Golar Lng (GLNG) Income from Discontinued Operations (2020 - 2023)
Golar Lng's (GLNG) quarterly Income from Discontinued Operations came in at -$104000.0 in Q2 2023, down 100.08% on a YoY basis from $126.4 million in Q2 2022, and up 44.97% quarter-over-quarter from -$189000.0 in Q1 2023.
Analysis
Golar Lng (GLNG) Income from Discontinued Operations (2020 - 2023) Analysis & Trends
Golar Lng (GLNG) has reported Income from Discontinued Operations for 4 consecutive years, with -$104000.0 the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Income from Discontinued Operations fell 100.08% year-over-year to -$104000.0; the trailing twelve-month figure through Sep 2024 stood at -$104000.0 (up 96.48% YoY), and the FY2023 full-year result was -$293000.0, up 99.62% from the prior year.
- Income from Discontinued Operations grew to -$104000.0 in Q2 2023 per GLNG's latest filing, from -$189000.0 in the prior quarter.
- Across five years, Income from Discontinued Operations topped out at $583.0 million in Q2 2021 and bottomed at -$208.8 million in Q1 2022.
- Historically, Income from Discontinued Operations has averaged $46.7 million across 4 years, with a median of -$146500.0 in 2023.
- The sharpest annual moves came in 2021 and 2022: Income from Discontinued Operations surged 318.89% in 2021, then sank 1701.14% in 2022.
- Over 4 years, Income from Discontinued Operations stood at -$4.5 million in 2020, then sank by 375.56% to -$21.3 million in 2021, then jumped by 87.52% to -$2.7 million in 2022, then surged by 96.09% to -$104000.0 in 2023.
- According to Business Quant data, Income from Discontinued Operations over the past three periods registered -$104000.0, -$189000.0, and -$2.7 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | - |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | - |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | - |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | - |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | - |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | -104,000.00 |
| Mar 31, 2023 | -189,000.00 |
| Dec 31, 2022 | -2.66 Mn |
| Sep 30, 2022 | -3.26 Mn |
| Jun 30, 2022 | 126.42 Mn |
| Mar 31, 2022 | -208.77 Mn |
| Dec 31, 2021 | -21.31 Mn |
| Sep 30, 2021 | -7.80 Mn |
| Jun 30, 2021 | 582.99 Mn |
| Mar 31, 2021 | 13.04 Mn |
| Dec 31, 2020 | -4.48 Mn |
| Sep 30, 2020 | 3.43 Mn |
| Jun 30, 2020 | 139.18 Mn |
| Mar 31, 2020 | 37.87 Mn |