Golar LNG flipped to the black for the fourth quarter in part due to a healthy gain on share value over the year.

The Iain Ross-led company posted net income of $3.82m, up from net loss of $43.9m. The $0.04 earnings per share (EPS) beat analysts' estimates of $0.30 loss per share.

During the quarter, the company realised non-cash income of $24.1m