Nov 09, 2021 / 03:00PM GMT
Karl Fredrik Staubo - Golar LNG Limited - CEO
Hi, all. And welcome to Golar LNG's Q3 earnings results presentation. We would like to thank you for taking time to dial in. My name is Karl Fredrik Staubo, the CEO of Golar LNG.
Before we get into the quarterly results, please note the forward-looking statements on Slide 2. I'm accompanied today by our CFO, Mr. Eduardo Maranhao, to present this quarter's results.
Turning to Slide 3 and Q3 highlights. We report revenue for the quarter of $107 million, a year-over-year increase of 12%, and an adjusted EBITDA of $74 million, up 30% year-over-year. We expect to continue to see a strong growth in our earnings across both our FLNG segment and Shipping, and we'll get into the details of which throughout this presentation.
Starting off on FLNG, we continued to deliver 100% uptime on Hilli, which now has delivered its 63rd LNG cargo more than any other FLNG globally. Furthermore, we hedged 50% of our TTF linked commodity exposure for Q1 '22 at $28 per MMBtu, implying a Q1 earnings from our Train 3 production of $21.2 million for the quarter
Q3 2021 Golar LNG Ltd Earnings Call Transcript
Nov 09, 2021
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers