Core Viewpoint - Golar LNG Limited plans to offer $500 million in Convertible Senior Notes due 2030, with an option for an additional $75 million, to fund share repurchases and general corporate purposes [1][4]. Group 1: Offering Details - The offering will be made to qualified institutional buyers under Rule 144A of the Securities Act [1]. - The Notes will be senior, unsecured obligations, maturing on December 15, 2030, and will pay interest semiannually [3]. - The Company intends to use the net proceeds to repurchase up to 2.5 million common shares and for various corporate purposes, including growth investments and debt repayment [4]. Group 2: Interest from Directors - Certain directors and officers of the Company have expressed interest in purchasing common shares from investors in the offering [2]. - Entities controlled by or affiliated with the Company's directors have indicated interest in purchasing the Notes at the initial offering price [2]. Group 3: Regulatory Information - The Notes and shares issuable upon conversion have not been registered under the Securities Act and may not be offered or sold without registration or an exemption [6]. - This announcement does not constitute an offer to sell or a solicitation to buy the Notes [5].

Group 1 - FLNG is positioned well for the upcoming year, which is expected to be another down year for the LNG industry [1] - The investment group Hidden Dividend Stocks Plus focuses on finding solid income opportunities with dividend yields ranging from 5% to 10% or more, supported by strong earnings [1] - The portfolio managed by Hidden Dividend Stocks Plus can include up to 40 holdings at a time, along with features like a dividend calendar and weekly research articles [1] Group 2 - Robert Hauver, known as "Double Dividend Stocks," has over 30 years of investing experience and focuses on undercovered and undervalued income vehicles [2]

Core Viewpoint - The U.S. Department of Energy has issued a permit for the Port Arthur LNG Phase 2 project, allowing the export of approximately 13.5 million tonnes per annum of U.S.-produced LNG to non-FTA countries, marking a significant regulatory milestone for the project [1][2]. Group 1: Project Development - The Port Arthur LNG Phase 2 project aims to enhance the U.S. position in global energy markets and support trade goals while providing economic opportunities at various levels [2]. - The project is under active marketing and development, with authorization from the Federal Energy Regulatory Commission received in September 2023 [2]. - The Phase 2 project will include two liquefaction trains, increasing the total liquefaction capacity of the Port Arthur facility from approximately 13 million tonnes per annum for Phase 1 to about 26 million tonnes per annum [2]. Group 2: Strategic Partnerships - In June 2024, Sempra Infrastructure and a subsidiary of Aramco signed a non-binding heads of agreement for a long-term LNG offtake agreement and equity investment in the Port Arthur LNG Phase 2 project [3]. - Bechtel was selected for a fixed-price engineering, procurement, and construction contract for the project in July 2024 [3]. Group 3: Current Status and Future Outlook - The Port Arthur LNG Phase 1 project is currently under construction, with expected commercial operation dates for the first two trains set for 2027 and 2028, respectively [4]. - Future phases of the Port Arthur LNG project are in the early development stage, indicating ongoing expansion plans [2].

Financial Data and Key Metrics Changes - The company reported total operating revenues of $63 million for Q1 2025, with FLNG tariffs reaching $73 million during the quarter [36] - Total EBITDA for Q1 was $41 million, driven largely by lower Brent and TTF prices, with a twelve-month EBITDA of $218 million [37] - The net income for the quarter was $13 million, consistent with the previous quarter, including $32 million of non-cash items [38] - The company declared a dividend of $0.25 per share, equating to approximately $105 million annually [38] Business Line Data and Key Metrics Changes - The Hilli FLNG maintained a 100% operational uptime and has delivered 132 cargoes since 2018, producing over 9.2 million tonnes of LNG [5][6] - The Gimi FLNG is in the final stage of commissioning, with a contractual EBITDA of $151 million based on 90% capacity utilization [7] - The Mark II FLNG conversion is progressing well, with a projected delivery by the end of 2027 [9] Market Data and Key Metrics Changes - The company has a market cap of approximately $4 billion and total net debt of under $100 million, with a net debt to EBITDA ratio of around 2.8x [5] - The LNG market is expected to grow significantly, with the U.S. being the largest producer, holding a 23% market share [21] Company Strategy and Development Direction - Golar LNG aims to transform into a market-leading infrastructure company with a focus on FLNG services, supported by a backlog of over $17 billion in EBITDA [11][72] - The company is targeting opportunities with competitive wellhead gas to secure attractive base tariffs with commodity upside participation [30] - The strategic focus includes risk mitigation in Argentina through regulatory frameworks and long-term contracts [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth potential, citing a strong backlog and favorable market conditions for LNG [60][67] - The board is open to exploring strategic alternatives if the share price does not reflect the company's value over time [90][94] Other Important Information - The company has fully exited LNG shipping with the sale of Golar Arctic and its equity stake in Avenir LNG [4] - The company is in discussions for potential new FLNG units and is ramping up shipyard activity to safeguard construction timelines [30][79] Q&A Session Summary Question: Could you touch on the overall commercial strategy for offtake on the Argentina projects? - The strategy involves a mix of Brent, JKM, and TTF linked volumes, with some left for spot sales, targeting high-paying countries near Argentina [76] Question: Is there any additional upside on the Argentina contracts for excess production? - The contracts are for full capacity, with no additional upside for excess production, similar to the Gimi contract [78] Question: When do you start thinking about ordering long lead items for another new build? - For conversions, the timeline is approximately three years, while new builds take about four years [79] Question: What is the JV's breakeven price for the commodity exposure? - The breakeven is assumed to start at $7.5, with upside from $8, and Golar is liable for 10% of the required investments for infrastructure [81][82] Question: Is the company considering strategic alternatives if the share price remains low? - The board is focused on creating value for shareholders and will consider options if the share price does not reflect the company's value over time [90][94] Question: Can you clarify any remaining CapEx associated with Gimi? - No material payments are expected in the second quarter, with revenues from Gimi to start contributing to the P&L upon commencement of operations [95]

