Frontline plc (FRO)
| Market Cap | 3.58B |
| Revenue (ttm) | 2.05B |
| Net Income (ttm) | 495.58M |
| Shares Out | 222.62M |
| EPS (ttm) | 2.23 |
| PE Ratio | 7.23 |
| Forward PE | 7.30 |
| Dividend | $1.78 (11.07%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 1,538,676 |
| Open | 16.49 |
| Previous Close | 16.29 |
| Day's Range | 15.93 - 16.58 |
| 52-Week Range | 13.17 - 29.39 |
| Beta | 0.02 |
| Analysts | Strong Buy |
| Price Target | 27.33 (+69.96%) |
| Earnings Date | Feb 28, 2025 |
About FRO
Frontline plc, a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2023, the company operated a fleet of 76 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Limassol, Cyprus. [Read more]
Financial Performance
In 2024, Frontline's revenue was $2.05 billion, an increase of 13.77% compared to the previous year's $1.80 billion. Earnings were $495.58 million, a decrease of -24.50%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FRO stock is "Strong Buy." The 12-month stock price forecast is $27.33, which is an increase of 69.96% from the latest price.
News
Frontline Plc (FRO) Q4 2024 Earnings Call Transcript
Frontline Plc (NYSE:FRO) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Lars Barstad - Chief Executive Officer Inger Klemp - Chief Financial Officer Conference Cal...
10 Ideal 'Safer' January Dividend Buys, Out Of 40 Choices From Readers
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Frontline Stock Drops On Q3 2024 Earnings Report Amidst Tanker Market Uncertainty
Frontline stock hit a 52-week low this week after Q3 2024 earnings. The maritime oil shipping sector is experiencing volatility and uncertainty. Frontline's Q3 earnings were in line and showed YoY gro...
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Frontline plc (FRO) Q3 2024 Earnings Call Transcript
Frontline plc (FRO) Q3 2024 Earnings Call Transcript
FRO – Third Quarter and Nine Months 2024 Results
FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024 Frontline plc (the “Company”, “Frontline,” “we,” “us,” or “our”), today reported unaudited results for the three and nine m...
At 12% Yield, Frontline Is A No-Brainer Investment
Frontline plc offers a high dividend yield of 12%, but has a history of unpredictable dividend cuts, making it suitable for aggressive investors. Despite geopolitical risks, oil prices are expected to...
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Frontline: Tanker Market Strategy And Ongoing Disruptions (Podcast Transcript)
Value Investor's Edge Live returns with the latest episode focused on the crude oil shipping sector. Frontline is the largest US-listed crude tanker owner with a roughly $5B market capitalization.
Frontline: Large Fleet, Excellent Specs, And Attractive Yields
I maintain a Buy rating for Frontline due to its large, modern fleet, strong balance sheet, and attractive dividend yield. FRO's fleet consists of 82 tankers with an average age of 6.2 years. 56% of t...
Frontline plc (FRO) Q2 2024 Earnings Call Transcript
Frontline plc (NYSE:FRO) Q2 2024 Earnings Conference Call August 30, 2024 9:00 AM ET Company Participants Lars Barstad - CEO Inger Klemp - CFO Conference Call Participants Jonathan Chappell - Evercor...
FRO – Second Quarter and Six Months 2024 Results
FRONTLINE PLC REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2024 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the six months ended June 30, 2024: Highl...
69 All Star And Graham Value Stocks; 49 Fit To Buy In August
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Frontline Plc's Stock And Fleet Are On The Upswing
Frontline plc stock is rated as a buy-to-strong buy opportunity after a recent drop in share price. Growth opportunities in the marine shipping industry outweigh risks, with demand for crude tankers e...
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Frontline's Aggressive Acquisition Strategy Pays Off Amid Global Disruptions
Frontline reported strong earnings and distributions, indicating a positive outlook for the company. The company's fleet consists of VLCCs, Suezmaxes, and LR2 tankers, with a focus on fuel efficiency ...
Frontline plc (FRO) Q1 2024 Earnings Call Transcript
Frontline plc (NYSE:FRO) Q1 2024 Earnings Conference Call May 30, 2024 9:00 AM ET Company Participants Lars Barstad - Chief Executive Officer Inger Klemp - Chief Financial Officer Conference Call Par...
FRO – First Quarter 2024 Results
FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2024: Highl...
Although Frontline Is Up 83% In 1 Year, We Think There Is More To Come
We examine earnings potential from the acquisition of 24 modern VLCCs from Euronav. The gearing ratio is expected to increase from 62% to 65% in Q1 2024. Favorable supply and demand dynamics over the ...
Frontline: How Geopolitical Shifts Are Steering Growth For Tanker Operations
Frontline's dividend offers a strong 9.4% yield, thanks to strong growth and favourable market conditions. Frontline's strong revenue and EPS growth should help in reducing debt risk. Geopolitical shi...
Frontline plc (FRO) Q42023 Earnings Call Transcript
Frontline plc (FRO) Q42023 Earnings Call Transcript
FRO – Fourth Quarter and Full Year 2023 Results
FRONTLINE PLC REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three and twelve months ended Decemb...
Frontline: Robust Fundamentals And High Returns
Frontline: Robust Fundamentals And High Returns