GLNG Acquires Vessel for Fourth FLNG Project, Targeting 2029 Delivery
Golar's Grace Dahlia acquisition advances its fourth FLNG project, promising 20% greater storage capacity and enhanced flexibility for future LNG customers.
Golar's Grace Dahlia acquisition advances its fourth FLNG project, promising 20% greater storage capacity and enhanced flexibility for future LNG customers.
Golar LNG Limited (NASDAQ: GLNG) (“Golar” or “the Company”) announces today that it has agreed to acquire the LNG carrier Grace Dahlia from NYK Line. The Grace Dahlia was built in 2013 and has been maintained and managed to the highest operational standards by NYK Line.
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Hamilton, Bermuda, September 24, 2026 — Golar LNG Limited (the “Company”) (Nasdaq: GLNG) today announced the pricing of a private offering (the “Offering”) of $500 million in aggregate principal amount of unsecured senior notes due 2031 (the “Notes”). The Notes will bear interest at a rate of 7.5% per year and will mature on December 15, 2031. The Notes will be issued at 99% of their principal amount and will be senior unsecured obligations of the Company.
Hamilton, Bermuda, September 21, 2026 — Golar LNG Limited (the “Company”) (Nasdaq: GLNG), has mandated a syndicate of banks to arrange a series of fixed income investor meetings commencing Monday, September 21. An offering of USD 144A/Reg S denominated benchmark senior unsecured notes (the “Notes”) may follow, subject to market conditions.
Shares of Golar LNG Limited (NASDAQ: GLNG - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy
Golar LNG is upgraded to Buy following the order of its fourth FLNG, signaling renewed growth prospects. GLNG's fleet expansion, strong financial position, and management's disciplined approach underpin a fair value estimate of $75 per share, implying 45% upside. Management targets up to seven FLNG units, with each new contract potentially boosting earnings and valuation significantly.
Q2 adjusted EBITDA reached $127.4 million, reinforcing evidence that Golar's FLNG strategy is translating into stronger reported earnings. The fourth FLNG unit expands future capacity by roughly 41% and strengthens Golar's long-term growth optionality beyond the existing contracted backlog. Hilli's 20-year Argentina contract adds substantial long-duration earnings visibility, while Gimi's full contribution supports the current EBITDA run rate.
Golar LNG Limited (NASDAQ: GLNG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on
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GLNG's second-quarter 2026 earnings and revenues improve year over year.
Golar LNG Limited (GLNG) Q2 2026 Earnings Call Transcript
Golar LNG NASDAQ: GLNG reported higher second-quarter earnings as its floating liquefied natural gas fleet continued to perform above contracted levels, while the company announced a firm order for a fourth FLNG conversion unit expected to be available in 2029.
Golar LNG (GLNG) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.26 per share a year ago.
Second Quarter financial summary (in thousands of $) Q2 2026 Q2 2025 % Change YTD 2026 YTD 2025 % Change Net income attributable to Golar LNG Ltd 38,265 15,639 145% 121,843 23,836 411% Total operating revenues 130,479 75,673 72% 268,033 138,175 94% Adjusted EBITDA 1 127,365 49,255 159% 232,941 90,191 158% Golar's share of contractual debt 1 2,681,568 2,048,873 31% 2,681,568 2,048,873 31% Recent highlights Golar LNG Limited (“Golar” or “the Company”) reports Q2 2026 net income attributable to Golar of $38 million inclusive of $29 million of non-cash items1, Adjusted EBITDA1 of $127 million and Total Golar Cash1 of $908 million, before the recently announced Revolving Credit Facility (“RCF”). Final Investment Decision for 4th FLNG: Signed an Engineering, Procurement and Construction (“EPC”) contract with Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”) for a 3.5 MTPA MKII unit with a fully delivered cost of approximately $2.45 billion and improved payment terms compared to the FLNG Esperanza.
Golar LNG Limited (NASDAQ: GLNG) (“Golar” or the “Company”) announces today that it has executed an Engineering, Procurement and Construction (“EPC”) agreement with Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”) for its fourth FLNG and second MKII design Floating LNG Production (“FLNG”) vessel with an annual liquefaction capacity of 3.5 Million Tons of LNG Per Annum (“MTPA”). The 4th FLNG conversion project has a total budget of approximately US$2.45 billion delivered to its prospective site. Golar's 4th FLNG is expected to be delivered from the shipyard by year end 2029 and will be the earliest available FLNG capacity globally. The attractive delivery is possible due to Golar's long standing relationships with equipment suppliers and commitments made during the year to secure attractive delivery slots for long lead items. A donor vessel for the conversion project has been secured.
Golar LNG Limited (“Golar”) is pleased to announce successful closing of a new $600 million senior secured Revolving Credit Facility (“RCF”). The RCF further strengthens Golar's balance sheet flexibility and facilitates for further FLNG growth.
Golar LNG earns a reiterated buy rating as its FLNG execution shifts from vision to reality, with Gimi operational and Hilli and MKII progressing. GLNG's contracted EBITDA backlog stands at ~$17 billion, with the current asset base targeting over $800 million in annual run-rate adj. EBITDA before commodity upside. Argentina's eight-year SEFE offtake deal derisks part of the story, but full commercialization of remaining 4 mtpa volumes and project execution remain key risks.
Golar LNG's 2nd Quarter 2026 results will be released before the market opens on Thursday, August 13, 2026. In connection with this a webcast presentation will be held at 08:00am Eastern Time (1:00pm London Time) on Thursday August 13, 2026.
Golar LNG (GLNG) reported earnings 30 days ago. What's next for the stock?