Golar LNG Limited

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Golar LNG shares fall 5.2% since last earnings despite Q1 beat

Golar LNG shares have declined 5.2% since its last earnings report, underperforming the S&P 500. The company reported first-quarter 2026 earnings of 49 cents per share, beating the Zacks Consensus Estimate of 31 cents, while revenues of $137.55 million surpassed the $125.3 million estimate and improved 120% year over year. Adjusted EBITDA rose 158% to $105.57 million, and the board approved a quarterly dividend of 25 cents per share payable on June 10, 2026. Cash and equivalents stood at $1.01 billion, down from $1.15 billion in the prior quarter, and contractual debt increased 81% to $2.70 billion. Analysts have kept estimates largely flat over the past month, with the consensus estimate shifting down 6.35%, and the stock carries a Zacks Rank of 3, or Hold.

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Tidewater, Calumet, and Golar LNG shares fall as oil drops below $80

Shares of Tidewater, Calumet, and Golar LNG declined in afternoon trading after Brent crude fell below $80 per barrel for the first time since March, with WTI dropping to around $75. The decline reflects the removal of a war-risk premium as the Iran peace deal appears durable, and President Trump clarified that the Strait of Hormuz will remain toll-free beyond the initial 60-day ceasefire period. Tidewater fell 3.3%, Calumet dropped 2.7%, and Golar LNG lost 2.8%, as lower oil prices reduce revenue projections for producers and cut demand for oilfield services. Tidewater remains up 36.7% year-to-date but trades 21.7% below its 52-week high of $91.12.

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