Frontline Ltd. (FRO)
| Market Cap | 4.18B |
| Revenue (ttm) | 1.95B |
| Net Income (ttm) | 827.59M |
| Shares Out | 222.62M |
| EPS (ttm) | 3.77 |
| PE Ratio | 4.99 |
| Forward PE | 6.17 |
| Dividend | $3.20 (17.04%) |
| Ex-Dividend Date | Sep 14, 2023 |
| Volume | 3,952,964 |
| Open | 18.65 |
| Previous Close | 18.62 |
| Day's Range | 18.42 - 18.84 |
| 52-Week Range | 10.10 - 19.29 |
| Beta | 0.27 |
| Analysts | Hold |
| Price Target | 18.00 (-4.15%) |
| Earnings Date | Aug 24, 2023 |
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, 2022, the company operated a fleet of 70 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
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FRO stock is "Hold." The 12-month stock price forecast is $18.0, which is a decrease of -4.15% from the latest price.
News
FRO – Second Quarter and Six Months 2023 Results
FRONTLINE PLC REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the six months ended June 30, 2023: Highligh...
Is Frontline's 20% Dividend Too Good To Be True?
The Cyprus-based tanker firm Frontline NYSE: FRO, on May 31, posted stellar earnings of $0.90 per share and declared a $0.70 dividend. Given the company's stock price of $13.70, this makes for a mouth...
FRO – First Quarter 2023 Results
FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2023: Highl...
The Game Has Changed
In the early 2020s, the stock market looked much like basketball used to: a big man's game. As examples, money management firms like Vanguard and Blackrock lumbered to higher heights of assets while t...
Smead International Value 1Q 2023 Newsletter: Buying Unwanted Assets
To kick off the beginning of 2023, there continues to be a bias we see in equity investor portfolios. These portfolios have many of the traits investors see at the endpoints of the economy like softwa...
OPEC+ throws tanker shipping a curveball, shaking confidence
“In classic Murphy's Law fashion, shipping seems prone to misfortune,” lamented Stifel analyst Ben Nolan in the wake of Sunday's surprise OPEC+ production cuts. “Things could not have been going more ...
Can Frontline Maintain This Momentum?
The shipping world can be much like the real estate industry, where agents and brokers come and go as the cycle of "hot" markets inevitably comes and goes. By the same token, this cycle births the dem...
Oil Tankers In Buy Range After Breaking Out Of Bases
When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the yea...
FRO – Emergency Arbitration claims initiated by Euronav fully dismissed
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Mar...
FRO – Notice of Arbitration from Euronav
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Mar...
FRO – Notice of Emergency Arbitration from Euronav
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Mar...
FRO - Withdrawing Intention to Bid - Communication in Accordance with Article 8, §1 of the Royal Decree of 27 April 2007 on Public Takeover Bids
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (mar...
FRO – Termination of Combination Agreement with Euronav
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Mar...
FRO – Redomiciliation of Frontline to Cyprus is Effective
Frontline plc ("Frontline" or the "Company") (NYSE: FRO - OSE: FRO), formerly Frontline Ltd., refers to its announcement on December 20, 2022 regarding the approval by Frontline's shareholders at the ...
FRO – Special General Meeting Approves the Redomiciliation of Frontline to Cyprus
Frontline Ltd. ("Frontline" or the "Company") (NYSE: FRO - OSE: FRO) announces that a Special General Meeting of Shareholders was held on December 20, 2022, at 8:00 a.m. local time, at Par-la-Ville Pl...
Why Euronav, Frontline And PBF Energy Stock Are Seeing Blue Skies - Frontline (NYSE:FRO), Euronav (NYSE:EURN)
Euronav NV EURN, Frontline Ltd FRO and PBF Energy Inc PBF shares are all trading sharply higher going into the close of Monday's session. Shares of energy companies at large are trading higher amid an...
FRO - Special General Meeting
Frontline Ltd. (“Frontline”) (NYSE: FRO – OSE: FRO) announces that it will hold a Special General Meeting of Shareholders (the “Meeting”) to consider and approve, among other things, the redomiciliati...
FRO – Q3 2022 Presentation
Please find enclosed the presentation of Frontline Ltd.'s third quarter 2022 results to be held on the webcast / conference call 30 November, 2022 at 15:00 CET.
FRO – Third Quarter and Nine Months 2022 Results
Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three and nine months ended September 30, 2022
FRO – Second Quarter and Six Months 2022 Results
FRONTLINE LTD. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2022
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Euronav NV Merger
Wilmington, Delaware--(Newsfile Corp. - July 12, 2022) - Rigrodsky Law, P.A. is investigating Euronav NV ("Euronav") (NYSE: EURN) regarding possible breaches of fiduciary duties and other violations o...
FRONTLINE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Frontline Ltd. - FRO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Frontline Ltd....
FRO - Fronline Ltd. and Euronav NV sign definitive combination agreement to create a leading global independent oil tanker operator
The combined group will create a leading global independent oil tanker owner and operator with the management, capabilities, resources and scale to successfully capitalise on the opportunities present...
FRO - Frontline Ltd. considers voluntary public takeover bid on Euronav NV
Frontline Ltd. (“FRO” or “Frontline”) (NYSE: FRO - OSE: FRO) is pleased to announce that it has entered into a definitive Combination Agreement with Euronav NV (“EURN” or “Euronav”) (NYSE: EURN - Euro...