FLNG Stock Overview
Engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
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FLEX LNG Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$21.33 |
| 52 Week High | US$31.41 |
| 52 Week Low | US$20.85 |
| Beta | 0.70 |
| 1 Month Change | -19.02% |
| 3 Month Change | -18.02% |
| 1 Year Change | -29.09% |
| 3 Year Change | -6.28% |
| 5 Year Change | 95.51% |
| Change since IPO | 1,769.58% |
Recent News & Updates
We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)
Dec 21
FLEX LNG (NYSE:FLNG) Has A Somewhat Strained Balance Sheet
Dec 03FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade
Nov 22Recent updates
We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)
Dec 21FLEX LNG (NYSE:FLNG) Has A Somewhat Strained Balance Sheet
Dec 03FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade
Nov 22FLEX LNG Ltd.'s (NYSE:FLNG) Prospects Need A Boost To Lift Shares
Oct 26FLEX LNG: 12% Yield, Tailwinds
Oct 04FLEX LNG: A Bond-Like 11.9% Yield To Lock Before Rate Cuts
Sep 09FLEX LNG (NYSE:FLNG) Shareholders Will Want The ROCE Trajectory To Continue
Sep 06Flex LNG: Trade The Yield, Don't Marry It
Aug 21FLEX LNG: 11% Yield On LNG Shipping
Jul 14Is FLEX LNG (NYSE:FLNG) A Risky Investment?
Jul 12FLEX LNG: Steady Amid Market Uncertainty, But Not A Buy
May 23FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks
May 08FLEX 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 16Shareholder Returns
| FLNG | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -4.3% | -5.1% | -2.4% |
| 1Y | -29.1% | 2.6% | 23.3% |
Return vs Industry: FLNG underperformed the US Oil and Gas industry which returned 2.6% over the past year.
Return vs Market: FLNG underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| FLNG volatility | |
|---|---|
| FLNG Average Weekly Movement | 4.4% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FLNG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FLNG's weekly volatility (4%) 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$1.15b |
| Earnings (TTM) | US$91.86m |
| Revenue (TTM) | US$362.65m |
12.5x
P/E Ratio3.2x
P/S RatioIs FLNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FLNG 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 FLNG perform over the long term?
See historical performance and comparisonDividends
14.1%
Current Dividend Yield176%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FLEX LNG Ltd. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristoffer Iden | Arctic Securities ASA |
| Gregory Lewis | BTIG |
| Marius Furuly | Carnegie Investment Bank AB |