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FLEX LNG Ltd (FLNG.OL)

FLNG.OL on Oslo Stock Exchange

126.20NOK
17 Apr 2019
Change (% chg)

kr0.40 (+0.32%)
Prev Close
kr125.80
Open
kr126.40
Day's High
kr127.20
Day's Low
kr125.00
Volume
52,593
Avg. Vol
166,611
52-wk High
kr162.50
52-wk Low
kr100.50

Latest Key Developments (Source: Significant Developments)

Flex LNG Signs Time-Charter Contract
Friday, 22 Mar 2019 

March 22 (Reuters) - FLEX LNG Ltd ::FLEX LNG SIGNS TIME-CHARTER CONTRACT WITH ENERGY MAJOR.HAS ENTERED INTO A TIME-CHARTER AGREEMENT WITH AN INTERNATIONAL ENERGY MAJOR.CHARTERER ALSO HAS CERTAIN EXTENSION OPTIONS..TIME CHARTER PERIOD IS FIRM FOR A PERIOD OF 12 MONTHS COMMENCING END OF Q1 2019.  Full Article

Flex LNG Reports Q4 Earnings Per Share Of $0.03
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - FLEX LNG Ltd ::INTERIM FINANCIAL INFORMATION, FOURTH QUARTER 2018.Q4 REVENUE $36.1 MILLION VERSUS $7.9 MILLION.Q4 EARNINGS PER SHARE $0.03.QTRLY VESSEL OPERATING REVENUES AMOUNTED TO $36.1 MILLION FOR Q4 OF 2018, COMPARED TO $7.9 MILLION FOR Q4 OF 2017.  Full Article

Flex LNG Reports Q3 Results
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - FLEX LNG Ltd ::FLEX LNG LTD. INTERIM FINANCIAL INFORMATION, THIRD QUARTER 2018.Q3 REVENUE $19 MILLION VERSUS $9.8 MILLION.SEES Q4 2018 REVENUE ABOUT $35 MILLION.Q3 EARNINGS PER SHARE $0.00.ALREADY COVERED ALL AVAILABLE DAYS FOR Q4.EXPECTS THAT REVENUES FOR Q4 OF 2018 WILL BE APPROXIMATELY $ 35 MILLION.BELIEVES THAT LNG MARKET IS IN EARLY STAGES OF A MULTI-YEAR RECOVERY.MARKET FOR SEABORNE TRANSPORTATION OF LNG IMPROVED SIGNIFICANTLY DURING Q3.LNGC FLEET NOW EXCEEDS 450 VESSELS AND ABOUT 50 VESSELS EXPECTED TO BE DELIVERED IN TOTAL FOR 2018..  Full Article

Flex LNG Q3 Operating Result Swings To Profit Of $7.2 Mln
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - FLEX LNG Ltd ::Q3 VESSEL OPERATING REVENUE $19.0 MILLION VERSUS $9.8 MILLION YEAR AGO.Q3 OPERATING PROFIT $7.2 MILLION VERSUS LOSS $4.1 MILLION YEAR AGO.BELIEVES THAT THE LNG MARKET IS IN THE EARLY STAGES OF A MULTI-YEAR RECOVERY.  Full Article

Flex LNG Names Harald Gurvin New CFO
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - FLEX LNG Ltd ::FLEX LNG: ANNOUNCEMENT OF NEW CHIEF FINANCIAL OFFICER.NAMES HARALD GURVIN CHIEF FINANCIAL OFFICER.  Full Article

FLEX LNG Private Placement Successfully Placed
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - FLEX LNG Ltd ::PRIVATE PLACEMENT SUCCESSFULLY PLACED.PRIVATE PLACEMENT HAS BEEN SUCCESSFULLY PLACED, RAISING GROSS PROCEEDS OF NOK EQUIVALENT OF USD 300 MILLION.PRIVATE PLACEMENT WAS SIGNIFICANTLY OVERSUBSCRIBED.MANAGERS WILL SETTLE SHARE LOAN FROM GEVERAN WITH NEW SHARES ISSUED IN CONNECTION WITH PRIVATE PLACEMENT.GEVERAN HAS BEEN ALLOCATED ABOUT 57.6 MILLION OFFER SHARES AND WILL RETAIN 44.6% OWNERSHIP IN CO.  Full Article

Flex LNG Q4 Profit Before Tax At $1.3 lnM
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Flex Lng Ltd ::Q4 REVENUES OF $7.9M COMPARED TO $9.8M IN PREVIOUS QUARTER..REPORTS PROFIT BEFORE TAX FOR Q4 OF $1.3M.  Full Article

Flex LNG Signs Time-Charter Contract with Uniper
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - FLEX LNG LTD ::FLEX LNG SIGNS TIME-CHARTER CONTRACT FOR FIRST LNGC NEWBUILDING\, AND.HAS ENTERED INTO A TIME-CHARTER CONTRACT FOR LNG CARRIER NEWBUILDING, FLEX ENDEAVOUR, TO UNIPER.TIME CHARTER PERIOD IS FOR 15 TO 18 MONTHS COMMENCING IMMEDIATELY UPON DELIVERY FROM SHIPYARD IN JAN. 2018.THIS ARRANGEMENT BRINGS FORWARD DELIVERY DATE TO COINCIDE WITH DELIVERY OF VESSEL IN H1 JANUARY 2018.  Full Article

‍Geveran settles TRS agreements underlying 810,000 shares in Flex LNG ​
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Flex Lng Ltd ::‍GEVERAN SETTLED TOTAL RETURN SWAP (TRS) AGREEMENTS UNDERLYING 810,000 SHARES IN FLEX LNG LTD​.‍GEVERAN SUBSEQUENTLY ENTERED INTO A NEW TRS AGREEMENT UNDERLYING SAME NUMBER OF SHARES 810,000​.  Full Article

FLEX LNG Q3 operating loss widens to $‍4.1 mln
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - FLEX LNG LTD ::Q3 OPERATING LOSS $ ‍4.1 MILLION VERSUS LOSS $475,000 YEAR AGO.  Full Article

Global LNG shipping rates double since end-August, slow Asia deliveries

* Headline rates for shipping liquified natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic metre LNG tri-fuel diesel electric (TFDE) vessel, brokers say.