GOLAR LNG (GLNG) Company Report

Golar LNG Limited has successfully closed and drawn a new $1.2 billion asset-backed debt facility for the refinancing of FLNG Gimi.
This new facility replaces an existing bank facility with an outstanding amount of $627 million as of Q3 2025.
The debt facility has a 7-year tenor, a 16-year amortization profile, and incurs interest at SOFR plus a margin of 2.50% p.a..
Golar's 70% share of the net liquidity released from this refinancing amounts to approximately $400 million.

Nov 25, 2025, 1:36 PM

6-K

Golar LNG Reports Q3 2025 Financial Results and Strategic Developments

GLNG

Earnings

Debt Issuance

New Projects/Investments

For the nine months ended September 30, 2025, Golar LNG reported total operating revenues of $260.710 million and net income of $89.428 million, compared to $194.455 million and $65.756 million respectively for the same period in 2024. Adjusted EBITDA for the period was $173.611 million.
The company issued $500 million in senior unsecured notes in October 2025, with net proceeds of $491.0 million used partly to repay $189.7 million of maturing bonds, and entered into a $1.2 billion refinancing agreement for the FLNG Gimi debt facility in November 2025.
A new $150 million share buyback program was approved in November 2025, with $9.7 million already used, and a dividend of $0.25 per share was declared for the third quarter of 2025.
Golar LNG secured a 20-year charter for the MKII FLNG in October 2025, with operations expected to commence in 2028 and a fixed annual charter hire of $400 million. The FLNG Gimi also achieved its Commercial Operations Date in June 2025, and the company completed its exit from shipping operations in Q1 2025.

Nov 13, 2025, 12:20 PM

6-K

Golar LNG Reports Q3 2025 Results, Secures MKII FLNG Charter, and Announces Shareholder Returns

GLNG

Earnings

New Projects/Investments

Share Buyback

Golar LNG reported $123 million in total operating revenues, $83 million in Adjusted EBITDA, and $46 million in net income for Q3 2025.
The company reached Final Investment Decision (FID) in August 2025 for a 20-year charter of the MKII FLNG with SESA, with all conditions precedent completed in October 2025, adding an $8 billion Adjusted EBITDA backlog. This contributes to a total Adjusted EBITDA backlog of approximately $17 billion.
Golar LNG approved the order of long lead items for a 4th FLNG unit in Q4 2025, signaling continued growth initiatives.
The company declared a $0.25 per share dividend payable in November 2025 and approved a new $150 million share buyback program on November 4, 2025. Additionally, it issued $500 million in senior unsecured notes in October 2025.

Nov 5, 2025, 1:00 PM

Presentation

Golar Reports Q3 2025 Results, Secures Mark II Charter, and Announces New Share Buyback Program

GLNG

Earnings

New Projects/Investments

Share Buyback

Golar reported $123 million in total operating revenues, $83 million in adjusted EBITDA, and a net income of $46 million for Q3 2025.
The company achieved final FID and fulfilled all conditions for the Mark II's 20-year charter in Argentina, increasing the total EBITDA backlog to $17 billion before commodity upside and inflationary adjustments.
Golar is on track to order its fourth FLNG unit and anticipates EBITDA to quadruple by 2028 when all three FLNG units are fully operational. A new $1.2 billion bank refinancing facility for GIMI is expected to close in Q4 2025, releasing over $400 million in net proceeds.
A dividend of $0.25 per share was declared, and the board approved a new $150 million share buyback program.

Nov 5, 2025, 1:00 PM

Transcript

Golar LNG Reports Q3 2025 Results and Strategic Updates

GLNG

Earnings

Debt Issuance

Share Buyback

Golar LNG reported Q3 2025 net income attributable to Golar of $31 million and Adjusted EBITDA of $83 million.
The company entered the U.S. rated bond market with $500 million of 5-year 7.5% senior unsecured notes on October 2, 2025, and repaid $190 million of 2021 Unsecured Bonds on October 20, 2025.
Golar's existing FLNG fleet has secured 20-year charter agreements, resulting in a combined Adjusted EBITDA backlog of $17 billion (Golar's share), with the MKII FLNG charter adding an additional $8 billion.
A new $150 million share buyback program was approved, and a dividend of $0.25 per share was declared for the quarter.

Nov 5, 2025, 12:47 PM

6-K

Golar LNG Limited Declares Q3 2025 Dividend

GLNG

Dividends

Golar LNG Limited has declared a cash dividend of $0.25 per share.
The dividend's record date is November 17, 2025, with payment scheduled for on or about November 24, 2025.
For shares registered in Norway's central securities depository (VPS), the payment date will be on or about November 26, 2025, due to the implementation of the Central Securities Depository Regulation (CSDR).

Nov 5, 2025, 12:46 PM

6-K

Golar LNG Limited Reports Q3 2025 Results and Strategic Updates

GLNG

Earnings

Debt Issuance

Share Buyback

Golar LNG Limited reported Q3 2025 net income attributable to Golar of $31 million and Adjusted EBITDA of $83 million.
The company secured a Final Investment Decision for a 20-year MKII FLNG charter to Southern Energy S.A. (SESA), confirming $8 billion of Adjusted EBITDA backlog, contributing to a combined Adjusted EBITDA backlog of $17 billion for its existing FLNG fleet.
In October 2025, Golar entered the U.S. bond market with $500 million of 5-year 7.5% senior unsecured notes and subsequently repaid $190 million of outstanding principal balance on 2021 Unsecured Bonds.
The board approved a new $150 million share buyback program and declared a Q3 2025 dividend of $0.25 per share.

Nov 5, 2025, 11:49 AM

Press Release

Golar LNG Announces Pricing of Senior Notes Offering

GLNG

Debt Issuance

Golar LNG Limited announced the pricing of a private offering of $500 million in aggregate principal amount of unsecured senior notes.
The notes will bear interest at a rate of 7.500% per year and will mature on October 2, 2030.
The notes will be issued at par and are expected to settle on October 2, 2025.

Sep 25, 2025, 7:05 PM

6-K

Golar LNG Limited Announces Fixed Income Investor Meetings and Potential Senior Unsecured Notes Offering

GLNG

Debt Issuance

Golar LNG Limited (GLNG) commenced fixed income investor meetings on September 22, 2025.
An offering of USD 144A/Reg S denominated benchmark 5NC2 senior unsecured notes may follow these meetings, contingent on market conditions.
The potential notes offering is intended for qualified institutional buyers in the U.S. and non-U.S. persons in offshore transactions, and is not available to retail investors in the European Economic Area or the UK.

Sep 22, 2025, 10:05 AM

6-K

Golar LNG Closes Convertible Notes Offering and Share Repurchase

GLNG

Debt Issuance

Share Buyback

New Projects/Investments

Golar LNG Limited closed an offering of $575 million aggregate principal amount of 2.75% Convertible Senior Notes due December 15, 2030.
The initial conversion price for the Notes is approximately $57.53 per common share, representing an initial conversion premium of approximately 40% over the June 25, 2025 closing price of $41.09.
A portion of the net proceeds was used to repurchase 2.5 million common shares, reducing the total outstanding share count to 102.3 million shares.
The remaining net proceeds will be used for general corporate purposes, including future growth investments such as a contemplated fourth FLNG unit, MKII FLNG conversion costs, and FLNG Hilli redeployment costs.

Jul 1, 2025, 12:00 AM

6-K

Earnings Transcripts

Quarterly earnings call transcripts for GOLAR LNG.

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