Flex Lng share price today

(FLNG)

Flex Lng share price is $24.28 & ₹2,081.77 as on 3 Jan 2025, 2.30 'hrs' IST

$24.28

▲

1.34

(5.84%)

Market is closed - opens 8 PM, 03 Jan 2025

View live Flex Lng share price in Dollar and Rupees. Guide to invest in Flex Lng from India. Also see the sentimental analysis on Indian investors investing in Flex Lng. Get details on the Indian mutual funds that are investing in Flex Lng. Get Analyst recommendations and forecasts along with all the Flex Lng's financials.

Flex Lng share price movements

Today's Low: $23.40
Today's High: $24.33
$24.28
3.62%
Downside
Day's Volatility :3.82%
Upside
0.21%
52 Weeks Low: $20.85
52 Weeks High: $31.41
$24.28
14.13%
Downside
52 Weeks Volatility :33.62%
Upside
22.7%

Flex Lng Returns

Period	Flex Lng Ltd	Sector (Energy)	Index (Russel 2000)
3 Months	-13.14%	-5.6%	0.0%
6 Months	-15.04%	-6.0%	0.0%
1 Year	-25.45%	1.1%	0.0%
3 Years	6.01%	54.3%	-21.2%

Flex Lng Key Statistics

in dollars & INR

Previous Close	$22.94
Open	$23.42
Today's High	$24.33
Today's Low	$23.4
Market Capitalization	$1.2B
Today's Volume	$471.2K
52 Week High	$31.41
52 Week Low	$20.85
Revenue TTM	$362.6M
EBITDA	$266.1M
Earnings Per Share (EPS)	$1.69
PE Ratio	13.57
Dividend Yield	13.08%
Profit Margin	25.33%
Quarterly Earnings Growth YOY	-0.62%
Return On Equity TTM	10.96%

How to invest in Flex Lng from India?

It is very easy for Indian residents to invest directly in Flex Lng from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Flex Lng stock in both Indian Rupees (INR) and US Dollars (USD). Search for Flex Lng or FLNG on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Flex Lng or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Flex Lng shares which would translate to 0.035 fractional shares of Flex Lng as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Flex Lng, in just a few clicks!

Returns in Flex Lng for Indian investors in Rupees

Investment Value

₹1,00,000

Flex Lng investment value today

Current value as on today

₹81,883

Returns

₹18,117

(-18.12%)

Returns from Flex Lng Stock

₹21,092 (-21.09%)

Dollar Returns

₹2,975 (+2.97%)

Indian investors sentiment towards Flex Lng

39%

Period: Oct 4, 2024 to Jan 2, 2025. Change in 30 Days versus previous period

Search volume for Flex Lng on INDmoney from India has grown in the last 30 days as on Jan 3, 2025. 39% more investors are searching Flex Lng in the last 30 days versus the previous period.

Global Institutional Holdings in Flex Lng

Analyst Recommendation on Flex Lng

Hold

5%Buy

52%Hold

41%Sell

Based on 17 Wall street analysts offering stock ratings for Flex Lng(by analysts ranked 0 to 5 stars)

Based on 17 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Flex Lng

What analysts predicted

Upside of 8.46%

Current:

$24.28

Target:

$26.33

Insights on Flex Lng

Price Movement
In the last 7 days, FLNG stock has moved up by 5.6%
Increasing Revenue
Revenue is up for the last 2 quarters, 84.69M → 90.48M (in $), with an average increase of 6.4% per quarter
Decreasing Net Profit
Netprofit is down for the last 3 quarters, 33.22M → 17.40M (in $), with an average decrease of 27.3% per quarter
FLNG vs KMI (1 yr)
In the last 1 year, Kinder Morgan, Inc. has given 53.7% return, outperforming this stock by 77.3%
FLNG vs ET (3 yr)
In the last 3 years, Energy Transfer Equity, L.p. has given 72.8% return, outperforming this stock by 75.1%
Price to Sales
ForFLNG every $1 of sales, investors are willing to pay $3.4, whereas for Kinder Morgan, Inc., the investors are paying $4.0 for every $1 of sales.

