Golar LNG: Infrastructure Re-Rating Still Ahead As Backlog Visibility And FLNG Demand Accelerate
Golar LNG Limited has reported a substantial contracted EBITDA backlog exceeding $17 billion, indicating strong cash flow visibility for over 20 years. The company's Q1 results surpassed expectations, showcasing significant sales and adjusted EBITDA figures. Management is optimistic about future growth, hinting at the possibility of a fourth FLNG unit to enhance operations.
- ▪Golar LNG has a contracted EBITDA backlog of over $17 billion.
- ▪The company reported Q1 sales of $138 million and adjusted EBITDA of $106 million.
- ▪Management is considering the addition of a fourth FLNG unit to support growth.
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