FLEX LNG (BATS-CHIXE:FLNGO) - Stock Price, News & Analysis

FLNGO Stock Overview

Engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. More details

FLNGO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 56% below our estimate of its fair value

Earnings are forecast to grow 17.15% per year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Profit margins (25.3%) are lower than last year (38.2%)

Dividend of 11.47% is not well covered by earnings

FLEX LNG Ltd. Competitors

NWF Group

AIM:NWF

UK£72.7m

Seplat Energy

LSE:SEPL

UK£1.3b

Diversified Energy

LSE:DEC

UK£655.6m

Ithaca Energy

LSE:ITH

UK£1.9b

Price History & Performance

Summary of all time highs, changes and price drops for FLEX LNG
Historical stock prices
Current Share Price	US$272.40
52 Week High	US$317.60
52 Week Low	US$256.80
Beta	0.73
11 Month Change	2.64%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	51.42%
5 Year Change	207.80%
Change since IPO	91.16%

Recent updates

Shareholder Returns

	FLNGO	GB Oil and Gas	GB Market
7D	0%	1.0%	1.7%
1Y	n/a	-4.5%	8.3%

Return vs Industry: Insufficient data to determine how FLNGO performed against the UK Oil and Gas industry.

Return vs Market: Insufficient data to determine how FLNGO performed against the UK Market.

Price Volatility

Is FLNGO's price volatile compared to industry and market?
FLNGO volatility
FLNGO Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	6.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: FLNGO's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine FLNGO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	10	Oystein Kalleklev	www.flexlng.com

FLEX LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. FLEX LNG Ltd.

FLEX LNG Ltd. Fundamentals Summary

How do FLEX LNG's earnings and revenue compare to its market cap?
FLNGO fundamental statistics
Market cap	NOK 15.77b
Earnings (TTM)	NOK 1.02b
Revenue (TTM)	NOK 4.02b

15.4x

P/E Ratio

3.9x

P/S Ratio

Is FLNGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLNGO income statement (TTM)
Revenue	US$362.65m
Cost of Revenue	US$72.54m
Gross Profit	US$290.11m
Other Expenses	US$198.25m
Earnings	US$91.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 28, 2025

Earnings per share (EPS)	1.70
Gross Margin	80.00%
Net Profit Margin	25.33%
Debt/Equity Ratio	99.8%

How did FLNGO perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

176%

Payout Ratio

Does FLNGO pay a reliable dividends?

See FLNGO dividend history and benchmarks

When do you need to buy FLNGO by to receive an upcoming dividend?
FLEX LNG dividend dates
Ex Dividend Date	Nov 26 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	0 days
Days until Dividend pay date	20 days

Does FLNGO pay a reliable dividends?

See FLNGO dividend history and benchmarks

FLNGO Stock Overview

Rewards

Risk Analysis

FLEX LNG Ltd. Competitors

AIM:NWF

UK£72.7m

LSE:SEPL

UK£1.3b

LSE:DEC

UK£655.6m

LSE:ITH

UK£1.9b

Price History & Performance

Recent News & Updates

FLEX LNG Ltd. Declares Cash Distribution for the Third Quarter 2024, Payable on or About December 11, 2024 and December 16, 2024

FLEX LNG Ltd. Provides Revenue Guidance for the Third Quarter and Second Half of 2024

FLEX LNG Ltd. to Report Q2, 2024 Results on Aug 14, 2024

First quarter 2024 earnings released: EPS: US$0.62 (vs US$0.31 in 1Q 2023)

FLEX 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 Respectively

FLEX LNG Ltd. Appoints Ola Lorentzon as the New Chairman of the Board

Recent updates

FLEX LNG Ltd. Declares Cash Distribution for the Third Quarter 2024, Payable on or About December 11, 2024 and December 16, 2024

FLEX LNG Ltd. Provides Revenue Guidance for the Third Quarter and Second Half of 2024

FLEX LNG Ltd. to Report Q2, 2024 Results on Aug 14, 2024

First quarter 2024 earnings released: EPS: US$0.62 (vs US$0.31 in 1Q 2023)

FLEX 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 Respectively

FLEX LNG Ltd. Appoints Ola Lorentzon as the New Chairman of the Board

Upcoming dividend of US$0.75 per share at 12% yield

Fourth quarter dividend of US$0.75 announced

Full year 2023 earnings released: EPS: US$2.24 (vs US$3.54 in FY 2022)

Flex LNG Ltd. Declares Dividend for the Fourth Quarter of 2023, Payable On or About March 5, 2024

FLEX LNG Ltd. to Report Q4, 2023 Results on Feb 07, 2024

Upcoming dividend of US$0.88 per share at 9.6% yield

New major risk - Financial position

Flex Lng Ltd. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

FLEX LNG Ltd. Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 5, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.73 (vs US$0.83 in 2Q 2022)

Flex LNG Announces Dividend for the Second Quarter of 2023, on or About September 5, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.75 per share at 9.6% yield

First quarter 2023 earnings released: EPS: US$0.31 (vs US$1.05 in 1Q 2022)

Flex Lng Ltd. Approves Cash Dividend for the First Quarter 2023, Payable on or About June 13, 2023

FLEX LNG Ltd. Declares Special Dividend for the Fourth Quarter of 2022

Full year 2022 earnings released: EPS: US$3.53 (vs US$3.04 in FY 2021)

FLEX LNG Ltd. Approves Cash Dividend for the Fourth Quarter 2022, Payable on or About 7 March 2023

Now 20% undervalued after recent price drop

FLEX LNG Ltd. to Report Q3, 2023 Results on Nov 30, 2023

Upcoming dividend of US$0.75 per share

Third quarter 2022 earnings released: EPS: US$0.88 (vs US$0.62 in 3Q 2021)

FLEX LNG Ltd. Proposes Dividend, Payable on or About December 6, 2022

Now 25% undervalued

Flex LNG Ltd. Elects Susan Sakmar as Director

FLEX LNG Ltd. to Report Q4, 2022 Results on Feb 28, 2023

Upcoming dividend of US$1.25 per share

Second quarter 2022 earnings released: EPS: US$0.83 (vs US$0.24 in 2Q 2021)

FLEX LNG Ltd. Provides Financial Guidance for the Third and Fourth Quarter and Second Half of 2022

FLEX LNG Ltd. Provides Revenue Guidance for the Second Quarter, Third Quarter and Fourth Quarter 2022

Upcoming dividend of US$0.75 per share

First quarter 2022 earnings released: EPS: US$1.05 (vs US$0.88 in 1Q 2021)

Flex Lng Ltd. Declares First Quarter Dividend of 2022, Payable on or About June 07, 2022

Upcoming dividend of US$0.75 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of US$0.75 per share

Third quarter 2021 earnings released: EPS US$0.62 (vs US$0.071 in 3Q 2020)

Upcoming dividend of US$0.40 per share

Investor sentiment improved over the past week

Upcoming dividend of US$0.40 per share

FLEX LNG Lt Declares Cash Dividend for the First Quarter of 2021, Payable on or About 16 June, 2021

First quarter 2021 earnings released: EPS US$0.88 (vs US$0.28 loss in 1Q 2020)

Advisor has left the company

Investor sentiment improved over the past week

Flex LNG Ltd. Announces Board Changes

Full year 2020 earnings released: EPS US$0.15 (vs US$0.31 in FY 2019)

Revenue misses expectations

Flex LNG Ltd. Announces Executive Changes of Flex LNG Management AS

New 90-day high: kr79.60

New 90-day high: kr71.10

Flex Lng Ltd Announces Resignation of João Saraiva E Silva as a Director of the Company

Shareholder Returns