Flex LNG – Fourth Quarter 2022 Earnings Release
February 14, 2023Hamilton, Bermuda Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the fourth quarter ended December 31, 2022. Highlights: * Vessel operating revenues of $97.9 million for the fourth quarter 2022, compared to $91.3 million for the third quarter 2022. * Net income of $41.4 million and basic earnings per share of $0.78 for the fourth quarter 2022, compared to net income of $46.6 million and basic earnings per share of $0.88 for the third quarter 2022. * Average Time Charter Equivalent[1] (“TCE”) rate of $81,699