NYSE:FLNGOil and Gas
Will Stronger Spot Rates And Higher Guidance Reshape FLEX LNG's (FLNG) Long-Term Contract-Driven Narrative
Earlier this week, FLEX LNG Ltd. raised its revenue and adjusted EBITDA guidance by around 10% and 11%, respectively, citing higher LNG spot shipping rates driven by ongoing geopolitical disruptions.
The company also emphasized its modern fleet, lack of near-term debt maturities, and extensive long-term charter coverage, underscoring how its balance sheet strength and contract profile may allow it to benefit from today’s stronger market while maintaining earnings stability.
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