FLNG News and Press, FLEX LNG Ltd. From 01/06/23

Summary Flex has had a great 6 months as its OEM manufacture partnerships have performed well in a difficult market. With major investments in equipment for renewables, electric cars, and automation, Flex is well-positioned to benefit from a world in transition in energy and transport. ...

The following slide deck was published by FLEX LNG Ltd. in conjunction with their 2022 Q3 earnings call. For further details see: FLEX LNG Ltd. 2022 Q3 - Results - Earnings Call Presentation

FLEX LNG Ltd. (FLNG) Q3 2022 Results Conference Call November 15, 2022 09:00 AM ET Company Participants Oystein Kalleklev - CEO Knut Traaholt - CFO Conference Call Participants Omar Nokta - Jefferies Anders Karlsen - Kepler Cheuvreux Presentatio...

Flex LNG ( NYSE: FLNG ) stock fell sharply on Tuesday despite guiding for current quarter above the consensus mark, alongside easy earnings beat in Q3 2022 . The company posted vessel operating revenue of $91.3M (+11.6% Y/Y), beating estimates by $0.12M . Avera...

Flex LNG press release ( NYSE: FLNG ): Q3 Non-GAAP EPS of $0.79 beats by $0.04 . Vessel operating revenue of $91.3M (+11.6% Y/Y) beats by $0.12M . Average Time Charter Equivalent rate of $75,941 per day for the third quarter 2022, compared to $70,707 per day fo...

Flex LNG ( NYSE: FLNG ) is scheduled to announce Q3 earnings results on Tuesday, Nov. 15, before market open. The consensus EPS estimate is $0.75 (+25% Y/Y) and the consensus revenue estimate is $91.1M (+11.4% Y/Y). Over the last 2 years, FLNG has beaten EPS estimate...

Summary After resisting the bear cycle this year better than any other sector, the energy sector has now been subjected to the same investor panic. S&P’s Sector SPDR Energy Sector was the worst performer last week, falling 10%. Crude oil futures for West Texas Inter...

Summary FLEX LNG currently has a combination of long-term tailwinds and short-term catalysts that may push the share price higher. Adoption and consumption of natural gas, fleet age and efficiency, and management are the durable drivers for the company. The European energy cri...

Summary FLEX LNG reported phenomenal results on the back of a very strong market for LNG shipping. This quarter saw a tremendous YOY increase in LNG transportation, driven by growing demand out of Europe. The company managed to lock-up all but one of its vessels into long-term...

Summary Management declared another $.75 quarterly dividend, plus a $.50 special dividend. Q2 2022 revenues grew 28% vs. Q2 '21. Adjusted net income rose more than 36%. Its backlog is a minimum of 54 years. FLNG has long-term tailwinds in the LNG market, with Europe switch...