Group 1 - As of February 13, 2026, two stocks in the energy sector are identified as potential warnings for momentum-focused investors [1] - SFL Corporation Ltd reported better-than-expected fourth-quarter sales results on February 11, contributing to a stock price increase of approximately 22% over the past month [2] - SFL's stock reached a 52-week high of $10.29, with an RSI value of 83.1, indicating it may be overbought [2]

Core Insights - Two stocks in the energy sector are identified as potentially overbought, signaling caution for momentum-focused investors [1] Company Summaries - **Antero Midstream Corp (NYSE:AM)**: No specific details provided in the news article [2] - **SFL Corporation Ltd (NYSE:SFL)**: Reported better-than-expected fourth-quarter sales results on February 11, leading to a stock price increase of approximately 22% over the past month, with a 52-week high of $10.29. The Relative Strength Index (RSI) value is noted at 83.1, indicating overbought conditions. On the last trading day, shares rose by 2.6% to close at $10.26 [2]

Core Viewpoint - SFL Corporation Ltd. is facing financial challenges despite exceeding revenue expectations, with a focus on strategic asset management in the shipping and energy sectors [2][3][4]. Financial Performance - The company reported an earnings per share (EPS) of -$0.02, missing the estimated EPS of $0.02, while revenue reached $175.5 million, surpassing the estimated $168.1 million [2][6]. - SFL recorded a net loss of $4.7 million for the quarter, contributing to a negative price-to-earnings (P/E) ratio of -856.87 [3][6]. Strategic Moves - SFL generated $52 million from the sale of two Suezmax tankers and invested $23 million in two newer tankers, indicating a proactive approach to optimizing its asset portfolio [4][6]. Financial Ratios - The price-to-sales ratio stands at 1.75, suggesting investors are willing to pay $1.75 for every dollar of sales [5]. - The current ratio of 0.42 indicates potential liquidity challenges, while a debt-to-equity ratio of 2.78 reflects a reliance on debt financing [5].

Financial Data and Key Metrics Changes - For the fourth quarter, the company reported revenues of $176 million and an EBITDA-equivalent cash flow of $109 million, with a total EBITDA of $450 million over the past 12 months, indicating strong operational stability [3][14] - The net result for the quarter was a loss of approximately $4.7 million or $0.04 per share, impacted by non-recurring and non-cash items [16] Business Line Data and Key Metrics Changes - Charter revenue from the fleet was approximately $176 million, with the container fleet contributing around $81 million, the car carrier fleet generating approximately $26 million, and the tanker fleet generating about $42 million [14][15] - The overall utilization of the shipping fleet in Q4 was about 98.6%, with adjusted utilization at 99.8% [12] Market Data and Key Metrics Changes - The company noted a significant strengthening in the tanker market, with the Suezmax segment expected to benefit from high charter rates due to correlations with the VLCC market [8][25] - The market for secondhand vessels is currently strong, with broker reports indicating a modern Suezmax tanker could command rates in the high $40,000s to over $60,000 per day [36] Company Strategy and Development Direction - The company aims to build a diversified, high-quality fleet and has secured long-term agreements with strong counterparties, enhancing its charter backlog to approximately $3.7 billion [3][9] - The company is focused on investing in efficiency upgrades and exploring new long-term charter opportunities, particularly in the tanker market [4][7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about securing new employment for the Hercules rig, citing recent industry consolidations and increasing demand for premium rigs [9][42] - The company remains disciplined in its approach to capital deployment, focusing on sustainable cash flows and long-term contracts [30][31] Other Important Information - The company declared its 88th consecutive dividend of $0.20 per share, representing a dividend yield of around 9% [9][17] - The company has a solid liquidity position with cash and cash equivalents totaling approximately $151 million and an additional $46 million available on credit facilities [16][17] Q&A Session Questions and Answers Question: How is the company thinking about the Suezmax vessels given the strong crude tanker spot market? - Management finds the Suezmax market interesting and is looking for long-term charters while also benefiting from the current spot market [20][25] Question: What is the outlook for the dividend over the next 12 months? - Management indicated that the board does not guide on dividends but emphasized the importance of sustainable cash flows and disciplined capital deployment [28][31] Question: What was the rate on the previous contract for the terminated charters? - The previous charter rates for the sold vessels were around $27,000 per day, and the company sold them for $57 million each [35][36] Question: What is the status of the Hercules rig? - The Hercules rig has been idle since November 2024, but management sees signs of improving market dynamics and potential employment opportunities [42] Question: What is the size of the new rig financing facility? - The new financing facility for the Hercules rig is expected to be in the amount of $100 million [48]

