NYSE:FLNGOil and Gas
A Look At FLEX LNG (NYSE:FLNG) Valuation As New Flex Aurora Charter Extends Earnings Visibility
FLEX LNG (NYSE:FLNG) has secured a new time charter for its Flex Aurora vessel with a global Supermajor. The agreement is a two-year firm deal with options that could extend employment through 2034.
See our latest analysis for FLEX LNG.
The new charter lands at a time when FLEX LNG’s share price has a 90-day share price return of 23.31% and a 1-year total shareholder return of 67.73%. This suggests momentum has been building around the stock’s income and contract visibility story.
If this...