| Flex LNG - Invitation to the 2025 First Quarter Presentation |
HAMILTON, Bermuda , May 7, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the first quarter of 2025 on Wednesday May 21, 2025, on or about 07:00 CEST (1:00 a.m. EST). In connection with the earnings release, a live video webcast will be held at 15:00 CEST (9:00 a.m. |
prnewswire.com |
2025-05-07 05:30:00 |
Czytaj oryginał (ang.) |
| Golar entered into 20-year agreements for 5.95mtpa nameplate capacity in Argentina – one of the world's largest FLNG development projects. |
Golar LNG Limited (“GLNG”, “Golar” or “the Company”) is pleased to announce the Final Investment Decision (“FID”) and fulfilment of all conditions precedent for the 20-year re-deployment charter of the FLNG Hilli Episeyo (“FLNG Hilli” or “Hilli”), first announced on July 5, 2024. The vessel will be chartered to Southern Energy S.A. (“SESA”), offshore Argentina. In addition, Golar and SESA have signed definitive agreements for a 20-year charter for the MKII FLNG, currently under conversion at CIMC Raffles shipyard in Yantai, China. The MKII FLNG charter remains subject to FID and the same regulatory approvals as granted to the FLNG Hilli project, expected within 2025. |
globenewswire.com |
2025-05-02 06:32:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Mandatory notification of transaction by primary insider |
HAMILTON, Bermuda , April 17, 2025 /PRNewswire/ -- Flex LNG Ltd. (the "Company") has received a notification of transaction from Susan Sakmar, Director and primary insider in the Company, as further set out in the attached form of notification. |
prnewswire.com |
2025-04-17 20:50:00 |
Czytaj oryginał (ang.) |
| FLNG Gimi completes first LNG offload |
Golar LNG Limited (“Golar”) is pleased to announce that FLNG Gimi completed the offload of its first full LNG cargo to the LNG carrier British Sponsor. This introduces Mauritania and Senegal to the international gas market and triggers the final pre-Commercial Operations Date milestone bonus payment to Golar under the terms of the commercial reset agreed in August 2024. Commissioning remains on track for a Q2 2025 Commercial Operations Date (“COD”). COD triggers the start of the 20-year Lease and Operate Agreement that unlocks the equivalent of around $3 billion of Adjusted EBITDA backlog (Golar's share) and recognition of contractual payments comprised of capital and operating elements in both the balance sheet and income statement. |
globenewswire.com |
2025-04-17 08:00:00 |
Czytaj oryginał (ang.) |
| LNG Shipping Stocks: Week Of Returns |
Market sentiment was surprisingly optimistic, despite political developments, with the UP World LNG Shipping Index gaining 3.03% and several companies achieving double-digit gains. Strong trading volumes in the U.S. and Japan drove significant price movements, with Golar LNG leading the surge at 21.4%. Despite some declines in major gas-oil firms, the overall outlook remains positive due to growing LNG demand and potential new long-term contracts. |
seekingalpha.com |
2025-04-16 08:28:08 |
Czytaj oryginał (ang.) |
| Flex LNG - AGM Notice |
HAMILTON, Bermuda , April 10, 2025 /PRNewswire/ -- FLEX LNG LTD. (the 'Company') announces that its 2025 Annual General Meeting will be held on May 8, 2025. |
prnewswire.com |
2025-04-10 09:22:00 |
Czytaj oryginał (ang.) |
| Mozambique government approves Eni's Coral Norte FLNG plan |
Mozambique on Tuesday approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision. |
reuters.com |
2025-04-08 17:35:27 |
Czytaj oryginał (ang.) |
| FLEX LNG: Strong Credit Metrics And A 13% Dividend Yield |
Initiating coverage on FLEX LNG with a “Hold” rating due to attractive trading levels, strong credit metrics, and a sustainable 13.3% dividend yield. Despite a 10.5% stock price decline in the last 12 months, robust contract coverage and a healthy balance sheet support positive long-term prospects. FLEX's credit metrics are strong with no debt maturities until 2028, positive free cash flows, and compliance with loan covenants. |
seekingalpha.com |
2025-04-02 04:39:28 |
Czytaj oryginał (ang.) |
| Flex LNG - Notice of Annual General Meeting 2025 |
HAMILTON, Bermuda , March 31, 2025 /PRNewswire/ -- FLEX LNG Ltd (the "Company") (NYSE: FLNG) (OSE: FLNG) advises that the 2025 Annual General Meeting of the Company will be held on 8 May 2025. The record date for voting at the Annual General Meeting is set to 1 April 2025. |
prnewswire.com |
2025-03-31 07:04:00 |
Czytaj oryginał (ang.) |
| Dividend Power Dogs: 3 Top Dividend Picks For March |
