Ship Finance

SFL Corp. Ltd. engages in the ownership and operation of vessels and offshore related assets. It is also involved in the charter, purchase, and sale of assets. The firm operates through subsidiaries located in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands. The company was founded on October 10, 2003 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Ship Finance (SFL) posts strong Q4 earnings, eyes offshore market

Ship Finance (SFL) delivered robust financial results in Q4 2022, showcasing revenue growth, profitability, and a commitment to shareholder returns.
With a strong balance sheet, diversified fleet, and focus on sustainability, the company is well-positioned to navigate industry challenges and capitalize on growth opportunities.
Investors can find confidence in Ship Finance's performance, strategic initiatives, and positive market outlook, underlining its resilience and potential for long-term value creation.

Ship Finance (SFL) posts strong Q1 results, eyes sustainable growth

Ship Finance (SFL) delivered a strong performance in Q1 2023, with solid charter revenues, strategic investments, and a focus on operational efficiency. The company's financial stability, dividend policy, and fleet optimization efforts underscore its resilience and long-term growth potential.
While facing challenges related to market uncertainties and sustainability requirements, Ship Finance remains proactive in addressing operational risks and optimizing its capital structure. The company's commitment to shareholder value, market opportunities, and sustainable growth positions it well for future success.
With a robust backlog, new contract wins, and a prudent financial strategy, Ship Finance is poised to navigate industry challenges and capitalize on emerging opportunities. By leveraging its strengths in asset management and market insights, the company can drive sustainable growth and value creation for stakeholders.

Ship Finance (SFL) reports solid Q2 earnings, eyes growth opportunities

Ship Finance (SFL) delivered strong financial results in Q2 2023, supported by a robust charter backlog and strategic fleet enhancements.
While facing short-term challenges like cost carryovers and regulatory uncertainties, the company remains focused on growth opportunities in new contracts and vessel operations.
Investors can expect improved performance in Q3, driven by the drilling rig's operations and the container segment's efficiency and high utilization rates.

Ship Finance (SFL) reports robust Q3 performance and strategic growth

Ship Finance's Q3 earnings call highlighted solid financial performance, strategic initiatives, and a positive outlook supported by a strong charter backlog and dividend increase.
While facing operational challenges and complexities, the company showcased resilience and adaptability, positioning itself for sustainable growth and value creation.
By focusing on ESG initiatives, managing operational expenses, and exploring new opportunities, Ship Finance aims to navigate challenges and capitalize on growth prospects in the maritime industry.

Ship Finance (SFL) posts strong Q4 results, eyes growth opportunities

Ship Finance (SFL) delivered robust financials, maintained dividend streak, and focused on long-term charters for stability.
Strategic fleet composition, ESG initiatives, and financial strength position the company well for future growth.
Challenges in the dry bulk segment and market uncertainties require prudent capital deployment and operational efficiency.

Ship Finance (SFL) posts strong Q1 earnings, eyes growth opportunities

Ship Finance (SFL) delivered robust financial results, showcasing resilience and strategic growth initiatives in a dynamic market environment.
While facing industry challenges and uncertainties, the company's transparent financial reporting and proactive management approach position it well to capitalize on opportunities and navigate potential risks.
Investors can find confidence in Ship Finance (SFL)'s strong performance, diversified asset base, and strategic focus on long-term value creation, supported by a clear dividend strategy and growth-oriented acquisitions.

Ship Finance (SFL) reports strong Q2 earnings, eyes growth opportunities

Ship Finance (SFL) delivered a robust performance in Q2 2024, driven by strong revenues, EBITDA equivalent cash flow, and net income. With a significant fixed rate backlog and diversified fleet, SFL remains well-positioned to navigate market challenges and capitalize on growth opportunities.

Ship Finance (SFL) reports strong Q3 earnings and growth opportunities

Ship Finance (SFL) delivered a robust performance in Q3 2024, demonstrating financial strength, operational efficiency, and strategic investments in fleet expansion.
While facing challenges related to revenue recognition complexities and managing older vessels, the company remains well-positioned to capitalize on growth opportunities in the maritime industry.
By focusing on financial stability, operational excellence, and strategic growth initiatives, Ship Finance aims to sustain its competitive edge and drive long-term value for shareholders.

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SFL Corporation Ltd. (NYSE:SFL ) Q1 2023 Earnings Conference Call May 15, 2023 10:00 AM ET Company Participants Ole Hjertaker - CEO Aksel Olesen - CFO Conference Call Participants Sherif Elmaghrabi - BTIG Richard Diamond - Castlewood Capital Climent Molins - Value Investor's Edge Operator Good day and thank you for standing by.

SFL Corporation Ltd. (SFL) Q1 2023 Earnings Call Transcript

Please find enclosed the presentation of the preliminary first quarter results to be held May 15, 2023, in the link below. Attachment SFL - First Quarter 2023 Results Presentation

SFL - First Quarter 2023 Results Presentation

Preliminary Q 1 202 3 results and quarterly cash dividend of $0.24 per share

SFL - First Quarter 2023 Results

SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the first quarter of 2023 on Monday, May 15, 2023.

