FLEX LNG: Quality Fleet, Superior Margins, And Attractive Yields [Seeking Alpha]
FLEX LNG Ltd. Ordinary Shares (FLNG)
Company Research
Source: Seeking Alpha
FLEX LNG is one of the best ways to play those dynamics. The company has a young fleet equipped with the last generation of power plants. Having a new fleet pays off. FLNG has superior margins, an 81.1% gross margin, and a 76.2% EBITDA margin. FLNG has leveraged its capital structure due to its intensive capital investments. The company trades at 106% P/NAV, which is the highest in its peer group. But let's not forget that inflationary pressures push tangible asset values higher. I give FLNG a buy rating. Introduction FLEX LNG ( NYSE: FLNG ) is an enticing investing idea for shipping investors. The company operates in the LNG shipping industry. It has a young fleet equipped with new-generation propulsion plants. FLNG has leveraged its capital structure due to its intensive capital investments over the last few years. Having new ships with efficient propulsion pays off, and FLNG scores the highest margins against its peers. LNG carrier's supply side seems to be oversaturated
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FLNG
News
- Flex LNG - Annual General Meeting 2024PR Newswire
- Flex LNG - Mandatory notification of trade by PDMR [Yahoo! Finance]Yahoo! Finance
- Flex LNG - Mandatory notification of trade by PDMRPR Newswire
- FLEX LNG: Bet On Resilient Demand For LNG Carriers [Seeking Alpha]Seeking Alpha
- Flex LNG - Time Charter for Flex Endeavour extended to 2032 [Yahoo! Finance]Yahoo! Finance
FLNG
Earnings
- 2/7/24 - Beat
FLNG
Sec Filings
- 5/2/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/16/24 - Form 6-K
- FLNG's page on the SEC website