GOLAR LNG LTD (GLNG) Form 6-K — Aug 13, 2026

$GLNGForm 6-KFiled Aug 13, 2026, 8:53 AM ET0001171843-26-005483Original filing

Golar LNG reported Q2 2026 net income attributable to the company of $38 million, up 145% year over year, on total operating revenues of $130.5 million (up 72%) and Adjusted EBITDA of $127 million (up 159%). Total Golar Cash stood at $908 million before the newly closed $600 million revolving credit facility, with net debt of $1.8 billion. Strategically, Golar signed an EPC contract with CIMC Raffles for its fourth floating LNG unit, a 3.5 MTPA MKII at a fully delivered cost of roughly $2.45 billion with delivery by year-end 2029, the world's earliest available FLNG capacity.

Key figures

Revenue: Q2 2026 total operating revenues $130.5 million; H1 2026 $268.0 million
Net Income: Q2 2026 net income attributable to Golar $38.3 million (vs $15.6 million Q2 2025, +145%); $55.8 million total before non-controlling interests; $121.8 million attributable YTD
Total Debt: $2.68 billion Golar's share of contractual debt ($3.03 billion total contractual debt)
Revenue Yoy: +72% Q2 YoY; +94% H1 YoY
Cash Position: $908.4 million Total Golar Cash as of June 30, 2026 (vs $1.20 billion at December 31, 2025), before the newly closed $600 million RCF
Rcf: $600 million senior secured revolving credit facility; 3-month SOFR + 3.00% margin; 18-month tenor from October 1, 2026; secured by FLNG Esperanza
Net Debt: $1.8 billion as of Q2 2026
Dividend: $0.25 per share, payable September 2, 2026 to holders of record August 24, 2026
Total Assets: $5.34 billion as of June 30, 2026
Flng4 epc cost: $2.45 billion fully delivered for 3.5 MTPA MKII unit, expected delivery by year-end 2029
Sesa ownership: Golar 10%; Pan American Energy 30%, YPF 25%, Pampa Energia 20%, Harbour Energy 15%
Q2 noncash items: $29 million, including $38 million unrealized MTM losses on oil and gas derivatives
Shares Outstanding: 102.1 million as of June 30, 2026
Commodity exposure: up to $100 million upside per $1 FOB above $8/MMBtu; ~$28 million downside per $1 below SESA cash break-even
Hilli ebitda backlog: $5.7 billion
Hilli upgrade budget: $350 million budget, $71 million spent as of June 30, 2026
Gimi debt outstanding: $1.16 billion outstanding of $1.2 billion facility
Gimi earnings backlog: ~$2.9 billion expected share of net earnings backlog on 70% ownership
Hilli contract ebitda: $285 million per year plus 25% of FOB prices above $8/MMBtu (~$30 million annual upside per $1); 20-year Argentina contract commencing H2 2027
Adjusted EBITDA q2 2026: $127.4 million, +159% YoY ($232.9 million YTD, +158%)
Esperanza ebitda backlog: $8 billion over 20 years (~$400 million per year to Golar)
Hilli sale leaseback debt: $492.8 million
Total Liquefaction Capacity: >12 MTPA after fourth FLNG order, a 41% increase in controlled capacity
Esperanza invested to date: $1.4 billion, all equity funded; conversion on time and on budget for Q4 2027 completion

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