ATHENS, Greece, May 27, 2025 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2025. Quarter Highlights: Net Income and Earnings per common unit (basic and diluted) of $13.6 million and $0.28, respectively;Adjusted Net Income(1) of $14.3 million and Adjusted Earnings per common unit(1) (basic and diluted) of $0.30;Adjusted EBITDA(1) of $27.1 million; ...

Financial Data and Key Metrics Changes - The company achieved total operating revenues of $63 million in Q1 2025, with FLNG tariffs reaching $73 million for the quarter [34] - Total EBITDA for Q1 was $41 million, driven largely by lower Brent and TTF prices, with a twelve-month EBITDA of $218 million [35] - The net income for the quarter was $13 million, consistent with the previous quarter, including $32 million of non-cash items [36] - The company maintains a strong liquidity position with approximately $680 million in cash at the end of the quarter [36] Business Line Data and Key Metrics Changes - The Hilli FLNG unit maintained a 100% operational uptime and has delivered 132 cargoes since 2018, producing over 9.2 million tonnes of LNG [4][5] - The Gimi FLNG is in the final stages of commissioning, with a contractual EBITDA of $151 million based on 90% capacity utilization [6] - The Mark II FLNG conversion is progressing well, with a projected delivery by the end of 2027 [8][9] Market Data and Key Metrics Changes - The global LNG market is projected to grow significantly, with the U.S. being the largest producer, holding a 23% market share [21] - The delivered price of U.S. export projects is above $10 per MMBtu, while Golar's contracts in Argentina have a gross tariff of around $2.45 per MMBtu [22][24] Company Strategy and Development Direction - Golar LNG is focused on becoming a market-leading infrastructure company with a significant backlog of contracts, currently standing at $17 billion [11][69] - The company aims to secure additional FLNG units and is in discussions for potential projects with competitive wellhead gas [29] - The strategic focus includes risk mitigation through regulatory frameworks and maintaining a strong position in the LNG market [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth potential, citing a robust backlog and favorable market conditions for LNG [66] - The company anticipates significant additional EBITDA contributions from commodity price increases, with a focus on long-term contracts [15][17] - Management highlighted the importance of maintaining a strong team and innovative approaches to capture market opportunities [59][62] Other Important Information - The company declared a dividend of $0.25 per share for the quarter, with a record date of June 3 and payment scheduled for June 10 [36] - Golar has fully exited LNG shipping with the sale of Golar Arctic and its equity stake in Avenir LNG [3] Q&A Session Summary Question: Could you touch on the overall commercial strategy for offtake on the Argentina projects? - The strategy involves a mix of Brent, JKM, and TTF linked volumes, with some left for spot sales, targeting high-paying countries near Argentina [74] Question: Is there any additional upside on the base charter rate for excess production similar to the Gimi contract? - No, the charter for the Argentina project is for full capacity, with earnings above 90% captured through the shareholding in Southern Energy [76] Question: When do we start thinking about ordering the long lead items for another new build? - For Mark I and II, the conversion time is approximately three years, while Mark III would take about four years [77] Question: How do we think about the JV's breakeven price for the commodity exposure? - The breakeven is assumed to start at $7.5, with upside from $8, and Golar is liable for 10% of the required investments by CESA [78] Question: Is the company currently considering strategic alternatives if the share price stays low? - The focus remains on running the business, but the board will consider options if the share price does not reflect the company's value over time [84][90] Question: Can you clarify around any remaining CapEx associated with Gimi? - No material payments are expected in the second quarter, with revenues from Gimi to start contributing to the P&L upon commencement of operations [92]

FIRST QUARTER 2025 RESULTS AND UPDATE May 27, 2025 Golar LNG Limited 2025 I 1 Golar LNG Limited 2025 I 2 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 ar ...

