCo”) raising net proceeds of approximately $100 million. Following the sale Golar will o...

11 months ago - GlobeNewsWire