FLEX LNG Ltd.

OB:FLNG Stock Report

Market Cap: NOK 15.7b

FLEX LNG Management

Management criteria checks 4/4

FLEX LNG's CEO is Oystein Kalleklev, appointed in Aug 2018, has a tenure of 6.25 years. total yearly compensation is $729.18K, comprised of 48% salary and 52% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth NOK14.63M. The average tenure of the management team and the board of directors is 5.5 years and 5.4 years respectively.

Key information

Oystein Kalleklev

Chief executive officer

US$729.2k

Total compensation

CEO salary percentage48.0%
CEO tenure6.3yrs
CEO ownership0.09%
Management average tenure5.5yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

Is Now The Time To Put FLEX LNG (OB:FLNG) On Your Watchlist?

May 09
Is Now The Time To Put FLEX LNG (OB:FLNG) On Your Watchlist?

Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)

Apr 08
Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)

Is FLEX LNG Ltd. (OB:FLNG) Worth kr368 Based On Its Intrinsic Value?

Mar 05
Is FLEX LNG Ltd. (OB:FLNG) Worth kr368 Based On Its Intrinsic Value?

We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its Debt

Feb 12
We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its Debt

With EPS Growth And More, FLEX LNG (OB:FLNG) Makes An Interesting Case

Jan 29
With EPS Growth And More, FLEX LNG (OB:FLNG) Makes An Interesting Case

Returns Are Gaining Momentum At FLEX LNG (OB:FLNG)

Jan 02
Returns Are Gaining Momentum At FLEX LNG (OB:FLNG)

A Look At The Intrinsic Value Of FLEX LNG Ltd. (OB:FLNG)

Nov 17
A Look At The Intrinsic Value Of FLEX LNG Ltd. (OB:FLNG)

We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its Debt

Nov 01
We Think FLEX LNG (OB:FLNG) Is Taking Some Risk With Its Debt

Here's Why FLEX LNG (OB:FLNG) Has Caught The Eye Of Investors

Oct 18
Here's Why FLEX LNG (OB:FLNG) Has Caught The Eye Of Investors

Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)

Oct 01
Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)

Are Investors Undervaluing FLEX LNG Ltd. (OB:FLNG) By 37%?

Aug 12
Are Investors Undervaluing FLEX LNG Ltd. (OB:FLNG) By 37%?

These 4 Measures Indicate That FLEX LNG (OB:FLNG) Is Using Debt Extensively

Jul 11
These 4 Measures Indicate That FLEX LNG (OB:FLNG) Is Using Debt Extensively

Is Now The Time To Put Flex LNG (OB:FLNG) On Your Watchlist?

Jun 27
Is Now The Time To Put Flex LNG (OB:FLNG) On Your Watchlist?

FLEX LNG Ltd.'s (OB:FLNG) Intrinsic Value Is Potentially 63% Above Its Share Price

May 04
FLEX LNG Ltd.'s (OB:FLNG) Intrinsic Value Is Potentially 63% Above Its Share Price

Does FLEX LNG (OB:FLNG) Have A Healthy Balance Sheet?

Mar 30
Does FLEX LNG (OB:FLNG) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)

Mar 15
Returns On Capital Are Showing Encouraging Signs At FLEX LNG (OB:FLNG)

Here's Why I Think FLEX LNG (OB:FLNG) Might Deserve Your Attention Today

Feb 22
Here's Why I Think FLEX LNG (OB:FLNG) Might Deserve Your Attention Today

Is FLEX LNG (OB:FLNG) Using Too Much Debt?

Dec 22
Is FLEX LNG (OB:FLNG) Using Too Much Debt?

Is There An Opportunity With FLEX LNG Ltd.'s (OB:FLNG) 47% Undervaluation?

Nov 16
Is There An Opportunity With FLEX LNG Ltd.'s (OB:FLNG) 47% Undervaluation?

Returns At FLEX LNG (OB:FLNG) Are On The Way Up

Sep 16
Returns At FLEX LNG (OB:FLNG) Are On The Way Up

Here's Why I Think FLEX LNG (OB:FLNG) Might Deserve Your Attention Today

Aug 09
Here's Why I Think FLEX LNG (OB:FLNG) Might Deserve Your Attention Today

Read This Before Buying FLEX LNG Ltd. (OB:FLNG) For Its Dividend

May 06
Read This Before Buying FLEX LNG Ltd. (OB:FLNG) For Its Dividend

FLEX LNG's (OB:FLNG) Returns On Capital Are Heading Higher

Apr 15
FLEX LNG's (OB:FLNG) Returns On Capital Are Heading Higher

CEO Compensation Analysis

How has Oystein Kalleklev's remuneration changed compared to FLEX LNG's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$92m

Jun 30 2024n/an/a

US$120m

Mar 31 2024n/an/a

US$137m

Dec 31 2023US$729kUS$350k

US$120m

Sep 30 2023n/an/a

US$142m

Jun 30 2023n/an/a

US$144m

Mar 31 2023n/an/a

US$149m

Dec 31 2022US$741kUS$391k

US$188m

Sep 30 2022n/an/a

US$216m

Jun 30 2022n/an/a

US$202m

Mar 31 2022n/an/a

US$171m

Dec 31 2021US$961kUS$409k

US$162m

Compensation vs Market: Oystein's total compensation ($USD729.18K) is about average for companies of similar size in the Norwegian market ($USD932.21K).

Compensation vs Earnings: Oystein's compensation has been consistent with company performance over the past year.

CEO

Oystein Kalleklev (44 yo)

6.3yrs

Tenure

US$729,175

Compensation

Mr. Oystein M. Kalleklev is Chief Executive Officer and Principal Executive Officer of Flex LNG Management and FLEX LNG Ltd since August 2018. He serves as Chief Financial Officer since October 2, 2017 unt...

Leadership Team

NamePositionTenureCompensationOwnership
Oystein Kalleklev
Principal Executive Officer6.3yrsUS$729.18k0.093%
NOK 14.6m
Knut Traaholt
Principal Financial Officerno dataUS$403.35kno data
Jannicke Eilertsen
Compliance Officer4.8yrsno datano data
H. Foss
Chief Commercial Officer of Flex LNG Management AS6.3yrsno datano data
Lars Pedersen
Chief Technical Officer of Frontline Management & MD of Flex Fleet Managementno datano datano data
Naren Senaratne
Chief Accounting Officer of Flex LNG Management Ltdless than a yearno datano data
James Ayers
Company Secretaryno datano datano data

5.5yrs

Average Tenure

44yo

Average Age

Experienced Management: FLNG's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ola Lorentzon
Independent Chairman7.4yrsUS$50.00k0.0059%
NOK 924.1k
Steen Jakobsen
Director3.7yrsUS$40.00kno data
Nikolai Grigoriev
Independent Director7.2yrsUS$50.00k0.045%
NOK 7.1m
Susan Sakmar
Director2.2yrsUS$50.00k0.019%
NOK 2.9m

5.4yrs

Average Tenure

58.5yo

Average Age

Experienced Board: FLNG's board of directors are considered experienced (5.4 years average tenure).