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'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 ...

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 ...