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%. |
seekingalpha.com |
2025-03-12 09:29:29 |
Czytaj oryginał (ang.) |
| 3 Shipping Stocks Worth Betting on Despite Industry Headwinds |
Following a careful analysis of the Zacks Transportation Shipping industry, we advise betting on stocks like FRO, FLNG and GOGL. |
zacks.com |
2025-03-10 13:11:11 |
Czytaj oryginał (ang.) |
| Flex LNG - Company presentation March 2025 |
HAMILTON, Bermuda , March 6, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG") (NYSE: FLNG) (OSE: FLNG) participated in one-on-one investor meetings at the Deutsche Bank 2025 Virtual Shipping Seminar this week, and will host additional investor meetings at DNB's Energy & Shipping Conference 2025 today. The presentation used is attached hereto and is also available on our web page. |
prnewswire.com |
2025-03-06 03:15:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Filing of 2024 Annual Report on Form 20-F |
HAMILTON, Bermuda , Feb. 28, 2025 /PRNewswire/ -- Flex LNG Ltd (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2024 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "Commission"). The attached Annual Report can also be downloaded from the Company's website, www.flexlng.com/category/annual-reports/ and is available on the website of the Commission, www.sec.gov. |
prnewswire.com |
2025-02-28 14:15:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Ex Date Q4 2024 |
HAMILTON, Bermuda , Feb. 19, 2025 /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, February 19, 2025. |
prnewswire.com |
2025-02-19 03:18:00 |
Czytaj oryginał (ang.) |
| Eni Rejects Exmar's FLNG Bonus Claim in Congo LNG Dispute |
E rejects Exmar's demand for a bonus on the FLNG Tango, a key part of the Congo LNG project, sparking a contractual dispute between the two energy firms. |
zacks.com |
2025-02-11 10:36:08 |
Czytaj oryginał (ang.) |
| FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025 |
FLEX LNG Ltd. benefits from long-term charters, insulating it from current low spot market rates and decreased European LNG imports. Despite lower TCE rates and earnings in 2024, FLNG maintains a high dividend yield of 11.55%, with a stable payout ratio. FLNG's valuations are higher than industry averages, leading to a cautious stance on acquiring new shares despite strong dividend coverage. |
seekingalpha.com |
2025-02-06 11:15:00 |
Czytaj oryginał (ang.) |
| FLEX LNG Ltd. (FLNG) Q4 2024 Earnings Call Transcript |
FLEX LNG Ltd. (NYSE:FLNG ) Q4 2024 Earnings Conference Call February 4, 2025 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 Fourth Quarter 2024 Result Presentation where we will also go through the numbers for the full year. |
seekingalpha.com |
2025-02-04 17:12:19 |
Czytaj oryginał (ang.) |
| LNG Shipping Stocks: Sideways Cruises |
The UP World LNG Shipping Index (UPI) gained 0.40%, while the S&P 500 lost 1%, reflecting stable market conditions and cold weather in Europe. LNG tankers are diverting from Asia to Europe due to lower gas consumption in Asia and higher demand in Europe. Spot rates for LNG shipping are falling, with rates below operating costs, impacting companies like Awilco LNG and Chevron negatively. |
seekingalpha.com |
2025-02-04 08:56:13 |
Czytaj oryginał (ang.) |
| Flex LNG - Fourth Quarter 2024 Presentation |
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s fourth quarter 2024 results which will be presented in a live video webcast today at 15:00 CET (09:00 a.m. |
prnewswire.com |
2025-02-04 03:32:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Fourth Quarter 2024 Earnings Release |
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the three months and year ended December 31, 2024. |
prnewswire.com |
2025-02-04 03:19:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Key information relating to the cash distribution for the fourth quarter 2024 |
HAMILTON, Bermuda , Feb. 4, 2025 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the fourth quarter 2024. |
prnewswire.com |
2025-02-04 03:18:00 |
Czytaj oryginał (ang.) |
| BP Achieves Milestone in GTA Project With First FLNG Gas |
BP's GTA project advances with FLNG Gimi commissioning, unlocking long-term value with 20 years of LNG production. |
zacks.com |
2025-01-22 10:26:08 |
Czytaj oryginał (ang.) |
| FLNG Gimi Received First Gas From the GTA Field |
