Golar LNG Q2 2026: Net Income Up 145%, Fourth FLNG Ordered, $600M RCF Closed

summarizeSummary

Golar LNG reported Q2 2026 net income of $38.3M (up 145% YoY) and adjusted EBITDA of $127.4M (up 159%). The company ordered a fourth FLNG unit for ~$2.45B and closed a $600M RCF.

check_boxKey Events · Earnings and Guidance · GLNG

• Q2 2026 Earnings Beat

  Net income attributable to Golar of $38.3 million, up 145% year-over-year; adjusted EBITDA of $127.4 million, up 159%.

• Fourth FLNG Ordered

  Signed EPC contract with CIMC Raffles for a 3.5 MTPA MKII FLNG at a fully delivered cost of approximately $2.45 billion, with delivery expected by year-end 2029.

• $600M RCF Closed

  Closed a $600 million senior secured revolving credit facility with a syndicate of banks; 18-month tenor from October 1, 2026, at 3-month SOFR plus 3.00% margin.

• FLNG Hilli Contract Completion

  Completed 8-year contract in Cameroon with 100% economic uptime; vessel now repositioning to Singapore for modifications ahead of 20-year Argentina contract starting H2 2027.

auto_awesomeAnalysis · GLNG · Energy & Transportation

A standout quarter for Golar LNG: net income attributable to shareholders reached $38.3 million, a 145% jump year-over-year, while adjusted EBITDA climbed 159% to $127.4 million. The company also signed an EPC contract with CIMC Raffles for a fourth FLNG unit at a fully delivered cost of approximately $2.45 billion, lifting controlled liquefaction capacity by 41% to over 12 MTPA. Liquidity got a further boost from a new $600 million revolving credit facility closed in August 2026, supporting growth projects. These moves cement Golar's position as the world's largest owner of FLNG capacity and provide strong earnings visibility through long-term contracts.