Golar LNG (GLNG) Declares $0.05 Quarterly Dividend; 0.8% Yield

Go back to Golar LNG (GLNG) Declares $0.05 Quarterly Dividend; 0.8% Yield

Interim Results for the Period Ended 30 September 2016 (with correct attachment)

November 30, 2016 9:17 AM EST

Hamilton, Bermuda, Nov. 30, 2016 (GLOBE NEWSWIRE) -- Highlights

EBITDA* and Operating Loss in the quarter reported a loss of $11.3 million and $28.3 million compared to a 2Q loss of $17.5 million and $37.2 million, respectively.Golar LNG Limited ("Golar" or "the Company") and Schlumberger formed OneLNG, a joint venture that will offer an integrated upstream and midstream solution for the development of low cost gas reserves to LNG. Closed Golar Power transaction with Stonepeak to capitalise on downstream opportunities.Shipping market shows positive signs with improving utilisation, rates and the re-appearance of round-trip economics.... More

Interim Results for the Period Ended 30 September 2016

November 30, 2016 9:04 AM EST

Hamilton, Bermuda, Nov. 30, 2016 (GLOBE NEWSWIRE) -- Highlights

EBITDA* and Operating Loss in the quarter reported a loss of $11.3 million and $28.3 million compared to a 2Q loss of $17.5 million and $37.2 million, respectively.Golar LNG Limited ("Golar" or "the Company") and Schlumberger formed OneLNG, a joint venture that will offer an integrated upstream and midstream solution for the development of low cost gas reserves to LNG. Closed Golar Power transaction with Stonepeak to capitalise on downstream opportunities.Shipping market shows positive signs with improving utilisation, rates and the re-appearance of round-trip economics.... More