Quarterly ResultJun 18, 2026, 04:17 PM
Golar LNG Q1 Net Income $101.8M; Adjusted EBITDA $105.6M
AI Summary
Golar LNG reported a significant increase in its first quarter 2026 financial results, driven primarily by the commencement of operations for FLNG Gimi. Net income soared to $101.8 million, and Adjusted EBITDA more than doubled to $105.6 million. The company also announced a $0.25 per share dividend and completed the sale of its LOGAS and Gaslin shareholdings.
Key Highlights
- Net income surged to $101.8 million for Q1 2026, up from $12.9 million in Q1 2025.
- Adjusted EBITDA increased to $105.6 million in Q1 2026, compared to $40.9 million in Q1 2025.
- Total operating revenues reached $137.6 million for Q1 2026, up from $62.5 million in Q1 2025.
- FLNG Gimi's sales-type lease revenue contributed $50.0 million in Q1 2026, following its COD in June 2025.
- Declared a dividend of $0.25 per share for Q1 2026, paid on June 10, 2026.
- Completed the sale of 58% shareholding in LOGAS for approximately $10.5 million in April 2026.
- Shareholders re-elected directors and approved auditor re-appointment at the Annual General Meeting on May 20, 2026.
- Contributed $12.4 million to SESA and $0.9 million to San Matías Pipeline S.A. in April/May 2026.
Price Impact
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