View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsFLEX LNG 배당 및 자사주 매입배당 기준 점검 2/6FLEX LNG 은(는) 현재 수익률이 12.11% 인 배당금 지급 회사입니다. 마지막 지급일: 23rd September, 2025 이며 배당락일은 다음과 같습니다. 4th September, 2025.핵심 정보12.1%배당 수익률-0.08%자사주 매입 수익률총 주주 수익률12.0%미래 배당 수익률12.1%배당 성장률30.2%다음 배당 지급일23 Sep 25배당락일04 Sep 25주당 배당금n/a배당 성향164%최근 배당 및 자사주 매입 업데이트Declared Dividend • Aug 24Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 4th September 2025 Payment date: 23rd September 2025 Dividend yield will be 9.3%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (164% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 82% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.공시 • Aug 20FLEX LNG Ltd. (NYSE:FLNG) announces an Equity Buyback for 900,000 shares, for $15 million.Flex LNG Ltd. (OB:FLNG) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares for $15 million. The shares purchased will be held as treasury shares. The repurchase program will end on November 27, 2025.Declared Dividend • May 23First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 5th June 2025 Payment date: 25th June 2025 Dividend yield will be 11%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (157% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 74% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.공시 • May 21Flex LNG Ltd Declares Cash Distribution for the First Quarter 2025, Payable on June 20,2025FLEX LNG Ltd. declared a dividend for the first quarter 2025 of $0.75 per share. The dividend is payable on or about June 20, 2025 to shareholders, on record as of June 6, 2025.Declared Dividend • Feb 06Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 19th February 2025 Payment date: 10th March 2025 Dividend yield will be 8.8%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.공시 • Feb 04Flex LNG Ltd Declares Cash Distribution for the Fourth Quarter 2024, Payable on March 5, 2025, for NYSE Shareholders and March 10, 2025, for OSE ShareholdersFlex LNG Ltd. has announced key information regarding the cash distribution for the fourth quarter of 2024, as detailed on February 4, 2025, from Hamilton, Bermuda. The distribution will be made from the Company's Contributed Surplus For NYSE shareholders, the distribution amount is set at $0.75, with the declared currency being USD. The last day including the right to the distribution is February 19, 2025, followed by the ex-date and record date both on February 20, 2025. The payment date for this distribution is scheduled for March 5, 2025, and the date of approval was February 3, 2025. For OSE shareholders who have shares registered in Euronext Securities Oslo, the distribution amount is also $0.75, with the declared currency being USD, which will be distributed in NOK. The last day including the right for OSE shareholders is February 18, 2025, with the ex-date on February 19, 2025, and the record date on February 20, 2025. The payment date for OSE shareholders is set for March 10, 2025, and similarly, the date of approval was February 3, 2025.모든 업데이트 보기Recent updatesDeclared Dividend • Aug 24Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 4th September 2025 Payment date: 23rd September 2025 Dividend yield will be 9.3%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (164% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 82% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Aug 21Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: US$0.33 (down from US$0.41 in 2Q 2024). Revenue: US$86.0m (up 1.5% from 2Q 2024). Net income: US$17.7m (down 19% from 2Q 2024). Profit margin: 21% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Aug 21+ 1 more updateFLEX LNG Ltd. Reaffirms Earnings Guidance for the Full Year 2025FLEX LNG Ltd. reaffirmed earnings guidance for the full year 2025. For the year, the company reconfirming the full year 2025 guidance of revenues of $350 million to $370 million. The company also reported that it is reaffirming the guidance range of full year 2025 revenues of $340 million to $360 million.공시 • Aug 20FLEX LNG Ltd. (NYSE:FLNG) announces an Equity Buyback for 900,000 shares, for $15 million.Flex LNG Ltd. (OB:FLNG) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares for $15 million. The shares purchased will be held as treasury shares. The repurchase program will end on November 27, 2025.공시 • Aug 06FLEX LNG Ltd. to Report Q2, 2025 Results on Aug 20, 2025FLEX LNG Ltd. announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Aug 20, 2025Declared Dividend • May 23First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 5th June 2025 Payment date: 25th June 2025 Dividend yield will be 11%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (157% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 74% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • May 22First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: US$0.35 (down from US$0.62 in 1Q 2024). Revenue: US$88.4m (down 2.0% from 1Q 2024). Net income: US$18.7m (down 44% from 1Q 2024). Profit margin: 21% (down from 37% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.0% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • May 21Flex LNG Ltd Declares Cash Distribution for the First Quarter 2025, Payable on June 20,2025FLEX LNG Ltd. declared a dividend for the first quarter 2025 of $0.75 per share. The dividend is payable on or about June 20, 2025 to shareholders, on record as of June 6, 2025.Board Change • May 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Nikolai Grigoriev was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 09FLEX LNG Ltd. Approves to Elect Mikkel Storm Weum as a DirectorFLEX LNG Ltd. approved to elect Mikkel Storm Weum as a Director of the Company, at its AGM held on 8 May 2025.Recent Insider Transactions • Apr 22Director recently sold kr2.2m worth of stockOn the 17th of April, Susan Sakmar sold around 9k shares on-market at roughly kr243 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr2.1m more than they bought in the last 12 months.공시 • Mar 31FLEX LNG Ltd. Announces CEO ChangesFlex LNG Ltd. announced that the Company's Board of Directors, under the Chairmanship of Ola Lorentzon, has accepted the resignation by Øystein Kalleklev from his role as Chief Executive Officer (CEO). Mr. Kalleklev joined Flex LNG in October 2017 and was appointed CEO in August 2018 and has thus been with the Company for exactly seven and a half years. The Board has appointed Marius Foss, Chief Commercial Officer, as interim CEO. Mr. Kalleklev will however be available in an advisory capacity until end of the third quarter to ensure a smooth transition period.Declared Dividend • Feb 06Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 19th February 2025 Payment date: 10th March 2025 Dividend yield will be 8.8%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Feb 04Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$2.19 (down from US$2.24 in FY 2023). Revenue: US$356.3m (down 4.0% from FY 2023). Net income: US$117.7m (down 2.0% from FY 2023). Profit margin: 33% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.