Flex Lng Stock Today

FLNG Stock  USD 25.96  0.53  2.08%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
FLEX LNG is trading at 25.96 as of the 29th of January 2025. This is a 2.08 percent increase since the beginning of the trading day. The stock's lowest day price was 25.31. FLEX LNG has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Note, on January 7, 2025, Representative Virginia Foxx of US Congress acquired $15k to $50k worth of FLEX LNG's common stock.
Business Domain
Transportation
IPO Date
17th of June 2019
Category
Energy
Classification
Industrials
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 the United States and is traded on New York Stock Exchange. The company has 53.94 M outstanding shares of which 1.92 M shares are currently shorted by private and institutional investors with about 4.12 trading days to cover. More on FLEX LNG

Moving together with FLEX Stock

  0.65TK TeekayPairCorr
Follow Valuation Options Odds of Bankruptcy
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FLEX Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOOystein Kalleklev
Thematic IdeaTransportation (View all Themes)
Business ConcentrationMarine Transportation, Oil & Gas Midstream, Industrials, NYSE Composite, Oslo Exchange Mutual, Oslo All Share, OSE Benchmark, OBX Industrials GR, Transportation, Industrials, Marine Transportation, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.07360.12
Way Down
Slightly volatile
Total Current Liabilities185.1 M176.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.1 BB
Sufficiently Up
Slightly volatile
Total Assets3.3 B3.1 B
Sufficiently Up
Slightly volatile
Total Current Assets535 M509.5 M
Sufficiently Up
Slightly volatile
Debt Levels
FLEX LNG can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FLEX LNG's financial leverage. It provides some insight into what part of FLEX LNG's total assets is financed by creditors.
Liquidity
FLEX LNG currently holds 1.81 B in liabilities with Debt to Equity (D/E) ratio of 1.9, which is about average as compared to similar companies. FLEX LNG has a current ratio of 1.85, which is within standard range for the sector. Note, when we think about FLEX LNG's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(16.39 Million)
FLEX LNG (FLNG) is traded on New York Stock Exchange in USA. It is located in Par-La-Ville Place, Hamilton, Bermuda, HM08 and employs 10 people. FLEX LNG is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.4 B. FLEX LNG conducts business under Marine Transportation sector and is part of Industrials industry. The entity has 53.94 M outstanding shares of which 1.92 M shares are currently shorted by private and institutional investors with about 4.12 trading days to cover. FLEX LNG currently holds about 271.12 M in cash with 175.03 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.09.
Check FLEX LNG Probability Of Bankruptcy
Ownership Allocation
FLEX LNG holds a total of 53.94 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. On January 7, 2025, Representative Virginia Foxx of US Congress acquired $15k to $50k worth of FLEX LNG's common stock.
Check FLEX Ownership Details

FLEX LNG Historical Income Statement

At this time, FLEX LNG's EBIT is most likely to increase significantly in the upcoming years. The FLEX LNG's current EBITDA is estimated to increase to about 364.9 M, while Total Operating Expenses is projected to decrease to roughly 8.9 M. View More Fundamentals

FLEX Stock Against Markets

FLEX LNG Corporate Management

Steen JakobsenDirectorProfile
Jannicke EilertsenCompliance OfficerProfile
Naren SenaratneChief LtdProfile
Marius FossHead of CommercialProfile
James AyersCompany SecretaryProfile
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 detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.
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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
3
Earnings Share
1.69
Revenue Per Share
6.741
Quarterly Revenue Growth
(0.04)
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.