FLNG Stock Overview
Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 1/6 |
Past Performance | 2/6 |
Financial Health | 1/6 |
Dividends | 2/6 |
FLEX LNG Ltd. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$28.65 |
52 Week High | US$33.33 |
52 Week Low | US$24.16 |
Beta | 0.68 |
1 Month Change | 6.82% |
3 Month Change | 12.84% |
1 Year Change | -6.07% |
3 Year Change | 98.68% |
5 Year Change | 146.98% |
Change since IPO | 2,411.18% |
Recent News & Updates
FLEX LNG: Steady Amid Market Uncertainty, But Not A Buy
May 23FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks
May 08Recent updates
FLEX LNG: Steady Amid Market Uncertainty, But Not A Buy
May 23FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks
May 08FLEX LNG: Bet On Resilient Demand For LNG Carriers
Apr 17FLEX LNG Q4: Bankable Dividend In Turbulent Waters
Mar 13Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden
Feb 23FLEX LNG: LNG Terminal Pause Adds Some Risk
Feb 09FLEX LNG (NYSE:FLNG) Is Experiencing Growth In Returns On Capital
Jan 27Investors Aren't Entirely Convinced By FLEX LNG Ltd.'s (NYSE:FLNG) Earnings
Jan 08FLEX LNG: Consistency Is Key
Dec 12FLEX LNG: 10% Yield, Special Dividend Declared
Nov 24Is There An Opportunity With FLEX LNG Ltd.'s (NYSE:FLNG) 25% Undervaluation?
Nov 07FLEX LNG: Lower Spot Freight Rates Weigh On Share Price
Oct 10Not Many Are Piling Into FLEX LNG Ltd. (NYSE:FLNG) Just Yet
Oct 03FLEX LNG: Upgrading To 'Buy' As Vessel Values Increase
Sep 27FLEX LNG (NYSE:FLNG) Is Doing The Right Things To Multiply Its Share Price
Sep 05FLEX LNG: 10% Yield, Industry Tailwinds
Aug 20FLEX LNG: A Promising LNG Shipper
Jun 20FLEX LNG Ltd. (NYSE:FLNG) Shares Could Be 24% Above Their Intrinsic Value Estimate
Jun 16FLEX LNG: 9% Yield, Strong Q1 Earnings, Tailwinds
May 26Flex LNG Q4 2022 Earnings Preview
Feb 13FLEX LNG: A High Yield Floating Pipeline
Feb 01Flex LNG Q3 2022 Earnings Preview
Nov 14FLEX LNG: Energy Crisis Likely Not Fully Baked In
Sep 22Flex LNG reports Q2 earnings miss; sees Q3 revenue of ~$90M below estimates
Aug 24Flex LNG: 10% Yield, Benefits From Supply Chain Disruption, 54-Year Contract Backlog
Jun 26Shipping And Oil Sector Selloffs? Buy Flex LNG
Jun 09Flex LNG: An 11% Yield To Sail Through Rough Markets
May 16Flex LNG Stock: High Yield And Solid Demand Outlook In Europe Make It A Strong Buy
Mar 10Flex LNG Is Only For High-Risk Investors
Feb 14Flex LNG: Great Quarter And A 13% Dividend Yield
Nov 22Flex LNG: Already Fully Priced For Boom-Time Earnings, Significant Downside Risks
Oct 25Flex LNG: Surging Cash Flows And Dividends (Podcast Transcript)
Aug 12Flex LNG: Expect Even Higher Dividends
Jun 26Flex LNG: Higher Dividends + Higher Leverage = More Pain In The Future
Jun 09Shareholder Returns
FLNG | US Oil and Gas | US Market | |
---|---|---|---|
7D | 0.03% | -2.3% | -0.6% |
1Y | -6.1% | 13.6% | 21.7% |
Return vs Industry: FLNG underperformed the US Oil and Gas industry which returned 13.6% over the past year.
Return vs Market: FLNG underperformed the US Market which returned 21.7% over the past year.
Price Volatility
FLNG volatility | |
---|---|
FLNG Average Weekly Movement | 2.3% |
Oil and Gas Industry Average Movement | 4.7% |
Market Average Movement | 5.8% |
10% most volatile stocks in US Market | 15.6% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: FLNG has not had significant price volatility in the past 3 months.
Volatility Over Time: FLNG's weekly volatility (2%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2006 | 10 | Oystein Kalleklev | www.flexlng.com |
Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. Flex LNG Ltd.
FLEX LNG Ltd. Fundamentals Summary
FLNG fundamental statistics | |
---|---|
Market cap | US$1.54b |
Earnings (TTM) | US$136.73m |
Revenue (TTM) | US$368.78m |
11.3x
P/E Ratio4.2x
P/S RatioIs FLNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
FLNG income statement (TTM) | |
---|---|
Revenue | US$368.78m |
Cost of Revenue | US$71.29m |
Gross Profit | US$297.49m |
Other Expenses | US$160.76m |
Earnings | US$136.73m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 30, 2024
Earnings per share (EPS) | 2.54 |
Gross Margin | 80.67% |
Net Profit Margin | 37.08% |
Debt/Equity Ratio | 105.6% |
How did FLNG perform over the long term?
See historical performance and comparisonDividends
10.9%
Current Dividend Yield118%
Payout RatioDoes FLNG pay a reliable dividends?
See FLNG dividend history and benchmarksFLEX LNG dividend dates | |
---|---|
Ex Dividend Date | Jun 10 2024 |
Dividend Pay Date | Jun 21 2024 |
Days until Ex dividend | 4 days |
Days until Dividend pay date | 15 days |
Does FLNG pay a reliable dividends?
See FLNG dividend history and benchmarks