FLNG Q1 2023 results

Flex LNG (FLNG) reported results earlier today (05/16)

  • Operating revenue of $92.5M
  • Net income of $16.5M
  • TCE rate of $80,175 daily
  • Declared a Q1 2023 div of $0.75/sh
  • 57 tanker years of revenue

Flex LNG – First Quarter 2023 Earnings Release – FLEX LNG

Although FLNG has a relatively new fleet - the company completed its first dry docking in Mar 2023. A second dry docking was completed in Apr 2023. And two more will be completed during Q2. Lots of refinancing activity in Q1 2023.

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