Golar LNG Stock Price, News & Analysis

Golar LNG (NASDAQ:GLNG) reported Q2 2025 financial results with net income of $16 million and Adjusted EBITDA of $49 million. The company secured significant new contracts, adding $13.7 billion in Adjusted EBITDA backlog through two major agreements with Southern Energy S.A. (SESA): a 20-year charter for FLNG Hilli worth $5.7 billion and another 20-year charter for MKII FLNG valued at $8 billion.

Key operational highlights include FLNG Gimi achieving Commercial Operations Date (COD) and the successful closure of a $575 million convertible senior notes offering. The company maintains a strong liquidity position with Total Golar Cash of $891 million and declared a quarterly dividend of $0.25 per share. Both FLNG contracts include commodity-linked upside potential of approximately $100 million annually for every dollar above $8/MMBtu.

Golar LNG (NASDAQ:GLNG) has announced that Southern Energy S.A. (SESA) has reached Final Investment Decision (FID) for a 20-year charter of Golar's 3.5MTPA MK II FLNG vessel. The agreement includes $400 million annual net charter hire plus a 25% commodity-linked tariff for FOB prices above $8/mmbtu.

The FLNG vessel, currently under conversion in China, will be deployed in Argentina's San Matías Gulf by 2028, operating alongside FLNG Hilli. Together, both units will have a combined capacity of 5.95MTPA. SESA's ownership structure includes Pan American Energy (30%), YPF (25%), Pampa Energia (20%), Harbour Energy (15%), and Golar (10%).

The project is expected to generate $8 billion in net earnings over 20 years for Golar, with additional upside potential through the commodity tariff component and SESA shareholding.

Golar LNG Limited (NASDAQ: GLNG) has announced the appointment of Stephen J. Schaefer to its Board of Directors, effective August 1, 2025. Mr. Schaefer brings extensive experience in natural gas and electricity markets since 1993, currently serving as Chairman of Talen Energy Corporation and Board Member of GenOn Energy.

Mr. Schaefer's distinguished career includes roles as a Partner at Riverstone Holdings, Managing Director at Huron Consulting Group, and Vice President at Duke Energy North America. He is a Chartered Financial Analyst with a magna cum laude B.S. in Finance and Accounting from Northeastern University.

Golar LNG Limited (NASDAQ:GLNG) has published its 2024 Environmental, Social and Governance (ESG) report. The report is available on the company's website and as an attachment to the announcement.

The announcement primarily consists of standard forward-looking statements disclaimers and contact information for inquiries through Golar Management Limited.

Golar LNG (NASDAQ:GLNG) has scheduled its Q2 2025 earnings release and presentation for Thursday, August 14, 2025. The company will release results before NASDAQ market open, followed by a webcast presentation at 1:00 PM London Time.

The presentation will be accessible through a live webcast link from the company's Investor Relations website. Sell-side analysts can participate in the Q&A session via conference call, with a limit of two questions per participant. The presentation materials will be available for download from www.golarlng.com.

Golar LNG Limited (NASDAQ: GLNG) has successfully closed its previously announced offering of $575 million of 2.75% Convertible Senior Notes due 2030, including a $75 million option exercise by initial purchasers. The Notes, sold to qualified institutional buyers under Rule 144A, carry a 2.75% annual interest rate payable semi-annually and mature on December 15, 2030.

The Notes are convertible into GLNG common shares, cash, or a combination thereof, at an initial conversion rate of 17.3834 common shares per $1,000 principal amount, equivalent to a conversion price of approximately $57.53 per share - a 40% premium over the June 25, 2025 closing price of $41.09.

The company has used part of the proceeds to repurchase 2.5 million common shares, reducing total outstanding shares to 102.3 million. The remaining proceeds will fund general corporate purposes, including potential investments in a fourth FLNG unit, MKII FLNG conversion costs, FLNG Hilli redeployment costs, debt repayment, and working capital.

Golar LNG Limited (NASDAQ: GLNG) has announced the pricing of $500 million of 2.75% Convertible Senior Notes due 2030, with an additional 30-day option for purchasers to acquire up to $75 million more. The Notes will bear interest at 2.75% annually, payable semi-annually, and will be convertible into common shares, cash, or a combination at the company's discretion.

The initial conversion rate is set at 17.3834 common shares per $1,000 principal amount, equivalent to a conversion price of $57.53 per share. The company plans to use the proceeds to repurchase 2.5 million common shares and for general corporate purposes, including potential investments in a fourth FLNG unit and various operational costs.

Golar LNG Limited (NASDAQ: GLNG) has announced plans to offer $500 million in Convertible Senior Notes due 2030 through a private placement to qualified institutional buyers. The company will also grant initial purchasers a 30-day option for an additional $75 million in notes.

The notes will be senior, unsecured obligations paying semiannual interest, maturing December 15, 2030, and will be convertible into common shares, cash, or a combination thereof. The proceeds will be used to repurchase up to 2.5 million common shares and for general corporate purposes, including potential investments in a fourth FLNG unit, MKII FLNG conversion costs, and FLNG Hilli redeployment costs.

Golar LNG has announced that its FLNG Gimi vessel has achieved Commercial Operations Date (COD) for the Greater Tortue Ahmeyim project offshore Mauritania and Senegal. This milestone activates a 20-year Lease and Operate Agreement worth approximately $3 billion in Adjusted EBITDA backlog for Golar's share. The project represents a significant achievement for African offshore development, establishing Mauritania and Senegal as LNG exporters. Following this and the May 2025 announcement of two FLNG charters in Argentina, Golar is expediting development of additional FLNG units. The company is evaluating multiple options including a 3.5mtpa MKII option at CIMC Raffles shipyard, conducting a final engineering study for a 5mtpa MKIII FLNG, and updating specifications for a 2.7mtpa MKI FLNG, with design choices being guided by charterer demand.