FLEX LNG Ltd. (FLNG)

NYSE: FLNG · IEX Real-Time Price · USD
27.09
+0.10 (0.37%)
At close: Jul 2, 2024, 4:00 PM
27.50
+0.41 (1.51%)
After-hours: Jul 2, 2024, 7:01 PM EDT
0.37%
Market Cap 1.46B
Revenue (ttm) 368.78M
Net Income (ttm) 136.73M
Shares Out 53.74M
EPS (ttm) 2.54
PE Ratio 10.67
Forward PE 11.27
Dividend $3.00 (11.07%)
Ex-Dividend Date Jun 10, 2024
Volume 183,541
Open 26.93
Previous Close 26.99
Day's Range 26.68 - 27.23
52-Week Range 24.16 - 33.33
Beta 0.71
Analysts Sell
Price Target 25.00 (-7.72%)
Earnings Date Aug 14, 2024

About FLNG

Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. [Read more]

Sector Energy
Founded 2006
Employees 10
Stock Exchange NYSE
Ticker Symbol FLNG
Full Company Profile

Financial Performance

In 2023, FLEX LNG's revenue was $371.02 million, an increase of 6.64% compared to the previous year's $347.92 million. Earnings were $120.04 million, a decrease of -36.16%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for FLNG stock is "Sell" and the 12-month stock price forecast is $25.0.

Price Target
$25.0
(-7.72% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Flex LNG to attend DNB Investor Lunch in New York

HAMILTON, Bermuda , June 24, 2024 /PRNewswire/ -- Flex LNG will attend the DNB Investor Lunch in connection with Marine Money 2024 in New York, and we will also be meeting with investors. The presenta...

8 days ago - PRNewsWire

Final Trades: Electronic Arts, Chevron, Adobe and Flex LNG

The Investment Committee share their top stocks to watch for the second half.

Other symbols: ADBECVXEA
12 days ago - CNBC Television

Flex LNG - Ex Date Q1 2024

HAMILTON, Bermuda , June 7, 2024 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) traded on Oslo Stock Exchange ("OSE") and registered with Euronext Securities Oslo will trade ex dividend of...

25 days ago - PRNewsWire

Flex LNG - 2023 Annual ESG Report

HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today release its 2023 Annual ESG Report.

5 weeks ago - PRNewsWire

Flex LNG - Key information relating to the cash distribution for the first quarter 2024

HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the first quarter 2024.

5 weeks ago - PRNewsWire

Flex LNG - First Quarter 2024 Earnings Release

HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the three months ended March 31, 2024.

5 weeks ago - PRNewsWire

Flex LNG - First Quarter 2024 Presentation

HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s first quarter 2024 results which will be presented in a live video webcast today at 15:00 CEST...

5 weeks ago - PRNewsWire

Flex LNG - Invitation to the 2024 First Quarter Presentation

HAMILTON, Bermuda , May 8, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the first quarter of 2024 on Thursday May 23, 2024, on or ab...

7 weeks ago - PRNewsWire

Flex LNG - New Time Charter for Flex Constellation

HAMILTON, Bermuda , May 8, 2024 /PRNewswire/ -- Flex LNG, Ltd. ("Flex LNG" or the "Company") (OSE/NYSE: FLNG) is pleased to announce a new Time Charter agreement with a large Asian LNG importer, for t...

7 weeks ago - PRNewsWire

Flex LNG - Annual General Meeting 2024

HAMILTON, Bermuda, April 30, 2024 /PRNewswire/ -- FLEX LNG LTD. (the "Company") advises that the 2024 Annual General Meeting of the Shareholders of the Company was held on April 29, 2024 at 12:00 hrs,...

2 months ago - PRNewsWire

Flex LNG - Mandatory notification of trade by PDMR

HAMILTON, Bermuda , April 17, 2024 /PRNewswire/ -- Flex LNG Ltd. (the "Company") has received trade notifications from the following persons discharging managerial responsibilities ("PDMR"): Øystein K...