Financial Data and Key Metrics Changes - The company reported revenues of $176 million for the fourth quarter, with an EBITDA-equivalent cash flow of $109 million, and a total EBITDA of $450 million over the past 12 months, indicating strong operational stability [3][14] - The net result for the quarter was a loss of approximately $4.7 million or $0.04 per share, impacted by non-recurring and non-cash items [16] Business Line Data and Key Metrics Changes - Charter revenue from the fleet was approximately $176 million, with the container fleet contributing around $81 million, the car carrier fleet generating $26 million, and the tanker fleet producing $42 million [14][15] - The overall utilization of the shipping fleet was about 98.6%, with adjusted utilization at 99.8% when accounting for unscheduled technical off-hire [12] Market Data and Key Metrics Changes - The tanker market has seen unprecedented consolidation, with high charter rates expected to positively impact the Suezmax market [8] - The company noted a significant increase in the spot market rates, with the TD20 index rising by 20% in a short period [25] Company Strategy and Development Direction - The company aims to build a diversified, high-quality fleet and has secured long-term agreements with strong counterparties, enhancing its charter backlog to $3.7 billion [3][9] - The company is focused on investing in efficiency upgrades and exploring new long-term charter opportunities, particularly in the tanker market [4][7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about securing new employment for the Hercules rig, citing recent industry developments that indicate rising demand for premium high-specification rigs [9][42] - The company remains disciplined in its approach to capital deployment, focusing on sustainable cash flows and long-term contracts [30][31] Other Important Information - The company declared its 88th consecutive dividend of $0.20 per share, representing a dividend yield of around 9% [9][17] - The company has a solid liquidity position with cash and cash equivalents totaling approximately $151 million and an additional $46 million available on credit facilities [16][17] Q&A Session Summary Question: Thoughts on Suezmax vessels and long-term contracts - Management finds the Suezmax market interesting and is optimistic about securing long-term charters, while also benefiting from the strong spot market [20][25] Question: Dividend sustainability and market opportunities - Management indicated that the board does not guide on dividends but emphasized the importance of long-term sustainable cash flows and the potential for over $100 million in dividends per year [27][31] Question: Updates on terminated charters and spot market fixtures - Management provided details on previous charter rates and current spot market conditions, highlighting strong cash flows from recent vessel sales [35][36] Question: Future growth in dry bulk and other segments - Management remains open to opportunities across all segments, including dry bulk, and emphasized the need for good risk-adjusted returns [39][40] Question: Status of the Hercules rig - The Hercules rig has been idle since November 2024, but management sees signs of improving market dynamics and potential employment opportunities [42] Question: Size of new rig financing facility - The new financing facility for the Hercules rig is expected to be around $100 million [48]