Golar LNG Limited (“Golar”) is pleased to announce that on January 18, 2025, FLNG Gimi received feed gas from the bp operated FPSO on the Greater Tortue Ahmeyim (“GTA”) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced. Prior to achieving this key milestone, gas from the LNG carrier British Sponsor was being used to undertake advanced commissioning work. Receipt of gas from the FPSO allows the full commissioning activity to ramp up. The first LNG export cargo is now expected within Q1 2025, and full Commercial Operations Date (“COD”) is expected within Q2 2025, subject to all conditions being met. |
globenewswire.com |
2025-01-21 09:51:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Invitation to the 2024 Fourth Quarter Presentation |
HAMILTON, Bermuda , Jan. 21, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the fourth quarter of 2024 on Tuesday February 4, 2025, on or about 07:00 CET (1:00 a.m. ET). In connection with the earnings release, a live video webcast will be held at 15:00 CET (9:00 a.m. |
prnewswire.com |
2025-01-21 03:17:00 |
Czytaj oryginał (ang.) |
| Golar Acquires All Outstanding Minority Interests in the FLNG Hilli |
Golar LNG Limited ("Golar" or "the Company") is pleased to announce that the company has acquired Seatrium's and Black & Veatch's minority ownership interests in the FLNG Hilli. The acquisitions comprise all third-party interests in the asset, including a total of 5.45% common units, 10.9% Series A shares and 10.9% Series B shares. The transaction is equivalent to ~8% of the full FLNG capacity. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility. The full economic interest of the increased ownership in FLNG Hilli will be effective from 1st of January 2025. |
globenewswire.com |
2024-12-24 07:16:00 |
Czytaj oryginał (ang.) |
| LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures |
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and potentially used for floating storage, which may stabilize or reverse spot rate declines. Key players like Tsakos Energy Navigation and Flex LNG experienced significant losses, while New Fortress Energy and Awilco LNG saw gains, indicating a mixed industry outlook. |
seekingalpha.com |
2024-12-03 05:30:16 |
Czytaj oryginał (ang.) |
| Flex LNG - Announces 15-year Time Charter for Flex Constellation |
HAMILTON, Bermuda , Nov. 29, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce it has agreed a new Time Charter Agreement ("TC") for Flex Constellation for 15-years. Commencement of the charter will occur during the first or second quarter of 2026 with maturity in 2041. |
prnewswire.com |
2024-11-29 05:00:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Ex Date Q3 2024 |
HAMILTON, Bermuda , Nov. 26, 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, November 26, 2024. |
prnewswire.com |
2024-11-26 03:28:00 |
Czytaj oryginał (ang.) |
| FLEX LNG: Great Company, Abysmal Market |
FLEX LNG remains a reliable and shareholder-friendly LNG transportation company, despite market headwinds. The company reported stable earnings in line with guidance, declared its 13th consecutive dividend, and projected a 2024 EBITDA of $272 million, slightly down from $290 million in 2023. The global order book equivalent to 50% of the current fleet and the rise of a shadow fleet threaten asset prices and growth prospects in the LNG transportation sector. |
seekingalpha.com |
2024-11-24 05:42:51 |
Czytaj oryginał (ang.) |
| FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade |
FLEX reported $90.5 million revenue in 3Q24, compared to $94.6 million in 3Q23. On the other hand, QoQ revenue increased by 6.4%. It declared $17.4 million net income and $0.32EPS. FLEX has a 208% Total Debt to Equity. The company reported $289 million cash and $330 million fully undrawn revolving tranches. For 3Q24, FLEX announced a $0.75/share dividend. The LTM yield is 11.85%. The payout ratio is 143%. |
seekingalpha.com |
2024-11-22 03:08:33 |
Czytaj oryginał (ang.) |
| FLEX LNG Ltd. (FLNG) Q3 2024 Earnings Call Transcript |
FLEX LNG Ltd. |
seekingalpha.com |
2024-11-12 16:17:52 |
Czytaj oryginał (ang.) |
| Interim results for the period ended September 30, 2024 |
Highlights and subsequent events Final Investment Decision (“FID”) for MK II 3.5mtpa FLNG for delivery within 2027. Received reservation notice for FLNG Hilli under definitive agreements with Pan American Energy (“PAE”) for 20-year FLNG deployment in Argentina. |
globenewswire.com |
2024-11-12 08:11:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Third Quarter 2024 Earnings Release |
HAMILTON, Bermuda , Nov. 12, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024. |
prnewswire.com |
