FLNG News and Press, FLEX LNG Ltd. From 02/14/23

Flex LNG ( NYSE: FLNG ) declares $1.00/share quarterly dividend , 33.3% increase from prior dividend of $0.75. Forward yield 12.08% Payable March 7; for shareholders of record Feb. 23; ex-div Feb. 22. See FLNG Dividend Scorecard, Yield Chart, & Dividend Growt...

Flex LNG press release ( NYSE: FLNG ): Q4 Non-GAAP EPS of $1.02 beats by $0.38 . Revenue of $97.9M (-14.6% Y/Y) beats by $2.73M . Average Time Charter Equivalent rate of $81,699 per day for the fourth quarter 2022, compared to $75,941 per day for the third quarter 2022...

Flex LNG ( NYSE: FLNG ) is scheduled to announce Q4 earnings results on Tuesday, February 14th, before market open. The consensus EPS Estimate is $0.64 (-45.8% Y/Y) and the consensus Revenue Estimate is $95.25M (-16.9% Y/Y). Over the last 2 years, FLNG has beaten EPS estimat...

Each year, Fortune magazine puts out a list of the 100 Fastest-Growing Companies in the world. They must be publicly traded on a major U.S. stock exchange, report data in U.S. dollars, and meet a few other criteria, including growing their revenue and earnings per share by at least 20...

Summary Excelerate Energy is the largest owner/operator of FSRU units in the world. These vessels are necessary for the LNG trade as they convert the compound back into a usable form. The company enjoys stable revenues and significant growth potential, courtesy of its business model...

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. ...