Golar LNG stock | 2026 earnings growth & current analysis

Golar LNG

NasdaqGS:GLNG

$ 54,06

+ $0,97 (1,83%)

54,06 $

+$0,97 (1,83%)

End-of-day quote: 03/26/2026

Golar LNG Stock Value

Analysts currently rate Golar LNG as Buy.

Buy

Golar LNG Company Info

EPS Growth 5Y

31,08%

Market Cap

$5,54 B

Long-Term Debt

$2,46 B

Quarterly earnings

05/21/2026 (E)

Dividend

$1,02

Dividend Yield

1,88%

Founded

1946

Industry

Energy

Country

Bermuda

Website

Golar LNG

ISIN Number

BMG9456A1009

Website

http://www.golarlng.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$53,00

-1.96%

Last Update: 03/26/2026

Analysts: 8

Highest Price Target $58,00

Average Price Target $53,00

Lowest Price Target $44,50

In the last five quarters, Golar LNG’s Price Target has risen from $26,39 to $30,19 - a 14,40% increase. Four analysts predict that Golar LNG’s share price will fall in the coming year, reaching $53,00. This would represent a decrease of -1,96%.

Top growth stocks in the energy sector (5Y.)

What does Golar LNG do?

Golar LNG Limited designs, converts, owns and operates marine infrastructure for the liquefaction of natural gas. The company’s operations have evolved from liquefied natural gas (‘LNG’) shipping, floating regasification, floating liquefaction, and combined cycle gas-fired power to a focus on floating liquefaction operations. The company’s pioneering infrastructure solutions provide safe, competitive, and sustainable ways of liquefying gas across the world. Asset Divestments Avenir: In Januar...

Golar LNG Limited designs, converts, owns and operates marine infrastructure for the liquefaction of natural gas.

The company’s operations have evolved from liquefied natural gas (‘LNG’) shipping, floating regasification, floating liquefaction, and combined cycle gas-fired power to a focus on floating liquefaction operations. The company’s pioneering infrastructure solutions provide safe, competitive, and sustainable ways of liquefying gas across the world.

Asset Divestments

Avenir: In January 2025, the company sold its equity method investment in Avenir.

Golar Arctic: In March 2025, the company completed the sale of its last LNG carrier.

Floating Liquefaction Natural Gas Vessel (‘FLNG’) Expansion and Developments

FLNG Hilli: In December 2024, the company acquired the remaining non-controlling interests in FLNG Hilli. Following the acquisition, the company attained full ownership and 100% of the financial results of FLNG Hilli. In 2024, the company also entered into definitive agreements with SESA for a 20-year deployment of FLNG Hilli offshore Argentina.

Strategy

The company’s strategy is to provide market-leading FLNG operations and focus its balance sheet flexibility to maximize shareholder returns through accretive FLNG projects.

The company offers gas resource holders a proven, quick, and low-cost solution to monetize stranded gas reserves. The company’s industry-leading FLNG operational track record and FLNG growth prospects allow gas resource holders, developers, and customers a low-cost, low-risk, quick-delivering solution for natural gas liquefaction.

As of March 17, 2025, the company’s fleet consists of two FLNGs on the water (FLNG Hilli and the FLNG Gimi) and one FLNG in conversion (Fuji LNG).

Segments

During 2024, the company reported its financial results under three reportable segments: FLNG, Corporate and Other, and Shipping.

FLNG: This segment includes the company’s operation of FLNG vessels or projects. The company converts LNG carriers into FLNG vessels or builds new FLNG vessels and subsequently contracts them to third parties. The company currently has one operational FLNG, the FLNG Hilli, one FLNG moored at the GTA field offshore Mauritania and Senegal, the FLNG Gimi, which is undergoing commissioning activities, and one FLNG undergoing early stages of conversion, the MKII FLNG.

Corporate and Other: This segment includes the company’s vessel management, including floating storage and regasification unit (‘FSRU’) services for third parties, as well as administrative services to affiliates and third parties.

Shipping: This segment includes the company’s LNG carrier transportation operations.

FLNG Hilli

The FLNG Hilli conversion was completed in the shipyard in 2017 and commenced operations in 2018 following its successful commissioning. Pursuant to the LTA, FLNG Hilli's contracted liquefaction capacity is 1.2 million tonnes per annum (‘mtpa’). In 2021, the company entered into the third amendment to the LTA (‘LTA Amendment 3’) with the Customer, which included a 0.2 mtpa capacity increase for contract year 2022, and an option to use additional capacity of up to 0.4 mtpa for contract year 2023 through to the end of the LTA term (of which the Customer opted to use 0.2 mtpa), resulting in an increase in the utilization of FLNG Hilli to 1.4 mtpa from January 2022 until the end of the LTA in July 2026. As of March 17, 2025, FLNG Hilli has offloaded a total of 129 LNG cargoes and produced around 9.0 million tonnes of LNG since the start of operations.

