Market Overview

Golar LNG: Q2 Earnings Insights

Share:

Shares of Golar LNG (NASDAQ:GLNG) fell 0.1% in pre-market tradingafter the company reported Q2 results.

Quarterly Results

Earnings per share decreased 43.24% over the past year to ($1.59).

Revenue of $102,242,000 higher by 5.68% from the same period last year, which beat the estimate of $90,050,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Golar LNG hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Aug 13, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/enhtq3j3

Technicals

52-week high: $15.86

52-week low: $4.54

Price action over last quarter: Up 24.46%

Company Profile

Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction and trading of LNG. The segment in which the group operates includes Power, FLNG, and vessel operations. Its vessel operations segment operates and charters out LNG carriers and floating storage regasification units on fixed terms to customers, whereas Power Segment offers integrated LNG based downstream solutions, and FLNG segment includes the costs associated with the conversion of its LNG carrier, the Hilli. The company generates maximum revenue from the Vessel Operations segment.

 

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