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FLEX LNG .(FLNG) - 2023 Q1 - Earnings Call Transcript
2023-05-16 18:44
Company Participants Oystein Kalleklev So, with quite a strong financial position and minimum 57 years of contractual backlog, our Board has decided to once again pay out our quarterly ordinary dividend of $0.75 per share. During the last 12 months, we have thus paid out $3.75 per share in dividends and this has given our investors an attractive yield of around 11%. So, that's the highlight. For Q2, as I mentioned, we have three ships which will be doing dry docking during this quarter and Q2 is also usuall ...
FLEX LNG .(FLNG) - 2023 Q1 - Earnings Call Presentation
2023-05-16 15:49
First Quarter 2023 Results Presentation FORWARD-LOOKING STATEMENTS THE FORWARD-LOOKING STATEMENTS IN THIS PRESENTATION ARE BASED UPON VARIOUS ASSUMPTIONS, MANY OF WHICH ARE BASED, IN TURN, UPON FURTHER ASSUMPTIONS, INCLUDING WITHOUT LIMITATION, MANAGEMENT'S EXAMINATION OF HISTORICAL OPERATING TRENDS, DATA CONTAINED IN THE COMPANY'S RECORDS AND OTHER DATA AVAILABLE FROM THIRD PARTIES. ALTHOUGH FLEX LNG BELIEVES THAT THESE ASSUMPTIONS WERE REASONABLE WHEN MADE, BECAUSE THESE ASSUMPTIONS ARE INHERENTLY SUBJECT ...
FLEX LNG .(FLNG) - 2023 Q1 - Quarterly Report
2023-05-15 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38904 Par-La-Ville Place Hamilton Bermuda (Address of principal executive offices) INFORMATION CONTAINED IN THIS FORM 6-K REPORT This Report on Form 6-K is hereby incorporated by reference into the Company's Registration Statement on Form F-3 (File No. 333- 268367) that was declared effective December ...
FLEX LNG .(FLNG) - 2022 Q4 - Annual Report
2023-03-09 16:00
• loan covenant defaults; and This and future epidemics may affect personnel operating payment systems through which we receive revenues from the chartering of our vessels or pay for our expenses, resulting in delays in payments. We continue to focus on our employees' well-being, whilst making sure that our operations continue undisrupted and at the same time, adapting to the new ways of operating. As such employees are encouraged and in certain cases required to operate remotely which significantly increas ...
FLEX LNG .(FLNG) - 2022 Q4 - Annual Report
2023-02-16 16:00
22 Flex LNG Ltd. Fourth Quarter Results 2022 Unaudited Interim Financial Information Condensed Consolidated Interim Statement of Changes in Equity (figures in thousands of $, except per share data) For the year ended December 31, 2021: | --- | --- | --- | --- | --- | --- | --- | |-----------------------------|--------------------------------|-----------------|-------------------|--------------------------------|---------------------|----------------| | | Number of shares outstanding | Share Capital | Treasu ...
FLEX LNG .(FLNG) - 2022 Q4 - Earnings Call Presentation
2023-02-14 16:45
1 Fourth Quarter 2022 Results Presentation FORWARD-LOOKING STATEMENTS FLEX LNG LTD. ("FLEX LNG" OR "THE COMPANY") DESIRES TO TAKE ADVANTAGE OF THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND IS INCLUDING THIS CAUTIONARY STATEMENT IN CONNECTION WITH THIS SAFE HARBOR LEGISLATION. THE WORDS "BELIEVE," "EXPECT," "FORECAST," "ANTICIPATE," "ESTIMATE," "INTEND," "PLAN," "POSSIBLE, " "POTENTIAL, " "PENDING, " "TARGET," "PROJECT," "LIKELY," "MAY," "WILL," "WOULD, " "SHOULD, " " ...
FLEX LNG .(FLNG) - 2022 Q4 - Earnings Call Transcript
2023-02-14 16:42
FLEX LNG Ltd. (NYSE:FLNG) Q4 2022 Earnings Conference Call February 14, 2023 9:00 AM ET Oystein Kalleklev So, with that let's review the highlights. Revenues for the quarter came in at $98 million, in line with previous revenues guidance of $95 million to $98 million, where our numbers this quarter was boosted by our [index ship] [Ph] in a booming spot market. Net income and adjusted net income came in at $41 million and $55 million, respectively, where the main difference is we realized gains of $14 millio ...
FLEX LNG .(FLNG) - 2022 Q3 - Earnings Call Presentation
2022-12-22 23:30
1 FLEX LNG Third Quarter 2022 Results Presentation November 15, 2022 FORWARD-LOOKING STATEMENTS MATTERS DISCUSSED IN THIS PRESENTATION MAY CONSTITUTE FORWARD-LOOKING STATEMENTS. THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES SAFE HARBOR PROTECTIONS FOR FORWARD-LOOKING STATEMENTS IN ORDER TO ENCOURAGE COMPANIES TO PROVIDE PROSPECTIVE INFORMATION ABOUT THEIR BUSINESS. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, FUTURE EVENTS OR PERFORMANCE, AND ...
FLEX LNG .(FLNG) - 2022 Q3 - Earnings Call Transcript
2022-11-15 18:55
FLEX LNG Ltd. (NYSE:FLNG) Q3 2022 Results Conference Call November 15, 2022 9:00 AM ET Company Participants Oystein Kalleklev - CEO Knut Traaholt - CFO Conference Call Participants Omar Nokta - Jefferies Anders Karlsen - Kepler Cheuvreux Oystein Kalleklev Hi, and welcome to FLEX LNG's Third Quarter Presentation. I'm Oystein Kalleklev, the CEO of FLEX LNG Management, and I will be joined by our CFO, Knut Traaholt, who will run you through the numbers a bit later in the presentation. Following the presentatio ...
FLEX LNG .(FLNG) - 2022 Q3 - Quarterly Report
2022-11-14 16:00
FLEX LNG Interim Financial Information Flex LNG Ltd. Third Quarter 2022 November 15, 2022 November 15, 2022 - Hamilton, Bermuda Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2022. Highlights: • Vessel operating revenues of $91.3 million for the third quarter 2022, compared to $84.2 million for the second quarter 2022. • Net income of $46.6 million and basic earnings per share of $0.88 for the third quarter 2022, compared t ...