FLNG Stock Summary and Trading Ideas (Flex Lng Ltd. | NYSE:FLNG)

Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with tonnage offering advantages in form of reduced fuel consumption and lowered boil-off rates.

Flex Lng Ltd. trades on the NYSE stock market under the symbol FLNG.

As of April 17, 2025, FLNG stock price climbed to $23.28 with 272,197 million shares trading.

FLNG has a beta of 0.67, meaning it tends to be less sensitive to market movements. FLNG has a correlation of 0.14 to the broad based SPY ETF.

FLNG has a market cap of $1.26 billion. This is considered a Small Cap stock.

Last quarter Flex Lng Ltd. reported $91 million in Revenue and $.57 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.06.

In the last 3 years, FLNG traded as high as $38.24 and as low as $19.46.

The top ETF exchange traded funds that FLNG belongs to (by Net Assets): IWM, DIV, SDIV, IWO, VTWO.

FLNG has underperformed the market in the last year with a return of +3.8%, while SPY returned +6.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FLNG shares. However, FLNG has outperformed the market in the last 3 month and 2 week periods, returning -6.8% and +4.3%, while SPY returned -10.7% and -6.8%, respectively. This indicates FLNG has been having a stronger performance recently.

FLNG support price is $22.22 and resistance is $23.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLNG shares will trade within this expected range on the day.