How did Golar LNG's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 03:38am
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Golar LNG's revenue and expenses in Q4 2024 showed a significant increase in revenue compared to the previous quarter, while expenses remained relatively stable12:
Revenue Shift: The revenue in Q4 2024 was $260.37 million, which is a substantial increase from the $194.46 million in Q3 2024. This indicates a strong performance in the final quarter of the year, potentially due to increased operational efficiency or market conditions favoring the company's services.
Expense Shift: The total expenses for Q4 2024 are not provided, but the expenses for Q3 2024 and Q2 2024 were $129.65 million and $64.96 million, respectively. Assuming no significant changes in expenses from Q2 to Q3, the lack of data for Q4 expenses might suggest that they remained stable or increased slightly, given the higher revenue in Q4.
Comparison with Q1: The revenue in Q1 2024 was $64.96 million, which is lower than the revenue in Q3 2024 but similar to the revenue in Q2 2024. This suggests a seasonal fluctuation or a recovery from a potential dip in the first quarter.
Source:
1.
GLNG Revenue (FY), Expenses (FY) in Q4 2024
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