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FLEX LNG Ltd (FLNG.OL)

FLNG.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Geveran Settles TRS Agreements In Flex LNG And Enters Into New Agreement
Friday, 7 Jun 2019 

June 7 (Reuters) - Oslo Børs::ANNOUNCED ON THURSDAY GEVERAN TRADING HAS SETTLED TOTAL RETURN SWAP AGREEMENTS UNDERLYING 825,000 SHARES IN FLEX LNG <<>> EXPIRING JUNE 6.GEVERAN SUBSEQUENTLY ENTERED INTO NEW TRS AGREEMENT UNDERLYING SAME NUMBER OF SHARES 825,000.NEW EXPIRY DATE IS SEPT 6, 2019.NEW TRS PRICE IS NOK 101.0015 PER SHARE.FOLLOWING TRANSACTION GEVERAN'S AFFILIATED OWNERSHIP IN FLEX LNG IS UNCHANGED, CONSTITUTING 44.61 PERCENT OF THE ISSUED SHARE CAPITAL.  Full Article

Flex LNG Q1 Operating Income At $3.0 Million
Friday, 31 May 2019 

May 31 (Reuters) - FLEX LNG Ltd ::Q1 REVENUES $19.1 MILLION, COMPARED TO $36.1 MILLION FOR Q4 2018.Q1 OPERATING INCOME $3.0 MILLION, COMPARED TO $21.5 MILLION IN Q4 2018.Q1 NET LOSS $3.4 MILLION, COMPARED TO NET INCOME OF $15.2 MILLION FOR Q4 2018."US LISTING WILL GIVE US ACCESS TO LARGER AND DEEPER CAPITAL MARKET" -CEO.SAYS OUTLOOK FOR LNG SHIPPING DEMAND, ALBEIT SHOWING SLOW GROWTH IN THE FIRST QUARTER 2019, REMAINS SOUND.SAYS LONG TERM PROJECTIONS FOR INDUSTRY ARE WELL SUPPORTED, AND FLEX LNG IS VERY WELL POSITIONED TO CAPITALIZE ON GLOBAL SHIFT FOR CLEANER ENERGY.  Full Article

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