Golar LNG Limited ( (GLNG) ) has released its Q3 earnings. Here is a breakdown of the information Golar LNG Limited presented to its investors.
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Golar LNG Limited is a company specializing in the operation of floating liquefied natural gas (FLNG) vessels, providing innovative solutions for natural gas liquefaction in the energy sector. The company is recognized for its unique FLNG services, which enable the monetization of stranded and associated gas reserves.
In its latest earnings report for the third quarter of 2025, Golar LNG Limited announced a net income attributable to the company of $31 million, with an Adjusted EBITDA of $83 million. The company also reported a total cash position of $661 million, prior to the proceeds from a recent bond offering. Key highlights include entering the U.S. rated bond market with a $500 million offering and the repayment of $190 million in maturing bonds.
Golar LNG’s strategic advancements include securing a 20-year charter for its MKII FLNG unit with Southern Energy S.A., contributing to a substantial $8 billion Adjusted EBITDA backlog. The company is also focused on the next FLNG unit, with all existing FLNG assets under long-term contracts. Additionally, Golar has approved a $150 million share buyback program and declared a dividend of $0.25 per share.
Looking ahead, Golar LNG Limited is poised to capitalize on its strong commercial pipeline and the growing demand for FLNG solutions. The company remains committed to expanding its FLNG fleet while maintaining a robust financial position, as evidenced by its strategic initiatives and financial performance in the recent quarter.