Flex Lng Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$77.2M	↑ 182.52%
Net Income	$11.8M	↓ 213.17%
Net Profit Margin	15.26%	↑ 53.34%

	FY19	Y/Y Change
Revenue	$120.0M	↑ 55.38%
Net Income	$17.0M	↑ 44.04%
Net Profit Margin	14.14%	↓ 1.12%

	FY20	Y/Y Change
Revenue	$164.5M	↑ 37.09%
Net Income	$8.1M	↓ 52.23%
Net Profit Margin	4.93%	↓ 9.21%

	FY21	Y/Y Change
Revenue	$343.4M	↑ 108.83%
Net Income	$162.2M	↑ 1901.3%
Net Profit Margin	47.23%	↑ 42.3%

	FY22	Y/Y Change
Revenue	$347.9M	↑ 1.3%
Net Income	$188.0M	↑ 15.93%
Net Profit Margin	54.05%	↑ 6.82%

	FY23	Y/Y Change
Revenue	$371.0M	↑ 6.64%
Net Income	$120.0M	↓ 36.16%
Net Profit Margin	32.35%	↓ 21.7%

	Q2 FY23	Q/Q Change
Revenue	$86.7M	↓ 6.22%
Net Income	$39.0M	↑ 136.02%
Net Profit Margin	44.99%	↑ 27.11%

	Q3 FY23	Q/Q Change
Revenue	$94.6M	↑ 9.06%
Net Income	$45.1M	↑ 15.6%
Net Profit Margin	47.68%	↑ 2.69%

	Q4 FY23	Q/Q Change
Revenue	$97.2M	↑ 2.8%
Net Income	$19.4M	↓ 57.01%
Net Profit Margin	19.94%	↓ 27.74%

	Q1 FY24	Q/Q Change
Revenue	$90.2M	↓ 7.2%
Net Income	$33.2M	↑ 71.34%
Net Profit Margin	36.82%	↑ 16.88%

	Q2 FY24	Q/Q Change
Revenue	$84.7M	↓ 6.14%
Net Income	$21.8M	↓ 34.28%
Net Profit Margin	25.78%	↓ 11.04%

	Q3 FY24	Q/Q Change
Revenue	$90.5M	↑ 6.83%
Net Income	$17.4M	↓ 20.27%
Net Profit Margin	19.24%	↓ 6.54%

	FY18	Y/Y Change
Profit	$33.6M	↓ 428.32%

	FY19	Y/Y Change
Profit	$62.5M	↑ 85.85%

	FY20	Y/Y Change
Profit	$81.9M	↑ 31.05%

	FY21	Y/Y Change
Profit	$209.0M	↑ 155.17%

	FY22	Y/Y Change
Profit	$209.8M	↑ 0.34%

	FY23	Y/Y Change
Profit	$227.6M	↑ 8.52%

	Q2 FY23	Q/Q Change
Profit	$50.4M	↓ 14.37%

	Q3 FY23	Q/Q Change
Profit	$58.5M	↑ 16.0%

	Q4 FY23	Q/Q Change
Profit	$59.8M	↑ 2.3%

	Q1 FY24	Q/Q Change
Profit	$54.5M	↓ 8.98%

	Q2 FY24	Q/Q Change
Profit	$47.2M	↓ 13.28%

	Q3 FY24	Q/Q Change
Profit	$53.4M	↑ 12.98%

	FY18	Y/Y Change
Operating Cash Flow	$35.7M	↓ 301.51%
Investing Cash Flow	$-584.4M	↑ 652.03%
Financing Cash Flow	$593.9M	↑ 471.24%

	FY19	Y/Y Change
Operating Cash Flow	$51.5M	↑ 44.27%
Investing Cash Flow	$-291.5M	↓ 50.12%
Financing Cash Flow	$314.0M	↓ 47.13%

	FY20	Y/Y Change
Operating Cash Flow	$89.3M	↑ 73.32%
Investing Cash Flow	$-691.4M	↑ 137.15%
Financing Cash Flow	$603.3M	↑ 92.14%

	FY21	Y/Y Change
Operating Cash Flow	$214.8M	↑ 140.58%
Investing Cash Flow	$-265.9M	↓ 61.54%
Financing Cash Flow	$123.1M	↓ 79.6%

	FY22	Y/Y Change
Operating Cash Flow	$219.9M	↑ 2.34%
Investing Cash Flow	$-5.0K	↓ 100.0%
Financing Cash Flow	$-88.8M	↓ 172.1%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$40.9M	↑ 6.78%
Investing Cash Flow	$-2.0K	↓ 99.96%
Financing Cash Flow	$-66.3M	↓ 160.33%

Flex Lng Technicals Summary

Sell

Neutral

Buy

Flex Lng is currently in a neutral trading position according to technical analysis indicators.

