Golar LNG (US:GLNG)2021-11-09 15:34Financial Performance - Golar LNG's Q3 2021 total operating revenues increased by 13% year-over-year to $107 million[6,8] - Adjusted EBITDA increased by 30% year-over-year to $74 million[6,8] - Shipping TCE increased by 26% year-over-year to $49500[5,8] FLNG Hilli - FLNG Hilli achieved 100% uptime[5] - Meaningful earnings upside tied to Brent of around $13 million in Q4 21[13] - Agreed to increase 2022 production by 200000 tons[13] FLNG Gimi - FLNG Gimi construction is 75% technically complete[5,19] - FLNG Gimi annual Adjusted EBITDA is projected at $215 million (100% basis)[19] - FLNG Gimi Adjusted EBITDA backlog is $43 billion[19] Shipping - A 12-month charter was agreed at $100000 per day, increasing revenue backlog to $267 million[5] - Q4 2021 TCE is expected to be approximately $53500 per day based on current rates[29] Financing and Debt - Secured up to $682 million of new financing and refinancing facilities[6] - Total Golar cash balance in Q3 2021 was $203 million[6] - Golar's contractual debt decreased by 11% year-over-year[8]