FLEX LNG: Solid Earnings, Good Forward Potential

Aug. 26, 2022 3:32 PM ETFLEX LNG Ltd. (FLNG)41 Comments


  • FLEX LNG reported phenomenal results on the back of a very strong market for LNG shipping.
  • This quarter saw a tremendous YOY increase in LNG transportation, driven by growing demand out of Europe.
  • The company managed to lock-up all but one of its vessels into long-term fixed-rate contracts, which will provide it with stable revenues and cash flows for a few years.
  • The demand for LNG will likely increase, creating some growth opportunities if the company expands its fleet.
  • FLEX LNG is not currently building any more ships but it is shoring up its balance sheet, so it might be considering this as an option.
  • Looking for more investing ideas like this one? Get them exclusively at Energy Profits in Dividends. Learn More »

3D rendering of LNG tanker sailing in sea at night


On Wednesday, August 24, 2022, liquefied natural gas shipping giant FLEX LNG Ltd. (NYSE:FLNG) announced its second quarter 2022 earnings results. The market seemed reasonably impressed with these results as the stock spiked on the initial release, although it

FLNG Contracts by Ship


LNG Shipments 2021-2022


Asian LNG Growth 2021 to 2026

Golar LNG

FLNG Cash Position Q2 2022


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