FLEX LNG (Norway) Today
| FLNG Stock | NOK 289.80 0.80 0.28% |
Performance0 of 100
| Odds Of DistressLess than 9
|
FLEX LNG is selling for 289.80 as of the 22nd of November 2024. This is a 0.28 percent decrease since the beginning of the trading day. The stock's lowest day price was 288.0. FLEX LNG has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for FLEX LNG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas worldwide. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. FLEX LNG operates under Oil Gas Midstream classification in Norway and is traded on Oslo Stock Exchange. The company has 53.68 M outstanding shares. More on FLEX LNG
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FLEX Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FLEX LNG's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FLEX LNG or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Ltd | Oystein Kalleklev |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) |
FLEX LNG (FLNG) is traded on Oslo Stock Exchange in Norway and employs 8 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FLEX LNG's market, we take the total number of its shares issued and multiply it by FLEX LNG's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FLEX LNG operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 53.68 M outstanding shares.
FLEX LNG has accumulated about 200.65 M in cash with 214.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.7.
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Ownership AllocationFLEX LNG holds a total of 53.68 Million outstanding shares. FLEX LNG retains considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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FLEX LNG Risk Profiles
Although FLEX LNG's alpha and beta are two of the key measurements used to evaluate FLEX LNG's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.17 | |||
| Semi Deviation | 1.31 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.24 |
FLEX Stock Against Markets
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FLEX LNG Corporate Management
Elected by the shareholders, the FLEX LNG's board of directors comprises two types of representatives: FLEX LNG inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FLEX. The board's role is to monitor FLEX LNG's management team and ensure that shareholders' interests are well served. FLEX LNG's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FLEX LNG's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Knut Traaholt | CFO Ltd | Profile | |
| Thomas Thorkildsen | Sr Devel | Profile | |
| Jannicke Eilertsen | Compliance Officer | Profile | |
| James Ayers | Company Sec | Profile | |
| Lars Pedersen | Chief Management | Profile |
Additional Information and Resources on Investing in FLEX Stock
When determining whether FLEX LNG is a strong investment it is important to analyze FLEX LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FLEX LNG's future performance. For an informed investment choice regarding FLEX Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy FLEX Stock please use our How to buy in FLEX Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.