GLNG - Golar LNG: Changing Business Model Creates Opportunity For Investors

• Golar LNG recently sold some of its stake in New Fortress Energy in order to raise money to expand its FLNG fleet.
• The company's single FLNG unit is already its largest revenue source and earnings over many quarters and it has a second one coming on by the end of 2023.
• The two FLNG units together could very easily quadruple the earnings from this business unit, potentially at least tripling the company's earnings.
• The long-term opportunity here could be even greater considering that the company could see growing demand for a third FLNG unit that it is considering.
• The stock has already doubled in price this year but it could still be reasonable at least than 30x 2023 earnings and the potential for earnings growth to 2026.

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