Golar LNG stock gains 1.65 percent in October 5 trading

Published on 10/05/2026 at 20:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Golar LNG stock was valued at USD 5.1 billion on October 5, 2026, with Nasdaq trading at USD 50.02. Q2 revenue reached USD 130.5 million and adjusted EBITDA rose 20.6 percent.

GLNG, BMG9456A1009, Illustration mit AI erstellt.

Golar LNG Limited (ISIN BMG9456A1009) was trading at USD 50.02 on Nasdaq at 2:02 p.m. ET on October 5, 2026, up 1.65 percent from the prior close. The move keeps the stock below its 52-week high of USD 57.79 while the company's second-quarter figures and FLNG expansion remain the central valuation drivers.

Second-quarter EBITDA rises 20.6 percent

According to The Globe and Mail on August 13, 2026, Golar reported second-quarter operating revenue of USD 130.5 million, up 72 percent year over year. Adjusted EBITDA reached USD 127.4 million, a 20.6 percent increase from USD 106 million in the first quarter.

The standardized quarterly figures show total revenue of USD 130.479 million and net income of USD 55.835 million for Q2 2026. Operating profit was USD 64.440 million, while operating cash flow reached USD 70.606 million in the quarter.

FLNG backlog reaches USD 17 billion

The earnings presentation linked by The Globe and Mail described a USD 17 billion EBITDA backlog across Hilli, Gimi and Esperanza before commodity upside. Golar also stated that the fourth FLNG order lifted controlled liquefaction capacity by 41 percent to 12.1 million tonnes per annum.

Management's operating outlook points to an annual EBITDA run rate of USD 800 million by 2028 once Hilli, Gimi and Esperanza are fully operational. A fourth unit could lift annual EBITDA above USD 1.2 billion by 2030 if it secures charter terms comparable to Esperanza.

BTIG raises target to USD 75

Investing.com reported on September 24, 2026, that BTIG raised its Golar LNG price target to USD 75 from USD 70 and maintained a Buy rating. The firm tied its view to the fourth FLNG unit and the potential to secure a long-term charter.

Financing adds a counter-factor to the growth case. In its investor release dated September 24, 2026, Golar LNG announced USD 500 million of senior notes due December 15, 2031, carrying a 7.5 percent annual interest rate and priced at 99 percent of principal. Settlement is scheduled for October 8, 2026.

Golar LNG stock trades above USD 50

Golar LNG stock was trading at USD 50.02 on Nasdaq at 2:02 p.m. ET on October 5, 2026. The session range was USD 49.15 to USD 50.16, volume was 495,956 shares, and market capitalization was USD 5.1 billion.