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Golar LNG Ltd - GLNG STOCK NEWS

Welcome to our dedicated page for Golar LNG news (Ticker: GLNG), a resource for investors and traders seeking the latest updates and insights on Golar LNG stock.

Golar LNG Ltd (Nasdaq: GLNG) is one of the world’s largest independent owners and operators of marine-based LNG midstream infrastructure. The company specializes in the liquefaction, transportation, and regasification of natural gas. With over 40 years of experience in the LNG midstream sector, Golar LNG Ltd has built a reputation for providing flexible, low-cost, and fast-track LNG-based solutions designed to succeed even in low commodity price environments.

Golar LNG Ltd's core business includes the operation of a fleet of Floating Liquefaction Natural Gas vessels (FLNG) and Floating Storage and Regasification Units (FSRU). The company is actively involved in the entire LNG supply chain, from the well to the consumer, and operates several significant projects and joint ventures. One noteworthy partnership is with Schlumberger in a joint venture known as OneLNG, focused on floating liquefaction. Another key partnership is with Stonepeak, forming Golar Power, dedicated to the ownership and operation of FSRUs and power generation infrastructure.

Golar LNG Ltd continues to expand its innovative floating LNG assets to monetize natural gas reserves effectively and deliver LNG. The company's vision is to revolutionize the LNG market by leveraging its marine expertise and innovative solutions.

Financially, Golar LNG Ltd generates most of its revenue from the FLNG segment, which highlights the company's strategic focus on this profitable area. The company is listed on the Nasdaq stock market under the symbol GLNG, making it an accessible investment option for those interested in the LNG sector.

Recent achievements include several key financial and operational milestones. These developments underline Golar LNG Ltd's commitment to growth and maintaining its position as a leader in the LNG industry.

Rhea-AI Summary
Golar LNG Limited (GLNG) declares a total dividend of $0.25 per share to be paid on or around August 29, 2023. The record date is August 21, 2023. Due to the implementation of the CSDR, dividends payable to shares registered in the VPS will be distributed in NOK. Ex-date is August 18, 2023.
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Golar LNG Limited reports Q2 2023 net income of $7 million and adjusted EBITDA of $83 million. The company has executed amendments to reduce debt service cost and has agreed to sell an LNG carrier for $15 million. They have also signed an agreement with Nigeria National Petroleum Corporation for joint development of gas fields using FLNG. FLNG Gimi conversion works are 97% complete and the yard departure is scheduled for September 2023. Golar has repurchased 1.4 million shares and declared a dividend of $0.25 per share for the quarter.
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Golar LNG Limited announces date for 2023 Annual General Meeting
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Golar LNG declares dividend of $0.25 per share
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FAQ

What is the current stock price of Golar LNG (GLNG)?

The current stock price of Golar LNG (GLNG) is $41.33 as of December 20, 2024.

What is the market cap of Golar LNG (GLNG)?

The market cap of Golar LNG (GLNG) is approximately 4.3B.

What does Golar LNG Ltd do?

Golar LNG Ltd specializes in the liquefaction, transportation, and regasification of natural gas through its fleet of FLNG and FSRU vessels.

Where is Golar LNG Ltd listed?

Golar LNG Ltd is listed on the Nasdaq stock market under the symbol GLNG.

What are FLNG and FSRU?

FLNG stands for Floating Liquefaction Natural Gas vessel, and FSRU stands for Floating Storage and Regasification Unit. Both are integral to Golar LNG Ltd's operations.

What joint ventures is Golar LNG Ltd involved in?

Golar LNG Ltd is involved in OneLNG with Schlumberger for floating liquefaction and Golar Power with Stonepeak for FSRUs and power generation infrastructure.

What is Golar LNG Ltd's main revenue source?

The company generates most of its revenue from the FLNG segment.

How long has Golar LNG Ltd been in the LNG industry?

Golar LNG Ltd has over 40 years of experience in the LNG midstream sector.

What is the vision of Golar LNG Ltd?

Golar LNG Ltd aims to break the mould in LNG, using innovative floating LNG assets to provide competitive solutions for monetizing natural gas reserves.

How does Golar LNG Ltd ensure its solutions are cost-effective?

Golar LNG Ltd designs its LNG-based solutions to be flexible, low-cost, and fast-track, ensuring competitiveness even in low commodity price environments.

What recent achievements has Golar LNG Ltd made?

Golar LNG Ltd has achieved several key financial and operational milestones, reinforcing its position as a leader in the LNG industry.

Who can invest in Golar LNG Ltd?

Investors interested in the LNG sector can invest in Golar LNG Ltd via the Nasdaq stock market under the ticker symbol GLNG.

Golar LNG Ltd

Nasdaq:GLNG

GLNG Rankings

GLNG Stock Data

4.33B
93.07M
10.85%
73.64%
2.26%
Oil & Gas Midstream
Energy
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United States of America
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