FLNG News and Press, FLEX LNG Ltd. From 02/01/23

Summary Solid charter coverage provides cash flow visibility in the long term. Resilient free cash flow to firm due to secured revenue backlog and nil newbuild capital expenditure. Anticipated $3.00/share dividend distribution in the next 12 months resulting to a ~10% yield. ...

Summary Electrification of Fortescue mining operations move a step forward with a huge battery (fast-charge 30 minutes) being trialled to power a 240-ton payload vehicle. Turmoil in one of Australia’s largest renewable energy projects, which planned to provide up to 15% of Singap...

Summary The LNG shipping sector, represented by the UP World LNG Shipping Index, gained 45.76% in 2022. Two companies gained over 77%. The LNG shipping sector is finally profiting from years of infrastructure building, which is essential for the global energy supply. Las...

Summary FLNG operates a fleet of 13 modern LNG carriers. These vessels have a backlog of several years due to demand, with sky-high charter rates. FLNG operates with an EBITDA margin of 76%, with this expected to continue. Dividend yield is currently 9% but with scope to increase. W...

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...