FLNG Stock Overview
Flex LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
FLEX LNG Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.51 |
| 52 Week High | US$35.48 |
| 52 Week Low | US$24.16 |
| Beta | 0.69 |
| 1 Month Change | 0.99% |
| 3 Month Change | -13.99% |
| 1 Year Change | -27.24% |
| 3 Year Change | 123.38% |
| 5 Year Change | 74.73% |
| Change since IPO | 2,135.95% |
Recent News & Updates
FLEX LNG: Bet On Resilient Demand For LNG Carriers
Apr 17FLEX LNG Q4: Bankable Dividend In Turbulent Waters
Mar 13Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden
Feb 23
FLEX LNG: LNG Terminal Pause Adds Some Risk
Feb 09Recent updates
FLEX LNG: Bet On Resilient Demand For LNG Carriers
Apr 17FLEX LNG Q4: Bankable Dividend In Turbulent Waters
Mar 13Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden
Feb 23FLEX LNG: LNG Terminal Pause Adds Some Risk
Feb 09FLEX LNG (NYSE:FLNG) Is Experiencing Growth In Returns On Capital
Jan 27Investors Aren't Entirely Convinced By FLEX LNG Ltd.'s (NYSE:FLNG) Earnings
Jan 08FLEX LNG: Consistency Is Key
Dec 12FLEX LNG: 10% Yield, Special Dividend Declared
Nov 24Is There An Opportunity With FLEX LNG Ltd.'s (NYSE:FLNG) 25% Undervaluation?
Nov 07FLEX LNG: Lower Spot Freight Rates Weigh On Share Price
Oct 10Not Many Are Piling Into FLEX LNG Ltd. (NYSE:FLNG) Just Yet
Oct 03FLEX LNG: Upgrading To 'Buy' As Vessel Values Increase
Sep 27FLEX LNG (NYSE:FLNG) Is Doing The Right Things To Multiply Its Share Price
Sep 05FLEX LNG: 10% Yield, Industry Tailwinds
Aug 20FLEX LNG: A Promising LNG Shipper
Jun 20FLEX LNG Ltd. (NYSE:FLNG) Shares Could Be 24% Above Their Intrinsic Value Estimate
Jun 16FLEX LNG: 9% Yield, Strong Q1 Earnings, Tailwinds
May 26Flex LNG Q4 2022 Earnings Preview
Feb 13FLEX LNG: A High Yield Floating Pipeline
Feb 01Flex LNG Q3 2022 Earnings Preview
Nov 14FLEX LNG: Energy Crisis Likely Not Fully Baked In
Sep 22Flex LNG reports Q2 earnings miss; sees Q3 revenue of ~$90M below estimates
Aug 24Flex LNG: 10% Yield, Benefits From Supply Chain Disruption, 54-Year Contract Backlog
Jun 26Shipping And Oil Sector Selloffs? Buy Flex LNG
Jun 09Flex LNG: An 11% Yield To Sail Through Rough Markets
May 16Flex LNG Stock: High Yield And Solid Demand Outlook In Europe Make It A Strong Buy
Mar 10Flex LNG Is Only For High-Risk Investors
Feb 14Flex LNG: Great Quarter And A 13% Dividend Yield
Nov 22Flex LNG: Already Fully Priced For Boom-Time Earnings, Significant Downside Risks
Oct 25Flex LNG: Surging Cash Flows And Dividends (Podcast Transcript)
Aug 12Flex LNG: Expect Even Higher Dividends
Jun 26Flex LNG: Higher Dividends + Higher Leverage = More Pain In The Future
Jun 09Flex LNG goes ex-dividend on Tuesday
May 28Shareholder Returns
| FLNG | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 0.8% | -3.3% | -3.7% |
| 1Y | -27.2% | 11.3% | 20.5% |
Return vs Industry: FLNG underperformed the US Oil and Gas industry which returned 10% over the past year.
Return vs Market: FLNG underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| FLNG volatility | |
|---|---|
| FLNG Average Weekly Movement | 3.4% |
| Oil and Gas Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FLNG has not had significant price volatility in the past 3 months.
Volatility Over Time: FLNG's weekly volatility (3%) has been stable 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
| FLNG fundamental statistics | |
|---|---|
| Market cap | US$1.36b |
| Earnings (TTM) | US$120.04m |
| Revenue (TTM) | US$371.02m |
11.4x
P/E Ratio3.7x
P/S RatioIs FLNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FLNG income statement (TTM) | |
|---|---|
| Revenue | US$371.02m |
| Cost of Revenue | US$70.04m |
| Gross Profit | US$300.99m |
| Other Expenses | US$180.95m |
| Earnings | US$120.04m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 2.23 |
| Gross Margin | 81.12% |
| Net Profit Margin | 32.35% |
| Debt/Equity Ratio | 105.2% |
How did FLNG perform over the long term?
See historical performance and comparison