2 months ago - PRNewsWire

Flex LNG - Time Charter for Flex Endeavour extended to 2032

HAMILTON, Bermuda, April 12, 2024 /PRNewswire/ -- Flex LNG, Ltd. ("Flex LNG" or the "Company") (OSE/NYSE: FLNG) is pleased to announce that the charterer of Flex Endeavour has exercised an option to e...

2 months ago - PRNewsWire

Flex LNG - AGM Notice

HAMILTON, Bermuda , April 5, 2024 /PRNewswire/ -- FLEX LNG LTD. (the "Company") announces that its 2024 Annual General Meeting will be held on April 29, 2024.

3 months ago - PRNewsWire

Flex LNG - 2024 Annual General Meeting

HAMILTON, Bermuda , March 26, 2024 /PRNewswire/ -- FLEX LNG Ltd. (NYSE: FLNG) (OSE: FLNG) ("FLNG" or the "Company") advises that the 2024 Annual General Meeting of the Company will be held on April 29...

3 months ago - PRNewsWire

Flex LNG - Presentation at DNB Energy & Shipping Conference 2024

HAMILTON, Bermuda , March 7, 2024 /PRNewswire/ -- Flex LNG will today attend the DNB Energy & Shipping Conference 2024, and we will next week also be doing an investor update in connection with the 18...

4 months ago - PRNewsWire

Flex LNG - Filing of 2023 Annual Report on Form 20-F

HAMILTON, Bermuda , March 6, 2024 /PRNewswire/ -- Flex LNG Ltd (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2023 (the "Annual Report") has been filed w...

4 months ago - PRNewsWire

Final Trades: Google, Wabtec, Flex LNG and QQQ

Today's ‘Halftime Report' Investment Committee, Jenny Harrington, Kari Firestone, Joe Terranova and Steve Weiss give their top picks to watch for the second half.

Other symbols: GOOGGOOGLQQQWAB
4 months ago - CNBC Television

Flex LNG - Time Charter for Flex Courageous extended by 2 years from 2025 to 2027

HAMILTON, Bermuda , Feb. 23, 2024 /PRNewswire/ -- Flex LNG Ltd. («Flex LNG» or «Company») (NYSE: FLNG) (OSE: FLNG) has received notice that the charterer of Flex Courageous, a super major, has exercis...

4 months ago - PRNewsWire

Flex LNG - Ex Date Q4 2023

HAMILTON, Bermuda , Feb. 22, 2024 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) will be traded ex dividend of USD 0.75 per share for the fourth quarter of 2023 as of today, February 22, 2...

4 months ago - PRNewsWire

Flex LNG - Fourth Quarter 2023 Presentation

HAMILTON, Bermuda , Feb. 7, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s fourth quarter 2023 results which will be presented in a live video webcast today at 15:00 CET...

5 months ago - PRNewsWire

Flex LNG - Key information relating to the cash dividend for the fourth quarter 2023

HAMILTON, Bermuda , Feb. 7, 2024 /PRNewswire/ -- Key information relating to the cash dividend to be paid by Flex LNG Ltd. (Ticker: FLNG) for the fourth quarter 2023.

5 months ago - PRNewsWire

Flex LNG - Fourth Quarter 2023 Earnings Release

HAMILTON, Bermuda , Feb. 7, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the three months and year ended December 31, 2023.

5 months ago - PRNewsWire

Flex LNG - Invitation to the Q4 2023 presentation

HAMILTON, Bermuda , Jan. 23, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the fourth quarter of 2023 on Wednesday February 7, 2024, ...

5 months ago - PRNewsWire

Flex LNG - Flex Resolute Time Charter extended by two years from 2025 to 2027

Hamilton, Bermuda. January 18, 2024 Flex LNG Ltd.

5 months ago - GlobeNewsWire

Flex LNG - Redelivery of Flex Constellation in 2024

Hamilton, BermudaJanuary 8, 2024 Flex LNG Ltd. («Flex LNG» or «Company») (NYSE/OSE: FLNG) has received notice that the charterer of Flex Constellation, a trading house, has decided not to utilize its ...

6 months ago - GlobeNewsWire