In 2024, the company also entered into definitive agreements with Southern Energy S.A. (‘SESA’), subject to the successful completion of conditions precedent, for a 20-year deployment of FLNG Hilli offshore Argentina. The project receives gas from the Vaca Muerta shale deposit in the Neuquén Basin, the world’s second-largest shale gas formation. The deployment expects to utilize 90% of the nameplate capacity of 2.45 mtpa, equivalent to 2.2 mtpa, or a 36% capacity utilization increase from its current contract.

FLNG Gimi

In 2019, Gimi MS Corporation (‘Gimi MS’) and the company’s subsidiary Golar MS Operator S.A.R.L entered into a LOA in connection with the employment of the FLNG Gimi as part of the first phase of bp’s GTA Project situated off the coast of Mauritania and Senegal. FLNG Gimi is designed to produce approximately 2.7 mtpa, with the total gas resources in the field estimated to be around 15 trillion cubic feet.

The LOA provides for the construction and conversion of the Gimi to an FLNG, transit, mooring, and connection to bp’s project infrastructure, commissioning with bp’s upstream facilities, including its FPSO, completing specified acceptance tests, followed by commercial operations (‘COD’). Following COD, the company will operate and maintain FLNG Gimi and make its capacity exclusively available for the liquefaction of natural gas from the GTA Project and offloading of LNG produced for a period of twenty years.

From March 2023 to January 2024, Golar paid bp $110 million in liquidated damages linked to project delays. The liquidated damages amount will be deferred on the balance sheet. In August 2024, the company entered into an agreement to resolve the Settlement Deed with bp. The Settlement Deed waives specified amounts payable and receivable between bp and Gimi MS and serves as a full and final settlement of the previously announced arbitration proceedings regarding Project Delay Payments. In parallel, an amendment was signed to align both parties towards achieving COD for the GTA Project (the ‘Amendment Deed’).

Since October 2024, FLNG Gimi has been undergoing commissioning, and in January 2025, received first gas. The rest of the commissioning activities are expected to be completed within the second quarter of 2025. Pre-COD contractual cash flows are considered prepayments pursuant to the lease and operate agreement (the ‘LOA’), which contains a lease.

MKII FLNG

In 2022, the company’s board of directors approved capital expenditure for key long-lead items and a donor vessel for a future 3.5 mtpa MKII FLNG conversion project. Orders for these long-lead items were placed in 2022, and in 2023, the company exercised its option to acquire an LNG carrier, the Fuji LNG, that had been identified as a suitable conversion donor vessel. In September 2024, the company signed the EPC agreement with CIMC for the conversion of Fuji LNG into its first 3.5 mtpa MKII FLNG.

In January 2025, Fuji LNG discharged its final cargo as an LNG carrier and entered CIMC’s shipyard in China for conversion in February 2025. The MKII FLNG is expected to be delivered in 2027 and be the first available FLNG capacity globally.

Future FLNG Projects

The company actively works to develop FLNG projects around the globe. The company targets FLNG developments that access attractive stranded, associated, or flare gas reserves that can be developed at a competitive cost of production. The company seeks tariffs where it combines a base tariff with a commodity-exposed tariff element, aligning all the FLNG project stakeholders.

The company has developed three FLNG designs, as follows:

Mark I: The FLNG Hilli and FLNG Gimi are both Mark I FLNGs. Mark I has a nameplate capacity of up to 2.7 mtpa and is based on the conversion of a Moss-type LNG carrier. Sponsons that create the necessary deck space to house the liquefaction and gas processing topside equipment must first be built and added to either side of the LNG carrier before the topside equipment can be installed. To date, the company has been successful in executing its Mark I program together with its contractors, Seatrium and Black & Veatch, who delivered both FLNG Hilli and FLNG Gimi.

Mark II: This FLNG design has a nameplate capacity of up to 3.5 mtpa and is also based on the conversion of a Moss-type LNG carrier. The Mark II design involves the construction of a new mid-ship section containing the liquefaction equipment. The higher nameplate capacity is possible because the mid-ship addition utilizes larger LNG liquefaction trains and allows for a more efficient configuration of the liquefaction equipment. This modularized approach to the conversion reduces the time required for conversion, delivery, and commissioning of the Mark II design compared to its other two FLNG designs. This approach also increases the number of shipyards and fabricators that are capable of executing the conversion. This competition between contractors can reduce the construction cost per ton of capacity delivered, increase the number of yard slots available, and help the company secure more attractive payment terms, financing solutions, and other benefits.

Mark III: Targeting large field developments and representing a competitive alternative to land-based LNG projects, this FLNG design has a larger nameplate capacity of up to 5.0 mtpa, more storage than the Mark I or Mark II designs, and is a newbuild hull that does not involve the conversion of an existing Moss-type LNG carrier. The company expects construction, delivery, and commissioning of a Mark III FLNG to take around four years.

