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GLNG

Golar Lng

$27.67

Earnings Summary

Revenue
$79.69Mn
Net Profits
$345.18Mn
Net Profit Margins
433.17%
PE Ratio
7.51

Highlights

Revenue:

Golar Lng’s revenue fell -36.67% since last year same period to $79.69Mn in the Q1 2022. On a quarterly growth basis, Golar Lng has generated -30.73% fall in its revenue since last 3-months.

Net Profits:

Golar Lng’s net profit jumped 1260.91% since last year same period to $345.18Mn in the Q1 2022. On a quarterly growth basis, Golar Lng has generated 4944.31% jump in its net profits since last 3-months.

Net Profit Margins:

Golar Lng’s net profit margin jumped 2048.88% since last year same period to 433.17% in the Q1 2022. On a quarterly growth basis, Golar Lng has generated 7182.62% jump in its net profit margins since last 3-months.

PE Ratio:

Golar Lng’s price-to-earnings ratio after this Q1 2022 earnings stands at 7.51.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Golar Lng post its latest quarter earnings

EPS Estimate Current Quarter
0.3
EPS Estimate Current Year
0.3

Highlights

EPS Estimate Current Quarter:

Golar Lng’s earning per share (EPS) estimates for the current quarter stand at 0.3 - a 42.86% jump from last quarter’s estimates.

EPS Estimate Current Year:

Golar Lng’s earning per share (EPS) estimates for the current year stand at 0.3.

Key Ratios

Key ratios of the Golar Lng post its Q1 2022 earnings

Earning Per Share (EPS)
0.95
Return on Assets (ROA)
0.1
Return on Equity (ROE)
0.33
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Golar Lng’s earning per share (EPS) jumped 1287.5% since last year same period to 0.95 in the Q1 2022. This indicates that the Golar Lng has generated 1287.5% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Golar Lng’s return on assets (ROA) stands at 0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Golar Lng’s return on equity (ROE) stands at 0.33.

Dividend Per Share (DPS):

Golar Lng declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
0.21
0.95
352.38%

Company Information

Golar LNG is one of the world's most innovative and experienced independent owners and operators of marine LNG infrastructure. The company developed the world's first Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon reduction in LNG production.

Organisation
Golar Lng
Headquarters
S.E. Pearman Building, Hamilton, Bermuda, HM 11
Employees
1703
Industry
Transportation