FLEX LNG Ltd. (FLNG)

NYSE: FLNG · IEX Real-Time Price · USD
25.90
-0.06 (-0.23%)
At close: Apr 24, 2024, 4:00 PM
26.05
+0.15 (0.58%)
Pre-market: Apr 25, 2024, 6:21 AM EDT
-0.23%
Market Cap 1.39B
Revenue (ttm) 371.02M
Net Income (ttm) 120.04M
Shares Out 53.74M
EPS (ttm) 2.22
PE Ratio 11.67
Forward PE 11.27
Dividend $3.00 (11.58%)
Ex-Dividend Date Feb 22, 2024
Volume 165,874
Open 25.93
Previous Close 25.96
Day's Range 25.69 - 25.95
52-Week Range 24.16 - 34.66
Beta 0.69
Analysts Hold
Price Target 32.00 (+23.55%)
Earnings Date May 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 "Hold" and the 12-month stock price forecast is $32.0.

Price Target
$32.0
(23.55% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

7 days 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...

12 days 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.

19 days 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...

4 weeks 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...

7 weeks 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...

7 weeks 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
2 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...

2 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...

2 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...

2 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.

2 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.

2 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, ...

3 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.

3 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 ...

3 months ago - GlobeNewsWire

Flex LNG - Ex Date Q3 2023

November 27, 2023Hamilton, Bermuda The shares in Flex LNG Ltd. (Ticker: FLNG) will be traded ex dividend of USD 0.875 per share for the third quarter of 2023 as of today, November 27, 2023.

5 months ago - GlobeNewsWire

Flex LNG - Presentation at the Danske Bank Gas Seminar

November 22, 2023Hamilton, Bermuda Please find attached the LNG market presentation to be presented by our CFO Knut Traaholt at the Danske Bank Gas Seminar held in Oslo today. The presentation is also...

5 months ago - GlobeNewsWire

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

November 8, 2023Hamilton, Bermuda Key information relating to the cash dividend for the third quarter 2023 Dividend amount: $0.875Declared currency: USD. Dividends payable to shares registered with Eu...

6 months ago - GlobeNewsWire

Flex LNG - Third Quarter 2023 Earnings Release

November 8, 2023Hamilton, Bermuda Flex LNG Ltd. ("Flex LNG" or the “Company”) today announced its unaudited financial results for the three months and nine months ended September 30, 2023.

6 months ago - GlobeNewsWire

Flex LNG - Third Quarter 2023 Presentation

November 8, 2023Hamilton, Bermuda Please find enclosed the presentation of Flex LNG Ltd.'s third quarter 2023 results which will be presented in a live video webcast today at 15:00 CET (9:00 a.m.

6 months ago - GlobeNewsWire

Top 4 Energy Stocks That Are Preparing To Pump This Quarter - Camber Energy (AMEX:CEI), Flex LNG (NYSE:FLNG)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: CEIGPRERCON
7 months ago - Benzinga

Flex LNG - Presentation at the Pareto Securities' 30th Energy Conference

September 21, 2023Hamilton, Bermuda CEO Øystein Kalleklev will be presenting Flex LNG today at the 30th Energy Conference hosted by Pareto Securities. The presentation is attached hereto and is also a...

7 months ago - GlobeNewsWire

Flex LNG - NYSE Investor Access Day for Energy & Utilities

September 12, 2023Hamilton, Bermuda Flex LNG will this week be attending the NYSE Investor Access Day for Energy & Utilities, the 15th Annual Capital Link Shipping & Marine Services Forum in connectio...

8 months ago - GlobeNewsWire

Flex LNG - Ex Date Q2 2023

August 30, 2023Hamilton, Bermuda The shares in Flex LNG Ltd. (Ticker: FLNG) will be traded ex dividend of USD 0.75 per share for the second quarter of 2023 as of today, August 30, 2023.

8 months ago - GlobeNewsWire

Flex LNG - Key information relating to the cash dividend to be paid by Flex LNG for the second quarter 2023

August 16, 2023Hamilton, Bermuda Key information relating to the cash dividend to be paid by Flex LNG Ltd. (Ticker: FLNG) for the second quarter 2023.

9 months ago - GlobeNewsWire