Philippines Energy Fine Boosts Flex LNG Shares!

Wednesday, Jun 4, 2025 3:30 pm ET1min read
Flex Lng Ltd. rose 1.16% in intraday trading. The Philippine Energy Department fined First Gen Corporation, an investment holding company engaged in power generation, over non-compliance issues. This news may have influenced the stock price movement, as First Gen Corporation is a significant player in the energy sector, and regulatory actions can impact the broader energy market.

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