How Investors May Respond To Golar LNG (GLNG) Securing US$1.2B FLNG Gimi Refinancing and Liquidity Boost

• Golar LNG Limited recently closed and drew a new US$1.2 billion asset-backed debt facility with a consortium of leading banks to refinance its FLNG Gimi project, replacing a prior US$627 million facility with improved terms.
• This refinancing enhances Golar’s liquidity by about US$400 million and highlights lender confidence in the company’s core FLNG assets and financial position.
• We’ll explore how this significant boost in liquidity could impact Golar LNG’s financial flexibility and long-term growth narrative.

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Golar LNG Investment Narrative Recap

To be a Golar LNG shareholder, you need to believe in the sustained global demand for floating LNG solutions and the company's ability to secure and execute long-term charters. The recent US$1.2 billion FLNG Gimi refinancing significantly improves Golar’s liquidity and financial flexibility, but does not fundamentally change the immediate catalysts or the biggest risk, which is continued execution and contract visibility for new FLNG projects before securing all charters. Among recent announcements, the June 2025 launch of commercial operations for FLNG Gimi and its 20-year contract at the Greater Tortue Ahmeyim project ties directly to the new refinancing, as both shore up Golar’s backlog and visibility. This event provides operational momentum, but it is balanced by the company's ongoing exposure to expanding capital commitments and the challenges in locking down future charters for planned new capacity. Yet, while this boost in liquidity addresses near-term obligations, investors should still be mindful of what happens if Golar proceeds with more FLNG units before securing further charter commitments…

Read the full narrative on Golar LNG (it's free!)

Golar LNG's narrative projects $434.8 million in revenue and $205.2 million in earnings by 2028. This requires 17.4% yearly revenue growth and a $211.7 million increase in earnings from the current level of -$6.5 million.

Uncover how Golar LNG's forecasts yield a $51.10 fair value, a 39% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community contributors provide five fair value estimates for Golar LNG ranging from US$3.72 to US$60.87 per share. These widely differing opinions stand in contrast to execution risks related to financing and chartering of future FLNG units, encouraging you to consider multiple viewpoints on the company's forward prospects.

Explore 5 other fair value estimates on Golar LNG - why the stock might be worth as much as 65% more than the current price!

Build Your Own Golar LNG Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Golar LNG research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.
• Our free Golar LNG research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Golar LNG's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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