Why These Energy Stocks are Gaining This Week

8. Golar LNG Limited (NASDAQ:GLNG)

Share Price Gains Between Apr. 23 – Apr. 30: 7.58%

As one of the world’s largest independent owners and operators of marine-based LNG midstream infrastructure, Golar LNG Limited (NASDAQ:GLNG) designs, converts, owns, and operates marine infrastructure that turns natural gas into LNG.

The stock of Golar LNG Limited (NASDAQ:GLNG) received a significant boost in April after the company revealed that its FLNG Gimi vessel has completed the offload of its first full LNG cargo to the British Sponsor, marking a major milestone for Mauritania and Senegal as they enter the international gas market. Moreover, Golar announced that commissioning remains on track for a Q2 2025 Commercial Operations Date. Once achieved, it will activate a 20-year lease and operate agreement, unlocking approximately $3 billion of adjusted EBITDA backlog attributable to GLNG.