Streetbeat News

FLNG

FLEX LNG Ltd.

https://www.flexlng.com

Industry

Oil & Gas Midstream

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Open

21.91

Mkt cap

1.2B

Volume

963K

High

22.26

P/E Ratio

10.09

52-wk high

30.48

Low

21.87

Div yield

0.14

52-wk low

20.85

Eni has rejected Exmar's demand for a bonus related to the FLNG Tango, which is a crucial component of the Congo LNG project. This has led to a contractual dispute between the two energy companies.

Portfolio Pulse from

February 11, 2025 | 2:00 pm

FLEX LNG Ltd. held its Q4 2024 earnings call, discussing the company's financial performance for the quarter and the full year.

Portfolio Pulse from

February 04, 2025 | 8:30 pm

Golar LNG Limited announced that FLNG Gimi has received feed gas from the GTA project, marking the start of full commissioning. The first LNG export is expected in Q1 2025, with full commercial operations anticipated in Q2 2025.

Portfolio Pulse from

January 21, 2025 | 1:00 pm

Golar LNG Limited has acquired all outstanding minority interests in the FLNG Hilli from Seatrium and Black & Veatch, increasing its ownership by approximately 8% of the full FLNG capacity. The transaction is valued at $90.2 million, with the full economic interest effective from January 1, 2025.

Portfolio Pulse from

December 24, 2024 | 10:30 am

FLEX LNG Ltd. (FLNG) held its Q3 2024 earnings call, discussing financial performance and future outlook.

Portfolio Pulse from

November 12, 2024 | 7:30 pm

The company has made a Final Investment Decision (FID) for the MK II 3.5mtpa FLNG, expected to be delivered by 2027. Additionally, a reservation notice for FLNG Hilli has been received under agreements with Pan American Energy for a 20-year deployment in Argentina.

Portfolio Pulse from

November 12, 2024 | 11:30 am

Jefferies analyst Omar Nokta has upgraded Flex LNG (NYSE:FLNG) from Underperform to Hold, while maintaining the price target at $24.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 4:39 pm

Flex LNG (NYSE:FLNG) reported Q2 2024 adjusted EPS of $0.56, beating the estimate of $0.50, but sales of $84.7M missed the $86M estimate. EPS increased by 7.69% YoY, while sales decreased by 2.34% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 5:40 am

On CNBC's 'Halftime Report Final Trades,' experts discussed Chevron, Adobe, FLEX LNG, and Electronic Arts. Chevron and Exxon Mobil plan to file a lawsuit against the Biden administration's emission cuts. FLEX LNG has a 12% dividend yield and posted strong Q1 results. Adobe beat Q2 earnings estimates, and Electronic Arts is set to host an Investor Day.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 12:51 pm

CNBC's 'Final Trades' segment highlighted Electronic Arts (EA), Chevron (CVX), FLEX LNG (FLNG), and Adobe (ADBE).

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:01 pm

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