Overview
SFL preliminary Q3 operating revenue at $178 mln, driven by charter hires
Net income for Q3 2025 was $8.6 mln
Adjusted EBITDA for Q3 at $113 mln
Outlook
SFL sees fixed rate charter backlog at approximately $4 bln
Company optimistic about securing new employment for Hercules rig next year
SFL invests nearly $100 mln in fuel efficiency upgrades
Result Drivers
FLEET OPTIMIZATION - Co sold older vessels and upgraded modern ones, enhancing operational performance
STRATEGIC INVESTMENTS - Co invested nearly $100 mln in fuel efficiency and cargo optimization, boosting charter backlog
LONG-TERM CHARTERS - Majority of vessels on long-term charters, providing earnings visibility
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | $8.60 mln | ||
Q3 Adjusted EBITDA | $113 mln | ||
Q3 Dividend | $0.20 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas transportation services peer group is "buy"
Wall Street's median 12-month price target for SFL Corporation Ltd is $10.00, about 23.7% above its November 10 closing price of $7.63
Press Release: ID:nGNEn0l94
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)