FLNG Q2 2023 results

Announced on 08/16/23

  • Revenue of $86.7M
  • Net income of $39M
  • Dividend maintained @ 75c/sh
  • Cheniere extended the charter of one vessel by 200 days

PowerPoint Presentation (globenewswire.com)

Flex LNG mgmt had already provided guidance that the first half of 2023 would be impacted by the dry-docking schedule. The four dry docks of 2023 are now complete. Timing not bad, as the market starts preparing for the winter storage (minimal impact for FLNG as only one vessel is able to take advantage via index-related charter)
Add a little more to my FLNG stake

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