Golar LNG Limited (GLNG) News
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Latest GLNG News From Around the Web
Below are the latest news stories about Golar Lng Ltd that investors may wish to consider to help them evaluate GLNG as an investment opportunity.
NEW YORK, NY / ACCESSWIRE / January 20, 2021/ SmartFinancial, Inc. (NASDAQ:SMBK) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on January 20, 2021 at 10:00 AM Eastern Time.
Golar LNG Limited ( NASDAQ:GLNG ) shareholders will doubtless be very grateful to see the share price up 56% in the...
Golar LNG (GLNG) & Stonepeak enter into a definitive agreement with New Fortress Energy to sell Hygo in a transaction with an enterprise value of $3.1 billion and an equity value of $2.18 billion.
New Fortress Energy has agreed to acquire Brazilian LNG and power company Hygo Energy Transition from Norway's Golar LNG and US private equity fund Stonepeak Infrastructure Partners, a deal that catapults the New York-based company into the LNG major leagues.
New Fortress Energy to Acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in Combined $5 Billion Transaction
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), and Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”). “With a strong presence in Brazil and a world-class LNG shipping bus
Shares of Golar LNG (NASDAQ: GLNG) surged more than 15% by 10 a.m. EST on Wednesday. Fueling the LNG stock was a deal to sell its joint-venture interest in Hygo Energy and stake in Golar LNG Partners (NASDAQ: GMLP) to New Fortress Energy (NASDAQ: NFE). Golar LNG and its partner Stonepeak Infrastructure Partners have agreed to sell their Hygo Energy Transition joint venture to New Fortress Energy.
Golar LNG Limited and Stonepeak Infrastructure Partners to Sell 100% of Hygo Energy Transition Ltd. to New Fortress Energy
January 13, 2021 – Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) today announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”) have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transition Ltd. (“Hygo”) to New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”).Hygo, a gas to power and downstream LNG distribution company, is owned 50% by each of GLNG and by funds and other entities managed by Stonepeak.Under the terms of the merger agreement, NFE will acquire all of the outstanding shares of Hygo for 31.4 million shares of NFE Class A common stock and $580 million in cash. The transaction values Hygo at an enterprise value of $3.1 billion and an equity value of $2.18 billion. Pursua...
New Fortress Energy to acquire Hygo Energy Transition and Golar LNG Partners in $5 billion combined deal
New Fortress Energy Inc. said Wednesday it has agreed to acquire Hygo Energy Transition Ltd. and Global LNG Partners LP in a combined deal valued at $5 billion. The deal will make New Fortress the leading gas-to-power company in Brazil, the company said in a statement. Hygo is a 50-50 joint venture between Golar LNG Ltd. and Stonepeak Infrastructure Fund II Cayman Ltd., a fund managed by Stonepeak Infrastructure Partners. "The addition of Hygo will quickly expand our footprint in South America with three gas-to-power projects in Brazil's large and fast-growing market," New Fortress Energy Chief Executive Wes Edens said in a statement. "With GMLP, we gain LNG ships and world-class operators that are an ideal fit to support our existing terminals and robust pipeline." Under the terms o...
Why Shares of Golar LNG, Enterprise Products Partners, SM Energy, Occidental, and Core Labs Rallied Today
The energy markets got a shock, and it rippled across the entire industry landscape. There are lessons here.
KNOXVILLE, Tenn., Jan. 11, 2021 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial") (NASDAQ:SMBK) announces details for the release of its results for the Fourth Quarter of 2020. SmartFinancial plans to issue its earnings release for the fourth quarter of 2020 on Tuesday, January 19, 2021, and will host a conference call on Wednesday, January 20, at 10:00 a.m. ET. To access this interactive teleconference, dial (888) 317-6003 or (412) 317-6061 and enter the confirmation number, 0205038. A replay of the conference call will be available through January 20, 2022, by dialing (877) 344-7529 or (412) 317-0088 and entering the confirmation number, 10151327.Conference call materials (earnings release & conference call presentation) will be published on the company’s webpage located at...