Golar LNG Stock Price, News & Analysis

Golar LNG (GLNG) has scheduled its Q1 2025 earnings release for Wednesday, May 21, 2025, before NASDAQ market opening. The company will host a webcast presentation at 1:00 PM London Time on the same day.

The presentation materials will be accessible through the Investor Relations section of www.golarlng.com. Participants are encouraged to join via the listen-only live webcast link. Sell-side analysts can participate in the Q&A session through a conference call, with a limit of two questions per participant.

To access the webcast, participants need a computer with a sound card, with no special plug-ins required. Conference call participants must pre-register to receive dial-in details and passcode, with options for manual dialing or using the 'Call me' feature.

Golar LNG has announced that FLNG Gimi successfully completed its first full LNG cargo offload to the LNG carrier British Sponsor, marking Mauritania and Senegal's entry into the international gas market. This milestone triggers the final pre-Commercial Operations Date bonus payment to Golar under the August 2024 commercial reset agreement.

Commissioning is progressing as planned, with Commercial Operations Date (COD) expected in Q2 2025. The COD will initiate a 20-year Lease and Operate Agreement that will generate approximately $3 billion in Adjusted EBITDA backlog for Golar's share, along with the recognition of contractual payments including capital and operating elements in both balance sheet and income statement.

Golar LNG (GLNG) has announced the filing of its Form 20-F annual report for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The report is now accessible through multiple channels, including the company's website at www.golarlng.com.

Shareholders can obtain a complimentary hard copy of the report upon request. The announcement was made by the Board of Directors from Hamilton, Bermuda on March 27, 2025, in compliance with the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.

Golar LNG has announced its upcoming 2025 Annual General Meeting scheduled for May 20, 2025. The company has made the Notice of Annual General Meeting and associated documentation available on their website at golarlng.com. Additionally, Golar's 2024 Annual Report on Form 20-F will be filed with the SEC and posted to their website before the meeting takes place.

Golar LNG has announced entering into finance lease agreements with Chinese leasing companies to refinance the existing FLNG Gimi debt facility. The sale leaseback facility will amount to approximately $1.2 billion, with an expected closing within Q2 2025.

The facility features a 12-year tenor and 17-year amortization profile with quarterly repayments. Upon closing and repayment of the existing debt facility, Gimi MS is expected to generate net proceeds of approximately $530 million, including the release of existing interest rate swaps. Golar will receive 70% of these proceeds, equivalent to approximately $371 million.

Golar LNG announces the approval of a prospectus by the Financial Supervisory Authority of Norway (Finanstilsynet) for listing a $500 million unsecured Norwegian bond on the Oslo Stock Exchange. The bond, with ISIN NO0013331223, was approved on March 13, 2025.

The listing prospectus and final terms are available on Golar's website. The company has provided standard forward-looking statements disclaimers, noting that actual outcomes may differ from projections.

Golar LNG has announced its upcoming 2025 Annual General Meeting, scheduled for Tuesday, May 20, 2025. The company has set March 13, 2025, as the record date for voting eligibility. Shareholders will receive meeting materials through standard distribution channels, and all documentation will be accessible on the company's website at www.golarlng.com. The announcement complies with Norwegian Securities Trading Act disclosure requirements.

Golar LNG (NASDAQ: GLNG) has announced a cash dividend of $0.25 per share following their fourth quarter 2024 report released on February 27, 2025. The dividend payment is scheduled for March 18, 2025, with a record date of March 11, 2025.

For shareholders with shares registered in Norway's central securities depository (VPS), due to the implementation of the Central Securities Depository Regulation (CSDR), the dividend payment will be distributed on or about March 20, 2025 in NOK currency. The ex-dividend date is set for March 10, 2025.

Golar LNG reports Q4 2024 net income of $3 million and Adjusted EBITDA of $59 million, with full-year 2024 net income of $50 million and Adjusted EBITDA of $241 million. Total cash position stands at $699 million.

Key developments include:

• Acquisition of remaining minority interests in FLNG Hilli for $60 million cash plus $30 million in debt
• FLNG Gimi commenced commissioning with first LNG production
• MKII FLNG conversion project 9% complete
• Sale of Avenir LNG stake for $39 million
• Exit from LNG shipping with Golar Arctic sale for $24 million
• Quarterly dividend declared at $0.25 per share

FLNG Hilli maintained strong operations, exceeding 2024 production targets. The Argentina project strengthened with Pampa Energia, Harbour Energy, and YPF joining the consortium. FLNG Gimi is expected to reach Commercial Operations Date in Q2 2025, unlocking approximately $3 billion in Adjusted EBITDA backlog.