Flex LNG Ltd (NYSE:FLNG)
$ 23.48 -0.76 (-3.14%) Market Cap: 1.28 Bil Enterprise Value: 2.71 Bil PE Ratio: 10.58 PB Ratio: 1.61 GF Score: 78/100

FLEX LNG Ltd Corporate Update Call Transcript

Dec 17, 2021 / 06:00AM GMT
Release Date Price: $20.69 (-1.38%)
Christopher Vonheim

Welcome back, everyone. Very happy to once again be joined by Oystein doing a quick presentation for us, and Oystein, thank you so much for keeping this traditional [live].

Oystein M. Kalleklev
FLEX LNG Ltd. - CEO

I'm good to be back Christopher. I guess it's a year since last time.

Christopher Vonheim

Perfect. Do you just want to start with the presentation and then we can take the Q&A afterwards?

Oystein M. Kalleklev
FLEX LNG Ltd. - CEO

Yes. Perfect. Sure. So should we just jump into it? Okay. That's good. So the energy crisis, the energy crisis has now become so big and so many headlines about it. It's actually our own Wikipedia page, 2021 global energy crisis. And it's been going on for quite some time. And it's becoming (inaudible) here in Europe.

We had a beginning of October, the crisis went record high and as President Putin, he came to the market and said that promised more supply from Russia, that has not really materialized. So prices are

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