공시 • Feb 04Flex LNG Ltd Declares Cash Distribution for the Fourth Quarter 2024, Payable on March 5, 2025, for NYSE Shareholders and March 10, 2025, for OSE ShareholdersFlex LNG Ltd. has announced key information regarding the cash distribution for the fourth quarter of 2024, as detailed on February 4, 2025, from Hamilton, Bermuda. The distribution will be made from the Company's Contributed Surplus For NYSE shareholders, the distribution amount is set at $0.75, with the declared currency being USD. The last day including the right to the distribution is February 19, 2025, followed by the ex-date and record date both on February 20, 2025. The payment date for this distribution is scheduled for March 5, 2025, and the date of approval was February 3, 2025. For OSE shareholders who have shares registered in Euronext Securities Oslo, the distribution amount is also $0.75, with the declared currency being USD, which will be distributed in NOK. The last day including the right for OSE shareholders is February 18, 2025, with the ex-date on February 19, 2025, and the record date on February 20, 2025. The payment date for OSE shareholders is set for March 10, 2025, and similarly, the date of approval was February 3, 2025.공시 • Jan 02FLEX LNG Ltd., Annual General Meeting, May 09, 2025FLEX LNG Ltd., Annual General Meeting, May 09, 2025.공시 • Dec 31+ 3 more updatesFLEX LNG Ltd. to Report Q4, 2025 Results on Feb 27, 2026FLEX LNG Ltd. announced that they will report Q4, 2025 results on Feb 27, 2026Declared Dividend • Nov 14Third quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 26th November 2024 Payment date: 16th December 2024 Dividend yield will be 8.5%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (176% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 95% to bring the payout ratio under control. EPS is expected to grow by 24% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Nov 13Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$0.32 (down from US$0.84 in 3Q 2023). Revenue: US$90.5m (down 4.3% from 3Q 2023). Net income: US$17.4m (down 61% from 3Q 2023). Profit margin: 19% (down from 48% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.공시 • Nov 12FLEX LNG Ltd. Declares Cash Distribution for the Third Quarter 2024, Payable on or About December 11, 2024 and December 16, 2024FLEX LNG Ltd. declared a dividend for the third quarter 2024 of $0.75 per share. The shares traded on the New York Stock Exchange will be traded ex dividend on November 27, 2024. Record date is November 27, 2024. The dividend will be paid to shareholders on NYSE on or about December 11, 2024. The shares traded on Oslo Stock Exchange and registered with Euronext Securities Oslo will trade ex dividend of as of November 26, 2024. Record date is November 27, 2024. The dividend will be paid to shareholders on OSE on or about December 16, 2024.Declared Dividend • Aug 16Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 28th August 2024 Payment date: 17th September 2024 Dividend yield will be 9.1%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 51% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. However, EPS is expected to remain steady over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.41 (down from US$0.73 in 2Q 2023). Revenue: US$84.7m (down 2.3% from 2Q 2023). Net income: US$21.8m (down 44% from 2Q 2023). Profit margin: 26% (down from 45% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.공시 • Aug 14+ 1 more updateFLEX LNG Ltd. Provides Revenue Guidance for the Third Quarter and Second Half of 2024FLEX LNG Ltd. provided revenue guidance for the third quarter and second half of 2024. For the third quarter, the company expects revenues to increase to approximately $90 million. The company expects revenues to increase in the second half of the year due a new fixed hire contract for Flex Constellation, higher earnings for the ship with variable hire as spot rates have been picking up and the fact that the company has no more scheduled off-hire for the year.공시 • Aug 05FLEX LNG Ltd. to Report Q2, 2024 Results on Aug 14, 2024FLEX LNG Ltd. announced that they will report Q2, 2024 results at 7:00 AM, Central European Standard Time on Aug 14, 2024Declared Dividend • May 30First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 7th June 2024 Payment date: 26th June 2024 Dividend yield will be 8.5%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (118% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 51% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 31% to bring the payout ratio under control, which is less than the 62% EPS growth achieved over the last 5 years.Reported Earnings • May 24First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: US$0.62 (up from US$0.31 in 1Q 2023). Revenue: US$90.2m (down 2.4% from 1Q 2023). Net income: US$33.2m (up 101% from 1Q 2023). Profit margin: 37% (up from 18% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.8%. Revenue is forecast to stay flat during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 23FLEX LNG Ltd. Declares Dividend for the First Quarter of 2024. for NYSE and OSE Shareholders, Payable on or About June 21, 2024 and on or About June 26, 2024 RespectivelyFlex LNG Ltd. declared dividend for the first quarter of 2024. For NYSE shareholders, The company declared dividend of $0.75. Ex-date: June 10, 2024, Record date: June 10, 2024 and Payment date: On or about June 21, 2024. For OSE shareholders, The company declared dividend of $0.75. Ex-date: June 7, 2024, Record date: June 10, 2024 and Payment date: On or about June 26, 2024.공시 • Apr 30FLEX LNG Ltd. Appoints Ola Lorentzon as the New Chairman of the BoardFlex LNG Ltd. announced that the Board of Directors have elected Ola Lorentzon as the new Chairman of the Board. Mr. Lorentzon replaces David McManus who did not stand for re-election as a Director at the Annual General Meeting. Mr. Lorentzon has served as a Director of the Company since June 2017. He served as Principal Executive Officer of Golden Ocean Group Limited from 2010 to 2015 and held the role as Chief Executive Officer ofFrontline Management AS from 2000 to 2003. From 1986 to 2000, Mr. Lorentzon served as Chief Executive Officer of ICB Shipping. Mr. Lorentzon is also a Director and Chairman of Golden Ocean Group Limited and a Directorand Chairman of Frontline plc., both related parties of Geveran, and Erik Thun AB.Upcoming Dividend • Feb 15Upcoming dividend of US$0.75 per share at 12% yieldEligible shareholders must have bought the stock before 22 February 2024. Payment date: 08 March 2024. The company is paying out more than 100% of its profits and is paying out 88% of its cash flow. Trailing yield: 12%. Within top quartile of Norwegian dividend payers (7.9%). Lower than average of industry peers (14%).Declared Dividend • Feb 09Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 22nd February 2024 Payment date: 8th March 2024 Dividend yield will be 9.6%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 67% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 49% to bring the payout ratio under control, which is less than the 50% EPS growth achieved over the last 5 years.Reported Earnings • Feb 09Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.24 (down from US$3.54 in FY 2022). Revenue: US$371.0m (up 6.6% from FY 2022). Net income: US$120.0m (down 36% from FY 2022). Profit margin: 32% (down from 54% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 96% Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (38% net profit margin).