Golar LNG reports strong Q3, announces $150m share buyback

Golar LNG Limited reported a strong third quarter in 2025, with net income attributable to Golar of $31 million and adjusted EBITDA of $83 million. Total Golar Cash reached $661 million, prior to bond offering proceeds in October 2025. The company also announced a $500 million 5-year 7.5% senior unsecured note offering and repaid $190 million of outstanding 2021 unsecured bonds.

Key operational highlights include normalized Gimi operations, frequently exceeding base capacity, and the selection of Seatrium shipyard for the FLNG Hilli redeployment ahead of its 20-year contract in Argentina with SESA. Golar confirmed an $8 billion adjusted EBITDA backlog for the MKII FLNG charter to SESA and an impressive combined adjusted EBITDA backlog of $17 billion (Golar's share) for its existing FLNG fleet.

Shareholders will benefit from a newly approved $150 million share buyback program and a declared dividend of $0.25 per share for the quarter, to be paid around November 24, 2025. The company is actively focusing on developing its next FLNG unit, backed by a fully contracted existing fleet and a robust commercial pipeline.