Flex LNG Ltd. (FLNG)

NYSE: FLNG · IEX Real-Time Price · USD
36.14
+1.71 (4.97%)
Aug 16, 2022 1:09 PM EDT - Market open
4.97%
Market Cap 1.92B
Revenue (ttm) 336.76M
Net Income (ttm) 170.74M
Shares Out 53.13M
EPS (ttm) 3.21
PE Ratio 11.26
Forward PE 12.20
Dividend $2.65 (7.33%)
Ex-Dividend Date May 24, 2022
Volume 293,725
Open 34.44
Previous Close 34.43
Day's Range 34.35 - 36.14
52-Week Range 14.01 - 36.31
Beta 0.33
Analysts Buy
Price Target 29.25 (-19.1%)
Earnings Date Aug 16, 2022

About FLNG

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. [Read more...]

Industry Marine
Founded 2006
CEO Oystein Kalleklev
Employees 8
Stock Exchange NYSE
Ticker Symbol FLNG
Full Company Profile

Financial Performance

In 2021, Flex LNG's revenue was $343.45 million, an increase of 108.83% compared to the previous year's $164.46 million. Earnings were $162.21 million, an increase of 1,901.30%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for FLNG stock is "Buy." The 12-month stock price forecast is 29.25, which is a decrease of -19.06% from the latest price.

Price Target
$29.25
(-19.06% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Flex LNG - Invitation to Q2 2022 presentation and webcast

Flex LNG Ltd ("Flex LNG" or the "Company") will release its preliminary financial results for the second quarter of 2022 on Wednesday August 24, 2022 on or about 07:00 CEST (1:00 a.m. EST).

Flex LNG - 2022 Annual General Meeting

FLEX LNG LTD. (the “Company”) advises that the 2022 Annual General Meeting of the Company will be held on September 30, 2022. The record date for voting at the Annual General Meeting is set to August 19...

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Flex LNG - Market, Employment and Revenue Update July 2022

July 6, 2022

Flex LNG - Announce 24 years of new contract backlog for three LNG carriers

June 23, 2022Hamilton, Bermuda.

Flex LNG - Market Update Presentation

June 21, 2022Hamilton, Bermuda

Flex LNG - Ex Date Q1 2022

May 24, 2022Hamilton, Bermuda

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Other symbols: TS

Flex LNG - First Quarter 2022 Earnings Release

May 11, 2022Hamilton, Bermuda

Flex LNG - First Quarter 2022 Presentation

May 11, 2022 Hamilton, Bermuda

Flex LNG - 2021 Annual ESG Report

May 11, 2022Hamilton, Bermuda

Flex LNG - Invitation to Q1 2022 presentation and webcast

Hamilton, BermudaApril 22, 2022

Cheniere (LNG) Opts for 5th Carrier Newbuild From Flex LNG

Cheniere Energy (LNG) declares an option to employ the fifth LNG Carrier, Flex Aurora, from Flex LNG.

Flex LNG – Cheniere declares the option for the 5th LNG Carrier

April 1, 2022 Hamilton Bermuda

Flex LNG - Filing of 2021 Annual Report on Form 20-F

March 17, 2021 - Hamilton, Bermuda

Flex LNG - Presentation at the DNB Energy & Shipping Conference March 2022

Flex LNG - Presentation at the DNB Energy & Shipping Conference March 2022

Flex LNG - Ex dividend USD 0.75 today

The shares in Flex LNG Ltd. will be traded ex dividend USD 0.75 as from today, 01.03.2022..

Flex LNG - Key information relating to the dividend to be paid for the fourth quarter 2022

Key information relating to the dividend to be paid by Flex LNG Ltd. for the fourth quarter 2022

Flex LNG - Fourth Quarter 2021 Presentation

February 16, 2021 - Hamilton, Bermuda

Flex LNG - Fourth Quarter 2021 Earnings Release

February 16, 2022 - Hamilton, BermudaFlex LNG Ltd. ("Flex LNG" or the “Company”) today announced its unaudited financial results for the fourth quarter and year ended December 31, 2021.

Flex LNG - Invitation to Q4 2021 presentation and webcast

Hamilton, BermudaJanuary 24, 2021

Flex LNG - Market & Company Update at BYNN

December 17, 2021Hamilton, Bermuda

Update: Flex LNG - Key Information Relating to the Cash Dividend for the Third Quarter 2021

Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository :

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Other symbols: CPEIMOMGYMROMTDR