공시 • Feb 07Flex LNG Ltd. Declares Dividend for the Fourth Quarter of 2023, Payable On or About March 5, 2024Flex LNG Ltd. declared dividend for the fourth quarter of 2023. The company declared dividend of $0.75. Ex-date: February 22, 2024, Record date: February 23, 2024 and Payment date: On or about March 5, 2024.공시 • Jan 24FLEX LNG Ltd. to Report Q4, 2023 Results on Feb 07, 2024FLEX LNG Ltd. announced that they will report Q4, 2023 results at 1:00 AM, US Eastern Standard Time on Feb 07, 2024Upcoming Dividend • Nov 20Upcoming dividend of US$0.88 per share at 9.5% yieldEligible shareholders must have bought the stock before 27 November 2023. Payment date: 05 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.5%. Within top quartile of Norwegian dividend payers (8.7%). Lower than average of industry peers (11%).Reported Earnings • Nov 09Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: US$0.84 (down from US$0.88 in 3Q 2022). Revenue: US$94.6m (up 3.6% from 3Q 2022). Net income: US$45.1m (down 3.2% from 3Q 2022). Profit margin: 48% (down from 51% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 09Flex Lng Ltd. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023FLEX LNG Ltd. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, The company expects a further increase in revenues with expected revenues of $97-99 million.For the year, the company is well on track to deliver on revenue guidance for the year of $370 million.공시 • Nov 08FLEX LNG Ltd. Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 5, 2023FLEX LNG Ltd. announced cash dividend of $0.875 for the third quarter of 2023. Last day including right: November 24, 2023. Ex-date: November 27, 2023. Record date: November 28, 2023. Payment date: On or about December 5, 2023. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about December 8, 2023.Upcoming Dividend • Aug 23Upcoming dividend of US$0.75 per share at 9.6% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 9.6%. Within top quartile of Norwegian dividend payers (8.8%). Lower than average of industry peers (12%).New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 39% Last year net profit margin: 57% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by earnings (112% payout ratio). Profit margins are more than 30% lower than last year (39% net profit margin).공시 • Aug 17Flex LNG Announces Dividend for the Second Quarter of 2023, on or About September 5, 2023Flex LNG announced dividend of $0.75 for the second quarter of 2023. Last day including right: August 29, 2023. Ex-date: August 30, 2023. Record date: August 31, 2023. Payment date: On or about September 5, 2023.Reported Earnings • Aug 17Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: US$0.73 (down from US$0.83 in 2Q 2022). Revenue: US$86.7m (up 3.1% from 2Q 2022). Net income: US$39.0m (down 12% from 2Q 2022). Profit margin: 45% (down from 53% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks High level of debt (52% net debt to equity). Dividend is not well covered by earnings (108% payout ratio).Upcoming Dividend • May 23Upcoming dividend of US$0.75 per share at 9.6% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 16 June 2023. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 9.6%. Within top quartile of Norwegian dividend payers (8.3%). Lower than average of industry peers (13%).Major Estimate Revision • May 19Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$2.68 to US$2.34 per share. Revenue forecast steady at US$368.6m. Net income forecast to shrink 31% next year vs 35% growth forecast for Oil and Gas industry in Norway . Consensus price target broadly unchanged at kr377. Share price fell 3.9% to kr338 over the past week.Reported Earnings • May 17First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: US$0.31 (down from US$1.05 in 1Q 2022). Revenue: US$92.5m (up 24% from 1Q 2022). Net income: US$16.5m (down 70% from 1Q 2022). Profit margin: 18% (down from 75% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 53%. Revenue is forecast to stay flat during the next 3 years compared to a 12% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 16Flex Lng Ltd. Approves Cash Dividend for the First Quarter 2023, Payable on or About June 13, 2023FLEX LNG Ltd. approved cash dividend of USD 0.75 for the first quarter 2023. Ex-date: May 31, 2023. Record date: June 1, 2023. Payment date: On or about June 13, 2023. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about June 16, 2023. Date of approval: May 15, 2023.분석 기사 • May 09Is Now The Time To Put FLEX LNG (OB:FLNG) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...분석 기사 • Apr 08Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...분석 기사 • Mar 05Is FLEX LNG Ltd. (OB:FLNG) Worth kr368 Based On Its Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, FLEX LNG fair value estimate is kr298 FLEX LNG is estimated to...공시 • Feb 16+ 1 more updateFLEX LNG Ltd. Declares Special Dividend for the Fourth Quarter of 2022FLEX LNG Ltd. declared special dividend of $0.25 per share for the fourth quarter of 2022.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: US$3.53 (vs US$3.04 in FY 2021)Full year 2022 results: EPS: US$3.53 (up from US$3.04 in FY 2021). Revenue: US$347.9m (up 1.3% from FY 2021). Net income: US$188.0m (up 16% from FY 2021). Profit margin: 54% (up from 47% in FY 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 10% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.공시 • Feb 14FLEX LNG Ltd. Approves Cash Dividend for the Fourth Quarter 2022, Payable on or About 7 March 2023FLEX LNG Ltd. approved cash dividend for the fourth quarter 2022 of USD 1.00 per share. Ex-date is 22 February 2023. Record date is 23 February 2023. Payment date is on or about 7 March 2023.분석 기사 • Feb 12We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Jan 29With EPS Growth And More, FLEX LNG (OB:FLNG) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buying Opportunity • Jan 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.7%. The fair value is estimated to be kr395, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 96%. Revenue is forecast to grow by 3.2% in 2 years. Earnings is forecast to decline by 15% in the next 2 years.공시 • Jan 13+ 4 more updatesFLEX LNG Ltd. to Report Q3, 2023 Results on Nov 30, 2023FLEX LNG Ltd. announced that they will report Q3, 2023 results on Nov 30, 2023분석 기사 • Jan 02Returns Are Gaining Momentum At FLEX LNG (OB:FLNG)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • Nov 23Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of Norwegian dividend payers (7.4%). Higher than average of industry peers (6.9%).Reported Earnings • Nov 17Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: US$0.88 (up from US$0.62 in 3Q 2021). Revenue: US$91.3m (up 12% from 3Q 2021). Net income: US$46.6m (up 42% from 3Q 2021). Profit margin: 51% (up from 40% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.8% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 17A Look At The Intrinsic Value Of FLEX LNG Ltd. (OB:FLNG)Today we will run through one way of estimating the intrinsic value of FLEX LNG Ltd. ( OB:FLNG ) by taking the expected...분석 기사 • Nov 01We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Oct 18Here's Why FLEX LNG (OB:FLNG) Has Caught The Eye Of InvestorsThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...