FLEX LNG Ltd. (FLNG)
| Market Cap | 1.26B |
| Revenue (ttm) | 356.35M |
| Net Income (ttm) | 117.68M |
| Shares Out | 54.09M |
| EPS (ttm) | 2.18 |
| PE Ratio | 10.68 |
| Forward PE | 12.28 |
| Dividend | $3.00 (12.87%) |
| Ex-Dividend Date | Feb 20, 2025 |
| Volume | 287,483 |
| Open | 23.02 |
| Previous Close | 22.82 |
| Day's Range | 23.02 - 23.44 |
| 52-Week Range | 19.46 - 30.48 |
| Beta | 0.42 |
| Analysts | Hold |
| Price Target | 23.00 (-1.35%) |
| Earnings Date | May 22, 2025 |
About FLNG
FLEX LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. It owns and operates vessels with M-type electronically controlled gas injection LNG carriers, and vessels with generation X dual fuel propulsion systems. The company was incorporated in 2006 and is based in Hamilton, Bermuda. [Read more]
Financial Performance
In 2024, FLEX LNG's revenue was $356.35 million, a decrease of -3.95% compared to the previous year's $371.02 million. Earnings were $117.68 million, a decrease of -1.96%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FLNG stock is "Hold" and the 12-month stock price forecast is $23.0.
News
Flex LNG - Mandatory notification of transaction by primary insider
HAMILTON, Bermuda , April 17, 2025 /PRNewswire/ -- Flex LNG Ltd. (the "Company") has received a notification of transaction from Susan Sakmar, Director and primary insider in the Company, as further s...
LNG Shipping Stocks: Week Of Returns
Market sentiment was surprisingly optimistic, despite political developments, with the UP World LNG Shipping Index gaining 3.03% and several companies achieving double-digit gains. Strong trading volu...
Flex LNG - AGM Notice
HAMILTON, Bermuda , April 10, 2025 /PRNewswire/ -- FLEX LNG LTD. (the 'Company') announces that its 2025 Annual General Meeting will be held on May 8, 2025.
FLEX LNG: Strong Credit Metrics And A 13% Dividend Yield
Initiating coverage on FLEX LNG with a “Hold” rating due to attractive trading levels, strong credit metrics, and a sustainable 13.3% dividend yield. Despite a 10.5% stock price decline in the last 12...
Flex LNG - Notice of Annual General Meeting 2025
HAMILTON, Bermuda , March 31, 2025 /PRNewswire/ -- FLEX LNG Ltd (the "Company") (NYSE: FLNG) (OSE: FLNG) advises that the 2025 Annual General Meeting of the Company will be held on 8 May 2025. The rec...
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strate...
Flex LNG - Company presentation March 2025
HAMILTON, Bermuda , March 6, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG") (NYSE: FLNG) (OSE: FLNG) participated in one-on-one investor meetings at the Deutsche Bank 2025 Virtual Shipping Seminar thi...
Flex LNG - Filing of 2024 Annual Report on Form 20-F
HAMILTON, Bermuda , Feb. 28, 2025 /PRNewswire/ -- Flex LNG Ltd (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2024 (the "Annual Report") has been filed w...
LNG Shipping Report 2024: Market Trends, Challenges, And Future Outlook
LNG shipping faced oversupply and declining spot rates in 2024, impacting traditional seasonal growth patterns and leading to weaker-than-expected performance. Top gainers like Excelerate Energy and D...
Flex LNG - Ex Date Q4 2024
HAMILTON, Bermuda , Feb. 19, 2025 /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 o...
FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025
FLEX LNG Ltd. benefits from long-term charters, insulating it from current low spot market rates and decreased European LNG imports. Despite lower TCE rates and earnings in 2024, FLNG maintains a high...
FLEX LNG Ltd. (FLNG) Q4 2024 Earnings Call Transcript
FLEX LNG Ltd. (NYSE:FLNG) Q4 2024 Earnings Conference Call February 4, 2025 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein...
LNG Shipping Stocks: Sideways Cruises
The UP World LNG Shipping Index (UPI) gained 0.40%, while the S&P 500 lost 1%, reflecting stable market conditions and cold weather in Europe. LNG tankers are diverting from Asia to Europe due to lowe...
Flex LNG - Fourth Quarter 2024 Presentation
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s fourth quarter 2024 results which will be presented in a live video webcast today at 15:00 CET...
Flex LNG - Fourth Quarter 2024 Earnings Release
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the three months and year ended December 31, 2024.
Flex LNG - Key information relating to the cash distribution for the fourth quarter 2024
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the fourth quarter 2024.
Flex LNG - Invitation to the 2024 Fourth Quarter Presentation
HAMILTON, Bermuda , Jan. 21, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the fourth quarter of 2024 on Tuesday February 4, 2025, on...
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and pote...
Flex LNG - Announces 15-year Time Charter for Flex Constellation
HAMILTON, Bermuda , Nov. 29, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce it has agreed a new Time Charter Agreement ("TC") for Flex ...
Flex LNG - Ex Date Q3 2024
HAMILTON, Bermuda , Nov. 26, 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 o...
FLEX LNG: Great Company, Abysmal Market
FLEX LNG remains a reliable and shareholder-friendly LNG transportation company, despite market headwinds. The company reported stable earnings in line with guidance, declared its 13th consecutive div...
FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade
FLEX reported $90.5 million revenue in 3Q24, compared to $94.6 million in 3Q23. On the other hand, QoQ revenue increased by 6.4%. It declared $17.4 million net income and $0.32EPS. FLEX has a 208% Tot...
Flex LNG - Third Quarter 2024 Earnings Release
HAMILTON, Bermuda , Nov. 12, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024.
Flex LNG - Key information relating to the cash distribution for the third quarter 2024
HAMILTON, Bermuda , Nov. 12, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the third quarter 2024.