Golar LNG Gains $13.7 Billion Backlog

Golar LNG(NASDAQ:GLNG) reported fiscal Q2 2025 earnings on August 14, 2025, highlighting a transformational quarter driven by a $13.7 billion increase in EBITDA backlog, a projected fourfold increase in adjusted EBITDA upon full fleet delivery compared to the last twelve months as of fiscal Q2 2025, before commodity upside, and the execution of new twenty-year charters. Management confirmed a reinforced balance sheet with nearly $900 million in cash and detailed progress on both current FLNG operations and future growth initiatives.This quarter saw Golar LNG finalize a twenty-year redeployment charter for the Hilli FLNG unit in Argentina, sign definitive agreements for Mark II FLNG, and achieve commercial operations for the Gimi vessel, collectively bringing the total EBITDA backlog to approximately $17 billion before commodity upside, spanning the next twenty years. Notably, these milestones lock in twenty-year visibility across Golar LNG's three operational or under-conversion FLNG units, all under fully contracted charters, with $5.7 billion in EBITDA backlog specifically tied to the redeployment of Hilli.Securing long-term fleet commitments and unprecedented EBITDA backlog materially strengthens free cash flow visibility and provides a robust foundation for both expanded shareholder distributions and disciplined FLNG growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool