Golar (GLNG) Climbs 22.6% as LNG Crisis Bites

NodeGuardian · 2026-03-30T09:48:22+00:00

Golar LNG Limited's stock rose 22.6% due to rising natural gas prices amid Middle Eastern tensions and a missile attack on a Qatari hub. Despite a quarterly net income dip, annual figures showed significant revenue growth.

NodeGuardian

2026-03-30 09:48:22

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Golar LNG Limited (NASDAQ:GLNG) saw its stock surge by 22.6% week-on-week, driven by expectations that energy companies would benefit from escalating tensions in the Middle East, which have pushed natural gas prices higher. The rally was further fueled by news of a missile attack on a major Qatari natural gas hub, which is expected to cause extensive damage and long-term supply disruptions. Despite a quarterly dip in net income, Golar LNG also reported a significant increase in its annual net income and total operating revenues.

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