분석 기사 • Oct 01Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...공시 • Sep 13FLEX LNG Ltd. to Report Q4, 2022 Results on Feb 28, 2023FLEX LNG Ltd. announced that they will report Q4, 2022 results on Feb 28, 2023Upcoming Dividend • Aug 31Upcoming dividend of US$1.25 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 16 September 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 8.9%. Within top quartile of Norwegian dividend payers (7.3%). Higher than average of industry peers (5.7%).Reported Earnings • Aug 25Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: US$0.83 (up from US$0.24 in 2Q 2021). Revenue: US$84.2m (up 28% from 2Q 2021). Net income: US$44.3m (up 247% from 2Q 2021). Profit margin: 53% (up from 19% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Over the next year, revenue is forecast to stay flat compared to a 31% growth forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 12Are Investors Undervaluing FLEX LNG Ltd. (OB:FLNG) By 37%?Does the August share price for FLEX LNG Ltd. ( OB:FLNG ) reflect what it's really worth? Today, we will estimate the...분석 기사 • Jul 11These 4 Measures Indicate That FLEX LNG (OB:FLNG) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Jun 27Is Now The Time To Put Flex LNG (OB:FLNG) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr298, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Oil and Gas industry in Norway. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr454 per share.Upcoming Dividend • May 17Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 24 May 2022. Payment date: 10 June 2022. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of Norwegian dividend payers (6.5%). Higher than average of industry peers (3.3%).Reported Earnings • May 12First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: US$1.05 (up from US$0.88 in 1Q 2021). Revenue: US$74.6m (down 8.2% from 1Q 2021). Net income: US$55.8m (up 18% from 1Q 2021). Profit margin: 75% (up from 58% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 5.2%, compared to a 16% growth forecast for the industry in Norway. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.분석 기사 • May 04FLEX LNG Ltd.'s (OB:FLNG) Intrinsic Value Is Potentially 63% Above Its Share PriceIn this article we are going to estimate the intrinsic value of FLEX LNG Ltd. ( OB:FLNG ) by taking the expected future...분석 기사 • Mar 30Does FLEX LNG (OB:FLNG) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Mar 19Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$3.04 (up from US$0.15 in FY 2020). Revenue: US$343.4m (up 109% from FY 2020). Net income: US$162.2m (up US$154.1m from FY 2020). Profit margin: 47% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 5.5%, compared to a 31% growth forecast for the oil industry in Norway. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 15Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr220, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Oil and Gas industry in Norway. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr429 per share.Major Estimate Revision • Feb 23Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$374.3m to US$354.9m. EPS estimate also fell from US$3.30 per share to US$2.85 per share. Net income forecast to shrink 6.5% next year vs 34% growth forecast for Oil and Gas industry in Norway . Consensus price target broadly unchanged at kr244. Share price rose 5.2% to kr202 over the past week.분석 기사 • Feb 22Here's Why I Think FLEX LNG (OB:FLNG) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Upcoming Dividend • Feb 22Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 01 March 2022. Payment date: 18 March 2022. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Norwegian dividend payers (5.9%). Higher than average of industry peers (3.5%).Upcoming Dividend • Feb 22Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 01 March 2022. Payment date: 18 March 2022. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Norwegian dividend payers (5.9%). Higher than average of industry peers (3.5%).Reported Earnings • Feb 17Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$3.04 (up from US$0.15 in FY 2020). Revenue: US$343.4m (up 109% from FY 2020). Net income: US$162.2m (up US$154.1m from FY 2020). Profit margin: 47% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 7.2%, compared to a 29% growth forecast for the oil industry in Norway. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.분석 기사 • Dec 22Is FLEX LNG (OB:FLNG) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr180, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Norway. Total returns to shareholders of 50% over the past three years.Upcoming Dividend • Nov 24Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 01 December 2021. Payment date: 17 December 2021. Trailing yield: 13%. Within top quartile of Norwegian dividend payers (4.9%). Higher than average of industry peers (3.3%).Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS US$0.62 (vs US$0.071 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$81.8m (up 147% from 3Q 2020). Net income: US$32.8m (up US$29.0m from 3Q 2020). Profit margin: 40% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 16Is There An Opportunity With FLEX LNG Ltd.'s (OB:FLNG) 47% Undervaluation?Today we will run through one way of estimating the intrinsic value of FLEX LNG Ltd. ( OB:FLNG ) by taking the expected...분석 기사 • Sep 16Returns At FLEX LNG (OB:FLNG) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Upcoming Dividend • Aug 25Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 16 September 2021. Trailing yield: 10%. Within top quartile of Norwegian dividend payers (5.2%). Higher than average of industry peers (3.9%).지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: FLNG 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: FLNG 의 배당금 지급이 증가했지만 회사는 6 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장FLEX LNG 배당 수익률 vs 시장FLNG의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (FLNG)12.1%시장 하위 25% (NO)3.3%시장 상위 25% (NO)7.8%업계 평균 (Oil and Gas)6.4%분석가 예측 (FLNG) (최대 3년)12.1%주목할만한 배당금: FLNG 의 배당금( 12.11% )은 Norwegian 시장에서 배당금 지급자의 하위 25%( 3.27% )보다 높습니다.고배당: FLNG 의 배당금( 12.11% )은 Norwegian 시장( 7.79% )주주 대상 이익 배당수익 보장: 지급 비율 ( 163.5% )이 높기 때문에 FLNG 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 96.9% )이 높기 때문에 FLNG 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YNO 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/09/17 17:46종가2025/09/15 00:00수익2025/06/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스FLEX LNG Ltd.는 12명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierGregory LewisBTIGMarius FurulyCarnegie Investment Bank AB9명의 분석가 더 보기
Declared Dividend • Aug 24Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 4th September 2025 Payment date: 23rd September 2025 Dividend yield will be 9.3%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (164% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 82% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
공시 • Aug 20FLEX LNG Ltd. (NYSE:FLNG) announces an Equity Buyback for 900,000 shares, for $15 million.Flex LNG Ltd. (OB:FLNG) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares for $15 million. The shares purchased will be held as treasury shares. The repurchase program will end on November 27, 2025.
