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FLEX LNG NYSE:FLNG Stock Report

Last Price

US$22.51

Market Cap

US$1.2b

7D

-0.1%

1Y

-10.1%

Updated

25 Mar, 2025

Data

Company Financials +

FLEX LNG Ltd.

NYSE:FLNG Stock Report

Market Cap: US$1.2b

FLNG Stock Overview

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

FLNG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health2/6
Dividends3/6

Rewards

Trading at 61.6% below our estimate of its fair value

Earnings are forecast to grow 6.47% per year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 13.33% is not well covered by earnings


Community vs My Fair Value

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Select a narrative for quick price alerts from the community, or create your own.

FLNG logo
FLEX LNG
AN
Analyst Price Target
Consensus Narrative from 2 Analysts

Extending LNG Charters Will Ensure Long-Term Revenue Stability

Key Takeaways Strong contract backlog and long-term charters ensure stable revenue, enhancing earnings predictability and cushioning against market cycles. Recent refinancing reduces interest costs, extends debt maturities, and frees cash for operations or shareholder returns, boosting net margins.
View narrative
US$26.00
FV
13.4% undervalued intrinsic discount
2.39%
Revenue growth p.a.
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9users have followed this narrative
6 days ago author updated this narrative
View FLEX LNG Community

FLEX LNG Ltd. Competitors

CrossAmerica Partners

NYSE:CAPL

US$907.3m

Navigator Holdings

NYSE:NVGS

US$966.7m

Global Partners

NYSE:GLP

US$1.8b

SFL

NYSE:SFL

US$1.1b

Price History & Performance

Summary of share price highs, lows and changes for FLEX LNG
Historical stock prices
Current Share PriceUS$22.51
52 Week HighUS$30.48
52 Week LowUS$20.85
Beta0.62
1 Month Change-3.43%
3 Month Change2.64%
1 Year Change-10.07%
3 Year Change-17.36%
5 Year Change343.98%
Change since IPO1,873.00%

Recent News & Updates

Investors Don't See Light At End Of FLEX LNG Ltd.'s (NYSE:FLNG) Tunnel

Mar 03
Investors Don't See Light At End Of FLEX LNG Ltd.'s (NYSE:FLNG) Tunnel

FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025

Feb 06

Recent updates

Investors Don't See Light At End Of FLEX LNG Ltd.'s (NYSE:FLNG) Tunnel

Mar 03
Investors Don't See Light At End Of FLEX LNG Ltd.'s (NYSE:FLNG) Tunnel

FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025

Feb 06

Flex LNG: Market Gears Turning In Its Favor

Jan 04

We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)

Dec 21
We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)

FLEX LNG (NYSE:FLNG) Has A Somewhat Strained Balance Sheet

Dec 03
FLEX LNG (NYSE:FLNG) Has A Somewhat Strained Balance Sheet

FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade

Nov 22

FLEX LNG Ltd.'s (NYSE:FLNG) Prospects Need A Boost To Lift Shares

Oct 26
FLEX LNG Ltd.'s (NYSE:FLNG) Prospects Need A Boost To Lift Shares

FLEX LNG: 12% Yield, Tailwinds

Oct 04

FLEX LNG: A Bond-Like 11.9% Yield To Lock Before Rate Cuts

Sep 09

FLEX LNG (NYSE:FLNG) Shareholders Will Want The ROCE Trajectory To Continue

Sep 06
FLEX LNG (NYSE:FLNG) Shareholders Will Want The ROCE Trajectory To Continue

Flex LNG: Trade The Yield, Don't Marry It

Aug 21

FLEX LNG: 11% Yield On LNG Shipping

Jul 14

Is FLEX LNG (NYSE:FLNG) A Risky Investment?

Jul 12
Is FLEX LNG (NYSE:FLNG) A Risky Investment?

