Flex LNG Reports $95.2 Million in Q3 Revenue Excluding EU Allowances

Flex LNG Ltd. reported $95.2 million in third-quarter vessel operating revenue excluding European Union emissions allowances and maintained its 2026 financial guidance.

For the quarter ended Sept. 30, vessel operating revenue totaled $97.4 million, including $2.2 million from EU allowances. Adjusted basic earnings per share was $0.65. Net income was $42.8 million, or $0.79 per basic share.

Flex LNG kept its 2026 revenue guidance at $345 million to $370 million, excluding EU allowances. Its other targets remain a fleetwide time charter equivalent rate of $73,000 to $78,000 per day and adjusted EBITDA of $255 million to $280 million.

The company expects to pay a third-quarter dividend of $0.75 per share around Dec. 10.