Financial Data and Key Metrics Changes - For Q4 2025, the company reported revenues of $176 million and an EBITDA-equivalent cash flow of $109 million, with a total EBITDA of $450 million over the past 12 months, indicating strong operational stability [3][12] - The net result for the quarter was a loss of approximately $4.7 million or $0.04 per share, impacted by non-recurring and non-cash items [16] Business Line Data and Key Metrics Changes - Charter revenue from the fleet was approximately $176 million, with the container fleet contributing around $81 million, the car carrier fleet generating approximately $26 million, and the tanker fleet generating about $42 million [14] - The overall utilization of the shipping fleet in Q4 was about 98.6%, with adjusted utilization at 99.8% when accounting for unscheduled technical off-hire [12] Market Data and Key Metrics Changes - The tanker market has seen unprecedented consolidation, with high charter rates expected to positively impact the Suezmax market [8] - The company noted a significant increase in the spot market rates, with the TD20 index rising by 20% in a short period, indicating a strong market outlook [24] Company Strategy and Development Direction - The company aims to build a diversified maritime infrastructure with a high-quality fleet and has secured long-term agreements with strong counterparties [3] - The strategy includes focusing on long-term charters and maintaining a strong charter backlog of approximately $3.7 billion, with two-thirds contracted to investment-grade counterparties [9][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about securing new employment for the Hercules rig, citing recent industry developments that support higher day rates and extended contract durations [9] - The company remains disciplined in capital deployment, focusing on sustainable cash flows and long-term deals, while also being open to opportunities across various segments [27][30] Other Important Information - The company declared its 88th consecutive dividend of $0.20 per share, representing a dividend yield of around 9% [9][17] - The company has a solid liquidity position with cash and cash equivalents totaling approximately $151 million and an additional $46 million available on credit facilities [16][17] Q&A Session Summary Question: Thoughts on Suezmax vessels and long-term contracts - Management finds the Suezmax market interesting and is optimistic about securing long-term charters, while also benefiting from the strong spot market [20][24] Question: Dividend sustainability and market outlook - The board does not provide guidance on dividends but emphasizes the importance of sustainable cash flows and disciplined capital deployment [27][30] Question: Updates on terminated charters and spot market fixtures - Previous contracts had rates around $27,000 per day, and the current spot market is strong, with rates for modern Suezmax tankers expected to be in the high 40s [34][35] Question: Status of Hercules rig and market dynamics - The Hercules rig has been idle since November 2024, but management sees signs of improving market dynamics and potential employment opportunities [42] Question: Long-term revenue mix and strategic direction - The company is not focused on a single segment but aims to position itself as a logistics partner across various shipping segments, including containers and tankers [44][45]

SFL Corporation Ltd. 1 Forward Looking Statements This presentation contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although SFL believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertai ...

Group 1 - The company is set to present its preliminary fourth quarter results on February 11, 2026 [1] - An attachment containing the fourth quarter 2025 results presentation is included [2]

Core Viewpoint - SFL Corporation Ltd. announced preliminary financial results for Q4 2025, including a quarterly cash dividend of $0.20 per share, marking the 88th consecutive dividend payment [1][3]. Financial Performance - Total operating revenues for Q4 2025 were $176 million, with approximately 87% derived from shipping and 13% from energy [7]. - Adjusted EBITDA was reported at $109 million, which includes $8 million from associated companies [7]. - The company experienced a reported net loss of $4.7 million, equating to $0.04 per share [7]. Dividend Information - The Board of Directors declared a quarterly cash dividend of $0.20 per share, scheduled for payment on or around March 30, 2026, with a record date of March 12, 2026 [3][7]. Asset Transactions - The company generated $52 million in net proceeds from the sale of two Suezmax tankers built in 2015, with deliveries occurring in December and February [7]. - An aggregate investment of $23 million was made in two Suezmax tankers built in 2020, capitalizing on a strong tanker market [7]. Company Overview - SFL Corporation has maintained a unique track record in the maritime industry, paying dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [8]. - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant asset growth [8].

Group 1 - The article introduces Fausto Cuesta as a new contributing analyst for Seeking Alpha, emphasizing the opportunity for others to share investment ideas and get published [1] - The analyst has a strong background in investment research, particularly in the global shipping industry, and is a CFA Charterholder [2] - The investment approach is value-oriented, focusing on fundamental research and disciplined analysis to identify long-term mispricings and structural trends in shipping markets [2] Group 2 - The analyst's work involves financial modeling, market fundamentals assessments, and financial statement analysis to uncover investment opportunities in the shipping sector [2] - The goal is to provide clear and structured analysis to help readers navigate the complexities of shipping markets and value investing [2]