FLEX LNG (NYSE: FLNG) — Company Overview, News & Financial Data
FLEX LNG specializes in LNG shipping, focusing on safe and efficient transportation of liquefied natural gas.
FLEX LNG
FLEX LNG (NYSE:FLNG) is a pioneer in the global liquefied natural gas (LNG) shipping industry, specializing in the ownership and operation of LNG carriers. The company's fleet is equipped with the latest technology to ensure safe, reliable, and efficient transportation of LNG to all corners of the globe. FLEX LNG is committed to playing a crucial role in the LNG supply chain, aiming to meet the growing global demand for cleaner energy sources. Additionally, the company focuses on environmental sustainability, continually seeking ways to reduce its carbon footprint and enhance the eco-friendliness of its operations. Through strategic fleet expansion and operational excellence, FLEX LNG aims to strengthen its market position and deliver value to its customers and stakeholders.
Snapshot
Operations
Products and/or services of FLEX LNG
- LNG Carrier Services offering transport for liquefied natural gas across global routes, focusing on efficiency and flexibility.
- Time Charter Operations providing vessels to clients under long-term agreements, ensuring consistent service and revenue streams.
- Spot Chartering enabling flexible, short-term hiring of LNG carriers to meet immediate transportation needs.
- Technical Management Services ensuring operational excellence, safety, and compliance of the LNG fleet through expert management.
- Crew Management and Training focused on maintaining highly skilled personnel for optimal operation of the LNG vessels.
- LNG Market Consultancy providing insights and advice on LNG shipping logistics, market trends, and investment opportunities.
FLEX LNG executive team
- Knut TraaholtPrincipal Financial Officer
- Oystein M. KalleklevAdvisor
- Halfdan Marius FossPrincipal Executive Officer
- Lars PedersenChief Technical Officer of Frontline Management & MD of Flex Fleet Management
- Jannicke EilertsenHead of Compliance of Flex LNG Management AS
- Naren SenaratneChief Accounting Officer of Flex LNG Management Ltd
- James AyersCompany Secretary
Latest news about FLEX LNG
Dividend history
Dividends per share paid by FLEX LNG, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $2.2500 |
| FY2025 | — | — | — | $3.0000 |
| FY2024 | — | — | — | $3.0000 |
| FY2023 | — | — | — | $3.3750 |
| FY2022 | — | — | — | $3.5000 |
Key financials
Reported results for FLEX LNG, in USD.
- Market cap
- 1.5B
- Revenue (TTM)
- 360.5M
- P/E ratio
- 14.9
- EPS (diluted, TTM)
- 1.8
- Dividend yield
- 11.0%
- Profit margin
- 28.5%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 347.6M | 175.8M | 74.8M | |
| 356.3M | 197.8M | 117.7M | |
| 371M | 217.2M | 120M | |
| 347.9M | 200.6M | 188M |