Time to send it back homeAs the market made all time highs we started to see this stock break down. If and when the market makes a meaningful pull back FLNG should see as much as 50% pullback from all time highs.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
1.71 USD
120.04 M USD
371.02 M USD
30.38 M
About FLEX LNG LTD (BM)
Sector
Industry
CEO
Øystein Moksheim Kalleklev
Website
Headquarters
Hamilton
Founded
2006
FIGI
BBG000R0MG54
FLEX LNG Ltd. engages in the seaborne transportation of liquefied natural gas (LPG) through the ownership and operation of LNG carriers. The company was founded by Philip Eystein Fjeld, Trym Tveitnes and Jostein Ueland in September 2006 and is headquartered in Hamilton, Bermuda.
Medium term price target for FLNGFLNG is part of my core dividend portfolio which is a recession based anchor that keeps my net worth safe while aiming to outperform short term treasuries. I have been adding to the position every time FLNG hits 30$. With fib extension I believe 44$ is in the cards by the middle of next year. FLNG c
FLNG narrowing volatilityFLNG is one of my longer term holdings that I have as a recession protective growth/dividend mix. The stock after briefly falling out of the formation continues to narrow in volatility. FLNG has a rising RSI and is looking to have a larger break around early Jan.
FLNG back into pattern with war fearsOil and Gas based stocks should continue to rally into this conflict. FLNG is one of my growth/dividend long-term holds at this time. Red support is a DCA in my book.
FLNG sideways and contractingA move is coming for a little known FLNG. This stock is a long hold for me adding indirect exposure to natural gas through a recurring fee revenue structure. This stock is little known and has displayed tremendous growth in revenue/earnings with a strong dividend.
Tick Tock for FLNGLooks like the bet on margins for natural gas related activities are on the blink as gas futures have reset to below pre-pandemic levels.
Having one of my best trades of the past two years (without options) in the books, I'm taking profit and going on the options train.
Looking for a strategy tha
FLNG - Ascending ScallopThis ascending scallop or ascending curve provides support for price as it completes this pattern.
Once finished the pattern price makes another move upwards which I have shown with the bars pattern.
Bullish on this 4Hr chart
FLEX LNG LTD WEEKLYRULES:
-If price break Point 2, 4, 6, 8, or 10 cancel the setup
-Price needs to break Point 1, 3, 5, 7, or 9 to confirm the setup
When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal
The market can Truncate(fall short)
$FLNG LT Chart - Possible Downtrend Breakout$FLNG LT Chart - Possible downtrend breakout underway after recent consolidation above 50d ema line.
Medium term target: $37.50-$40.00 range possible by May (20%+ upside)
Note: This is not investment advice. Opinion only.
Norwegian pennystock Flex LNG (Natural gas transportation)Table of contents:
§ 1 About FLNG
§ 2 The market
§ 3 Why I am bullish
§ 4 The risks
§ 1
Flex LNG(FLNG) is a Norwegian company.
They specialize in transporting liquid natural gas around the world for heat, cooking etc.
They also create ships themselves, specially created within the CE regulations
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of FLNG is 22.28 USD — it has increased by 0.41% in the past 24 hours. Watch FLEX LNG Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange FLEX LNG Ltd. stocks are traded under the ticker FLNG.
FLNG stock has risen by 4.25% compared to the previous week, the month change is a −11.16% fall, over the last year FLEX LNG Ltd. has showed a −23.93% decrease.
We've gathered analysts' opinions on FLEX LNG Ltd. future price: according to them, FLNG price has a max estimate of 30.19 USD and a min estimate of 23.00 USD. Watch FLNG chart and read a more detailed FLEX LNG Ltd. stock forecast: see what analysts think of FLEX LNG Ltd. and suggest that you do with its stocks.
FLNG reached its all-time high on Dec 1, 2022 with the price of 38.24 USD, and its all-time low was 3.40 USD and was reached on Mar 19, 2020. View more price dynamics on FLNG chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
FLNG stock is 3.36% volatile and has beta coefficient of 0.03. Track FLEX LNG Ltd. stock price on the chart and check out the list of the most volatile stocks — is FLEX LNG Ltd. there?
Today FLEX LNG Ltd. has the market capitalization of 1.17 B, it has increased by 3.10% over the last week.
Yes, you can track FLEX LNG Ltd. financials in yearly and quarterly reports right on TradingView.
FLEX LNG Ltd. is going to release the next earnings report on Feb 28, 2025. Keep track of upcoming events with our Earnings Calendar.
FLNG earnings for the last quarter are 0.53 USD per share, whereas the estimation was 0.56 USD resulting in a −5.64% surprise. The estimated earnings for the next quarter are 0.55 USD per share. See more details about FLEX LNG Ltd. earnings.
FLEX LNG Ltd. revenue for the last quarter amounts to 90.50 M USD, despite the estimated figure of 90.49 M USD. In the next quarter, revenue is expected to reach 89.46 M USD.
FLNG net income for the last quarter is 17.41 M USD, while the quarter before that showed 21.84 M USD of net income which accounts for −20.27% change. Track more FLEX LNG Ltd. financial stats to get the full picture.
Yes, FLNG dividends are paid quarterly. The last dividend per share was 0.75 USD. As of today, Dividend Yield (TTM)% is 13.76%. Tracking FLEX LNG Ltd. dividends might help you take more informed decisions.
FLEX LNG Ltd. dividend yield was 10.32% in 2023, and payout ratio reached 134.92%. The year before the numbers were 9.18% and 85.39% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 30, 2024, the company has 10.00 employees. See our rating of the largest employees — is FLEX LNG Ltd. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FLEX LNG Ltd. EBITDA is 280.86 M USD, and current EBITDA margin is 78.30%. See more stats in FLEX LNG Ltd. financial statements.
Like other stocks, FLNG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FLEX LNG Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FLEX LNG Ltd. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FLEX LNG Ltd. stock shows the sell signal. See more of FLEX LNG Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.