Flex LNG report Q1 2024

Announced on 05/23

  • Operating rev of $90.2M
  • Adjusted EBITDA of $70.6M
  • Net Income of $33.2M
  • Declared div of 75c/sh
  • Fleet TCE of $76,539 daily

Was aware of the two charter extensions. Was not aware Flex Constellation, which headed to dry dock upon expiry of charter, has secured a short-term charter. Essentially, Flex has full coverage for 2024 with only market variability due to Flex Artemis charter