$HAFN Q1 and 2025 guidance Rough day at -11.5% https://t.co/WuYyDXczv6
$GLNG looking to break its streak of plunging on earnings date. https://t.co/kZwUR6X5SV
Hafnia Limited issues correction to key dividend information for Q4 2024, acknowledging error in key dates for Euronext VPS Oslo Stock Exchange. $NDXP
Hafnia Limited ($HAFN) reported a challenging fourth quarter, with shares dropping approximately 9% in Oslo. The company announced a dividend of $0.0294, which will be netted against $49 million in repurchases. Adjusted earnings per share (EPS) were reported at $0.13, while the loan-to-value (LTV) ratio stood at 23%. In contrast, Golar LNG Limited ($GLNG) reported an adjusted EBITDA of $59 million for the fourth quarter, which was affected by a $23 million impairment on the sale of the Golar Arctic and $14 million in non-cash adjustments due to market volatility. Golar LNG also declared a dividend of $0.25 and is in discussions with shipyards regarding a potential fourth floating liquefied natural gas (FLNG) unit. Meanwhile, the company reported $699 million in cash and equivalents as of December 2024. Hafnia Limited's shares continued to decline, with a further drop of 11.5% noted in the latest trading session.
