SFL Corp Reports Q4 Net Loss, Declares $0.20 Dividend, and Announces Strategic Fleet Adjustments

summarizeSummary

SFL Corp Ltd. reported a Q4 2025 net loss of $0.04 per share, declared a $0.20 quarterly dividend, and announced strategic fleet adjustments including tanker sales and charter releases to capitalize on market conditions.

check_boxKey Events

• Q4 2025 Financial Results

  Reported a net loss of $4.7 million, or $0.04 per share, on total operating revenues of $176 million. Adjusted EBITDA was $109 million.

• Quarterly Dividend Declared

  Declared an $0.20 per share cash dividend, marking the 88th consecutive quarterly dividend.

• Strategic Fleet Management

  Sold two 2015-built Suezmax tankers for approximately $52 million in net proceeds, booking an $11.3 million gain in Q4. Also released charters on two 2020-built Suezmax tankers for a $23 million fee, positioning them for the strong spot market.

• Capital Allocation Programs

  Approximately $80 million remains under the authorized share repurchase program, valid until June 2026. The company also has an active at-the-market (ATM) offering program for up to $100 million of common shares.

auto_awesomeAnalysis

SFL Corp Ltd. reported a net loss for Q4 2025, primarily impacted by a $23 million fee related to the release of charters for two Suezmax tankers. Despite the loss, the company declared its 88th consecutive quarterly dividend, signaling continued commitment to shareholder returns. Strategically, SFL sold two older Suezmax tankers for $52 million in net proceeds, booking a significant gain, and positioned the two newly released Suezmax tankers to benefit from a strong spot market. The company also highlighted substantial remaining capacity in its share repurchase program and an active at-the-market offering, indicating ongoing capital management initiatives.