Declared Dividend • May 23First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 5th June 2025 Payment date: 25th June 2025 Dividend yield will be 11%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (157% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 74% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
공시 • May 21Flex LNG Ltd Declares Cash Distribution for the First Quarter 2025, Payable on June 20,2025FLEX LNG Ltd. declared a dividend for the first quarter 2025 of $0.75 per share. The dividend is payable on or about June 20, 2025 to shareholders, on record as of June 6, 2025.
Declared Dividend • Feb 06Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 19th February 2025 Payment date: 10th March 2025 Dividend yield will be 8.8%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
공시 • Feb 04Flex LNG Ltd Declares Cash Distribution for the Fourth Quarter 2024, Payable on March 5, 2025, for NYSE Shareholders and March 10, 2025, for OSE ShareholdersFlex LNG Ltd. has announced key information regarding the cash distribution for the fourth quarter of 2024, as detailed on February 4, 2025, from Hamilton, Bermuda. The distribution will be made from the Company's Contributed Surplus For NYSE shareholders, the distribution amount is set at $0.75, with the declared currency being USD. The last day including the right to the distribution is February 19, 2025, followed by the ex-date and record date both on February 20, 2025. The payment date for this distribution is scheduled for March 5, 2025, and the date of approval was February 3, 2025. For OSE shareholders who have shares registered in Euronext Securities Oslo, the distribution amount is also $0.75, with the declared currency being USD, which will be distributed in NOK. The last day including the right for OSE shareholders is February 18, 2025, with the ex-date on February 19, 2025, and the record date on February 20, 2025. The payment date for OSE shareholders is set for March 10, 2025, and similarly, the date of approval was February 3, 2025.
Declared Dividend • Aug 24Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 4th September 2025 Payment date: 23rd September 2025 Dividend yield will be 9.3%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (164% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 82% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Aug 21Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: US$0.33 (down from US$0.41 in 2Q 2024). Revenue: US$86.0m (up 1.5% from 2Q 2024). Net income: US$17.7m (down 19% from 2Q 2024). Profit margin: 21% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Aug 21+ 1 more updateFLEX LNG Ltd. Reaffirms Earnings Guidance for the Full Year 2025FLEX LNG Ltd. reaffirmed earnings guidance for the full year 2025. For the year, the company reconfirming the full year 2025 guidance of revenues of $350 million to $370 million. The company also reported that it is reaffirming the guidance range of full year 2025 revenues of $340 million to $360 million.
공시 • Aug 20FLEX LNG Ltd. (NYSE:FLNG) announces an Equity Buyback for 900,000 shares, for $15 million.Flex LNG Ltd. (OB:FLNG) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares for $15 million. The shares purchased will be held as treasury shares. The repurchase program will end on November 27, 2025.
공시 • Aug 06FLEX LNG Ltd. to Report Q2, 2025 Results on Aug 20, 2025FLEX LNG Ltd. announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Aug 20, 2025
Declared Dividend • May 23First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 5th June 2025 Payment date: 25th June 2025 Dividend yield will be 11%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (157% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 40% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 74% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • May 22First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: US$0.35 (down from US$0.62 in 1Q 2024). Revenue: US$88.4m (down 2.0% from 1Q 2024). Net income: US$18.7m (down 44% from 1Q 2024). Profit margin: 21% (down from 37% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.0% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • May 21Flex LNG Ltd Declares Cash Distribution for the First Quarter 2025, Payable on June 20,2025FLEX LNG Ltd. declared a dividend for the first quarter 2025 of $0.75 per share. The dividend is payable on or about June 20, 2025 to shareholders, on record as of June 6, 2025.
Board Change • May 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Nikolai Grigoriev was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 09FLEX LNG Ltd. Approves to Elect Mikkel Storm Weum as a DirectorFLEX LNG Ltd. approved to elect Mikkel Storm Weum as a Director of the Company, at its AGM held on 8 May 2025.
Recent Insider Transactions • Apr 22Director recently sold kr2.2m worth of stockOn the 17th of April, Susan Sakmar sold around 9k shares on-market at roughly kr243 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr2.1m more than they bought in the last 12 months.
공시 • Mar 31FLEX LNG Ltd. Announces CEO ChangesFlex LNG Ltd. announced that the Company's Board of Directors, under the Chairmanship of Ola Lorentzon, has accepted the resignation by Øystein Kalleklev from his role as Chief Executive Officer (CEO). Mr. Kalleklev joined Flex LNG in October 2017 and was appointed CEO in August 2018 and has thus been with the Company for exactly seven and a half years. The Board has appointed Marius Foss, Chief Commercial Officer, as interim CEO. Mr. Kalleklev will however be available in an advisory capacity until end of the third quarter to ensure a smooth transition period.
