Golar LNG Limited (NASDAQ:GLNG) is included among the 12 Best LNG Stocks to Buy in 2026.
As one of the world’s largest independent owners and operators of offshore-based LNG infrastructure, Golar LNG Limited (NASDAQ:GLNG) designs, converts, owns, and operates marine infrastructure that turns natural gas into LNG
On May 21, Deutsche Bank raised the firm’s price target on Golar LNG Limited (NASDAQ:GLNG) from $54 to $65, while maintaining a ‘Buy’ rating on the shares. The target boost, which reflects an upside of over 24% from the current price level, comes following the company’s recent Q1 report. Golar LNG Limited (NASDAQ:GLNG) reported its first-quarter results on May 20.
The company grew its revenue by 120% YoY to $137.5 million, while its adjusted EBITDA of $106 million was $15 million higher than the previous quarter. Moreover, alongside the solid operational performance at both Hilli and Gimi FLNG, Golar revealed that the construction of its MK II Fuji FLNG asset is progressing on schedule and within budget for delivery in the last quarter of next year. Golar LNG Limited (NASDAQ:GLNG) also declared a quarterly dividend of $0.25 per share.