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FLNG News and Press, FLEX LNG Ltd. From 08/24/22

Stock Information

Company Name: FLEX LNG Ltd.
Stock Symbol: FLNG
Market: NYSE
Website: flexlng.com

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FLNG - Flex LNG reports Q2 earnings miss; sees Q3 revenue of ~$90M below estimates

Flex LNG press release ( NYSE: FLNG ): Q2 Non-GAAP EPS of $0.61 misses by $0.09 . Revenue of $84.16M (+27.8% Y/Y) misses by $0.21M . Average Time Charter Equivalent rate of $70,707 per day for the second quarter 2022, compared to $62,627 per day for the first q...

FLNG - Shares of FLEX LNG Ltd. (FLNG) Exceed 52-Week High

Shares of FLEX LNG Ltd. (NYSE:FLNG) traded today at $34.66, eclipsing its 52-week high. Approximately 99,000 shares have changed hands today, as compared to an average 30-day volume of 368,000 shares. In the past 52 weeks, FLEX LNG Ltd. share prices are bracketed by a low of $12.08 and a...

FLNG - Shares of FLEX LNG Ltd. (FLNG) Rise Above Previous 52-Week High

FLEX LNG Ltd. (NYSE:FLNG) traded today at a new 52-week high of $33.49. So far today approximately 98,000 shares have been exchanged, as compared to an average 30-day volume of 376,000 shares. In the past 52 weeks, shares of FLEX LNG Ltd. have traded between a low of $12.08 and a high of...

FLNG - Flex LNG - Market, Employment and Revenue Update July 2022

July 6, 2022 Hamilton, Bermuda Flex LNG updates on the market, employment and revenue guidance Flex LNG Ltd. ("Flex LNG" or the "Company") will be providing an update on employment, adjusted revenue guidance and the general market during a presentation at Arctic Securiti...

FLNG - Flex LNG: 10% Yield, Benefits From Supply Chain Disruption, 54-Year Contract Backlog

FLNG yields 10.5%, with a 69% payout ratio. It has paid three $.75/share quarterly dividends in a row. It just signed 4 long term charters, adding $750M to its backlog, which is now a minimum of 54 years. FLNG has long-term tailwinds in the LNG market, with Europe switching to...

FLNG - Flex LNG among Energy/Material gainers; Intrepid Potash and Century Aluminum among losers

Gainers: Azure Power Global (AZRE) +23%. Heliogen (HLGN) +13%. Cadiz (CDZI) +12%. Flex LNG (FLNG) +8%. Worthington Industries (WOR) +8%. Losers: Mesa Royalty Trust (MTR) -20%. Advent Technologies Holdings (ADN) -20%. Century Aluminum (CENX) -18%. Hallador Energy (HNRG) -16%. Intrepi...

FLNG - Flex LNG secures 24 years of contract backlog for three LNG carriers

Flex LNG (NYSE:FLNG) said on Wednesday that it enters into new Time Charter agreements subject to final documentation and customary closing conditions for Flex Rainbow, Flex Enterprise and Flex Amber. Flex LNG and the Charterer of Flex Enterprise and Flex Amber, a supermajor, have agreed to r...

FLNG - Flex LNG - Announce 24 years of new contract backlog for three LNG carriers

June 23, 2022 Hamilton, Bermuda. Flex LNG a grees 24 year s of backlog for three LNG carriers Flex LNG, Ltd. (“Flex LNG” or the “Company”) (OSE/NYSE: FLNG) is pleased to announce new Time Charter Agreements for Flex Rainbow, ...

FLNG - Flex LNG - Market Update Presentation

June 21, 2022 Hamilton, Bermuda Flex LNG will be attending the Marine Money conference in New York this week. Please find attached the presentation which will be presented at the 4 th Credit Agricole Shipping Conference and used in various investor relations meetings. The pres...

FLNG - Shipping And Oil Sector Selloffs? Buy Flex LNG

FLEX LNG sold off more than 10% on Wednesday amidst a broader shipping sector selloff. This isn't the first time this has happened and LNG carriers often get swept up in oil swings. Despite this, the environment for LNG carriers is better than ever and these selloffs are great buy...

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