Declared Dividend • Feb 06Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 19th February 2025 Payment date: 10th March 2025 Dividend yield will be 8.8%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Feb 04Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$2.19 (down from US$2.24 in FY 2023). Revenue: US$356.3m (down 4.0% from FY 2023). Net income: US$117.7m (down 2.0% from FY 2023). Profit margin: 33% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
공시 • Feb 04Flex LNG Ltd Declares Cash Distribution for the Fourth Quarter 2024, Payable on March 5, 2025, for NYSE Shareholders and March 10, 2025, for OSE ShareholdersFlex LNG Ltd. has announced key information regarding the cash distribution for the fourth quarter of 2024, as detailed on February 4, 2025, from Hamilton, Bermuda. The distribution will be made from the Company's Contributed Surplus For NYSE shareholders, the distribution amount is set at $0.75, with the declared currency being USD. The last day including the right to the distribution is February 19, 2025, followed by the ex-date and record date both on February 20, 2025. The payment date for this distribution is scheduled for March 5, 2025, and the date of approval was February 3, 2025. For OSE shareholders who have shares registered in Euronext Securities Oslo, the distribution amount is also $0.75, with the declared currency being USD, which will be distributed in NOK. The last day including the right for OSE shareholders is February 18, 2025, with the ex-date on February 19, 2025, and the record date on February 20, 2025. The payment date for OSE shareholders is set for March 10, 2025, and similarly, the date of approval was February 3, 2025.
공시 • Jan 02FLEX LNG Ltd., Annual General Meeting, May 09, 2025FLEX LNG Ltd., Annual General Meeting, May 09, 2025.
공시 • Dec 31+ 3 more updatesFLEX LNG Ltd. to Report Q4, 2025 Results on Feb 27, 2026FLEX LNG Ltd. announced that they will report Q4, 2025 results on Feb 27, 2026
Declared Dividend • Nov 14Third quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 26th November 2024 Payment date: 16th December 2024 Dividend yield will be 8.5%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (176% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 95% to bring the payout ratio under control. EPS is expected to grow by 24% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Nov 13Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$0.32 (down from US$0.84 in 3Q 2023). Revenue: US$90.5m (down 4.3% from 3Q 2023). Net income: US$17.4m (down 61% from 3Q 2023). Profit margin: 19% (down from 48% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
공시 • Nov 12FLEX LNG Ltd. Declares Cash Distribution for the Third Quarter 2024, Payable on or About December 11, 2024 and December 16, 2024FLEX LNG Ltd. declared a dividend for the third quarter 2024 of $0.75 per share. The shares traded on the New York Stock Exchange will be traded ex dividend on November 27, 2024. Record date is November 27, 2024. The dividend will be paid to shareholders on NYSE on or about December 11, 2024. The shares traded on Oslo Stock Exchange and registered with Euronext Securities Oslo will trade ex dividend of as of November 26, 2024. Record date is November 27, 2024. The dividend will be paid to shareholders on OSE on or about December 16, 2024.
Declared Dividend • Aug 16Second quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 28th August 2024 Payment date: 17th September 2024 Dividend yield will be 9.1%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio) nor is it adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 51% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. However, EPS is expected to remain steady over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.41 (down from US$0.73 in 2Q 2023). Revenue: US$84.7m (down 2.3% from 2Q 2023). Net income: US$21.8m (down 44% from 2Q 2023). Profit margin: 26% (down from 45% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
공시 • Aug 14+ 1 more updateFLEX LNG Ltd. Provides Revenue Guidance for the Third Quarter and Second Half of 2024FLEX LNG Ltd. provided revenue guidance for the third quarter and second half of 2024. For the third quarter, the company expects revenues to increase to approximately $90 million. The company expects revenues to increase in the second half of the year due a new fixed hire contract for Flex Constellation, higher earnings for the ship with variable hire as spot rates have been picking up and the fact that the company has no more scheduled off-hire for the year.
공시 • Aug 05FLEX LNG Ltd. to Report Q2, 2024 Results on Aug 14, 2024FLEX LNG Ltd. announced that they will report Q2, 2024 results at 7:00 AM, Central European Standard Time on Aug 14, 2024
Declared Dividend • May 30First quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 7th June 2024 Payment date: 26th June 2024 Dividend yield will be 8.5%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (118% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 51% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 31% to bring the payout ratio under control, which is less than the 62% EPS growth achieved over the last 5 years.
Reported Earnings • May 24First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: US$0.62 (up from US$0.31 in 1Q 2023). Revenue: US$90.2m (down 2.4% from 1Q 2023). Net income: US$33.2m (up 101% from 1Q 2023). Profit margin: 37% (up from 18% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.8%. Revenue is forecast to stay flat during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 23FLEX LNG Ltd. Declares Dividend for the First Quarter of 2024. for NYSE and OSE Shareholders, Payable on or About June 21, 2024 and on or About June 26, 2024 RespectivelyFlex LNG Ltd. declared dividend for the first quarter of 2024. For NYSE shareholders, The company declared dividend of $0.75. Ex-date: June 10, 2024, Record date: June 10, 2024 and Payment date: On or about June 21, 2024. For OSE shareholders, The company declared dividend of $0.75. Ex-date: June 7, 2024, Record date: June 10, 2024 and Payment date: On or about June 26, 2024.
공시 • Apr 30FLEX LNG Ltd. Appoints Ola Lorentzon as the New Chairman of the BoardFlex LNG Ltd. announced that the Board of Directors have elected Ola Lorentzon as the new Chairman of the Board. Mr. Lorentzon replaces David McManus who did not stand for re-election as a Director at the Annual General Meeting. Mr. Lorentzon has served as a Director of the Company since June 2017. He served as Principal Executive Officer of Golden Ocean Group Limited from 2010 to 2015 and held the role as Chief Executive Officer ofFrontline Management AS from 2000 to 2003. From 1986 to 2000, Mr. Lorentzon served as Chief Executive Officer of ICB Shipping. Mr. Lorentzon is also a Director and Chairman of Golden Ocean Group Limited and a Directorand Chairman of Frontline plc., both related parties of Geveran, and Erik Thun AB.
Upcoming Dividend • Feb 15Upcoming dividend of US$0.75 per share at 12% yieldEligible shareholders must have bought the stock before 22 February 2024. Payment date: 08 March 2024. The company is paying out more than 100% of its profits and is paying out 88% of its cash flow. Trailing yield: 12%. Within top quartile of Norwegian dividend payers (7.9%). Lower than average of industry peers (14%).
