Flex LNG Reports Q3 2025 Financial Results and Strategic Updates
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Flex LNG Ltd. reported Q3 2025 financial results with vessel operating revenues of $85.7 million and a net income of $16.8 million. The company declared a dividend of $0.75 per share and achieved a Time Charter Equivalent rate of $70,921 per day. Key events included vessel refinancings and delisting from the Oslo Stock Exchange. Despite market challenges, Flex LNG maintains a strong balance sheet and substantial charter backlog. Analysts rate FLNG stock as a Buy with a $28.00 price target, citing strong earnings and attractive valuation, though cash flow management poses some challenges.
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