Golar LNG Ltd (NAS:GLNG)
$ 25.89 0.08 (0.31%) Market Cap: 2.71 Bil Enterprise Value: 3.25 Bil PE Ratio: 0 PB Ratio: 1.31 GF Score: 78/100
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Q4 2018 Golar LNG Ltd Earnings Call Transcript

Feb 27, 2019 / 03:00PM GMT
Release Date Price: $21.37 (-1.79%)
Operator

Good afternoon, ladies and gentlemen. Thank you for standing by, and welcome to the Golar LNG Limited Fourth Quarter 2018 Results Presentation. (Operator Instructions) I must advise you, this conference is being recorded today, Wednesday, the 27th of February 2019.

I would now like to hand the conference over to your first speaker today, Iain Ross. Thank you, and please go ahead, sir.

Iain Ross
Golar LNG Limited - CEO of Golar Management Ltd

Thank you. Good afternoon. Good morning. Welcome to the Golar LNG Fourth Quarter 2018 Results Call. Today I'm joined by Graham Robjohns, CFO; and Stuart Buchanan, Head of Investor Relations.

I'm pleased to report on the back of improved operating revenue, our quarterly adjusted EBITDA increased to $121.7 million in the fourth quarter, up from $83.5 million in Q3. And accordingly, full year 2018 adjusted EBITDA increased to $218.1 million from -- up from a loss of $24 million in 2017. The board has declared a dividend of $0.15 per share.

Now while the fourth quarter was clearly buoyed by a

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