Golar LNG Limited Q1 2026 Earnings Release
Golar LNG Limited reported strong Q1 2026 financial and operational results. Net income attributable to Golar was $83.6 million, a significant increase from $8.2 million in Q1 2025, driven by a 120% rise in total operating revenues to $137.6 million. Adjusted EBITDA also saw a substantial jump to $105.6 million, up from $40.9 million year-over-year. The company highlighted operational achievements including the 150th cargo offloaded by FLNG Hilli and FLNG Gimi exceeding its contractual committed volume. Key developments include an 8-year LNG supply agreement with SEFE and the initiation of a strategic review to explore alternatives for maximizing shareholder value. Golar also announced a dividend of $0.25 per share. The company is progressing with its MKII FLNG conversion and is reserving long-lead items for a fourth FLNG unit.