Flex Lng Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Flex Lng Ltd	-2.42%	-15.04%	-25.45%	6.01%	120.77%
Enbridge Inc.	-2.44%	19.15%	16.25%	8.88%	6.05%
Enterprise Products Partners L.p.	-5.83%	8.1%	17.1%	36.64%	9.27%
Williams Companies, Inc.	-4.38%	27.4%	51.09%	102.39%	126.44%
Kinder Morgan, Inc.	-0.07%	37.76%	52.65%	65.26%	28.76%
Energy Transfer Equity, L.p.	1.71%	21.08%	41.24%	119.62%	43.2%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Flex Lng Ltd	13.57	13.57	NA	2.3	0.11	0.05	0.13	14.83
Enbridge Inc.	20.7	20.7	1.76	2.79	0.1	0.03	0.06	27.08
Enterprise Products Partners L.p.	11.79	11.79	3.04	2.69	0.21	0.06	0.07	13.08
Williams Companies, Inc.	22.93	22.93	9.0	1.94	0.21	0.04	0.04	10.17
Kinder Morgan, Inc.	24.25	24.25	2.0	1.17	0.08	0.04	0.04	13.69
Energy Transfer Equity, L.p.	14.4	14.4	0.69	1.42	0.15	0.05	0.07	9.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Flex Lng Ltd	Hold	$1.2B	120.77%	13.57	25.33%
Enbridge Inc.	Buy	$92.6B	6.05%	20.7	13.73%
Enterprise Products Partners L.p.	Buy	$68.0B	9.27%	11.79	10.33%
Williams Companies, Inc.	Hold	$66.0B	126.44%	22.93	27.75%
Kinder Morgan, Inc.	Hold	$60.9B	28.76%	24.25	16.77%
Energy Transfer Equity, L.p.	Buy	$67.1B	43.2%	14.4	6.05%

About Flex Lng

flex lng was incorporated in 2006 with the objective of commercialising the world's first floating liquefaction units (lngps). the company has signed ship building contracts with samsung heavy industries for four units utilizing the spb lng containment system. by using a nitrogen expander cycle, the most robust and flexible liquefaction technology in use in the lng industry, the lngp can source and monetise gas from hundreds of potential offshore locations worldwide. flex lng management has approximately 50 employees in london and oslo. as the lng shipping, offshore oil production and land based lng plants are vital areas to develop flng all three disciplines are reflected in the experience and background of the people in flex lng.

Organization	Flex Lng
Employees	10
CEO	Mr. Oystein M. Kalleklev
Industry	Energy Minerals

Management People of Flex Lng

Name	Title
Mr. Oystein M. Kalleklev	Principal Executive Officer
Mr. Knut Traaholt	Principal Financial Officer
Ms. Jannicke Eilertsen	Compliance Officer
Mr. H. Marius Foss	Chief Commercial Officer of Flex LNG Management AS
Mr. Lars Pedersen	Chief Technical Officer of Frontline Management & MD of Flex Fleet Management
Mr. Naren Senaratne	Chief Accounting Officer of Flex LNG Management Ltd
Mr. James Ayers	Company Secretary

Important FAQs about investing in Flex Lng from India :

What is Flex Lng share price today?

Flex Lng share price today stands at $24.28, Open: $23.42 ; Previous Close: $22.94 ; High: $24.33 ; Low: $23.40 ; 52 Week High: $31.41 ; 52 Week Low: $20.85. The stock opens at $23.42, after a previous close of $22.94. The stock reached a daily high of $24.33 and a low of $23.40, with a 52-week high of $31.41 and a 52-week low of $20.85.

Can Indians buy Flex Lng shares?

Yes, Indians can invest in the Flex Lng (FLNG) from India.

With INDmoney, you can buy Flex Lng at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Flex Lng at zero transaction cost.

How can I buy Flex Lng shares from India?

It is very easy to buy Flex Lng from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Flex Lng be purchased?

Yes, you can buy fractional shares of Flex Lng with INDmoney app.

What are the documents required to start investing in Flex Lng stocks?

To start investing in Flex Lng, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.