Flex LNG (FLNG) | News Based Sentiment Analysis

• On September 15, 2025, Flex LNG completed its delisting from the Oslo Stock Exchange (OSE), advising shareholders to transfer their OSE-listed shares to the NYSE. This move streamlines the company’s listing and focuses trading activity, following an initial announcement on August 20, 2025.
• Flex LNG saw increased institutional interest in September, with Goldman Sachs Group Inc. purchasing 27,543 shares on September 19, 2025. However, Gilman Hill Asset Management LLC decreased its position on September 18, 2025, indicating mixed sentiment among institutional investors.
• Despite a 7% share increase over the past year, analysts estimate Flex LNG’s stock is currently trading 2.6% overvalued as of September 23, 2025. This assessment came alongside the company’s addition to the S&P Global BMI Index, which is expected to attract broader institutional investment.
• The company’s financial performance continues to be a point of concern, with projected EBITDA for 2025 declining to $250-$270 million from $273 million in 2024. Analysts maintain a “Hold” consensus rating as of September 21, 2025, with price targets ranging from a potential 0.00% increase to an 8.29% decrease as of September 18, 2025.
• Flex LNG continues to prioritize financial flexibility, with a $180.0 million term loan facility for the Flex Constellation expected to be drawn down in September 2025, and a $175.0 million sale and leaseback agreement for the Flex Courageous, signed in May 2025, also slated for completion this month.
• Shareholders received a dividend of $0.75 per share for Q2 2025, paid on September 18, 2025, to NYSE shareholders and September 23, 2025, to OSE shareholders. Simply Wall St noted on September 14, 2025, that strategic long-term charters and balance sheet optimization are increasing revenue stability, with earnings growing 12% annually and revenues 13% annually.
• Short selling activity showed a slight decrease, with the short sale ratio at 15.88% as of September 19, 2025, potentially indicating short sellers anticipate a price bottom. However, the overall moving average trend remains bearish with two negative and two positive signals as of September 21, 2025.

The Investment Story: September was a month of mixed signals for Flex LNG, marked by a streamlined listing and institutional investment, but tempered by lowered EBITDA projections and a cautious analyst outlook. The company is actively managing its finances while navigating a challenging LNG market.

What It Means for Investors: Investors should approach Flex LNG with caution, given the lowered earnings forecasts and mixed analyst sentiment. While the dividend provides income, its sustainability remains a concern. The company’s ability to execute its financing strategies and maintain revenue stability will be crucial.

Looking Ahead: Investors should closely monitor the Q3 2025 earnings report on November 11, 2025, paying attention to management’s commentary on the dividend policy and the outlook for LNG shipping rates. The completion of the financing agreements will also be a key factor.

The Bottom Line: Flex LNG presents a cautious investment case. While the company has a fully contracted fleet and is actively managing its finances, the negative market outlook and concerns about dividend sustainability warrant a careful approach. Investors should be prepared for potential volatility and limited upside in the near term.