Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Flex LNG Ltd is a primarily engaged in the business of providing floating Liquefied Natural Gas (LNG) solutions. The company is an owner of liquefied natural gas (LNG) carrier vessels and floating storage regasification units (FRSUs). The company through its subsidiaries is focused on the construction of the LNG carrier vessels on order, including obtaining commercial charter parties, and future FSRU projects. It mainly operates a fleet of LNG carriers and has six M-type, Electronically Controlled, Gas Injection LNG carriers, of which four have partial re-liquefaction systems installed. It markets these vessels for charter and is also pursuing FSRU projects and has four modern LNG vessels on the short-term charter.
Hamilton, HM08, Bermuda