FLEX LNG: A Promising LNG Shipper

Summary

• FLEX LNG operates a young fleet of 13 LNG tankers and is set to benefit from the EU's energy transition program, which aims to replace Russian gas with LNG.
• The company's fleet is fully booked until 2030, with major clients including BP, Cheniere Energy, Chevron, Trafigura, and Guvnor.
• Despite promising long-term prospects, it is too early to invest in FLEX LNG stock due to market sentiment, high gas storage utilization in the EU, and lower demand for LNG in Asia.

SHansche

Investment Thesis

FLEX LNG (NYSE:FLNG) is one of the largest public companies that specializes in transporting LNG. The company has a fleet of 13 modern LNG tankers, with the average age of around 3.5 years. The entire FLEX LNG fleet is fully

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