FLEX LNG Ltd. (FLNG)

NYSE: FLNG · IEX Real-Time Price · USD
29.91
-0.14 (-0.47%)
Sep 25, 2023, 10:24 AM EDT - Market open
-0.47%
Market Cap 1.60B
Revenue (ttm) 368.39M
Net Income (ttm) 143.57M
Shares Out 53.68M
EPS (ttm) 2.67
PE Ratio 11.50
Forward PE 12.12
Dividend $3.00 (10.03%)
Ex-Dividend Date Aug 30, 2023
Volume 30,348
Open 29.92
Previous Close 30.05
Day's Range 29.84 - 30.05
52-Week Range 28.30 - 38.24
Beta 1.26
Analysts Hold
Price Target 32.00 (+6.99%)
Earnings Date Nov 14, 2023

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. It also provides chartering services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. [Read more]

Sector Energy
Founded 2006
Employees 9
Stock Exchange NYSE
Ticker Symbol FLNG
Full Company Profile

Financial Performance

In 2022, Flex LNG's revenue was $347.92 million, an increase of 1.30% compared to the previous year's $343.45 million. Earnings were $188.04 million, an increase of 15.93%.

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
(6.99% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days 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...

13 days 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.

26 days 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.

5 weeks ago - GlobeNewsWire

Flex LNG - Second Quarter 2023 Presentation

August 16, 2023Hamilton, Bermuda Please find enclosed the presentation of Flex LNG Ltd.'s second quarter 2023 results which will be presented in a live video webcast today at 15:00 CEST (9:00 a.m.

5 weeks ago - GlobeNewsWire

Flex LNG - Second Quarter 2023 Earnings Release

August 16, 2023Hamilton, Bermuda Flex LNG Ltd. ("Flex LNG" or the “Company”) today announced its unaudited financial results for the three months and six months ended June 30, 2023.

5 weeks ago - GlobeNewsWire

Flex LNG - Invitation to the Q2 2023 presentation

Hamilton, BermudaAugust 2, 2023 Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the second quarter of 2023 on Wednesday August 16, 2023, on or about 07:00 C...

7 weeks ago - GlobeNewsWire

Flex LNG - DNB Investor Lunch Presentation

June 20, 2023Hamilton, Bermuda CFO Knut Traaholt will be presenting Flex LNG at an investor lunch hosted by DNB today in connection with the Marine Money Week in New York. The presentation is attached...

3 months ago - GlobeNewsWire

20 Stocks That Look Like They're in Bubble Territory Right Now

Stocks that are difficult to sell short are likely to be overvalued, a new study finds. These fit the bill.

3 months ago - Barrons

Flex LNG - Ex Date Q1 2023

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

4 months ago - GlobeNewsWire

Flex LNG - Mandatory notification of trade by PDMR

Hamilton, BermudaMay 18, 2023 Flex LNG Ltd. (the "Company") has received trade notifications from the following person discharging managerial responsibilities ("PDMR"): Susan Sakmar, Director, has on ...

4 months ago - GlobeNewsWire

Correction: Flex LNG - Key information relating to the cash dividend to by paid by Flex LNG for the first quarter 2023

May 16, 2023Hamilton, Bermuda Please note corrections to the dividend dates as per below.  Key information relating to the cash dividend to be paid by Flex LNG Ltd.

4 months ago - GlobeNewsWire

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

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

4 months ago - GlobeNewsWire

Flex LNG - First Quarter 2023 Presentation

May 16, 2023Hamilton, Bermuda Please find enclosed the presentation of Flex LNG Ltd.'s first quarter 2023 results which will be presented in a live video webcast today at 15:00 CEST (9:00 a.m.

4 months ago - GlobeNewsWire

Flex LNG - First Quarter 2023 Earnings Release

May 16, 2023Hamilton, Bermuda Flex LNG Ltd. ("Flex LNG" or the “Company”) today announced its unaudited financial results for the three months ended March 31, 2023.

4 months ago - GlobeNewsWire

Flex LNG - Annual General Meeting 2023

FLEX LNG LTD. (the “Company”) advises that the 2023 Annual General Meeting of the Shareholders of the Company was held on May 8, 2023 at 14:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Ro...

4 months ago - GlobeNewsWire

Flex LNG - 2022 Annual ESG Report

May 3, 2023Hamilton, Bermuda Flex LNG Ltd. (OSE/NYSE: FLNG) today release its 2022 Annual ESG Report.

5 months ago - GlobeNewsWire

Flex LNG - Invitation to the Q1 2023 presentation

Hamilton, BermudaMay 2, 2023 Flex LNG Ltd ("Flex LNG" or the "Company") will release its preliminary financial results for the first quarter of 2023 on Tuesday May 16, 2023, on or about 07:00 CEST (1:...

5 months ago - GlobeNewsWire

Flex LNG - Presentation at ABG Sundal Collier's Shipping Semiar

CEO Øystein Kalleklev will be presenting Flex LNG at ABG Sundal Collier's Shipping Seminar today. The presentation is attached hereto and is also available on our web page www.flexlng.com

5 months ago - GlobeNewsWire

Flex LNG - AGM Notice

FLEX LNG LTD. (the “Company”) announces that its 2023 Annual General Meeting will be held on May 8, 2023. A copy of the Notice of Annual General Meeting and associated information including the Compan...

5 months ago - GlobeNewsWire

Flex LNG - 2023 Annual General Meeting

Hamilton, BermudaMarch 29, 2023

6 months ago - GlobeNewsWire

Flex LNG - Finalize the Balance Sheet Optimization Programme

Flex LNG Ltd (“Flex LNG” and/or the “Company”) (NYSE/OSE: FLNG) is today pleased to announce that the Balance Sheet Optimization Programme has been finalized with the signing of the $290m loan agreeme...

6 months ago - GlobeNewsWire

3 Small-Cap Stocks That Offer Big Dividends

It's no secret to many investors that some of the largest gains come from investing in small-cap stocks. These stocks can get overlooked because of their market capitalization.

Other symbols: EGLESXC
6 months ago - MarketBeat

Flex LNG - Filing of 2022 Annual Report on Form 20-F

Flex LNG Ltd (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (t...

7 months ago - GlobeNewsWire

Flex LNG - Ex Date Q4 2022

February 22, 2023Hamilton, Bermuda

7 months ago - GlobeNewsWire