Flex Lng Ltd

FLEX LNG Ltd. engages in the operation of carrier vessels. It focuses on the engineering and construction of liquefied natural gas producer units. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in August 2006 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FLEX LNG Ltd. engages in the seaborne transportation of liquefied natural gas (LPG) through the ownership and operation of LNG carriers. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in September 2006 and is headquartered in Hamilton, Bermuda.

Recent weeks witnessed a rebase of the company's equity currency to an 11% - 12% dividend yield on the back of shifting LNG market fundamentals. The company's strong liquidity position and FCFE generation are key to the $0.75 per share dividend distribution despite challenges in the LNG spot market. Investors should tread with caution since any prolonged price weakness may prompt management to adjust the distribution strategy to a more sustainable yield.

FLEX LNG Q4: Bankable Dividend In Turbulent Waters

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 18th Annual Capital Link Shipping Forum in New York. The presentation used is attached hereto and is also available on our web page www.flexlng.com/category/presentations/.

Flex LNG - Presentation at DNB Energy & Shipping Conference 2024

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 with the U.S. Securities and Exchange Commission (the "Commission"). The attached Annual Report can also be downloaded from the Company's website, www.flexlng.com/category/annual-reports/ and is available on the website of the Commission, www.sec.gov.

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

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 exercised its first extension option.

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

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, 2024.

Flex LNG - Ex Date Q4 2023

The LNG market seems oversupplied, considering the record-high order book. Going deeper, however, reveals growth potential. FLEX LNG is one of the best ways to play those dynamics. The company has a young fleet equipped with the last generation of power plants. Having a new fleet pays off. FLNG has superior margins, an 81.1% gross margin, and a 76.2% EBITDA margin. FLNG has leveraged its capital structure due to its intensive capital investments.

FLEX LNG: Quality Fleet, Superior Margins, And Attractive Yields

FLEX LNG's Q4 earnings were steady, with slightly improved results versus Q3. The LNG transport market is facing challenges due to increased vessel supply and potential delays in new LNG projects. While its spot exposure will increase temporarily, FLNG chartered vessels still offer a ballast in a more difficult LNG shipping market.

FLEX LNG: LNG Terminal Pause Adds Some Risk

FLEX LNG Ltd. (FLNG) Q4 2023 Earnings Call Transcript

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 (09:00 a.m.

Flex LNG - Fourth Quarter 2023 Presentation

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.

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

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.

Flex LNG - Fourth Quarter 2023 Earnings Release

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, on or about 07:00 CET (1:00 a.m. ET). In connection with the earnings release, a live video webcast will be held at 15:00 CET (9:00 a.m.

Flex LNG - Invitation to the Q4 2023 presentation

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

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

Borr Drilling Ltd

With tightening of monetary policies, global GDP growth has decelerated. This has resulted in a correction for oil as demand has declined on a relative basis.

3 Under-the-Radar Oil & Gas Stocks for 100% Returns by 2025

Cool Co Ltd

Capital Product Partners

Chevron

Dynagas LNG Partners LP

Excelerate Energy Inc

Golar LNG

New Fortress Energy

Shell PLC

The LNG shipping sector represented by the UP World LNG Shipping Index (UPI) gained 4.20% in Q4 2023, compared to the S&P 500 index's gain of 11.24%.

Another Great Quarter And Year For LNG Shippers

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 extension option.

Flex LNG - Redelivery of Flex Constellation in 2024

Avance Gas Holding Ltd

Frontline

What's one of the best ways to start the new year? From an investment perspective, consider exposure to stocks with dividend yield over 10%.

3 Stocks With a Dividend Yield Over 10% for High Total Returns

Agnico Eagle Mines

Amcor Plc

Amdocs

Southern Copper

AT&T

The correlation between risk and returns is one of the fundamental facts about asset markets. Higher the risk, higher is the possibility of robust returns.

High Return Hunt: 7 Dividend Stocks Offering Undiscovered Value

FLNG's Q3 results once again showed the consistent nature of this LNG shipper. Given its contract structure, FLNG is set to provide steady results over the next several years. FLNG trades at a discount to what it would cost to replicate its young fleet, leaving some potential upside to the stock to go along with an over 10% yield.

FLEX LNG: Consistency Is Key

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.

Flex LNG - Ex Date Q3 2023

Europe's switch to LNG supply sources from Russia has increased demand for LNG shipping, leading to higher shipping rates. FLEX LNG Ltd. has a strong fleet with long-term charter contracts and has been able to lock in higher charter rates. FLEX LNG has been increasing its dividends and currently offers a base dividend yield of 9.58%, with a total yield of around 10%.

FLEX LNG: 10% Yield, Special Dividend Declared

Cheniere Energy

In the global push for cleaner energy sources, the role of natural gas should not be ignored. As compared to burning coal or oil, natural gas is a cleaner fuel as it produces fewer air pollutants like sulphur dioxide and particulates.

The 3 Best Natural Gas Stocks Fueling Energy Needs (and Your Portfolio)

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 available on our web page www.flexlng.com For further information, please contact: Knut TraaholtChief Financial OfficerFlex LNG Management ASTelephone: +47 23 11 40 00Email: IR@flexlng.com About Flex LNGFlex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG).

Flex LNG - Presentation at the Danske Bank Gas Seminar

Flex LNG (FLNG) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.79 per share a year ago.

Flex LNG (FLNG) Q3 Earnings and Revenues Beat Estimates

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 Euronext VPS will be distributed in NOK.Last day including right: November 24, 2023Ex-date: November 27, 2023Record date: November 28, 2023Payment date: On or about December 5, 2023.

News for Flex Lng Ltd Stock (FLNG)