FLEX LNG (FLNG) AI Stock Analysis

• Market Cap: $1.37B
• Dividend Yield: 11.82%
• Average Volume (3M): 390.32K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 0.33
• Revenue Growth: -3.20%
• EPS Growth: 6.76%
• Country: US
• Employees: 9
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Midstream
• EPS (TTM): 0.43
• Shares Outstanding: 54,087,770
• 10 Day Avg. Volume: 468,965
• 30 Day Avg. Volume: 390,316
• PEG Ratio: -4.70
• Price to Book (P/B): 1.53
• Price to Sales (P/S): 3.47
• P/FCF Ratio: 6.76
• Enterprise Value/Market Cap: 2.02
• Enterprise Value/Revenue: 7.86
• Enterprise Value/Gross Profit: 14.37
• Enterprise Value/Ebitda: 11.19
• 1Y Price Target: $26.70
• Price Target Upside: 5.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 1.78
• Revenue Forecast (FY): $340.49M

• Rating: 79 Outperform
• Price Target: $30.00 ▲(18.72% Upside)

FLEX LNG's strong financial performance, attractive valuation, and positive earnings call sentiment drive a high overall score. The technical analysis supports a bullish outlook, while the company's robust contract backlog and dividend yield further enhance its investment appeal.

Positive Factors

Strong Financial Performance

Consistent profitability and a high cash balance of $479 million highlight financial resilience, supporting long-term operational stability.

Solid Contract Backlog

A strong contract backlog ensures revenue visibility and stability, protecting against market fluctuations and supporting future growth.

Record Dividend Yield

A consistent dividend yield reflects robust cash generation and financial health, enhancing shareholder value and investment appeal.

Negative Factors

Spot Market Challenges

Challenges in the spot market can affect short-term revenue, highlighting the need for strategic adjustments to mitigate volatility.

Charter Non-Renewal

Non-renewal of charters may lead to temporary revenue gaps, requiring proactive management to secure new contracts and maintain fleet utilization.

Decline in Asian LNG Imports

A decline in Asian LNG imports could impact demand, necessitating strategic diversification to mitigate regional dependency risks.

FLEX LNG Business Overview & Revenue Model

Company Description

FLEX LNG is a leading provider of liquefied natural gas (LNG) transportation services, focusing on the operation of a modern fleet of LNG carriers. The company operates in the maritime shipping sector, specializing in the transportation of LNG from production facilities to various global markets. FLEX LNG is dedicated to providing safe, reliable, and efficient transportation solutions to its customers, which include major energy companies and trading houses.

How the Company Makes Money

FLEX LNG generates revenue primarily through long-term time charters and spot market contracts for its fleet of LNG carriers. The company enters into contracts with customers for the transportation of LNG, which provides a stable income stream. Additionally, FLEX LNG benefits from operational efficiency and low operating costs, which enhance profit margins. The company also seeks to capitalize on favorable market conditions by engaging in spot market transactions, allowing it to take advantage of higher rates during periods of increased demand for LNG shipping. Strategic partnerships with key players in the energy sector further bolster its revenue potential, ensuring a steady flow of contracts and enhancing its competitive position in the market.

FLEX LNG Financial Statement Overview

Summary

FLEX LNG demonstrates robust financial health with strong profitability and a stable balance sheet. While cash flow management poses some challenges, the company maintains solid financial metrics that support its operations and growth in the fossil fuels industry.

Income Statement

FLEX LNG shows strong profitability with a stable gross profit margin and EBIT margin over the years. However, the net income has been fluctuating, indicating potential volatility. Revenue growth is inconsistent but has shown resilience in challenging years.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio and a solid equity ratio, indicating a stable capital structure. The return on equity is strong, but there is potential risk due to substantial total debt levels.

