Golar LNG Q4 revenue more than doubles as FLNG Hilli, FLNG Gimi exceeded production targets

Golar LNG

25/02/2026 11:33

Overview

LNG infrastructure firm's Q4 operating revenue rose 101% yr/yr

Adjusted EBITDA for Q4 beat analyst expectations

Company repurchased and cancelled 1.1 mln shares under buyback program

Outlook

Golar plans to order a fourth FLNG unit once commercial terms mature

Company expects FLNG Gimi production to exceed contracted volumes annually

MKII FLNG conversion on schedule, deployment expected in 2028

Result Drivers

FLNG PRODUCTION - FLNG Hilli and FLNG Gimi exceeded production targets, contributing to increased earnings

COST MANAGEMENT - Reduced administrative and project-related costs supported Q4 earnings

MKII FLNG CONTRACT - Completion of conditions for 20-year contract with SESA in Argentina

Company press release: ID:nGNE106tgK

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Operating Revenue
$132.81 mln
Q4 Net Income
$10.36 mln
Q4 Adjusted EBITDA
Beat
$91.004 mln
$81.79 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Golar LNG Ltd is $51.00, about 13.7% above its February 24 closing price of $44.87

The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 47 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)