Overview

* Golar Q2 2025 adjusted EBITDA of $49 mln missed analyst expectations, per LSEG data

* Company added $13.7 bln in adjusted EBITDA backlog from FLNG charters

* Golar closed $575 mln convertible senior notes due 2030 offering, repurchased 2.5 mln shares

Outlook

* Golar expects MKII FLNG delivery in Q4 2027

* Company expects regulatory approvals for MKII FLNG within 2025

Result Drivers

* FLNG CHARTERS - Golar added $13.7 bln in adjusted EBITDA backlog from two 20-year FLNG charters with Southern Energy S.A. in Argentina

* COMMODITY UPSIDE - Potential commodity upside of $100 mln per year for every US dollar of offtake above $8/MMBtu

* GIMI OPERATIONS - FLNG Gimi reached Commercial Operations Date, commencing 20-year lease with BP

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $75.67

Operatin mln

g

Revenue

Q2 Net $30.78

Income mln

Q2 Miss $49.26 $50 mln

Adjusted mln (4

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil & gas transportation services peer group is "buy"

* Wall Street's median 12-month price target for Golar LNG Ltd ( GLNG ) is $50.50, about 20.4% above its August 13 closing price of $40.19

* The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)