Energy -
Oil & Gas Midstream - NYSE - BM
$ 20.55
0.785 %
$ 1.11 B
Market Cap
9.43
P/E
1. INTRINSIC VALUE
Balance Sheet
FLEX LNG Ltd.
| Current Assets | 474 M |
| Cash & Short-Term Investments | 437 M |
| Receivables | 25.6 M |
| Other Current Assets | 11.6 M |
| Non-Current Assets | 2.19 B |
| Long-Term Investments | 0 |
| PP&E | 2.15 B |
| Other Non-Current Assets | 40.1 M |
| Current Liabilities | 159 M |
| Accounts Payable | 2 M |
| Short-Term Debt | 107 M |
| Other Current Liabilities | 50.1 M |
| Non-Current Liabilities | 1.7 B |
| Long-Term Debt | 1.7 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
FLEX LNG Ltd.
| Revenue | 356 M |
| Cost Of Revenue | 149 M |
| Gross Profit | 208 M |
| Operating Expenses | 9.79 M |
| Operating Income | 198 M |
| Other Expenses | 80.1 M |
| Net Income | 118 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
FLEX LNG Ltd.
| Net Income | 118 M |
| Depreciation & Amortization | 75.5 M |
| Capital Expenditures | -4 K |
| Stock-Based Compensation | 1.06 M |
| Change in Working Capital | -664 K |
| Others | -10.3 M |
| Free Cash Flow | 183 M |
Wall Street Analysts Price Targets
FLEX LNG Ltd.
Wall Street analysts predict an average 1-year price target for FLNG of $24.5 , with forecasts ranging from
a
low of
$24 to a high of $25 .
FLNG Lowest Price Target
Wall Street Target
24 USD
16.79%
FLNG Average Price Target
Wall Street Target
24.5 USD
19.22%
FLNG Highest Price Target
Wall Street Target
25 USD
21.65%
4. DIVIDEND
ANALYSIS
3.28%
DIVIDEND YIELD
0.75 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
FLEX LNG Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
FLEX LNG: Strong Credit Metrics And A 13% Dividend Yield
Initiating coverage on FLEX LNG with a “Hold” rating due to attractive trading levels, strong credit metrics, and a sustainable 13.3% dividend yield. Despite a 10.5% stock price decline in the last 12 months, robust contract coverage and a healthy balance sheet support positive long-term prospects. FLEX's credit metrics are strong with no debt maturities until 2028, positive free cash flows, and compliance with loan covenants.
seekingalpha.com
- 2 weeks ago
Flex LNG - Notice of Annual General Meeting 2025
HAMILTON, Bermuda , March 31, 2025 /PRNewswire/ -- FLEX LNG Ltd (the "Company") (NYSE: FLNG) (OSE: FLNG) advises that the 2025 Annual General Meeting of the Company will be held on 8 May 2025. The record date for voting at the Annual General Meeting is set to 1 April 2025.
prnewswire.com
- 2 weeks ago
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%.
seekingalpha.com
- 1 month ago
3 Shipping Stocks Worth Betting on Despite Industry Headwinds
Following a careful analysis of the Zacks Transportation Shipping industry, we advise betting on stocks like FRO, FLNG and GOGL.
zacks.com
- 1 month ago
Flex LNG - Company presentation March 2025
HAMILTON, Bermuda , March 6, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG") (NYSE: FLNG) (OSE: FLNG) participated in one-on-one investor meetings at the Deutsche Bank 2025 Virtual Shipping Seminar this week, and will host additional investor meetings at DNB's Energy & Shipping Conference 2025 today. The presentation used is attached hereto and is also available on our web page.
prnewswire.com
- 1 month ago
Flex LNG - Filing of 2024 Annual Report on Form 20-F
HAMILTON, Bermuda , Feb. 28, 2025 /PRNewswire/ -- Flex LNG Ltd (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2024 (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.
prnewswire.com
- 1 month ago
Flex LNG - Ex Date Q4 2024
HAMILTON, Bermuda , Feb. 19, 2025 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) traded on Oslo Stock Exchange ("OSE") and registered with Euronext Securities Oslo will trade ex-dividend of USD 0.75 per share as of today, February 19, 2025.
prnewswire.com
- 2 months ago
Eni Rejects Exmar's FLNG Bonus Claim in Congo LNG Dispute
E rejects Exmar's demand for a bonus on the FLNG Tango, a key part of the Congo LNG project, sparking a contractual dispute between the two energy firms.
zacks.com
- 2 months ago
FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025
FLEX LNG Ltd. benefits from long-term charters, insulating it from current low spot market rates and decreased European LNG imports. Despite lower TCE rates and earnings in 2024, FLNG maintains a high dividend yield of 11.55%, with a stable payout ratio. FLNG's valuations are higher than industry averages, leading to a cautious stance on acquiring new shares despite strong dividend coverage.
seekingalpha.com
- 2 months ago
FLEX LNG Ltd. (FLNG) Q4 2024 Earnings Call Transcript
FLEX LNG Ltd. (NYSE:FLNG ) Q4 2024 Earnings Conference Call February 4, 2025 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein Kalleklev Hi, everybody, and welcome to Flex LNG's Fourth Quarter 2024 Result Presentation where we will also go through the numbers for the full year.
seekingalpha.com
- 2 months ago
LNG Shipping Stocks: Sideways Cruises
The UP World LNG Shipping Index (UPI) gained 0.40%, while the S&P 500 lost 1%, reflecting stable market conditions and cold weather in Europe. LNG tankers are diverting from Asia to Europe due to lower gas consumption in Asia and higher demand in Europe. Spot rates for LNG shipping are falling, with rates below operating costs, impacting companies like Awilco LNG and Chevron negatively.
seekingalpha.com
- 2 months ago
Flex LNG - Fourth Quarter 2024 Presentation
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s fourth quarter 2024 results which will be presented in a live video webcast today at 15:00 CET (09:00 a.m.
prnewswire.com
- 2 months ago
8. Profile
Summary
FLEX LNG Ltd. FLNG
COUNTRY
BM
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 1.11 B
Dividend Yield
3.28%
Description
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.
Contact
Par-La-Ville Place, Hamilton, HM08
https://www.flexlng.com
IPO
Date
June 17, 2019
Employees
9
Officers
Mr. Lars Pedersen
Chief Technical Officer of Frontline Management & MD of Flex Fleet Management
Mr. James Ayers
Company Secretary
Mr. Naren Senaratne
Chief Accounting Officer of Flex LNG Management Ltd
Ms. Jannicke Eilertsen
Compliance Officer of Flex LNG Management AS