Billionaire Rob Citrone’s 10 Small-Cap Stock Picks with Huge Upside Potential

7. Golar LNG Ltd. (NASDAQ:GLNG)

Discovery Capital Management’s Stake: $17.72 million

Number of Hedge Fund Holders: 56

Market Capitalization as of May 8: $4.04 billion

Average Upside Potential as of May 8: 23.83%

Golar LNG Ltd. (NASDAQ:GLNG) designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. It operates through three segments: FLNG, Corporate & Other, and Shipping. It engages in the regasification, storage, & offloading of LNG; operation of floating LNG vessels or projects; transportation of LNG carriers; and vessel management activities.

The company’s FLNG asset, called the Hilli, generated $277 million in EBITDA in 2024 due to Golar’s operational performance with 100% economic uptime and the delivery of 128 cargoes since its 2018 startup. The acquisition of the remaining 8% minority stake in Hilli during Q4 2024 is expected to further enhance its contribution. This acquisition leads to immediate cash flow accretion through an increase of ~$7 million per year in the fixed cash tariff component.

The Hilli has also secured a 20-year redeployment contract in Argentina with Southern Energy, which is expected to commence operations in 2027 following vessel upgrades and relocation. This long-term contract adds ~$0.5 billion to Golar LNG Ltd.’s (NASDAQ:GLNG) EBITDA backlog and increases the total backlog to $11 billion before commodity exposure and inflation adjustments.