FLEX LNGFLNG
Market Cap: $1.45B
About: Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.
Employees: 10
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
53% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 40
36% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $15.1M
17% more capital invested
Capital invested by funds: $259M [Q1] → $303M (+$44.7M) [Q2]
2.03% more ownership
Funds ownership: 18.8% [Q1] → 20.83% (+2.03%) [Q2]
8% less funds holding
Funds holding: 167 [Q1] → 153 (-14) [Q2]
42% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Jefferies Omar Nokta 41% 1-year accuracy 15 / 37 met price target | 11%downside $24 | Hold Upgraded | 14 Aug 2024 |
Financial journalist opinion
Based on 3 articles about FLNG published over the past 30 days