Flex LNG & Valentine's Day surprise

Flex LNG (FLNG) announced their Q4 2022 results on 02/14/23.
Company delivered great quarterly earnings, including

  • Revenue of $97.9M
  • Net income of $41.4M
  • Declared $1/sh div consisting of 75c reg div and 25c special div
  • Fleet TCE of $81,699 daily. Will this avg rate remain steady the next year or two?

Q4 2022 FLEX PR (globenewswire.com)

Subsequent events

  1. The sale of additional shares in an ATM offering raising around $14M.
  2. Signing of another sale & leaseback deal
  3. 2023 marks the start of 5-year vessel surveys on a few vessels.