Vessel operating expenses, accounting for 54% of the total operating expenses, rose by 39.2% year over year to $25.9 million in the first quarter of 2024. Voyage, charter hire and commission expenses increased by $1.53 million compared to the first quarter of 2023. This northward movement in expenses does not bode well for GLNG's bottom line. SKYW has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surpr ...

Golar LNG is the sole provider of floating LNG or liquefied natural gas as a service. GLNG ranks first in terms of FLNG capacity. The FLNG market is growing due to its economic viability and is expected to display significant capacity growth, particularly in Africa and North America. The buoyant nature of the FLNG market has resulted in the GLNG stock gaining 33% year to date. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research sho ...

Golar LNG Limited (GLNG) shares gained 1.5% since its first-quarter 2024 earnings release on May 28. The uptick can be attributed to the better-than-expected first-quarter 2024 earnings performance. Quarterly earnings of 45 cents per share 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 and declined year over year. Adjusted EBITDA of $63.58 million declined 24% year over year. GLNG exited the first ...

Golar LNG Limited (NASDAQ:GLNG) Q1 2024 Earnings Conference Call May 28, 2024 8:00 AM ET Karl Fredrik Staubo - CEO Eduardo Maranhao - CFO Ben Nolan - Stifel Alexander Bidwell - Weber Research Advisory Chris Robertson - Deutsche Bank Liam Burke - B. Riley Financial Greg Lewis - BTIG Welcome to the Golar LNG Limited Quarter One 2024 Presentation. After the slide presentation by CEO, Karl Fredrik Staubo; and CFO, Eduardo Maranhao, there will be a question-and-answer session. Information on how to ask a questio ...

Golar LNG Limited Hamilton, Bermuda May 28, 2024 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Dividend amount: $0.25 per share Declared currency: USD. Dividends payable to shares registered in the VPS will be distributed in NOK Last day including right: June 6, 2024 Ex-date: June 7, 2024 Record date: June 10, 2024 Payment date: On or about June 17, 2024. Due to the implementation of CSDR in Norway, dividends payable to shares regist ...

Reference is made to the first quarter 2024 report released on May 28, 2024. Golar LNG Limited ("Golar"), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around June 17, 2024. The record date will be June 10, 2024. Due to the implementation of the Central Securities Depository Regulation ("CSDR"), please note the information below on the payment date for the small number of Golar shares registered in Norway's central securities depository ("VPS"): Dividend amount: $0.2 ...

Highlights and subsequent events Golar LNG Limited ("Golar" or "the Company") reports Q1 2024 ("Q1" or "the quarter") Net income attributable to Golar of $55 million inclusive of $6 million of non-cash items1, and Adjusted EBITDA1 of $64 million. FLNG Hilli maintained 100% economic uptime and market leading operational track record. FLNG Gimi on standby day rate ready to commence operations for BP. Framework Agreement announced in our Q4 2023 earnings report now progressed to detailed contractual negotiatio ...

Golar LNG Limited ("Golar") is pleased to announce that it has issued its 2023 Environmental, Social and Governance ("ESG") report. This comprehensive report details how Golar's technology and business model including its flagship FLNG business and promising small-scale Flare to Gas (F2X) business, which captures and monetizes flare gas onshore, can help advance the global energy transition to a lower carbon future whilst benefitting the communities we operate in. Our 2023 ESG report is attached and will al ...

This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended). All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as "may," "could," "can", "should," "would," "expect," "plan," "anticipate," "intend," "forecast," "believe," "estimate," "predict," "propose," "potential," "continue," or the negative of ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Golar LNG (GLNG) , which belongs to the Zacks Transportation - Shipping industry, could be a great candidate to consider.When looking at the last two reports, this operator of carriers for natural gas shipping has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 45%, on average, in the last two quarters.For ...