Goldman Sachs Group, Inc.: Golar LNG (GLNG.US) possesses a strong contract base, first given a "buy" rating.

Goldman Sachs Group, Inc. has initiated coverage on Golar LNG (GLNG.US) with a "buy" rating and a target price of $54. The firm emphasized Golar LNG's strong contract base and competitive advantage in the expanding floating liquefied natural gas market to support their optimistic outlook. Additionally, the company is well-positioned globally to monetize low-cost offshore natural gas reserves, with a focus on the conversion and operation of floating liquefied natural gas production facilities. Looking ahead, Goldman Sachs Group, Inc. forecasts that Golar LNG's annualized EBITDA will increase from $260 million in 2025 to $800 million in 2028. The firm highlighted that new projects and long-term contracts covering approximately 90% of its capacity are key growth drivers. Furthermore, Goldman Sachs Group, Inc. noted that upcoming contract updates will be a crucial catalyst for share price appreciation. Golar LNG provides services to the global natural gas and marine energy markets through the design, conversion, ownership, and operation of floating liquefaction, regasification, and storage infrastructure. The company is part of the stock investment portfolio of RIT Capital Partners, a family company of Jacob Rothschild. RIT Capital Partners holds Golar LNG shares worth $41.19 million, representing 5.16% of its investment portfolio.