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0.000244021473889654 0.00292825768667636 0.00414836505612481 0.00195217179111758 -0.00170815031722792 -0.00244021473889706 -0.00195217179111775 -0.00146412884333827
Stock impact report

Interim results for the period ended 31 March 2019

Golar LNG Limited - Common Shares (GLNG) 
US:NASDAQ Investor Relations: golarlng.com/investors
Company Research Source: GlobeNewswire
Highlights Gross contract earnings backlog1 increased from $7.3 billion to $10.3 billion.Golar's ("Golar" or "the Company") total operating revenues decreased from $181.9 million in 4Q 2018 to $114.3 million in 1Q 2019.Adjusted EBITDA1 decreased from $121.2 million in 4Q 2018 to $62.9 million in 1Q 2019.After recognition of $28.4 million of unrealized Brent oil linked mark-to-market derivative instrument gains and a $34.3 million impairment charge in relation to the Golar Viking, Golar reported operating income of $28.9 million for 1Q 2019.Golar and BP executed contracts for the provision of an FLNG vessel to service the Greater Tortue/Ahmeyim project offshore Mauritania and Senegal for 20 years.Golar received a Final Notice to Proceed with the conversion, sale and subsequent operation of Golar Viking as a FSRU in Croatia. The sale is expected to generate net positive cash of approximately $40 million in 2020.The shipping fleet recorded Time Charter Equivalent1 ("TCE") earnings of $ Show less Read more
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