Vessel operator SFL reports prelim Q3 revenue at $178 mln, announces dividend

SFL

11/11/2025 11:15

Overview

SFL preliminary Q3 operating revenue at $178 mln, driven by charter hires

Net income for Q3 2025 was $8.6 mln

Adjusted EBITDA for Q3 at $113 mln

Outlook

SFL sees fixed rate charter backlog at approximately $4 bln

Company optimistic about securing new employment for Hercules rig next year

SFL invests nearly $100 mln in fuel efficiency upgrades

Result Drivers

FLEET OPTIMIZATION - Co sold older vessels and upgraded modern ones, enhancing operational performance

STRATEGIC INVESTMENTS - Co invested nearly $100 mln in fuel efficiency and cargo optimization, boosting charter backlog

LONG-TERM CHARTERS - Majority of vessels on long-term charters, providing earnings visibility

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$8.60 mln
Q3 Adjusted EBITDA
$113 mln
Q3 Dividend
$0.20


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for SFL Corporation Ltd is $10.00, about 23.7% above its November 10 closing price of $7.63

Press Release: ID:nGNEn0l94

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)