Other Investment

Macaw Energies: Macaw Energies, the company’s wholly owned subsidiary, is committed to environmental innovation through its development of the land-based small-scale pilot flare to LNG (or ‘F2X’) technology. This pioneering solution captures flare gas, a prevalent byproduct of oil and gas operations, and converts it into LIQUIDFLARE, offering a sustainable, low-carbon alternative to traditional fuels.

Looking ahead to 2025, Macaw Energies plans to initiate a scale-up to enhance its decarbonization impact. This includes leveraging the F2X technology for methane venting, stranded gases, and biogases, enhancing efficiency and promoting broader adoption across the energy sector.

Environmental and Other Regulations

The company’s operations in Mauritania and Senegal are governed by various government bodies, primarily the Ministry of Environment and Sustainable Development in Mauritania and Senegal, and the Department of Environment and Classified Establishments in Senegal.

The company’s operations in Brazil are governed by various environmental laws and regulations, including the Brazilian Institute for the Environment and Renewable Natural Resources, the National Environmental Council, and state environmental agencies. These agencies regulate environmental licensing for activities that could cause significant environmental impact, water use permitting, and quality standards for air, water, and soil. Brazil is also a signatory to the Paris Agreement and the UN Framework Convention on Climate Change (‘UNFCCC’).

The company’s activities in the shipping industry are governed by international regulations set forth by the International Maritime Organization (‘IMO’).

In U.S. waters, the company is subject to various federal, state, and local laws and regulations relating to the protection of the environment, including the Oil Pollution Act, Comprehensive Environmental Response, Compensation, and Liability Act, the Clean Water Act, and the Clean Air Act.

History

Golar LNG Limited was founded in 1946. The company was incorporated as an exempted company under the Bermuda Companies Act of 1981 in the Islands of Bermuda in 2001.

Golar LNG Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** 1. Liquefied Natural Gas (LNG) Infrastructure 2. LNG Shipping Transport 3. LNG Liquefaction and Regasification **TOP 3 Markets:** 1. **Asia:** approx. 40% 2. **Europe:** approx. 35% 3. **North America:** approx. 15% Golar LNG Limited mainly generates its revenues from provid...

At which locations are the company’s products manufactured?

**Production Sites:** Offshore and Floating Facilities Golar LNG Limited specializes in providing infrastructure for the liquefaction, storage, and transportation of liquefied natural gas (LNG). The company mainly operates floating LNG production and storage units, known as FLNG (Floating Liquefied...

What strategy does Golar LNG pursue for future growth?

**Current Dividend Yield:** 3.5% (2025) **Current Market Capitalization:** 2.8 billion USD (2025) Golar LNG Limited is pursuing a growth strategy focused on optimizing and expanding its fleet of liquefied natural gas (LNG) infrastructure. The company is investing in expanding its Floating LNG (...

Which raw materials are imported and from which countries?

**Main Commodities:** Liquefied Natural Gas (LNG) **Countries of Origin:** Qatar, Australia, USA, Russia Golar LNG Limited is a company specializing in the transportation and conversion of Liquefied Natural Gas (LNG). The main commodity that Golar LNG works with is Liquefied Natural Gas. This is i...

How strong is the company’s competitive advantage?

**Competitive Advantage:** Moderate to Strong (2025) Golar LNG Limited has established itself as a significant player in the LNG industry, particularly through its specialization in floating LNG production units (FLNG) and LNG carriers. The company's competitive advantage stems from several fa...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 85% (estimated, based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (estimated, based on typical reports) The institutional investor share in Golar LNG Limited is traditionally high, indicating the trust of...

What percentage market share does Golar LNG have?

**Market share of Golar LNG Limited:** Estimated 5-7% (2025, based on industry analysis) **Major competitors and their market shares:** 1. **Teekay LNG Partners L.P.:** Estimated 10-12% (2025) 2. **GasLog Ltd.:** Estimated 8-10% (2025) 3. **Hoegh LNG Holdings Ltd.:** Estimated 6-8% (2025) 4. **Dyna...

Is Golar LNG stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **EBITDA Margin:** 65% (2024) **Leverage Ratio:** 0.8 (2024) Golar LNG Limited achieved a revenue growth of 8.5% in 2024, attributed to strong demand in the LNG sector and strategic partnerships. The EBITDA margin of 65% demonstrates high profitability and efficiency...

Does Golar LNG pay a dividend – and how reliable is the payout?

**Dividend payment:** No dividend (2025) Golar LNG Limited has not paid any dividends in recent years. The company has focused on investing its financial resources in growth and expansion, particularly in the areas of liquefied natural gas (LNG) infrastructure and ship projects. The reliability of...

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Golar LNG Stock Value

Golar LNG Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Golar LNG do?

Golar LNG Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Golar LNG Stock Value

Golar LNG Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Golar LNG do?

Golar LNG Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.