Flex LNG (FLNG) Company Report

Analyst Coverage

Research analysts covering Flex LNG.

Recent press releases and 8-K filings for FLNG.

FLNG Reports Q3 2025 Results, Issues Full-Year Guidance, and Declares Dividend

FLNG

Earnings

Guidance Update

Dividends

FLEX LNG reported Q3 2025 revenues of $86 million and an adjusted net income of $23.5 million, resulting in an adjusted EPS of $0.43. The fleet average TCE for the quarter was $70,900 per day.
The company achieved an all-time high cash balance of $479 million at the end of Q3 2025, supported by refinancing activities, and has no debt maturity prior to 2029.
For the full year 2025, FLEX LNG expects revenues of approximately $340 million, a TCE of $71,000-$72,000 per day, and adjusted EBITDA around $250 million.
The board declared its 17th consecutive quarterly dividend of $0.75 per share, contributing to a 12-month trailing dividend of $3 per share and an 11% dividend yield.
FLEX LNG maintains a strong contract backlog with 53 years of minimum firm backlog and 80% of available days covered for 2026, positioning it well for the increasing LNG volumes.

Nov 12, 2025, 2:00 PM

Flex LNG Ltd. Announces Third Quarter 2025 Financial Results

FLNG

Earnings

Dividends

Debt Issuance

Flex LNG Ltd. reported net income of $16.8 million and basic earnings per share of $0.31 for the third quarter of 2025, with vessel operating revenues of $85.7 million.
The company declared a dividend of $0.75 per share for the third quarter of 2025, to be paid around December 11, 2025.
Flex LNG achieved an all-time high cash balance of $478.7 million as of September 30, 2025, primarily due to the completion of its Balance Sheet Optimization Program 3.0, which included new financings for Flex Constellation and Flex Resolute.
The company's common shares were delisted from the Oslo Stock Exchange on September 15, 2025, and are now listed exclusively on the NYSE.