FLNG - Flex LNG: The Growth Story The Market Has Been Ignoring

Oslo- and New York-listed Flex LNG Ltd. (FLNG), which is about to more than double annual revenue in 2020-2021 despite softness in the energy markets, had been severely battered by the bearish sentiment in the oil industry in March. Another downside catalyst was poor first-quarter results marred by significant revenue decline. The share price cratered, extending an almost year-and-half incessant decline, and, despite the two-months-long recovery, it is still materially lower than in early January 2020.

For a broader context, while revenue has been climbing higher and higher, the stock price peaked in