Declared Dividend • Feb 09Fourth quarter dividend of US$0.75 announcedShareholders will receive a dividend of US$0.75. Ex-date: 22nd February 2024 Payment date: 8th March 2024 Dividend yield will be 9.6%, which is lower than the industry average of 13%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 67% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 49% to bring the payout ratio under control, which is less than the 50% EPS growth achieved over the last 5 years.
Reported Earnings • Feb 09Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.24 (down from US$3.54 in FY 2022). Revenue: US$371.0m (up 6.6% from FY 2022). Net income: US$120.0m (down 36% from FY 2022). Profit margin: 32% (down from 54% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 96% Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (38% net profit margin).
공시 • Feb 07Flex LNG Ltd. Declares Dividend for the Fourth Quarter of 2023, Payable On or About March 5, 2024Flex LNG Ltd. declared dividend for the fourth quarter of 2023. The company declared dividend of $0.75. Ex-date: February 22, 2024, Record date: February 23, 2024 and Payment date: On or about March 5, 2024.
공시 • Jan 24FLEX LNG Ltd. to Report Q4, 2023 Results on Feb 07, 2024FLEX LNG Ltd. announced that they will report Q4, 2023 results at 1:00 AM, US Eastern Standard Time on Feb 07, 2024
Upcoming Dividend • Nov 20Upcoming dividend of US$0.88 per share at 9.5% yieldEligible shareholders must have bought the stock before 27 November 2023. Payment date: 05 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.5%. Within top quartile of Norwegian dividend payers (8.7%). Lower than average of industry peers (11%).
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: US$0.84 (down from US$0.88 in 3Q 2022). Revenue: US$94.6m (up 3.6% from 3Q 2022). Net income: US$45.1m (down 3.2% from 3Q 2022). Profit margin: 48% (down from 51% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 09Flex Lng Ltd. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023FLEX LNG Ltd. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, The company expects a further increase in revenues with expected revenues of $97-99 million.For the year, the company is well on track to deliver on revenue guidance for the year of $370 million.
공시 • Nov 08FLEX LNG Ltd. Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 5, 2023FLEX LNG Ltd. announced cash dividend of $0.875 for the third quarter of 2023. Last day including right: November 24, 2023. Ex-date: November 27, 2023. Record date: November 28, 2023. Payment date: On or about December 5, 2023. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about December 8, 2023.
Upcoming Dividend • Aug 23Upcoming dividend of US$0.75 per share at 9.6% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 9.6%. Within top quartile of Norwegian dividend payers (8.8%). Lower than average of industry peers (12%).
New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 39% Last year net profit margin: 57% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Dividend is not well covered by earnings (112% payout ratio). Profit margins are more than 30% lower than last year (39% net profit margin).
공시 • Aug 17Flex LNG Announces Dividend for the Second Quarter of 2023, on or About September 5, 2023Flex LNG announced dividend of $0.75 for the second quarter of 2023. Last day including right: August 29, 2023. Ex-date: August 30, 2023. Record date: August 31, 2023. Payment date: On or about September 5, 2023.
Reported Earnings • Aug 17Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: US$0.73 (down from US$0.83 in 2Q 2022). Revenue: US$86.7m (up 3.1% from 2Q 2022). Net income: US$39.0m (down 12% from 2Q 2022). Profit margin: 45% (down from 53% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks High level of debt (52% net debt to equity). Dividend is not well covered by earnings (108% payout ratio).
Upcoming Dividend • May 23Upcoming dividend of US$0.75 per share at 9.6% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 16 June 2023. The company is paying out more than 100% of its profits and is paying out 76% of its cash flow. Trailing yield: 9.6%. Within top quartile of Norwegian dividend payers (8.3%). Lower than average of industry peers (13%).
Major Estimate Revision • May 19Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$2.68 to US$2.34 per share. Revenue forecast steady at US$368.6m. Net income forecast to shrink 31% next year vs 35% growth forecast for Oil and Gas industry in Norway . Consensus price target broadly unchanged at kr377. Share price fell 3.9% to kr338 over the past week.
Reported Earnings • May 17First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: US$0.31 (down from US$1.05 in 1Q 2022). Revenue: US$92.5m (up 24% from 1Q 2022). Net income: US$16.5m (down 70% from 1Q 2022). Profit margin: 18% (down from 75% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 53%. Revenue is forecast to stay flat during the next 3 years compared to a 12% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 16Flex Lng Ltd. Approves Cash Dividend for the First Quarter 2023, Payable on or About June 13, 2023FLEX LNG Ltd. approved cash dividend of USD 0.75 for the first quarter 2023. Ex-date: May 31, 2023. Record date: June 1, 2023. Payment date: On or about June 13, 2023. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about June 16, 2023. Date of approval: May 15, 2023.
분석 기사 • May 09Is Now The Time To Put FLEX LNG (OB:FLNG) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
분석 기사 • Apr 08Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
분석 기사 • Mar 05Is FLEX LNG Ltd. (OB:FLNG) Worth kr368 Based On Its Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, FLEX LNG fair value estimate is kr298 FLEX LNG is estimated to...
공시 • Feb 16+ 1 more updateFLEX LNG Ltd. Declares Special Dividend for the Fourth Quarter of 2022FLEX LNG Ltd. declared special dividend of $0.25 per share for the fourth quarter of 2022.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: US$3.53 (vs US$3.04 in FY 2021)Full year 2022 results: EPS: US$3.53 (up from US$3.04 in FY 2021). Revenue: US$347.9m (up 1.3% from FY 2021). Net income: US$188.0m (up 16% from FY 2021). Profit margin: 54% (up from 47% in FY 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 10% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
공시 • Feb 14FLEX LNG Ltd. Approves Cash Dividend for the Fourth Quarter 2022, Payable on or About 7 March 2023FLEX LNG Ltd. approved cash dividend for the fourth quarter 2022 of USD 1.00 per share. Ex-date is 22 February 2023. Record date is 23 February 2023. Payment date is on or about 7 March 2023.