SFL - Invitation to Presentation of Q1 2023 Results

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) advises that the 2023 Annual General Meeting of the Company was held on May 8, 2023, at 13:30 hours at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2022, were presented to the Meeting.

SFL - 2023 AGM Results Notification

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has signed a contract with a subsidiary of Galp Energia for the harsh environment semi-submersible rig Hercules with an estimated contract value of approximately $50 million.

SFL - New Contract for Semi-Submersible Rig Hercules

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the "Company") announces that it has sold and delivered the 2010-built suezmax tanker Everbright to an unrelated third party. The net sale proceeds to SFL are approximately $41.1 million, and the vessel was debt free at the end of the first quarter. A book gain of approximately $6.4 million is expected to be recorded in the second quarter as a result of the sale.

SFL - Sale of suezmax tanker

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the "Company") announces that it has agreed to sell the two 2008-built chemical tankers SFL Weser and SFL Elbe to an unrelated third party. The sales proceeds to SFL are approximately $19.5 million for the debt free vessels. Both vessels have been employed in the spot market the last two years and delivery of the vessels to the buyer is expected to take place in the second quarter. A book impairment of approximately $7 million is expected to be recorded in the first quarter relating to the sales.

SFL - Sale of suexmax and chemical tankers

SFL recently raised its quarterly dividend by 4.3%. However, the share price has sold off recently due to general market turbulence, falling by more than 10% over the past month. The share price drop, in combination with an increased dividend, has led to an elevated, but sustainable, dividend yield of 10.3%.

SFL Corporation Continues To Increase Its Dividend: Expect More To Come

SFL Corporation yields 10.42%, with a solid 55% dividend payout ratio. Its diverse fleet's charters run from 5 to 9 years.

SFL Corporation: 10% Yield On Long-Term Charters

Ardmore Shipping

International Seaways

The Zacks Industry Rank for the Transportation-Shipping industry paints a dull picture. Braving the industry headwinds are three stocks, INSW, SFL and ASC, which you might consider adding to your portfolio.

3 Shipping Stocks to Bet on Despite Industry Challenges

SFL Corporation Ltd. (NYSE:SFL ) Q4 2022 Earnings Conference Call February 15, 2023 10:00 AM ET Company Participants Ole Hjertaker - Chief Executive Officer Aksel Olesen - Chief Financial Officer Trym Sjølie - Chief Operating Officer Conference Call Participants Greg Lewis - BTIG Ole Hjertaker Thank you.

SFL Corporation Ltd. (SFL) Q4 2022 Earnings Call Transcript

Please find enclosed the presentation of the preliminary fourth quarter results to be held February 15, 2023, in the link below.

SFL - Fourth Quarter 2022 Results Presentation

Preliminary Q4 2022 results and increased quarterly cash dividend of $0.24 per share

SFL - Fourth Quarter 2022 Results

SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the fourth quarter of 2022 on Wednesday, February 15, 2023.

SFL - Invitation to Presentation of Q4 2022 Results

In our last article in November last year, we continued our line of 7 consecutive Buy stances on SFL Corporation (NYSE:SFL). We need to go back to the middle of May 2020 to find our last Hold stance.

We Put To Rest Our Concern About SFL's Large Container Fleet

SFL Corporation has demonstrated a remarkable track record in the shipping industry, consistently paying attractive dividends every quarter since 2004. SFL generates cash flows that comfortably cover its dividends while also allowing room for future growth.

SFL Corporation: A Sustainable ~10% Yield, Covered By Long-Term Contracts

SFL Corporation Ltd (NYSE:SFL ) Q3 2022 Earnings Conference Call November 14, 2022 10:00 AM ET Company Participants Aksel Olesen - CFO Ole Hjertaker - CEO Conference Call Participants Ole Hjertaker Hi, everyone, and welcome to SFL's third quarter conference call. We do apologize for the problems with our service provider who has delayed the call now for more than 20 minutes.

SFL Corporation Ltd (SFL) Q3 2022 Earnings Call Transcript

SFL Corporation (SFL) delivered earnings and revenue surprises of 21.74% and 15.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

SFL Corporation (SFL) Q3 Earnings and Revenues Beat Estimates

Preliminary Q 3 2022 results and quarterly cash dividend of $0.2 3 per share

SFL - Third Quarter 2022 Results

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

SFL - Acquisition of Car Carrier with long term charter

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Xerox

SFL, XRX and PHX made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 13, 2022.

Best Income Stocks to Buy for October 13th

SFL Corporation (SFL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes SFL Corporation (SFL) a New Strong Buy Stock

PennantPark Floating Rate Capital

PHX, SFL and PFLT made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 5, 2022.

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SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) advises that the 2022 Annual General Meeting of the Company was held on September 30, 2022, at 09:00 a.m. at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2021, were presented to the Meeting.In addition, the following resolutions were passed: 1. To set the maximum number of Directors to be not more than eight.

News for Ship Finance Stock (SFL)