FLNG vs. GLNG
Compare and contrast key facts about FLEX LNG Ltd (FLNG) and Golar LNG Limited (GLNG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNG or GLNG.
Correlation
The correlation between FLNG and GLNG is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLNG vs. GLNG - Performance Comparison
Key characteristics
FLNG:
-0.03
GLNG:
1.23
FLNG:
0.17
GLNG:
1.92
FLNG:
1.02
GLNG:
1.25
FLNG:
-0.03
GLNG:
0.85
FLNG:
-0.07
GLNG:
5.64
FLNG:
10.79%
GLNG:
9.02%
FLNG:
28.88%
GLNG:
41.51%
FLNG:
-71.92%
GLNG:
-92.81%
FLNG:
-23.22%
GLNG:
-38.69%
Fundamentals
FLNG:
$1.22B
GLNG:
$3.88B
FLNG:
$2.18
GLNG:
$0.48
FLNG:
10.31
GLNG:
77.17
FLNG:
3.41
GLNG:
14.88
FLNG:
1.50
GLNG:
1.92
FLNG:
$266.11M
GLNG:
$195.41M
FLNG:
$153.12M
GLNG:
$69.19M
FLNG:
$215.92M
GLNG:
$74.99M
Returns By Period
In the year-to-date period, FLNG achieves a 1.07% return, which is significantly higher than GLNG's -12.48% return.
FLNG
1.07%
3.17%
-5.50%
0.22%
49.79%
N/A
GLNG
-12.48%
9.39%
-2.76%
51.63%
47.59%
2.20%
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Risk-Adjusted Performance
FLNG vs. GLNG — Risk-Adjusted Performance Rank
FLNG
GLNG
FLNG vs. GLNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and Golar LNG Limited (GLNG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FLNG vs. GLNG - Dividend Comparison
FLNG's dividend yield for the trailing twelve months is around 13.35%, more than GLNG's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 13.35% | 13.08% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLNG Golar LNG Limited | 1.35% | 1.77% | 3.26% | 0.00% | 0.00% | 0.00% | 2.11% | 1.72% | 0.67% | 0.87% | 11.40% | 4.94% |
Drawdowns
FLNG vs. GLNG - Drawdown Comparison
The maximum FLNG drawdown since its inception was -71.92%, smaller than the maximum GLNG drawdown of -92.81%. Use the drawdown chart below to compare losses from any high point for FLNG and GLNG. For additional features, visit the drawdowns tool.
Volatility
FLNG vs. GLNG - Volatility Comparison
The current volatility for FLEX LNG Ltd (FLNG) is 12.33%, while Golar LNG Limited (GLNG) has a volatility of 24.29%. This indicates that FLNG experiences smaller price fluctuations and is considered to be less risky than GLNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
FLNG vs. GLNG - Financials Comparison
This section allows you to compare key financial metrics between FLEX LNG Ltd and Golar LNG Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities