Sfl Corporation Ltd Stock Price, News & Analysis

SFL Corporation has announced its Q1 2025 financial results, declaring its 85th consecutive quarterly dividend of $0.27 per share. The company reported a net loss of $31.9 million ($0.24 per share) in Q1, primarily due to impairments on older dry bulk vessels. Charter hire revenue reached $193.5 million, including $1.5 million in profit share. The company achieved an Adjusted EBITDA of $108.0 million from consolidated subsidiaries and an additional $7.7 million from associated companies.

During the quarter, SFL conducted a $10 million share buyback at an average price of $7.98 per share. The company continues its fleet renewal strategy, divesting older dry bulk vessels and containerships while focusing on assets with charter backlog to support long-term dividend distribution capacity.

SFL Corporation held its 2025 Annual General Meeting on May 8, 2025, in Hamilton, Bermuda. The meeting resulted in several key resolutions being passed, including setting a maximum of eight Directors and re-electing six Directors: Kathrine Fredriksen, Gary Vogel, Keesjan Cordia, James O'Shaughnessy, Ole Hjertaker, and Will Homan-Russell. The shareholders also approved the re-appointment of Ernst & Young AS as auditors and authorized a total Board remuneration not exceeding US$800,000 for the year ending December 31, 2025.

SFL Corporation (NYSE: SFL) has announced it will release its Q1 2025 preliminary financial results on Wednesday, May 14, 2025. The company will host a conference call and webcast for stakeholders at 10:00 AM (EST) / 4:00 PM (CET) on the same day.

Participants can join the event through two options: a listen-only webcast mode via the company's website or an interactive Q&A session through Zoom. All presentation materials will be available in the Investor Relations section at www.sflcorp.com. A replay of the conference call will be accessible through the company's website after the event.

SFL (NYSE: SFL) has announced its upcoming 2025 Annual General Meeting, scheduled for May 8, 2025. The company has made available the Notice of Annual General Meeting documentation along with associated information, including the 2024 Annual Report on Form 20-F, which can be accessed through the company's official website at www.sflcorp.com.

SFL (NYSE: SFL) has announced its upcoming 2025 Annual General Meeting, scheduled for May 8, 2025. The company has set April 4, 2025 as the record date for voting eligibility. Shareholders can expect to receive the Notice of Annual General Meeting along with associated documents, including the Annual Report on Form 20-F, which will be made available on the company's website prior to the meeting.

SFL (NYSE: SFL) has announced the filing of its annual report on Form 20-F for the financial year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The report is accessible through multiple channels, including:

• SFL's corporate website (www.sflcorp.com)
• SEC's website (www.sec.gov)

Shareholders can request a complimentary hard copy of the Annual Report, which includes the company's complete 2024 audited financial statements, by submitting a contact form on SFL's website.

SFL has announced the preliminary results for the fourth quarter of 2024. The presentation will be held on February 12, 2025. Investors and stakeholders are encouraged to review the attached presentation for detailed insights into the company's performance during this period.

SFL has announced its Q4 2024 financial results, reporting a net profit of $20.2 million ($0.15 per share) and declaring its 84th consecutive quarterly dividend of $0.27 per share. The company received charter hire of $231.7 million, including $2.6 million in profit share, and achieved an Adjusted EBITDA of $124.0 million from consolidated subsidiaries plus $7.9 million from associated companies.

Key developments include the issuance of a new $150 million five-year bond, the sale of an older 1,700 TEU feeder container vessel, Golden Ocean's exercise of purchase options on eight dry bulk capesize vessels, and approximately $48 million in compensation from Seadrill. The company has added more than $2 billion in fixed-rate charter backlog in 2024, with a majority of charter backlog now tied to investment-grade end users.

SFL (NYSE: SFL) has received a favorable ruling from the Oslo District Court in its legal case against Seadrill subsidiaries. The dispute arose following the redelivery of the drilling rig Hercules to SFL in December 2022. The court ordered Seadrill subsidiaries to pay SFL approximately $48 million in total compensation, which includes late payment interest and legal costs, due to breach of contract upon rig redelivery.

The ruling is subject to appeal from both parties, with a deadline of March 5, 2025. The company will carefully review the details of the court's judgment.