분석 기사 • Feb 12We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Jan 29With EPS Growth And More, FLEX LNG (OB:FLNG) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buying Opportunity • Jan 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.7%. The fair value is estimated to be kr395, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 96%. Revenue is forecast to grow by 3.2% in 2 years. Earnings is forecast to decline by 15% in the next 2 years.
공시 • Jan 13+ 4 more updatesFLEX LNG Ltd. to Report Q3, 2023 Results on Nov 30, 2023FLEX LNG Ltd. announced that they will report Q3, 2023 results on Nov 30, 2023
분석 기사 • Jan 02Returns Are Gaining Momentum At FLEX LNG (OB:FLNG)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • Nov 23Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of Norwegian dividend payers (7.4%). Higher than average of industry peers (6.9%).
Reported Earnings • Nov 17Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: US$0.88 (up from US$0.62 in 3Q 2021). Revenue: US$91.3m (up 12% from 3Q 2021). Net income: US$46.6m (up 42% from 3Q 2021). Profit margin: 51% (up from 40% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.8% decline forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 17A Look At The Intrinsic Value Of FLEX LNG Ltd. (OB:FLNG)Today we will run through one way of estimating the intrinsic value of FLEX LNG Ltd. ( OB:FLNG ) by taking the expected...
분석 기사 • Nov 01We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Oct 18Here's Why FLEX LNG (OB:FLNG) Has Caught The Eye Of InvestorsThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
분석 기사 • Oct 01Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
공시 • Sep 13FLEX LNG Ltd. to Report Q4, 2022 Results on Feb 28, 2023FLEX LNG Ltd. announced that they will report Q4, 2022 results on Feb 28, 2023
Upcoming Dividend • Aug 31Upcoming dividend of US$1.25 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 16 September 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 8.9%. Within top quartile of Norwegian dividend payers (7.3%). Higher than average of industry peers (5.7%).
Reported Earnings • Aug 25Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: US$0.83 (up from US$0.24 in 2Q 2021). Revenue: US$84.2m (up 28% from 2Q 2021). Net income: US$44.3m (up 247% from 2Q 2021). Profit margin: 53% (up from 19% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Over the next year, revenue is forecast to stay flat compared to a 31% growth forecast for the Oil and Gas industry in Norway. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 12Are Investors Undervaluing FLEX LNG Ltd. (OB:FLNG) By 37%?Does the August share price for FLEX LNG Ltd. ( OB:FLNG ) reflect what it's really worth? Today, we will estimate the...
분석 기사 • Jul 11These 4 Measures Indicate That FLEX LNG (OB:FLNG) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Jun 27Is Now The Time To Put Flex LNG (OB:FLNG) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr298, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Oil and Gas industry in Norway. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr454 per share.
Upcoming Dividend • May 17Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 24 May 2022. Payment date: 10 June 2022. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of Norwegian dividend payers (6.5%). Higher than average of industry peers (3.3%).
Reported Earnings • May 12First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: US$1.05 (up from US$0.88 in 1Q 2021). Revenue: US$74.6m (down 8.2% from 1Q 2021). Net income: US$55.8m (up 18% from 1Q 2021). Profit margin: 75% (up from 58% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 5.2%, compared to a 16% growth forecast for the industry in Norway. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 04FLEX LNG Ltd.'s (OB:FLNG) Intrinsic Value Is Potentially 63% Above Its Share PriceIn this article we are going to estimate the intrinsic value of FLEX LNG Ltd. ( OB:FLNG ) by taking the expected future...
분석 기사 • Mar 30Does FLEX LNG (OB:FLNG) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 19Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$3.04 (up from US$0.15 in FY 2020). Revenue: US$343.4m (up 109% from FY 2020). Net income: US$162.2m (up US$154.1m from FY 2020). Profit margin: 47% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 5.5%, compared to a 31% growth forecast for the oil industry in Norway. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 15Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr220, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Oil and Gas industry in Norway. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr429 per share.
Major Estimate Revision • Feb 23Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from US$374.3m to US$354.9m. EPS estimate also fell from US$3.30 per share to US$2.85 per share. Net income forecast to shrink 6.5% next year vs 34% growth forecast for Oil and Gas industry in Norway . Consensus price target broadly unchanged at kr244. Share price rose 5.2% to kr202 over the past week.
분석 기사 • Feb 22Here's Why I Think FLEX LNG (OB:FLNG) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Upcoming Dividend • Feb 22Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 01 March 2022. Payment date: 18 March 2022. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Norwegian dividend payers (5.9%). Higher than average of industry peers (3.5%).
Upcoming Dividend • Feb 22Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 01 March 2022. Payment date: 18 March 2022. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Norwegian dividend payers (5.9%). Higher than average of industry peers (3.5%).
Reported Earnings • Feb 17Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$3.04 (up from US$0.15 in FY 2020). Revenue: US$343.4m (up 109% from FY 2020). Net income: US$162.2m (up US$154.1m from FY 2020). Profit margin: 47% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 7.2%, compared to a 29% growth forecast for the oil industry in Norway. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
분석 기사 • Dec 22Is FLEX LNG (OB:FLNG) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr180, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Norway. Total returns to shareholders of 50% over the past three years.
Upcoming Dividend • Nov 24Upcoming dividend of US$0.75 per shareEligible shareholders must have bought the stock before 01 December 2021. Payment date: 17 December 2021. Trailing yield: 13%. Within top quartile of Norwegian dividend payers (4.9%). Higher than average of industry peers (3.3%).
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS US$0.62 (vs US$0.071 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$81.8m (up 147% from 3Q 2020). Net income: US$32.8m (up US$29.0m from 3Q 2020). Profit margin: 40% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 16Is There An Opportunity With FLEX LNG Ltd.'s (OB:FLNG) 47% Undervaluation?Today we will run through one way of estimating the intrinsic value of FLEX LNG Ltd. ( OB:FLNG ) by taking the expected...
분석 기사 • Sep 16Returns At FLEX LNG (OB:FLNG) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Upcoming Dividend • Aug 25Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 16 September 2021. Trailing yield: 10%. Within top quartile of Norwegian dividend payers (5.2%). Higher than average of industry peers (3.9%).