Core Insights - Golar LNG Limited has maintained a strong operational track record with FLNG Hilli, having offloaded 132 cargoes and produced over 9 million tons of LNG since operations began [2] - The company has concluded a Final Investment Decision (FID) for a 20-year redeployment of FLNG Hilli to Southern Energy in Argentina, which is expected to significantly enhance its earnings visibility [2][10] - Golar's financial performance for Q1 2025 shows a net income of $8 million and an Adjusted EBITDA of $41 million, indicating a decline compared to the previous year [7][22] Financial Performance - Q1 2025 net income attributable to Golar was $8 million, a decrease of 85% from $55.2 million in Q1 2024 [22] - Total operating revenues for Q1 2025 were $62.5 million, down 4% from $65.0 million in Q1 2024 [22] - Golar's share of contractual debt increased by 24% year-over-year to $1.495 billion as of March 31, 2025 [22] Operational Developments - FLNG Gimi is in the final stages of commissioning, with the Commercial Operations Date (COD) expected in Q2 2025, which will unlock approximately $3 billion in Adjusted EBITDA backlog for Golar [4][7] - The MKII FLNG conversion project is on schedule for a Q4 2027 delivery, with $0.7 billion already spent on the conversion [8][10] - Golar has signed definitive agreements for a 20-year charter for the MKII FLNG, which, combined with FLNG Hilli, will create one of the largest FLNG development projects globally with a capacity of 5.95 million tons per annum [7][11] Strategic Agreements - The two FLNG agreements with Southern Energy are projected to add $13.7 billion in Adjusted EBITDA backlog over 20 years, with inflationary adjustments and commodity-linked tariff upside [11][12] - Golar's 10% equity stake in SESA provides additional commodity exposure, equating to approximately $28 million in annual exposure for every $1/MMBtu change in achieved FOB prices [13][14] - The charter agreements are subject to strong legal protections under Argentina's Large Investments Incentive Scheme (RIGI), ensuring regulatory stability and security of exports [16][20] Debt and Financing - A $1.2 billion debt facility to refinance FLNG Gimi was signed with a consortium of Chinese leasing companies, expected to generate net proceeds of approximately $530 million for Golar [6] - Golar is exploring alternatives for asset-level financing for MKII FLNG following the secured FID [9] - As of March 31, 2025, Golar's total cash was $678 million, with a net debt position of $817 million after accounting for cash [28][39]

LONDON, May 22, 2025 (GLOBE NEWSWIRE) -- On May 19, 2025, Crown LNG Holdings Limited (the “Company”) (NASDAQ: CGBS), received a letter (the “Letter”) from The NASDAQ Stock Market LLC (“NASDAQ”) indicating that, as a result of not having timely filed its Annual Report on Form 20-F for the period ended December 31, 2024 (the “20-F”) with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of all required financi ...

Core Insights - Flex LNG declared an ordinary dividend of $0.75 per share for the quarter, resulting in a trailing twelve-month yield of 12%, supported by $410 million in cash at the end of Q1 2025 [1] - The company reaffirmed full-year 2025 revenue guidance in the range of $340 million to $360 million [1][8] Financial Performance - The balance sheet optimization program aims to unlock an additional $120 million in free cash, with plans for refinancing ships Flex Resolute and Flex Constellation [2] - At the end of Q1 2025, the company held $410 million in cash and has its first scheduled debt maturity in 2028 [2] - The refinancing initiatives are expected to lower the average cost of capital and extend debt maturities, supporting liquidity [3] Risk Management - Flex LNG increased its interest rate swap portfolio to $700 million notional by the end of Q1 2025, providing 70% hedge coverage over the next 24 months [4] - The company added an additional $150 million in swaps, increasing the total to $850 million at a weighted average rate of approximately 3.5% [5] Contractual Strength - As of May 2025, Flex LNG has a minimum contract backlog of 59 vessel-years, potentially rising to 88 years if charter options are exercised [6][7] - This exceptional contractual coverage provides predictability and cushions earnings against short-term spot rate pressure [7] Future Outlook - Management reaffirmed full-year 2025 revenue guidance of $340 million to $360 million, with debt maturities extended and interest costs reduced [8]