Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of March 15, 2021, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and three generation X dual fuel LNG carriers. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.
IPO Year: 2019
Exchange: NYSE
Website: flexlng.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/14/2024 | $24.00 | Underperform → Hold | Jefferies |
2/27/2024 | $32.00 → $23.00 | Hold → Underperform | Jefferies |
2/16/2023 | Buy → Hold | Danske Bank | |
7/21/2022 | $26.00 | Hold | Jefferies |
HAMILTON, Bermuda, Jan. 21, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the fourth quarter of 2024 on Tuesday February 4, 2025, 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. ET) on the same day. In order to attend, use the following link to register and watch the webcast: Link to register and watch webcast We encourage listeners to register for the webcast 5-10 minutes prior to start. A Q&A session will be held after the presentation. Information on how to submit questions will be given at the beginning of the presentation. You can a
Capital Link Releases Shipping Sectors Webinar Highlights Booklet Your 2025 Guide to Shipping Industry Trends NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Capital Link is pleased to announce the release of the Shipping Sector Webinar Highlights Booklet, titled "SHIPPING: STATE OF PLAY & WHAT LIES AHEAD", a resource that distills top insights from the 2024 Shipping Sector Webinar Series held in December 2024. Featuring leadership insights from senior executives of publicly listed shipping companies, the booklet provides a comprehensive analysis of the trends shaping the future of global shipping. Focusing on six main sectors, Dry Bulk, Containers, Crude Tankers, Product Tankers, LNG and
HAMILTON, Bermuda, Dec. 10, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG") (NYSE/OSE: FLNG) will conduct various investor meetings this week. The presentation used is attached hereto and is also available on our web page. For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected] About FLEX LNG Flex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG). Our fleet consists of thirteen LNG carriers on the water and all of our vessels are state-of-the-art ships with the latest generation two-stroke propulsion (MEGI and X-DF). These modern ships offer significant im
HAMILTON, Bermuda, Nov. 29, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE:FLNG) (OSE: FLNG) is pleased to announce it has agreed a new Time Charter Agreement ("TC") for Flex Constellation for 15-years. Commencement of the charter will occur during the first or second quarter of 2026 with maturity in 2041. The TC also include an extension option for the charterer until 2043. Flex Constellation, built 2019, is a advanced 173,400 cbm LNG carrier with ME-GI two stroke propulsion and partial reliquefaction system (PRS) making her ideal for the current requirements. She is currently on a 10-month TC with a large Asian utility and asset backed LNG trader until end of first
LPG Shipping Sector: Monday, December 2, 2024, at 10:00 AM ETContainers Shipping Sector: Tuesday, December 3, 2024, at 10:00 AM ETProduct Tankers Sector: Thursday, December 5, 2024, at 9:00 AM ETDry Bulk Shipping Sector: Wednesday, December 11, 2024, at 11:00 AM ETCrude Tankers Shipping Sector: Thursday, December 12, 2024, at 10:00 AM ETLNG Shipping Sector: Tuesday, December 17, 2024, at 10:00 AM ET NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Capital Link invites you to join its December 2024 Shipping Sectors Webinar Series, featuring senior executives from leading publicly listed companies across the LNG, LPG, Dry Bulk, Crude Oil, and Product Tanker sectors. These live discussions will
HAMILTON, Bermuda, Nov. 26, 2024 /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, November 26, 2024. The dividend will be paid to shareholders on OSE on or about December 16, 2024. The shares traded on the New York Stock Exchange ("NYSE") will be traded ex dividend of USD 0.75 per share on November 27, 2024. The dividend will be paid to shareholders on NYSE on or about December 11, 2024. For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected] A
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024. Highlights: * Vessel operating revenues of $90.5 million for the third quarter 2024, compared to $84.7 million for the second quarter 2024. * Net income of $17.4 million and basic earnings per share of $0.32 for the third quarter 2024, compared to net income of $21.8 million and basic earnings per share of $0.41 for the second quarter 2024. * Average Time Charter Equivalent ("TCE") rate of $75,426 per day for the third quarter 2024, compared to $72,385 per day for the second quarter 2024. * Adjusted EBITDA
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the third quarter 2024. The distribution will be made from the Company's Contributed Surplus Account. Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange ("NYSE") will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange ("OSE") will continue to settle its trades on a T+2 basis. As a result, there will be different dates between the two stock exchanges, as set out below. During these interim days, investors may be restri
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s third quarter 2024 results which will be presented in a live video webcast today at 15:00 CET (09:00 a.m. EST). In order to watch the webcast, use the following link: Third Quarter 2024 Earnings Presentation A Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session. In conjunction with the quarterly results, we have published a short teaser with the highlights of the second quarter. The video can be accessed through the following link: YouTube Link The short video and the third quarter 2024 presentation can also be
HAMILTON, Bermuda, Nov. 7, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE:FLNG) (OSE: FLNG) is pleased to announce it has agreed with the Charterer of Flex Courageous and Flex Resolute, a Supermajor, to amend the existing Time Charter Agreements ("TC") for the two LNG carriers where the parties have agreed a new firm period from 2029 to 2032 which may be extended by an additional seven years in total until 2039. As communicated by the Company on November 1, 2021, Flex LNG and the Charterer then agreed TCs for the two ships with commencement during the first quarter of 2022 where the firm period was three years for each of the LNG carriers and where the Charterer could
