Nasdaq-quoted Golar branded core operating profit of $5.9m in the three months to the close of September “unsatisfactory”.
The figure compared with the $8m gain analysts had been looking for.
Golar’s stock dipped as its quarterly report hit the market, losing around 3% initially before turning upwards to trade at $51.70 per share at the time of writing.
Erik Nikolai Stavseth of Arctic Securities says the share price was responding to Golar’s slightly more defensive stance of the timing of its FLNG project in West Africa.
The
