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Flex LNG - First Quarter 2024 Presentation

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Flex LNG has released its first quarter 2024 earnings report and will hold a live video webcast on May 23, 2024, at 15:00 CEST (09:00 a.m. EST) to discuss the results. A Q&A session will follow. The presentation and a short teaser video highlighting the quarter's key points are available on their website.

For further details, contact Knut Traaholt, CFO, via phone or email.

Positive
  • Flex LNG released a detailed first quarter 2024 earnings report.
  • A live webcast presentation with a Q&A session provides transparency and engages investors.
  • Key highlights of Q1 2024 are available in a short teaser video.
Negative
  • The press release does not disclose specific financial metrics or performance figures.
  • Information on earnings, revenue, and EPS for Q1 2024 is not provided.

Insights

Flex LNG Ltd.'s first quarter 2024 earnings release provides investors key insights into the company's financial health and operational performance over the recent quarter. The report highlights the company's earnings, revenue and other financial metrics, all important for assessing profitability and growth prospects.

For retail investors, it's essential to focus on metrics like the earnings per share (EPS), revenue growth and net income. These indicators offer a snapshot of how well the company is managing its operations relative to its sales and overall expenses. Additionally, debt levels and cash flow statements provide insight into the company's financial stability and liquidity, which are critical during uncertain economic times.

Investors should also compare the company's performance against industry peers and historical data to gauge competitiveness and market positioning. Analyzing these financials can uncover whether the company is expanding its market share or facing increased operational costs that could impact future profitability.

The macro-economic context is another vital aspect to consider. Flex LNG operates within the liquefied natural gas (LNG) sector, which is influenced heavily by global energy prices, demand-supply dynamics and geopolitical events. Investors should be mindful of how these external factors can affect Flex LNG's performance. For example, any fluctuations in oil prices or changes in international trade policies can have direct implications on the company's revenue and profitability.

Additionally, understanding the competitive landscape can shed light on Flex LNG's market positioning. Key competitors' performance and any industry trends towards alternative energy sources could impact future growth prospects. Investors should keep an eye on industry reports that discuss the adoption rate of LNG and related technologies.

HAMILTON, Bermuda, May 23, 2024 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s first quarter 2024 results which will be presented in a live video webcast today at 15:00 CEST (09:00 a.m. EST).

In order to watch the webcast, use the following link:

First Quarter 2024 Earnings Presentation

A Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session.

In conjunction with the quarterly results, we have published a short teaser with the highlights of the first quarter. The video can be accessed through the following link:

YouTube link 

The short video and the first quarter 2024 presentation can also be accessed on our website www.flexlng.com  

For further information, please contact:
Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management AS
Telephone: +47 23 11 40 00
Email: ir@flexlng.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/flex-lng/r/flex-lng---first-quarter-2024-presentation,c3986477

The following files are available for download:

https://mb.cision.com/Main/22886/3986477/2816015.pdf

Flex LNG - Q1 2024 Presentation

 

Cision View original content:https://www.prnewswire.com/news-releases/flex-lng---first-quarter-2024-presentation-302153761.html

SOURCE Flex LNG

FAQ

When will Flex LNG present its Q1 2024 earnings?

Flex LNG will present its Q1 2024 earnings on May 23, 2024, at 15:00 CEST (09:00 a.m. EST).

Where can I watch the Flex LNG Q1 2024 earnings presentation?

The Flex LNG Q1 2024 earnings presentation can be watched via a live video webcast. A link is provided in the press release.

Will there be a Q&A session in the Flex LNG Q1 2024 earnings presentation?

Yes, a Q&A session will follow the live webcast of the Flex LNG Q1 2024 earnings presentation.

Who should I contact for more information about Flex LNG's Q1 2024 results?

For more information, contact Knut Traaholt, CFO of Flex LNG, via phone or email provided in the press release.

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