NYSE:FLNGOil and Gas
Does FLEX LNG’s Higher H1 Earnings and $0.75 Payout Alter the Bull Case for FLNG?
FLEX LNG Ltd. recently reported that net income for the half year ended June 30, 2026 rose to US$64.36 million, with basic earnings per share increasing to US$1.19, while the Board declared a US$0.75 per-share cash distribution for the second quarter payable around September 17, 2026.
The decision to fund the dividend from the company’s Contributed Surplus account, alongside maintained full-year 2026 revenue guidance of US$345 million to US$370 million (excluding EUAs), highlights an...