Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy

  • Get the full experience

    We save the real magic for signed-in users.

Logo
FLNG US​

Flex LNG Ltd.(FLNG US)

$28.57+0.632.25%Ext:$27.40-1.174.10%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Flex LNG Ltd. — Company Profile

Flex LNG Ltd. is a shipping company focused on the transportation of liquefied natural gas (LNG). Its fleet is comprised of thirteen modern LNG carriers featuring state-of-the-art, two-stroke propulsion systems (MEGI and X-DF). These vessels offer significant improvements in fuel efficiency and a reduced carbon footprint compared to older ship designs.

Exchange
UN
CEO
Halfdan Marius Foss
Headquarters
Hamilton, D0, BM
IPO Date
Jun 13, 2019
Employees
9
Website
www.flexlng.com

Key Metrics

Price
$31.42
Market Cap
$1.70B
Revenue (TTM)
$80.46M
Net Income (TTM)
$19.51M
EPS (TTM)
0.36
P/E (TTM)
22.48
P/B (TTM)
2.43
Dividend Yield
10.08%
ROE (TTM)
2.79%
ROA (TTM)
0.75%
Operating Margin
42.51%
Beta
-0.04

Dividends

Last Dividend
$0.75
Last Yield
0.10%

Summary

Flex LNG Ltd. is a shipping company focused on the transportation of liquefied natural gas (LNG). Its fleet is comprised of thirteen modern LNG carriers featuring state-of-the-art, two-stroke propulsion systems (MEGI and X-DF). These vessels offer significant improvements in fuel efficiency and a reduced carbon footprint compared to older ship designs.

Website
www.flexlng.com
Location
Hamilton, D0, BM
Phone4723114000
Employees9
CEOHalfdan Marius Foss
IPO DateJun 13, 2019

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(120)

Expand
  • 4Traaholt Knut18 Sep
  • 4Foss Halfdan Marius21 Aug
  • 6-KCurrent report (foreign private issuer)19 Aug
  • 6-KCurrent report (foreign private issuer)19 Aug
  • 4Foss Halfdan Marius26 Jun
  • 4Traaholt Knut26 Jun
  • 6-KCurrent report (foreign private issuer)13 May
  • 6-KCurrent report (foreign private issuer)25 Mar
  • 3Lorentzon Ola24 Mar
  • 3Grigoriev Nikolai24 Mar
  • 3Weum Mikkel Storm19 Mar
  • 3Traaholt Knut18 Mar
  • 3Foss Halfdan Marius18 Mar
  • 3Jakobsen Steen18 Mar
  • 3Sakmar Susan18 Mar
  • 6-KCurrent report (foreign private issuer)18 Mar
  • 20-FFY 2025ended 31 Dec 202527 Feb
  • 6-KCurrent report (foreign private issuer)11 Feb
  • SC 13DFlex LNG Ltd.5 Feb
  • 6-KCurrent report (foreign private issuer)5 Dec 2025

News

  • Eni Advances Coral North, Evaluates Third Mozambique LNG Facility20 Oct
  • 30 Dividend Buys You Might Hold Forever From October's Russell 3000 Index18 Oct
  • LNG Export Capacity Is Set to Grow 50% by 2030. Here's What It Means for U.S. Energy Stocks.6 Oct
  • These Shipping Stocks Yield Up to 9%. The Dividends Come With a Catch18 Sep
  • Flex LNG - Presentation at the Pareto Securities' Annual Energy Conference17 Sep
  • Flex LNG - Presentation at the Pareto Securities' Annual Energy Conference17 Sep
  • Reviewing Flex LNG (NYSE:FLNG) & TotalEnergies (NYSE:TTE)10 Sep
  • FLEX LNG Ltd. (FLNG) Q2 2026 Earnings Call Transcript19 Aug
  • Flex LNG Q2 Earnings Call Highlights19 Aug
  • FLEX LNG: A High-Yield Opportunity With An Underrated Margin Of Safety19 Aug
  • Contrasting Flex LNG (NYSE:FLNG) and Inplay Oil Cp (OTCMKTS:IPOOF)11 Aug

