Golar LNG Ltd. Files 6-K for Q3 2024

TL;DR

Golar LNG's Q3 2024 6-K shows updated financials vs. 2023 - check revenue segments.

AI Summary

Golar LNG Ltd. filed a 6-K report for the period ending September 30, 2024. The filing includes financial data for the nine months ended September 30, 2024, and comparative data for the same period in 2023. Specific revenue breakdowns for Liquefaction Services, Vessel Management Fees and Other Revenues, and Time and Voyage Charter are provided for both periods.

Why It Matters

This filing provides investors with updated financial performance details for Golar LNG Ltd., allowing them to assess the company's operational and financial health for the first nine months of 2024 compared to the previous year.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) providing standard financial reporting and does not indicate any unusual or significant risks.

Key Players & Entities

• Golar LNG Ltd. (company) — Filer of the report
• September 30, 2024 (date) — End of reporting period
• September 30, 2023 (date) — Comparative reporting period

FAQ

Key Financial Figures

• $0.25 — ber 12, 2024, we declared a dividend of $0.25 per share in respect of the three month
• $2.4 million — ation and amortization: The increase of $2.4 million for the nine months ended September 30,
• $5.0 million — -lived assets: The impairment charge of $5.0 million for the nine months ended September 30,
• $15.2 m — ll the Gandria for net consideration of $15.2 million, which resulted in an impairment
• $40.5 million — LTA. The increase of unrealized loss of $40.5 million was driven by the volatility in the fut
• $7.9 million — re attributable to us). The decrease of $7.9 million in unrealized MTM loss for the nine mon
• $102.8 million — The decrease in unrealized MTM loss of $102.8 million for the nine months ended September 30,
• $36.90 — our NFE Shares at a price range between $36.90 and $40.38 per share for an aggregate c
• $40.38 — res at a price range between $36.90 and $40.38 per share for an aggregate consideratio
• $45.6 million — share for an aggregate consideration of $45.6 million and used our remaining 4.1 million NFE
• $62.3 million — hich resulted in realized MTM losses of $62.3 million for the nine months ended September 30,
• $7.3 million — 024. Interest income: The decrease of $7.3 million for the nine months ended September 30,
• $528.8 million — IRS portfolio with notional amounts of $528.8 million and $719.6 million, respectively, none
• $719.6 m — notional amounts of $528.8 million and $719.6 million, respectively, none of which are
• $17.3 million — as hedges for accounting purposes. The $17.3 million increase in unrealized MTM loss for the

Filing Documents

• glng-20240930.htm (6-K) — 1345KB
• 0001207179-24-000013.txt ( ) — 9142KB
• glng-20240930.xsd (EX-101.SCH) — 90KB
• glng-20240930_cal.xml (EX-101.CAL) — 113KB
• glng-20240930_def.xml (EX-101.DEF) — 508KB
• glng-20240930_lab.xml (EX-101.LAB) — 725KB
• glng-20240930_pre.xml (EX-101.PRE) — 624KB
• glng-20240930_htm.xml (XML) — 1336KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. GOLAR LNG LIMITED (Registrant) Date: November 27, 2024 By: /s/ Eduardo Maranho Name: Eduardo Maranho Title: Principal Financial Officer UNAUDITED INTERIM FINANCIAL REPORT

Forward-Looking Statements

Forward-Looking Statements Matters discussed in this Report may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We desire to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are including this cautionary statement in connection with this safe harbor legislation. This Report and any other written or oral statements made by us or on our behalf may include forward-looking statements, which reflect our current views with respect to future events and financial performance. When used in this Report, the words "believe," "anticipate," "intend," "estimate," "forecast," "projected," "plan," "potential," "continue," "will," "may," "could," "should," "would," "expect" and similar expressions identify forward-looking statements. The forward-looking statements in this Report are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. As a result, you are cautioned not to rely on any forward-looking statements. In addition to these important factors and matters discussed els

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations The following is a discussion of our financial condition and results of operations for the nine months ended September 30, 2024 and 2023. Throughout this Report, unless the context indicates otherwise, the "Company", "Golar", "Golar LNG", "we", "us" and "our" all refer to Golar LNG Limited or any one or more of its consolidated subsidiaries, including Golar Management Limited, or to all such entities. References to "Avenir" refer to our affiliate Avenir LNG Limited (Norwegian OTC: AVENIR) and to any one or more of its subsidiaries. References to "NFE" refer to New Fortress Energy Inc. (Nasdaq: NFE), the third-party purchaser of our former affiliates, Golar LNG Partners LP and Hygo Energy Transition Ltd, which acquisition closed on April 15, 2021. References to "CoolCo" refer to Cool Company Ltd (Euronext Growth/NYSE: CLCO) and to any one or more of its subsidiaries. Unless otherwise indicated, all references to "USD" and "$" in this Report are to U.S. dollars. You should read the following discussion and analysis together with the unaudited consolidated financial statements and related notes included elsewhere in this Report. For additional information relating to our operating and financial review and prospects, including definitions of certain terms used herein, please see our 2023 Annual Report. Overview Our strategy is to provide market leading FLNG solutions through the design, conversion, ownership and operations of marine infrastructure that turns natural gas into LNG. We offer gas resource holders a proven solution to monetize stranded gas reserves. Our industry leading FLNG operational track record and FLNG growth prospects allow gas resource holders, developers and customers a low-cost, low-risk, quick-delivering solution for natural gas liquefaction. Recent and Other Developments In addition to the other information set forth in this Report on Form 6-K, please

View Full Filing

View this 6-K filing on SEC EDGAR