Golar LNG's second quarter 2026 Adjusted EBITDA beat expectations amid its fourth FLNG order

Golar LNG reported second quarter 2026 total operating revenues of $130.5 million, slightly below analyst expectations, while Adjusted EBITDA of $127.4 million significantly outperformed consensus. The results reflect strong operational uptime and a strategic shift as the company concluded its Cameroon contract for FLNG Hilli and announced the Final Investment Decision for its fourth FLNG unit.

Key Highlights

• Signed an EPC contract for a fourth 3.5 MTPA MKII FLNG vessel with a $2.45 billion budget and delivery expected by year-end 2029.
• FLNG Hilli completed its 8-year Cameroon contract with 100% economic uptime and is repositioning for a 20-year Argentina charter starting in 2027.
• FLNG Gimi production exceeded contractual committed volumes by 15% during its first full year of commercial operations.