From Yahoo Finance: 2025-05-01 05:55:00

Energy Stocks are Gaining This Week, including Golar LNG Limited (NASDAQ: GLNG). Artificial intelligence is driving the global energy sector transformation, with data center electricity demand set to double by 2030. Natural gas and nuclear energy are key options. Recent fears of overestimated power demand for AI have eased with better-than-expected results from tech companies.

Golar LNG Limited (GLNG) stock has surged this week, ranking 8th on the list of top energy stock gainers. The company’s FLNG Gimi vessel completed its first LNG cargo offload, marking a milestone for Mauritania and Senegal. Commissioning remains on track for Q2 2025, unlocking $3 billion in adjusted EBITDA backlog.

GLNG operates marine infrastructure to turn natural gas into LNG. The company’s stock received a boost after completing its first LNG cargo offload to the British Sponsor, entering the international gas market. GLNG’s commissioning remains on track for Q2 2025, unlocking a substantial EBITDA backlog. Despite GLNG’s potential, AI stocks offer greater promise for higher returns in a shorter timeframe.

Read more: Why Golar LNG Limited (GLNG) Stock is Gaining This Week