Flex LNG Ltd. (FLNG) Social Stream
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$FLNG wish I would've bought the dip pre market. Didn't have time to read up on earnings report.Hellaforreal, published August 17, 2021
To summarize :
-drop in earnings compared to Q1 is due to normal seasonal effects.
- outlook for winter of 2021/2022 looks good. Prices will likely remain high
-dividend of .40 declared for Q2 to be paid sept 16, ex dividend september 2
- share buybacks continue, and they have raised their maximum price for buybacks to $15
-took delivery of their 13th LNG carrier, Flex Vigilant.
-swapped much of their variable interest rate loans to fixed rate. 722.1 mil with weighted avg of 1.13% interest.
A lot of other great information here. I really appreciate how direct and lucid this companies SEC filings are.
I really like this company.