2024-11-12 03:39:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Key information relating to the cash distribution for the third quarter 2024 |
HAMILTON, Bermuda , Nov. 12, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the third quarter 2024. |
prnewswire.com |
2024-11-12 03:20:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Third Quarter 2024 Presentation |
HAMILTON, Bermuda , Nov. 12, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s third quarter 2024 results which will be presented in a live video webcast today at 15:00 CET (09:00 a.m. |
prnewswire.com |
2024-11-12 03:16:00 |
Czytaj oryginał (ang.) |
| Flex LNG secures Time Charter extension for Flex Courageous and Flex Resolute by up to 10 years from 2029 |
HAMILTON, Bermuda , Nov. 7, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce it has agreed with the Charterer of Flex Courageous and Flex Resolute, a Supermajor, to amend the existing Time Charter Agreements ("TC") for the two LNG carriers where the parties have agreed a new firm period from 2029 to 2032 which may be extended by an additional seven years in total until 2039. As communicated by the Company on November 1, 2021, Flex LNG and the Charterer then agreed TCs for the two ships with commencement during the first quarter of 2022 where the firm period was three years for each of the LNG carriers and where the Charterer could extend each ship by two additional two-year periods. |
prnewswire.com |
2024-11-07 03:24:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Invitation to the 2024 Third Quarter Presentation |
HAMILTON, Bermuda , Nov. 5, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the third quarter of 2024 on Tuesday November 12, 2024, on or about 07:00 CET (1:00 a.m. EST). In connection with the earnings release, a live video webcast will be held at 15:00 CET (9:00 a.m. |
prnewswire.com |
2024-11-05 04:56:00 |
Czytaj oryginał (ang.) |
| New Fortress Energy Provides Update on its Initial FLNG Asset |
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its initial Fast LNG unit has completed its third cargo loading today. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE's operation in Puerto Rico. The unit is producing at or above its nameplate capacity of 1.4 MTPA. “We are excited that we have achieved full nameplate performance and believe there is room for further production gains as we continue t. |
businesswire.com |
2024-10-25 21:30:00 |
Czytaj oryginał (ang.) |
| Flex LNG - Company presentation October 2024 |
HAMILTON, Bermuda , Oct. 16, 2024 /PRNewswire/ -- Flex LNG announces that CFO Knut Traaholt will be meeting with investors in the US and Canada as part of a non-deal roadshow. The presentation used is attached hereto and is also available on our web page. |
prnewswire.com |
2024-10-16 15:16:00 |
Czytaj oryginał (ang.) |
| LNG Shipping Stocks: Cautiously Optimistic For Growth Ahead |
UPI index declined by 0.89% last week, while the S&P 500 gained 1.11%, highlighting a challenging period for LNG shipping stocks. Despite the lack of significant news, long-term contracts averaging $84,000 per day remain a strong point for UPI companies compared to spot rates. Excelerate Energy led gains with a 2.1% rise, while New Fortress Energy saw the largest decline at 7.2%, indicating mixed performance among constituents. |
seekingalpha.com |
2024-10-15 00:06:53 |
Czytaj oryginał (ang.) |
| FLEX LNG: LNG Shipping Idea For Income-Minded Investors; Rating Unchanged |
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%. |
seekingalpha.com |
2024-10-05 08:28:54 |
Czytaj oryginał (ang.) |
| FLEX LNG: 12% Yield, Tailwinds |
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. |
seekingalpha.com |
2024-10-04 13:15:00 |
Czytaj oryginał (ang.) |
| Flex LNG finalize $430 million in new financings |
HAMILTON, Bermuda , Oct. 3, 2024 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" and/or the "Company") (NYSE: FLNG) (OSE: FLNG) is pleased to announce today that the aggregate $430 million of new financings announced in the Q2-2024 report have been completed according to plan with net proceeds of about $97 million. On September 24, 2024, the new $270 million bank facility financing Flex Aurora and Flex Ranger was completed, and the previous $375 million bank facility was repaid in full. |
prnewswire.com |
2024-10-03 08:11:00 |
Czytaj oryginał (ang.) |
| New Fortress Energy Provides Update on its Initial FLNG Asset |
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,. |
businesswire.com |
2024-09-30 14:55:00 |
Czytaj oryginał (ang.) |