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home / news releases / GLNG - Golar LNG: 3 Catalysts That Will Continue Unlocking Value


GLNG - Golar LNG: 3 Catalysts That Will Continue Unlocking Value

  • Through the New Fortress transactions, Golar secured around $130M in cash. In addition, Golar raised a bit more than $100M in cash through the recent equity offering.
  • The $230M+ in additional cash provides substantial liquidity. Some of it has been used to repay the Margin Loan Facility in full, removing a chronic overhang.
  • Golar has simplified the group structure. The focus going forward is to pursue the crown-jewel FLNG projects, and Golar has the cash to support new projects (no more bridge-financing).
  • Golar also has strong exposure to clean energy projects; green hydrogen through New Fortress and is exploring blue ammonia with Black & Veatch.
  • Golar is an exciting play in the clean energy transition. The market still, incorrectly, perceives Golar as a shipping company. Golar is much more. Shares continue to trade at very depressed levels.

For further details see:

Golar LNG: 3 Catalysts That Will Continue Unlocking Value
Stock Information

Company Name: Golar LNG Limited
Stock Symbol: GLNG
Market: NASDAQ
Website: golarlng.com

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