Cash Flow

Operating cash flow is consistently positive, showing good cash conversion from operations. However, free cash flow has seen significant fluctuations, which may indicate challenges in managing capital expenditures and financing needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	351.03M	356.35M	371.02M	347.92M	343.45M	164.46M
Gross Profit	192.00M	207.58M	227.62M	209.76M	209.04M	81.92M
EBITDA	246.50M	298.89M	302.20M	336.96M	288.36M	91.84M
Net Income	98.48M	117.68M	120.04M	188.04M	162.21M	8.11M
Balance Sheet
Total Assets	2.68B	2.67B	2.71B	2.68B	2.57B	2.30B
Cash, Cash Equivalents and Short-Term Investments	478.73M	437.15M	410.43M	332.33M	200.65M	128.88M
Total Debt	1.87B	1.81B	1.81B	1.71B	1.64B	1.42B
Total Liabilities	1.94B	1.86B	1.86B	1.77B	1.68B	1.47B
Stockholders Equity	738.28M	806.63M	847.65M	907.09M	889.39M	835.17M
Cash Flow
Free Cash Flow	156.59M	182.79M	175.03M	208.86M	-51.09M	-602.09M
Operating Cash Flow	156.59M	182.80M	175.03M	208.87M	214.84M	89.30M
Investing Cash Flow	0.00	-4.00K	-2.00K	―	-265.93M	-691.39M
Financing Cash Flow	32.64M	-155.61M	-96.54M	-77.75M	123.10M	603.32M

FLEX LNG Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 25.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLNG, the sentiment is Neutral. The current price of 25.27 is below the 20-day moving average (MA) of 25.54, above the 50-day MA of 24.87, and above the 200-day MA of 22.81, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 50.57 is Neutral, neither overbought nor oversold. The STOCH value of -0.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FLNG.

FLEX LNG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLNG	79 Outperform	$1.37B	13.92	12.79%	11.82%	-3.20%	6.76%
NVGS	79 Outperform	$1.24B	11.92	8.57%	1.23%	2.46%	33.89%
DLNG	78 Outperform	$131.51M	2.32	12.11%	5.47%	4.34%	18.88%
TRGP	71 Outperform	$37.63B	23.57	61.18%	2.14%	7.79%	33.93%
LPG	71 Outperform	$1.06B	11.13	8.81%	12.66%	-27.21%	-62.22%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GLNG	56 Neutral	$3.87B	64.75	2.99%	2.71%	19.15%	329.74%

FLEX LNG Corporate Events

Flex LNG Reports Q3 2025 Financial Results and Strategic Updates

Flex LNG Ltd. announced its unaudited financial results for the third quarter of 2025, reporting vessel operating revenues of $85.7 million and a net income of $16.8 million. The company achieved a Time Charter Equivalent rate of $70,921 per day and declared a dividend of $0.75 per share for the quarter. Key events included the completion of vessel refinancings, drydockings, and delisting from the Oslo Stock Exchange. Despite a challenging freight market, Flex LNG remains well-positioned with a strong balance sheet and a substantial charter backlog, supported by record-high FIDs for new liquefaction capacity and increased US LNG export volumes.

FLEX LNG Releases Interim Financial Results for H1 2025

FLEX LNG Ltd. released its unaudited condensed consolidated interim financial statements for the six months ended June 30, 2025. The report includes forward-looking statements addressing various factors that could impact the company’s future operations, such as market conditions, geopolitical developments, and regulatory changes. These insights are crucial for stakeholders to understand potential risks and opportunities affecting FLEX LNG’s business strategy and financial performance.

Flex LNG Announces Q2 2025 Results and Strategic Financial Moves

Flex LNG Ltd. announced its unaudited financial results for the second quarter of 2025, reporting vessel operating revenues of $86 million and a net income of $17.7 million. The company completed significant financial transactions, including a $175 million sale and leaseback agreement for Flex Courageous and a $180 million term loan for Flex Constellation. Additionally, Flex LNG has initiated a share repurchase program and announced the delisting of its stock from the Oslo Stock Exchange, effective September 16, 2025, consolidating its listing on the New York Stock Exchange. These moves are part of Flex LNG’s strategy to optimize its balance sheet and extend debt maturities, reflecting its strong market positioning and commitment to shareholder value.

Flex LNG Announces $15 Million Share Buyback Program

On August 20, 2025, Flex LNG Ltd. announced a share buyback program, authorizing the repurchase of up to $15 million of its outstanding shares. The program, which runs until November 27, 2025, involves agreements with DNB Markets, Inc. and DNB Carnegie for share repurchases on the Oslo and New York Stock Exchanges. This initiative is part of Flex LNG’s strategic financial management, potentially impacting shareholder value and market perception, while maintaining flexibility in dividend considerations.