FLEX LNG logo

FLNGo - FLEX LNG News Story

NOK116.3 -2.4  -2.0%

Last Trade - 27/07/21

Sector
Energy
Size
Mid Cap
Market Cap £519.8m
Enterprise Value £1.52bn
Revenue £150.2m
Position in Universe 481st / 1848

BRIEF-Flex LNG Q1 Net Income At USD 47.2 Mln

Fri 21st May, 2021 6:06am
May 21 (Reuters) - FLEX LNG Ltd  FLNG.OL :
    * REG-FLEX LNG FIRST QUARTER 2021 EARNINGS RELEASE
    * Q1 REVENUES OF $81.3 MILLION FOR Q1 2021, COMPARED TO
$67.4
MILLION FOR Q4 2020.
    * Q1 NET INCOME OF $47.2 MILLION AND EARNINGS PER SHARE OF
$0.88
FOR Q1 2021, COMPARED TO $25.8 MILLION AND EARNINGS PER SHARE OF
$0.48 FOR Q4 2020
    * Q1 AVERAGE TIME CHARTER EQUIVALENT ("TCE") RATE OF $75,399
PER
DAY FOR Q1 2021, COMPARED TO $73,712 PER DAY FOR Q4 2020.
    * Q1 ADJUSTED EBITDA(1) OF $64.0 MILLION FOR Q1 2021,
COMPARED TO
$50.2 MILLION FOR Q4 2020
    * BOARD OF DIRECTORS HAS DECLARED A CASH DIVIDEND FOR Q1 OF
$0.40
PER SHARE.

Source text for Eikon:  ID:nGNE1gdxYQ 
Further company coverage:  FLNG.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.