Golar LNG's stock plummeted 5.91% during intraday trading on Wednesday, following the release of the company's fourth quarter and full year 2025 financial results.
The company reported Q4 2025 net income attributable to Golar LNG Ltd of $10.358 million, a 130% increase from the same period last year. However, the results included $28 million of non-cash items, primarily consisting of $21 million in unrealized mark-to-market losses on TTF and Brent oil linked derivative instruments, as well as a $10 million extinguishment loss related to the write-off of unamortized deferred financing costs.
Despite reporting increased revenues and adjusted EBITDA that exceeded analyst estimates, investors appeared concerned about the company's debt position. Golar's share of contractual debt reached $2.7 billion as of December 31, 2025, representing an 80% increase year-over-year. The company's net debt position stood at $1.5 billion after accounting for total cash of $1.2 billion.
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