SECOND QUARTER 2024 RESULTS AUGUST 15, 2024 Golar LNG Golar LNG Limited 2024 I 1 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 forwardlooking stateme ...

Golar LNG (GLNG) is scheduled to report second-quarter 2024 results on Aug 15 before market open. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at 44 cents per share and $67.4 million, respectively. The earnings estimate for the to-be-reported quarter has remained stable in the past 60 days. The bottom-line projection indicates a year-over-year decline of 29%. The Zacks Consensus Estimate for quarterly revenues suggests a year-over-year decrease of 12.8%. GLNG ...

Golar LNG Ltd. ("Golar"), and bp, as Operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset agreement simplifies contractual cash flows and settles previous disputes related to payment mechanisms for pre-commercial operations date ("Pre-COD") contractual cash flows. Golar and bp have agreed an updated schedule of daily payments until the Commercial Operations Date ("COD"). The daily payments have step-up mechanisms bas ...

Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. ...

Golar LNG (GLNG) closed the last trading session at $34.30, gaining 21.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $44.63 indicates a 30.1% upside potential. The mean estimate comprises four short-term price targets with a standard deviation of $8.04. While the lowest estimate of $35.50 indicates a 3.5% increase from the current price level, the most optimistic analyst expec ...

Golar LNG (GLNG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earni ...

A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. GLNG is quite a good fit in this regard, gaining 36.7% over this period. Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance. Click here to sign up for a free trial to the Research Wizard toda ...

Golar LNG Limited (GLNG) has signed definitive agreements with Pan American Energy or PAE,a leading integrated energy company in Latin America that holds interests across the whole hydrocarbon value chain,to station a Floating Liquefied Natural Gas ("FLNG") vessel in Argentina for 20 years. This FLNG project will monetize Argentine gas by utilizing the vast resources of the Vaca Muerta shale formation in the Neuquina Basin, the world's second-largest shale gas resource. The company will hold a 10% stake in ...

Golar LNG's 2nd Quarter 2024 results will be released before the NASDAQ opens on Thursday, August 15, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday August 15, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call. Please download the presentation mate ...

Will the recent positive trend continue leading up to its next earnings release, or is Golar LNG due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. GLNG's first-quarter 2024 earnings of 45 cents surpassed the Zacks Consensus Estimate by a penny but declined year over year. Revenues of $63.2 million lagged the Zacks Consensus Estimate of $72.3 million ...