GLNG vs LNG: Correlation
Golar LNG Limited (GLNG) and Cheniere Energy, Inc. (LNG) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLNG and LNG?
Over the past 3 years, GLNG and LNG moved with a correlation of 0.54, which is moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 570.8 %².
Few assets follow GLNG as closely as LNG, which ranks #1 of 12 tracked partners. Neither side won the trailing year by much: +17.7% against +17.4%.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
GLNG vs LNG: side by side
| GLNG (Golar LNG Limited) | LNG (Cheniere Energy, Inc.) | |
|---|---|---|
| 1-year return | +17.7% | +17.4% |
| 5-year return | +415.5% | +231.8% |
| Volatility (ann.) | 37.5% | 28.3% |
| Beta vs S&P 500 | 0.88 | 0.13 |
| Max drawdown (3Y) | -29.4% | -24.9% |
| Market cap | $5.3B | $58.0B |
| P/E (trailing) | 35.3 | 21.5 |
| Dividend yield | 1.95% | 0.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GLNG | LNG |
|---|---|---|
| 2022 | +83.9% | +49.3% |
| 2023 | +4.4% | +15.0% |
| 2024 | +90.8% | +27.2% |
| 2025 | -9.7% | -8.7% |
| 2026 | +40.5% | +45.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLNG and LNG good diversifiers for each other?
Only partially. A correlation of 0.54 means GLNG and LNG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between GLNG and LNG?
The GLNG/LNG correlation stands at 0.54 on a 3-year window (1 year: 0.54, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is LNG a good diversifier for GLNG?
Only partially. A correlation of 0.54 means GLNG and LNG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
A reading of 0.54 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/glng-vs-lng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/glng-vs-lng/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GLNG correlations · LNG correlations
