Research analysts who have asked questions during SFL Corp earnings calls.
Recent press releases and 8-K filings for SFL.
SFL Corporation Ltd. announces Suezmax tanker sales and charter terminations
SFL
M&A
New Projects/Investments
- SFL Corporation Ltd. has agreed to sell two 2015-built Suezmax tankers, SFL Thelon and SFL Ottawa, for a gross sales price of approximately $57 million per vessel.
- The company anticipates net proceeds of approximately $26 million per vessel after debt repayment and a termination fee, expecting an aggregate book gain of approximately $23 million from the transaction.
- The vessels are scheduled for delivery in the fourth quarter and first quarter, respectively.
- Additionally, SFL and the charterer mutually agreed to terminate charters for two 2020-built Suezmax tankers, SFL Albany and SFL Fraser, which will initially be employed in the spot market.
Dec 19, 2025, 3:43 PM
SFL Corporation Ltd. Announces Sale of Suezmax Tankers and Charter Terminations
SFL
New Projects/Investments
- SFL Corporation Ltd. has agreed to sell two 2015-built Suezmax tankers, SFL Thelon and SFL Ottawa, for a gross sales price of approximately $57 million per vessel.
- The net proceeds from the sale are estimated at approximately $26 million per vessel after debt repayment and a termination fee, with an expected aggregate book gain of approximately $23 million.
- The company also mutually terminated the charters for two 2020-built Suezmax tankers, SFL Albany and SFL Fraser, which will initially be employed in the spot market.
- A portion of the proceeds from the sales will be reinvested in younger, more fuel-efficient vessels to benefit from the current strong charter market.
Dec 19, 2025, 10:58 AM
SFL Announces Sale of Suezmax Tankers and Charter Terminations
SFL
M&A
New Projects/Investments
- SFL Corporation Ltd. has agreed to sell two 2015-built Suezmax tankers, expecting a gross sales price of approximately $57 million per vessel and estimated net proceeds of $26 million per vessel after debt repayment and a termination fee to Koch. The transaction is projected to result in an aggregate book gain of approximately $23 million.
- The vessels are scheduled for delivery in the fourth quarter and first quarter, respectively.
- SFL also agreed to terminate the charters for two 2020-built Suezmax tankers with Koch, paying a termination fee, and plans to initially employ these retained eco-design vessels in the spot market.
- The company's CEO stated that this transaction demonstrates the embedded value in their fleet, generating significant profit and allowing for reinvestment in younger, more fuel-efficient vessels to capitalize on the strong charter market.
Dec 19, 2025, 10:28 AM
SFL Corp Ltd. Reports Net Loss and Revenue Decline for Nine Months Ended September 30, 2025
SFL
Earnings
Dividends
Share Buyback
- SFL Corp Ltd. reported a net loss of $21.778 million (basic loss per share of $(0.16)) for the nine months ended September 30, 2025, a significant decline from a net income of $110.455 million in the prior year period.
- Total operating revenues decreased by 17.4% to $557.534 million for the nine months ended September 30, 2025, largely due to a 60% reduction in drilling contract revenues.
- Net cash provided by investing activities was $143.1 million for the nine months ended September 30, 2025, a positive shift from $501.4 million used in the same period of 2024, primarily driven by $209.5 million in proceeds from vessel sales.
- The company declared a cash dividend of $0.20 per share on November 11, 2025, and repurchased 1,252,657 shares for approximately $10.0 million during the nine months ended September 30, 2025.
Nov 12, 2025, 9:16 PM
SFL Corporation Ltd. Announces Q3 2025 Preliminary Financial Results
SFL
Earnings
Dividends
Share Buyback
- SFL Corporation Ltd. reported total operating revenues of $178 million and net income of $8.6 million, or $0.07 per share, for the third quarter ended September 30, 2025.
- The company declared its 87th consecutive quarterly cash dividend of $0.20 per share.
- As of September 30, 2025, the estimated contracted fixed rate charter backlog was approximately $4.0 billion with a weighted remaining charter term of 6.5 years.
- SFL had $278 million in cash and cash equivalents and approximately $80 million remaining under its share repurchase program, valid until June 2026.
Nov 12, 2025, 9:10 PM
SFL Corporation Announces Q3 2025 Results
SFL
Earnings
Dividends
New Projects/Investments
- SFL Corporation reported gross revenue of $178 million, net income of $8.6 million, and basic earnings per share of $0.07 for Q3 2025.
