FLEX LNG (FLNG)

• Market cap: $1.4B
• 1 day: -0.35%
• 5 days: 0.23%
• 1 month: 7.46%
• 3 months: 12.25%
• 6 months: 3.68%
• Year to date: 6.84%
• 1 year: -8.92%
• 5 years: 208.81%
• 10 years: 131.40%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

74% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 19

7% more funds holding

Funds holding: 155 [Q2] → 166 (+11) [Q3]

4% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 47

0.51% less ownership

Funds ownership: 21.7% [Q2] → 21.18% (-0.51%) [Q3]

7% less call options, than puts

Call options by funds: $14M | Put options by funds: $15M

8% less capital invested

Capital invested by funds: $316M [Q2] → $291M (-$24.5M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $23 11% downside
• Avg. target: $23 11% downside
• High target: $23 11% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Jefferies Omar Nokta 23% 1-year accuracy 13 / 56 met price target

11% downside $23

Hold Maintained

4 Feb 2025