FLNG Stock Recent News

FLEX LNG owns 13 LNG carriers with an average age of 4.8 years. Nine of the ships have MEGA/MEGI engines, while the other four have X-DF engines. Despite a 33% QoQ net income decline in 2Q24 due to seasonality and higher operating expenses, FLNG maintains a strong balance sheet and attractive dividends. For 2Q24, the company declared a $0.75/share quarterly dividend. At the present stock price, the LTM yield is 11.90%.

FLEX LNG Ltd. benefited from higher LNG prices and shipping rates post-Russia's 2022 invasion of Ukraine, securing long-term charters and raising dividends. Despite a slight drop in Q2 '24 earnings due to lower TCE rates and derivative losses, adjusted net income increased. FLNG's forward dividend yield is around 12%, with a solid cash position and manageable debt, but its stock has underperformed recently.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today is pleased to provide an update on its initial Fast LNG asset located offshore Altamira, Mexico (“FLNG”). NFE's FLNG asset has achieved First Full Cargo & Sail Away, with its first full LNG cargo fully loaded onto the Energos Princess and setting sail for Europe. “This is a significant milestone for our Fast LNG installation. Natural gas and power supply are critical components of a sustainable,.

HAMILTON, Bermuda , Sept. 12, 2024 /PRNewswire/ -- CEO Øystein Kalleklev will be presenting Flex LNG today at the 31st Energy Conference hosted by Pareto Securities.

HAMILTON, Bermuda , Aug. 28, 2024 /PRNewswire/ -- The shares in Flex LNG Ltd. (Ticker: FLNG) traded on Oslo Stock Exchange ("OSE") and registered with Euronext Securities Oslo will trade ex dividend of USD 0.75 per share as of today, August 28, 2024.

FLEX LNG Ltd. (NYSE:FLNG ) Q2 2024 Earnings Conference Call August 14, 2024 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein Kalleklev Hi, everybody, and welcome to FLEX LNG's Second Quarter Result Presentation.

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FLEX LNG's (FLNG) operating costs are likely to have been high in Q2.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) today is pleased to provide an update on its initial Fast LNG asset located offshore Altamira, Mexico (“FLNG”). NFE's FLNG asset is performing well as expected. The asset is scheduled to conclude commissioning and its preproduction run on Friday, August 9th, with the first partial LNG cargo set to be loaded onto the Energos Princess. This cargo will then be delivered to NFE's La Paz, Mexico terminal in th.

FLEX LNG Ltd. (NYSE:FLNG ) Q1 2024 Earnings Conference Call May 23, 2024 9:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Knut Traaholt - Chief Financial Officer Oystein Kalleklev [Call Starts Abruptly] Management and I will be joined by my colleague, Knut Traaholt, our CFO, who will run you through the numbers a bit later in the presentation.