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 to attend DNB Investor Lunch in New York [Yahoo! Finance]Yahoo! Finance
- Flex LNG to attend DNB Investor Lunch in New YorkPR Newswire
- The recent US$119m market cap decrease is likely to have disappointed insiders invested in FLEX LNG Ltd. (NYSE:FLNG) [Yahoo! Finance]Yahoo! Finance
- Flex LNG - Ex Date Q1 2024 [Yahoo! Finance]Yahoo! Finance
- Flex LNG - Ex Date Q1 2024PR Newswire
FLNG
Earnings
- 5/23/24 - Beat
FLNG
Sec Filings
- 5/23/24 - Form 6-K
- 5/15/24 - Form 6-K
- 5/2/24 - Form 6-K
- FLNG's page on the SEC website