- The company declared its 87th consecutive quarterly dividend of $0.20 per share.
- SFL maintains a $4.0 billion contracted backlog as of September 30, 2025, with more than two-thirds contracted to investment-grade counterparties, providing significant revenue visibility.
- As of September 30, 2025, SFL had $278 million in cash and cash equivalents.
- The company has invested approximately $100 million in vessel efficiency upgrades since 2023 and has $850 million in remaining capital expenditures for five large container newbuildings.
Nov 11, 2025, 3:00 PM
SFL Reports Q3 2025 Financial Results and Fleet Renewal Progress
SFL
Earnings
Dividends
New Projects/Investments
- SFL reported Q3 2025 revenues of $178 million and an EBITDA-equivalent cash flow of $113 million, resulting in a net income of $8.6 million or $0.07 per share.
- The company declared its 87th consecutive quarterly dividend of $0.20 per share and maintains a robust charter backlog of $4 billion, with two-thirds contracted to investment-grade counterparties.
- SFL advanced its fleet renewal strategy by selling 22 older vessels over the past 12 months, reducing the average fleet age to less than 10 years, and secured new five-year charters for three container vessels with Maersk, adding approximately $225 million to its charter backlog from 2026 onwards.
- The drilling rig Hercules remained idle in Q3 2025, with SFL actively evaluating strategic alternatives and focusing marketing efforts on harsh environment regions where the rig has unique capabilities.
- SFL has $80 million remaining on its share buyback program, having repurchased $10 million in shares this year at an average price of approximately $7.98 per share.
Nov 11, 2025, 3:00 PM
SFL Reports Q3 2025 Financial Results and Strategic Fleet Updates
SFL
Earnings
Dividends
Share Buyback
- SFL reported Q3 2025 revenues of $178 million and an adjusted EBITDA of $113 million, resulting in a net income of $8.6 million or $0.07 per share.
- The company declared its 87th consecutive quarterly dividend of $0.20 per share and maintains a robust charter backlog of $4 billion, with two-thirds contracted to investment-grade counterparties.
- SFL continued its fleet renewal strategy by divesting 22 older vessels over the past 12 months, reducing the fleet's average age to less than 10 years, and secured new five-year charters for three container vessels with Maersk, adding approximately $225 million to the charter backlog.
- The company ended Q3 2025 with a strong liquidity position of $320 million (including cash and undrawn credit lines) and has approximately $80 million remaining on its share buyback program, having bought back $10 million this year.
Nov 11, 2025, 3:00 PM
SFL Reports Q3 2025 Results, Declares 87th Consecutive Dividend
SFL
Earnings
Dividends
Share Buyback
- SFL reported Q3 2025 revenues of $178 million and an adjusted EBITDA of $113 million, resulting in a net income of $8.6 million or $0.07 per share.
- The company declared its 87th consecutive quarterly dividend of $0.20 per share and maintains a strong liquidity position with $320 million, comprising $278 million in cash and $40 million in undrawn credit lines. Additionally, $80 million remains on its share buyback program, with $10 million repurchased this year at an average price of $7.98 per share.
- SFL's charter backlog stands at $4 billion, with two-thirds contracted to investment-grade counterparties, and recently secured new five-year charters for three container vessels with Maersk, adding approximately $225 million to the backlog from 2026.
- The company continues its fleet renewal strategy, having sold 22 older vessels over the past 12 months, reducing the fleet's average age to less than 10 years, and has $850 million in capital expenditures remaining for five new container vessels.
Nov 11, 2025, 3:00 PM
SFL Corporation Ltd. Announces Preliminary Q3 2025 Results and Quarterly Dividend
SFL
Earnings
Dividends
New Projects/Investments
- SFL Corporation Ltd. reported preliminary financial results for the quarter ended September 30, 2025, with total operating revenues of $178 million and adjusted EBITDA of $113 million.
- The company declared its 87th consecutive quarterly cash dividend of $0.20 per share, payable on or around December 29, 2025.
- Net income for Q3 2025 was $8.6 million, or $0.07 per share.
- SFL's fixed rate charter backlog stands at approximately $4 billion, providing strong cash-flow visibility.
Nov 11, 2025, 11:06 AM
Quarterly earnings call transcripts for SFL Corp.
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