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
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6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
HAMILTON, Bermuda, Nov. 26, 2024 /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, November 26, 2024. The dividend will be paid to shareholders on OSE on or about December 16, 2024. The shares traded on the New York Stock Exchange ("NYSE") will be traded ex dividend of USD 0.75 per share on November 27, 2024. The dividend will be paid to shareholders on NYSE on or about December 11, 2024. For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected] A
HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024. Highlights: * Vessel operating revenues of $90.5 million for the third quarter 2024, compared to $84.7 million for the second quarter 2024. * Net income of $17.4 million and basic earnings per share of $0.32 for the third quarter 2024, compared to net income of $21.8 million and basic earnings per share of $0.41 for the second quarter 2024. * Average Time Charter Equivalent ("TCE") rate of $75,426 per day for the third quarter 2024, compared to $72,385 per day for the second quarter 2024. * Adjusted EBITDA
HAMILTON, Bermuda, Aug. 28, 2024 /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, August 28, 2024. The dividend will be paid to shareholders on OSE on or about September 17, 2024. The shares traded on the New York Stock Exchange ("NYSE") will be traded ex dividend of USD 0.75 per share on August 29, 2024. The dividend will be paid to shareholders on NYSE on or about September 12, 2024. For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected] Ab
HAMILTON, Bermuda, Aug. 14, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the six months ended June 30, 2024. Highlights: Vessel operating revenues of $84.7 million for the second quarter 2024, compared to $90.2 million for the first quarter 2024.Net income of $21.8 million and basic earnings per share of $0.41 for the second quarter 2024, compared to net income of $33.2 million and basic earnings per share of $0.62 for the first quarter 2024.Average Time Charter Equivalent ("TCE") rate of $72,385 per day for the second quarter 2024, compared to $76,539 per day for the first quarter 2024.Adjusted EBITDA of $63.2 million
HAMILTON, Bermuda, June 7, 2024 /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, June 7, 2024. The dividend will be paid to shareholders on OSE on or about June 26, 2024. The shares traded on the New York Stock Exchange ("NYSE") will be traded ex dividend of USD 0.75 per share on June 10, 2024. The dividend will be paid to shareholders on NYSE on or about June 21, 2024. For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected] About Flex LNG Flex
HAMILTON, Bermuda, May 23, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the three months ended March 31, 2024. Highlights: Vessel operating revenues of $90.2 million for the first quarter 2024, compared to $97.2 million for the fourth quarter 2023.Net income of $33.2 million and basic earnings per share of $0.62 for the first quarter 2024, compared to net income of $19.4 million and basic earnings per share of $0.36 for the fourth quarter 2023.Average Time Charter Equivalent ("TCE") rate of $76,539 per day for the first quarter 2024, compared to $81,114 per day for the fourth quarter 2023.Adjusted EBITDA of $70.6 millio
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. The dividend will be paid on or about March 5, 2024. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about March 8, 2024. For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: [email protected] About Flex LNG Flex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG). Our fleet consists of thirte
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. Dividend amount: $0.75Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK.Last day including right: February 21, 2024Ex-date: February 22, 2024Record date: February 23, 2024Payment date: On or about March 5, 2024. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about March 8, 2024.Date of approval: February 6, 2024 For more info please contact: Knut Traaholt, Chief Financial Officer of Flex LNG
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. Highlights: Vessel operating revenues of $97.2 million for the fourth quarter 2023, compared to $94.6 million for the third quarter 2023.Net income of $19.4 million and basic earnings per share of $0.36 for the fourth quarter 2023, compared to net income of $45.1 million and basic earnings per share of $0.84 for the third quarter 2023.Average Time Charter Equivalent ("TCE") rate of $81,114 per day for the fourth quarter 2023, compared to $79,207 per day for the third quarter 2023.Adjusted EBITDA of
LNGG tracks the Alerian Liquefied Natural Gas Index, providing access to leading companies across the Liquefied Natural Gas (LNG) value chain. LNGG is the world's first dedicated LNG ETF. NEW YORK, Sept. 22, 2023 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Alerian LNG ETF (LNGG), which begins trading on the NYSE Arca today. LNGG is the world's first dedicated LNG ETF. "LNG represents a transformative frontier in the energy sector, and its growth trajectory is evident from it
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Jefferies upgraded FLEX LNG from Underperform to Hold and set a new price target of $24.00
Jefferies downgraded FLEX LNG from Hold to Underperform and set a new price target of $23.00 from $32.00 previously
Danske Bank downgraded FLEX LNG from Buy to Hold
Jefferies initiated coverage of FLEX LNG with a rating of Hold and set a new price target of $26.00
BTIG downgraded Flex LNG from Buy to Neutral
Danske downgraded Flex LNG from Buy to Hold
Danske upgraded Flex LNG from Hold to Buy
Kepler Capital Markets resumed coverage of Flex LNG with a rating of Buy