Golar LNG Limited (GLNG) Earnings Call Transcripts

Golar LNG Limited's Latest Earnings Call - Q1 FY2026

Golar LNG Limited reported a record Q1 2026, with total operating revenues of $138 million and net income of $102 million, reflecting strong operational performance. The company highlighted a significant increase in EBITDA to $106 million, up 16% quarter-over-quarter. Management signaled a robust outlook, maintaining guidance for annual run-rate EBITDA to exceed $800 million once all units are operational, and announced plans to order a fourth FLNG unit within 2026, driven by strong demand and geopolitical factors.

Reported metrics

Guidance from management

Management maintained guidance for annual run-rate EBITDA to exceed $800 million once all three FLNG units are operational, with plans to order a fourth unit in 2026.

What management said

Absolutely. So as we've said, the reason for launching the strategic review is to see how we can further accelerate growth, and that's on the back of the commercial discussions. So for us, the short answer is yes.

Sure. Then we're going to produce hydrocarbons earlier. So hydrocarbons earlier is more money earlier and the starts whenever we're ready. However, that said, there's a lot of infrastructure that should line up to the start-up of the arrival of the FLNGs and there is no upside. If the pipeline is ready and the FLNG is not, then obviously, there's no upside. So everything needs to be in place more than looking for the...

What analysts pressed on

Analysts expressed concerns regarding the geopolitical risks impacting supply-demand dynamics and the potential for higher operational costs. There were also questions about the timeline for the pipeline construction and its implications for future capacity utilization.

Main topics on the call

• Record LNG Production — Golar achieved record LNG production in Q1 2026, with Gimi producing '19% above the committed contractual capacity'. This operational excellence underscores the company's ability to capitalize on market demand.
• Strategic Review for Growth — Management announced a strategic review to explore options for accelerating FLNG growth and maximizing shareholder returns, indicating a proactive approach to capitalize on market opportunities.
• Increased EBITDA Backlog — The EBITDA backlog stands at $17 billion, with management stating that 'the NPV of our $17 billion base backlog is increasing every day'. This reflects strong future earnings potential.
• Commodity Price Upside — Management noted that the increase in LNG price indices during Q1 raised the value of commodity exposure by 'approximately $200 million to $500 million per year'. This positions Golar favorably for future earnings.

Read the full Golar LNG Limited transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 Golar LNG Limited earnings call transcripts on record, spanning February 25, 2020 to May 20, 2026. Based on this history, Golar LNG Limited reports quarterly. The most recent call on file is dated May 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GLNG

Exchange

NasdaqGS

Country

US

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

26

First call

February 25, 2020

Most recent

May 20, 2026

Reporting cadence

quarterly