Flex LNG Is Attractive After A Deep Correction [Seeking Alpha]
FLEX LNG Ltd. Ordinary Shares (FLNG)
Company Research
Source: Seeking Alpha
Summary New LNG carriers to be delivered in 2020 and 2021 to trigger revenue and cash flow growth. Fully funded for the next 24 months considering secured funding and internal cash flows. Positive industry dynamic support growth and provides cash flow visibility for new LNG vessels. Long-term contracts can translate into valuation upside. Investment Overview The global markets seem to be in a panic mode with the coronavirus spread spooking investors. Of course, there are reasons to be concerned. Some early estimates suggest that global GDP could be negatively impacted to the extent of $2.4 trillion Further, JP Morgan expects U.S. GDP to shrink by 2% in the first quarter and 3% in the second quarter At the same time, it’s important to note that central banks are stepping up efforts to prevent a bigger damage to the economy. The Federal Reserve has already cut interest rates to near-zero levels Therefore, once the coronavirus is contained, there can be a potentially sharp reversal in ec
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FLNG
News
- Flex LNG Ltd (FLNG) Q3 2024 Earnings Call Highlights: Strong Cash Position and Dividend Amid ... [Yahoo! Finance]Yahoo! Finance
- FLEX LNG Ltd. (NYSE: FLNG) had its "hold" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $24.00 price target on the stock.MarketBeat
- Flex LNG - Third Quarter 2024 Earnings Release [Yahoo! Finance]Yahoo! Finance
- Flex LNG - Third Quarter 2024 Earnings ReleasePR Newswire
- Flex LNG - Key information relating to the cash distribution for the third quarter 2024PR Newswire
FLNG
Earnings
- 11/12/24 - Miss
FLNG
Sec Filings
- 11/12/24 - Form 6-K
- 11/12/24 - Form 6-K
- 10/2/24 - Form F-3ASR
- FLNG's page on the SEC website