NYSE:FLNGOil and Gas
Flex LNG (NYSE:FLNG) Valuation in Focus After Buyback, NYSE Move, and Debt Refinancing Initiatives
Flex LNG (NYSE:FLNG) has been busy lately, and investors are paying attention. In quick succession, the company announced a $15 million share buyback, fresh sale and leaseback vessel deals, a new term loan to improve financing costs, and a move to delist from the Oslo Stock Exchange so its stock will trade exclusively on the NYSE. For anyone following FLNG, these developments not only highlight management’s focus on capital returns and financial flexibility but also raise timely questions...