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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2024 | $24.00 | Underperform → Hold | Jefferies |
| 2/27/2024 | $32.00 → $23.00 | Hold → Underperform | Jefferies |
| 2/16/2023 | Buy → Hold | Danske Bank | |
| 7/21/2022 | $26.00 | Hold | Jefferies |
HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the six months ended June 30, 2025. Highlights: Vessel operating revenues of $86.0 million for the second quarter 2025, compared to $88.4 million for the first quarter 2025.Net income of $17.7 million and basic earnings per share of $0.33 for the second quarter 2025, compared to net income of $18.7 million and basic earnings per share of $0.35 for the first quarter 2025.Average Time Charter Equivalent ("TCE") rate of $72,012 per day for the second quarter 2025, compared to $73,891 per day for the first quarter 2025.Adjusted EBITDA of $62.6 million
HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- The Board of Directors of Flex LNG Ltd. ("Flex LNG" or the "Company") authorized a share buyback program that allows the Company to repurchase up to $15 million of its outstanding shares. In furtherance of the program, the Company announces today that it has put in place an agreement with DNB Markets, Inc. and DNB Carnegie, a part of DNB Bank ASA, for the repurchase of the Company's shares in open market transactions on the Oslo Stock Exchange ("OSE") and the New York Stock Exchange ("NYSE"). Repurchases on the OSE will be completed in accordance with the Market Abuse Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1
HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. (the "Company") for the second quarter 2025. The distribution will be made from the Company's Contributed Surplus Account. Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange ("NYSE") will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange ("OSE") will continue to settle its trades on a T+2 basis. As a result, there will be different dates between the two stock exchanges, as set out below. During these interim days, investors may be r
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
6-K - Flex LNG Ltd. (0001772253) (Filer)
Jefferies upgraded FLEX LNG from Underperform to Hold and set a new price target of $24.00
Jefferies downgraded FLEX LNG from Hold to Underperform and set a new price target of $23.00 from $32.00 previously
Danske Bank downgraded FLEX LNG from Buy to Hold
SC 13G/A - Flex LNG Ltd. (0001772253) (Subject)
SC 13G/A - Flex LNG Ltd. (0001772253) (Subject)
SC 13G/A - Flex LNG Ltd. (0001772253) (Subject)
HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the six months ended June 30, 2025. Highlights: Vessel operating revenues of $86.0 million for the second quarter 2025, compared to $88.4 million for the first quarter 2025.Net income of $17.7 million and basic earnings per share of $0.33 for the second quarter 2025, compared to net income of $18.7 million and basic earnings per share of $0.35 for the first quarter 2025.Average Time Charter Equivalent ("TCE") rate of $72,012 per day for the second quarter 2025, compared to $73,891 per day for the first quarter 2025.Adjusted EBITDA of $62.6 million
HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- The Board of Directors of Flex LNG Ltd. ("Flex LNG" or the "Company") authorized a share buyback program that allows the Company to repurchase up to $15 million of its outstanding shares. In furtherance of the program, the Company announces today that it has put in place an agreement with DNB Markets, Inc. and DNB Carnegie, a part of DNB Bank ASA, for the repurchase of the Company's shares in open market transactions on the Oslo Stock Exchange ("OSE") and the New York Stock Exchange ("NYSE"). Repurchases on the OSE will be completed in accordance with the Market Abuse Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1
HAMILTON, Bermuda, June 24, 2025 /PRNewswire/ -- The Board of Directors of Flex LNG Ltd ("Flex LNG" or the "Company") has approved a long-term incentive plan (the "LTIP") and hereby announces that up to 187,142 synthetic options have today been granted to management and employees of the Company. The synthetic options will have a five-year term expiring June 24, 2030, and will vest over a three-year vesting period as follows: * 1/3 of the synthetic options will vest on June 24, 2026 * 1/3 of the synthetic options will vest on June 24, 2027 * 1/3 of the synthetic options will vest on June 24, 2028 The exercise price of the synthetic options is USD 23.75. The exercise price will further be adj