Golar LNG (GLNG) Soars 9.0%: Is Further Upside Left in the Stock?

Golar LNG (GLNG) shares ended the last trading session 9% higher at $41.53. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.1% loss over the past four weeks.Recently, Golar LNG announced that all conditions have been met for its 20-year charter agreement with Southern Energy for the 3.5 MTPA MKII FLNG, which will be deployed offshore Argentina starting operations in 2028. This contract provides GLNG with roughly ...