NASDAQ$GLNG
Golar LNG Ltd · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Golar LNG reported modest profitability in Q1 2025 amid strong FLNG chartering activity and strategic project developments.
Golar LNG delivered $62.5 million in revenue and $8.2 million in net income for Q1 2025. The company benefited from new long-term FLNG charters and made progress on major infrastructure projects, despite a decline in adjusted EBITDA and net income compared to last year.
- Signed 20-year charters for FLNG Hilli and MKII FLNG with SESA, securing a $13.7 billion Adjusted EBITDA backlog.
- FLNG Gimi completed commissioning and offloaded its first LNG cargo, with COD expected in Q2 2025.
- Net income attributable to Golar was $8.2 million, with total operating revenue of $62.5 million.
- Declared a $0.25 per share dividend and completed exit from LNG shipping segment.
Headline financials
Revenue & EPS history
Golar LNG · Revenue · Quarterly
$62.5M
Forward guidance
Golar expects significant long-term earnings growth from its newly chartered FLNG units and progress on its asset conversion projects.
Tailwinds
- FLNG Gimi expected to reach COD in Q2 2025, unlocking $3 billion in EBITDA backlog.
- Charter agreements for Hilli and MKII FLNG forecasted to generate $685M in annual EBITDA.
- MKII FLNG conversion progressing on schedule for Q4 2027 delivery.
- $1.2B refinancing facility secured for FLNG Gimi with expected $371M in net proceeds.
- Regulatory and export licenses secured for Argentinian projects offer strong legal protections.
Headwinds
- Adjusted EBITDA declined 36% YoY and 31% QoQ.
- Net income dropped significantly YoY due to non-cash derivative losses.
- Commodity-linked derivative positions recorded $25M in unrealized losses.
- Macro risks remain due to geopolitical tensions and economic volatility.
- MKII FLNG charter subject to FID and regulatory approvals not yet completed.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+0.0%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+1.7%
Avg return
30 days after
56%
34 / 61 earnings
Positive
+13.1%
Q4 2013
Best reaction
-24.8%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -3.9% | +2.8% | +22.6% | |
| Q2 2025 | +0.4% | +2.6% | +1.2% | |
| Q1 2025 | +3.7% | +9.1% | +10.4% | |
| Q4 2024 | -0.1% | -6.2% | -1.5% | |
| Q3 2024 | +2.0% | +3.4% | -2.2% | |
| Q1 2024 | -5.5% | -2.2% | +15.3% | |
| Q4 2023 | -2.0% | -1.1% | +13.4% | |
| Q3 2023 | -2.7% | -2.3% | +4.7% | |
| Q2 2023 | -8.5% | -8.5% | -7.7% | |
| Q1 2023 | -8.1% | -2.9% | -10.9% | |
| Q4 2022 | +0.5% | +1.6% | -5.2% | |
| Q3 2022 | -4.8% | -4.6% | -12.2% | |
| Q2 2022 | +11.9% | +17.0% | +17.4% | |
| Q1 2022 | +2.8% | +2.3% | -8.8% | |
| Q4 2021 | +6.1% | +9.8% | +52.7% | |
| Q3 2021 | -6.2% | -4.5% | -15.6% | |
| Q2 2021 | -4.0% | -4.0% | +1.7% | |
| Q1 2021 | +1.4% | -0.9% | +10.6% | |
| Q4 2020 | -0.1% | -1.7% | -2.9% | |
| Q3 2020 | -12.7% | -6.1% | -4.2% | |
| Q2 2020 | +4.0% | +4.6% | +19.6% | |
| Q1 2020 | +3.5% | +8.2% | -10.4% | |
| Q4 2019 | +5.9% | +16.0% | -27.1% | |
| Q3 2019 | +4.0% | +4.9% | +13.6% | |
| Q2 2019 | -12.7% | -16.5% | -1.2% | |
| Q1 2019 | +4.8% | +0.9% | -13.2% | |
| Q4 2018 | -5.1% | -1.0% | -3.1% | |
| Q3 2018 | +3.6% | -1.2% | -7.9% | |
| Q2 2018 | +2.5% | +5.2% | +12.4% | |
| Q1 2018 | -24.8% | -20.8% | -15.1% | |
| Q4 2017 | -1.2% | +3.9% | +0.3% | |
| Q3 2017 | -4.4% | -4.8% | +18.0% | |
| Q2 2017 | +2.3% | +0.3% | +7.8% | |
| Q1 2017 | -6.6% | -10.7% | -11.8% | |
| Q4 2016 | +4.7% | +3.3% | +5.1% | |
| Q3 2016 | +7.8% | +10.2% | +5.4% | |
| Q2 2016 | +0.5% | +6.7% | +4.7% | |
| Q1 2016 | -5.0% | -8.6% | -11.9% | |
| Q4 2015 | +9.0% | — | — | |
| Q2 2015 | +9.7% | — | — | |
| Q1 2015 | +4.7% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | -20.5% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +5.9% | — | — | |
| Q4 2013 | +13.1% | — | — | |
| Q3 2013 | -0.4% | — | — | |
| Q2 2013 | -3.1% | — | — | |
| Q4 2012 | -1.1% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q3 2012 | +3.0% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q1 2012 | +3.4% | — | — | |
| Q3 2011 | +6.5% | — | — | |
| Q2 2011 | +6.5% | — | — | |
| Q1 2011 | +8.3% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q1 2010 | +2.0% | — | — |
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