Mentions in Filings

  • … equity method investments. We also transact business with the following affiliated companies, being companies in which Hemen and companies associated with Hemen have significant influence: SFL Corporation Ltd ("SFL"), <strong>Flex LNG Ltd</strong>, Front Ocean Management AS and Golden Ocean Group Ltd ("Golden Ocean"). On March 12, 2025, Hemen disposed of its entire shareholding in Golden Ocean through a sale to a third party at which time Golden Ocean ceased to …
    Frontline plcFlex LNG Ltd.·6-K - Current report (foreign private issuer)·Q2 26·16 Sep
  • #\*FLEX LNG, Ltd. 3,681 98,283 \*FLEX LNG, Ltd. 9,512 253,970 Frontline PLC 82,358 2,355,157 Gjensidige Forsikring ASA 78,056 2,226,443 \*Grieg Seafood ASA 33,009 255,845 Shares Value NORWAY — (Continued) Hafnia, Ltd. 175,047 $ 1,079,928
    Dimensional ETF TrustFlex LNG Ltd.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … Fund or to any exchange, or set forth in any registration statement, application, or report to shareholders or otherwise made available to the public. Item C.1. Identification of investment. a. Name of issuer (if any). <strong>FLEX LNG LTD</strong>. b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. 21380084THHU3MPC3647 c. Title of the issue or description of the investment. FLEX LNG L …
    Dimensional ETF TrustFlex LNG Ltd.·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • kel Storm Weum currently serves as an Investment Director in Seatankers Management Norway AS, responsible for Sale and Purchase, Newbuildings and Projects. Mr. Weum also serves as a director on the Board of NYSE listed <strong>Flex LNG Ltd</strong>, a position held since May 2025. Prior to being employed by Seatankers Management AS, Mr. Weum served as Senior Vice President, responsible for Business Development in SFL Management AS. Mr. Weum was also employed as V …
    Star Bulk Carriers Corp.Flex LNG Ltd.·20-F - ANNUAL REPORT FY 2025·FY25·19 Mar
  • … oil to ships fitted with alternative mechanisms to address sulfur emission requirements (e.g. scrubbers) became effective January 1, 2019. At present, we have not installed any scrubbers on our existing gas fleet (nor do we have plans to). All of our LNG and NGL vessels are in compliance with 2020 global sulfur fuel regulations. Our fuel strategy is to use LNG as primary fuel (except the Q-<strong>Flex LNG</strong> vessels) and compliance fuels as secondary fuel.
    Seapeak LLCFlex LNG Ltd.·20-F - Annual report (foreign private issuer) FY 2025·FY25·17 Mar
  • Mr. Weum is employed as an Investment Director in Seatankers Management Norway AS, responsible for Sale and Purchase, Newbuildings and Projects. Mr. Weum is also serving as a director on the Board of NYSE listed <strong>Flex LNG Ltd</strong> and on the Board of NYSE listed Star Bulk Carriers Corp. Prior to being employed by Seatankers Management AS, Mr. Mikkel Storm Weum served as Senior Vice President, responsible for Business Development in SFL Management AS. M …
    Frontline plcFlex LNG Ltd.·6-K - Current report (foreign private issuer)·Q1 26·3 Mar

Key Stats

Trading

Px/Chg 1D$31.42 / +0.58%
Avg Volume575.18K
Beta-0.04
Mkt Cap1.70B
FD Mkt Cap1.72B

Float

Shrs Out/Float54.09M / 30.89M
Short Float0.13%
Days to Cover8.28
Stock Repurchased$0.00

Current Valuation

EV3.08B
EV/EBITDA12.65
EV/Sales9.07
P/B2.43
P/S5.00
FCF Yield0.57%
ROE2.79%
ROA0.75%
Current Ratio2.72

Dividend

Cash$0.75
Yield10.08%
Yield (TTM)10.08%

Estimates

P/E22.48
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings40.619.1512.9911.1782.6687.11
Price / Sales10.864.944.203.6920.3521.12
Price / Book Value2.061.901.841.632.482.43
Price / Free Cash Flow52.248.248.917.1961.33175.56
ENTERPRISE VALUE METRICS
Enterprise Value3,002.73,102.82,960.62,687.03,181.73,081.5
Enterprise Value / Sales19.828.927.987.5436.3538.30
Enterprise Value / EBITDA25.999.219.808.9949.6252.32
Enterprise Value / EBIT37.1911.7212.9412.0371.5477.72

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue30.4%343.4347.9371.0356.3347.6
Gross Income-3.2%209.0209.8227.6207.6183.8
EBITDA-4.1%288.4337.0302.2298.9244.1
EBIT-6.4%218.5264.7228.8223.4167.5
Net Income-17.6%162.2188.0120.0117.774.8
EPS (Diluted)-17.9%3.043.512.222.181.38
BALANCE SHEET
Cash & ST Inv22.2%200.7332.3410.4437.2447.7
Total Assets49.1%2,572.92,679.52,709.22,668.92,623.8
Total Liabilities3.1%1,683.51,772.41,861.51,862.31,904.6
Total Shareholder Equity-5.2%889.4907.1847.7806.6719.3
CASH FLOW
Net Operating Cash Flow-11%214.8208.9175.0182.8134.9
Cap Ex—-265.9-0.0-0.0-0.0-
Free Cash Flow—-51.1208.9175.0182.8134.9

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)28.63
Basic Shares54.09
Market Cap1,548.4
Diluted Shares54.09
Fully Diluted Shares Outstanding54.09
Fully Diluted Market Cap1,548.4
+Consolidated Debt1,771.0
−In-the-Money Convertible Debt—
+Capital Leases60.2
+Operating Leases—
−Cash & Equivalents-389.1
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value2,930.3

Related companies

Royal Caribbean Cruises Ltd

RCL US

Viking Holdings Ltd

VIK US

Brookfield Infrastructure Partners L.P.

BIP US

Kirby Corp

KEX US

Matson, Inc.

MATX US

International Seaways, Inc.

INSW US

Golar Lng Ltd

GLNG US

Teekay Tankers Ltd.

TNK US

NORDIC AMERICAN TANKERS Ltd

NAT US

Costamare Bulkers Holdings Ltd

CMDB US

KNOT Offshore Partners LP

KNOP US

EuroDry Ltd.

EDRY US