FLEX LNG: Steady Amid Market Uncertainty, But Not A Buy

May 23

FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks

May 08
FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks

FLEX LNG: Bet On Resilient Demand For LNG Carriers

Apr 17

FLEX LNG Q4: Bankable Dividend In Turbulent Waters

Mar 13

Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden

Feb 23
Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden

FLEX LNG: LNG Terminal Pause Adds Some Risk

Feb 09

FLEX LNG (NYSE:FLNG) Is Experiencing Growth In Returns On Capital

Jan 27
FLEX LNG (NYSE:FLNG) Is Experiencing Growth In Returns On Capital

Investors Aren't Entirely Convinced By FLEX LNG Ltd.'s (NYSE:FLNG) Earnings

Jan 08
Investors Aren't Entirely Convinced By FLEX LNG Ltd.'s (NYSE:FLNG) Earnings

FLEX LNG: Consistency Is Key

Dec 12

FLEX LNG: 10% Yield, Special Dividend Declared

Nov 24

Is There An Opportunity With FLEX LNG Ltd.'s (NYSE:FLNG) 25% Undervaluation?

Nov 07
Is There An Opportunity With FLEX LNG Ltd.'s (NYSE:FLNG) 25% Undervaluation?

FLEX LNG: Lower Spot Freight Rates Weigh On Share Price

Oct 10

Not Many Are Piling Into FLEX LNG Ltd. (NYSE:FLNG) Just Yet

Oct 03
Not Many Are Piling Into FLEX LNG Ltd. (NYSE:FLNG) Just Yet

FLEX LNG: Upgrading To 'Buy' As Vessel Values Increase

Sep 27

FLEX LNG (NYSE:FLNG) Is Doing The Right Things To Multiply Its Share Price

Sep 05
FLEX LNG (NYSE:FLNG) Is Doing The Right Things To Multiply Its Share Price

FLEX LNG: 10% Yield, Industry Tailwinds

Aug 20

FLEX LNG: A Promising LNG Shipper

Jun 20

FLEX LNG Ltd. (NYSE:FLNG) Shares Could Be 24% Above Their Intrinsic Value Estimate

Jun 16
FLEX LNG Ltd. (NYSE:FLNG) Shares Could Be 24% Above Their Intrinsic Value Estimate

FLEX LNG: 9% Yield, Strong Q1 Earnings, Tailwinds

May 26

Flex LNG Q4 2022 Earnings Preview

Feb 13

FLEX LNG: A High Yield Floating Pipeline

Feb 01

Flex LNG Q3 2022 Earnings Preview

Nov 14

FLEX LNG: Energy Crisis Likely Not Fully Baked In

Sep 22

Shareholder Returns

FLNGUS Oil and GasUS Market
7D-0.1%2.5%2.9%
1Y-10.1%3.9%10.5%

Return vs Industry: FLNG underperformed the US Oil and Gas industry which returned 2.7% over the past year.

Return vs Market: FLNG underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is FLNG's price volatile compared to industry and market?
FLNG volatility
FLNG Average Weekly Movement4.8%
Oil and Gas Industry Average Movement5.9%
Market Average Movement6.4%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.2%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20069Oystein Kalleklevwww.flexlng.com

FLEX LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. It owns and operates vessels with M-type electronically controlled gas injection LNG carriers, and vessels with generation X dual fuel propulsion systems. The company was incorporated in 2006 and is based in Hamilton, Bermuda.

FLEX LNG Ltd. Fundamentals Summary

How do FLEX LNG's earnings and revenue compare to its market cap?
FLNG fundamental statistics
Market capUS$1.22b
Earnings (TTM)US$117.68m
Revenue (TTM)US$356.35m

10.3x

P/E Ratio

3.4x

P/S Ratio

Is FLNG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLNG income statement (TTM)
RevenueUS$356.35m
Cost of RevenueUS$73.29m
Gross ProfitUS$283.06m
Other ExpensesUS$165.38m
EarningsUS$117.68m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Apr 30, 2025

Earnings per share (EPS)2.18
Gross Margin79.43%
Net Profit Margin33.02%
Debt/Equity Ratio97.1%

How did FLNG perform over the long term?

See historical performance and comparison

Dividends

13.3%

Current Dividend Yield

137%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/25 06:47
End of Day Share Price 2025/03/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

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.

AnalystInstitution
null nullABG Sundal Collier
Kristoffer IdenArctic Securities ASA
Gregory LewisBTIG