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Golar LNG (GLNG) - 2021 Q2 - Earnings Call Transcript
2021-08-09 19:10
Golar LNG Limited (NASDAQ:GLNG) Q2 2021 Earnings Conference Call August 9, 2021 10:00 AM ET Company Participants Karl Staubo - CEO Eduardo Maranhao - CFO Conference Call Participants Ben Nolan - Stifel Mike Webber - Webber Research James Yoon - Citi Randy Giveans - Jefferies Sean Morgan - Evercore Ken Hoexter - Bank of America Merrill Lynch Liam Burke - B. Riley FBR Operator Good day, and thank you for standing by. Welcome to the Golar LNG Limited Q2, 2021 Results Presentation Conference Call. Currently, al ...
Golar LNG (GLNG) - 2021 Q2 - Earnings Call Presentation
2021-08-09 16:22
Financial Highlights - Golar LNG reported a gain of $575 million from the closing of Hygo and GMLP transactions, leading to an increase in liquid assets by approximately $700 million[3] - The company's Q2 cash balance stood at $287 million[3] - Net income for Q2 2021 was $471 million, primarily driven by net income from discontinued operations and unrealized gain on Brent oil derivative[3, 6] - Adjusted EBITDA for Q2 2021 was $67 million[3] FLNG Operations - Hilli Episeyo achieved 100% uptime and offloaded its 59th cargo[3] - Increased capacity utilization for Hilli agreed for 2022, with an option for a sustained increase from 2023, potentially adding $113 million in adjusted EBITDA backlog at TTF forward curve or $373 million on current TTF price[3, 41] - Gimi construction is 72% technically complete, targeting sail-away in Q1 2023 and contract start-up in Q4 2023, with an adjusted annual EBITDA of $215 million (on 100% basis) and an adjusted EBITDA backlog of $4.3 billion[3, 23] Shipping Operations - Q2 TCE was $46700, including loss of hire proceeds[3] - A 5-year vessel charter was agreed, increasing shipping revenue backlog to $259 million[3] - The company anticipates Q3 2021 TFDE TCE to be around $47000 per day, with utilization expected to be around 98%[29]
Golar LNG (GLNG) - 2021 Q1 - Earnings Call Presentation
2021-05-20 18:43
Golar LNG MAY 20, 2021 FIRST QUARTER 2021 RESULTS © Golar LNG Limited Forward Looking Statements | --- | --- | --- | --- | --- | |------------------------------------------------------------|-------------------------------------------------------|-----------------|----------------------------------------------------------------|------------------------------------------------------------------| | | | | | | | This press release contains forward-looking | statements are: our inability and that of | our | oper ...
Golar LNG (GLNG) - 2021 Q1 - Earnings Call Transcript
2021-05-20 18:13
Golar LNG Limited (NASDAQ:GLNG) Q1 2021 Results Conference Call May 20, 2021 10:00 AM ET Company Participants | --- | |-------------------------------------------------| | | | | | Karl Staubo - CEO Eduardo Maranhão - CFO | | Conference Call Participants | | Randy Giveans - Jefferies | | James Yoon - Citi Mike Webber - Webber Research | | Omar Nokta - Clarksons | | | | Sean Morgan - Evercore | | Ben Nolan - Stifel | | Greg Lewis - BTIG Liam Burke - B. Riley | Operator Good day and thank you for standing by. ...
Golar LNG (GLNG) - 2020 Q4 - Annual Report
2021-04-22 10:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...
Golar LNG (GLNG) - 2020 Q3 - Earnings Call Transcript
2020-11-30 18:54
Golar LNG Limited (NASDAQ:GLNG) Q3 2020 Earnings Conference Call November 20, 2020 10:00 AM ET Company Participants Iain Ross - CEO Karl Fredrik Staubo - CFO Eduardo Maranhão - CFO, Hygo Tor Olav Trøim - Chairman of Golar LNG and Hygo Stuart Buchanan - Head, IR Conference Call Participants Ben Nolan - Stifel Nicolaus Mike Webber - Webber Research Sean Morgan - Evercore ISI Randy Giveans - Jefferies Craig Shere - Tuohy Brothers Ken Hoexter - Bank of America Merrill Lynch Greg Lewis - BTIG Operator Ladies and ...
Golar LNG (GLNG) - 2020 Q3 - Earnings Call Presentation
2020-11-30 14:23
Golar LNG © Golar LNG Limited Third Quarter 2020 Results November 30, 2020 Solid Results, Fundamentals Continue to Improve Forward Looking Statements This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management's current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occu ...
Golar LNG (GLNG) - 2020 Q2 - Earnings Call Transcript
2020-08-13 22:07
Golar LNG Limited (NASDAQ:GLNG) Q2 2020 Earnings Conference Call August 13, 2020 10:00 AM ET Company Participants Iain Ross – Chief Executive Officer Callum Mitchell-Thomson – Chief Financial Officer Stuart Buchanan – Head-Investor Relations Eduardo Maranhao – Chief Financial Officer-Golar Power Conference Call Participants Jon Chappell – Evercore ISI Ben Nolan – Stifel, Nicolaus and Company Randy Giveans – Jefferies LLC Mike Webber – Webber Research James Yoon – Citigroup Sanjay Ramaswamy – Bank of America ...
Golar LNG (GLNG) - 2020 Q2 - Earnings Call Presentation
2020-08-13 17:40
Golar LNG © Golar LNG Limited Second Quarter 2020 Results August 13, 2020 Delivering on our commitments Forward Looking Statements This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management's current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are ...
Golar LNG (GLNG) - 2020 Q1 - Earnings Call Transcript
2020-05-29 04:22
Golar LNG Limited (NASDAQ:GLNG) Q1 2020 Earnings Conference Call May 28, 2020 10:00 AM ET Company Participants Iain Ross – Chief Executive Officer Callum Mitchell-Thomson – Chief Financial Officer Conference Call Participants Ken Hoexter – BofA Merrill Lynch Randy Giveans – Jefferies Michael Webber – Webber Research & Advisory James Monigan – Citi Craig Shere – Tuohy Brothers Investment Research Greg Lewis – BTIG Jason Gabelman – Cowen and Company Liam Burke – B. Riley FBR Iain Ross Thank you. Good morning, ...