Frontline

Frontline Plc is an international shipping company, which engages in the ownership and operation of oil and product tankers. It also offers the seaborne transportation of crude oil and oil products. The company was founded in 1985 and is headquartered in Limmasol, Cyprus.

Earnings data Q4 2020

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Frontline reports robust Q1 earnings amidst market caution

Frontline navigated challenges in Q1 2024 while maintaining strong financial performance.
The company's fleet composition and operational efficiency are key strengths.
Market caution, dividend payout ratio, and security risks are notable challenges.
Frontline eyes opportunities in global oil demand and time charter markets.

Frontline navigates geopolitical risks in Q2 earnings, eyes strategic growth

Frontline's Q2 earnings call highlighted a mixed performance influenced by external factors, with a focus on capital optimization and fleet restructuring. Despite challenges from geopolitical risks, the company's cash generation potential and fleet composition present strengths to leverage in the market, offering opportunities for strategic growth.

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Frontline (FRO) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Growth Investors Shouldn't Overlook Frontline (FRO)

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Frontline (FRO) concluded the recent trading session at $21.61, signifying a +0.75% move from its prior day's close.

Frontline (FRO) Advances While Market Declines: Some Information for Investors

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Frontline plc recently acquired 24 VLCCs from Euronav in a complex deal, increasing its fleet capacity by 57%. The acquired vessels are young and eco-friendly, with 9 out of 24 equipped with scrubbers. Frontline's earnings and free cash flow per share are expected to be highly accretive, but the company's success is dependent on VLCC rates and market conditions.

Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market

Frontline (FRO) reachead $22.25 at the closing of the latest trading day, reflecting a +1.83% change compared to its last close.

Frontline (FRO) Surpasses Market Returns: Some Facts Worth Knowing

Is Frontline (FRO) a Solid Growth Stock? 3 Reasons to Think "Yes"

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The Tanker industry has seen a resurgence in recent months due to geopolitical events and rising oil prices. Euronav NV has a takeover bid from its largest shareholder, CMB. Frontline plc is acquiring 24 VLCCs from Euronav NV and is poised to benefit from the transaction.

Euronav And Frontline: Lessons From The Shipping Industry

In the latest trading session, Frontline (FRO) closed at $21.55, marking a +0.47% move from the previous day.

Frontline (FRO) Ascends While Market Falls: Some Facts to Note

After acquiring 24 Euronav vessels, Frontline owns the youngest and the largest VLCC fleet. For the last few years, Frontline has improved its solvency and liquidity. The company's profitability is average, although I expect it to improve due to improved fleet size and quality. Based on my calculations, I believe the market values Frontline at a 32% discount based on NAV.

Frontline: An Enticing Tanker Stock With Generous Dividend Yields

Frontline (FRO) concluded the recent trading session at $20.39, signifying a +0.99% move from its prior day's close.

(FRO) Rises As Market Takes a Dip: Key Facts

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Amid sudden geopolitical tension in the Middle East, oil transportation player Frontline has gapped up above an alternative buy point.

This Oil Shipping Player Stands Out Amid Sudden Mideast Shock

Frontline (FRO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Frontline (FRO): Can Its 7.7% Jump Turn into More Strength?

Frontline reported strong Q2 results helped by high spot TCE rates. Since quarter end, spot rates have been on a rollercoaster ride. Spot rates could remain volatile in the future due to a number of factors.

Frontline: Spot Rates Have Been Volatile

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Frontline (FRO) could produce exceptional returns because of its solid growth attributes.

Frontline (FRO) is an Incredible Growth Stock: 3 Reasons Why

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The recent surge in analyst coverage for stocks such as MSA Safety (MSA), Frontline (FRO) and The Andersons (ANDE) indicates the potential for significant price appreciation in the near term.

New Analysts Initiate Coverage: 3 Stock to Buy

Frontline is a sector leader with a modern and efficient fleet, balance sheet strength leads to high investor returns. The company's operating costs remained stable while rates remained elevated, allowing all incremental income to go directly to the bottom line. Frontline recorded its highest Q2 profit since 2008, with strong revenues and a cash dividend of $0.80 per share.

Frontline: Sailing Ahead Of The Pack

Frontline plc (NYSE:FRO ) Q2 2023 Results Conference Call August 24, 2023 9:00 AM ET Company Participants Lars Barstad - CEO Inger Klemp - CFO Conference Call Participants Jon Chappell - Evercore Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Chris Tsung - Webber Research Operator Good day and thank you for standing by. Welcome to the Second Quarter 2023 Frontline plc Conference Call.

Frontline plc (FRO) Q2 2023 Earnings Call Transcript

Growth stock Frontline is in a cup base as it rises after a strong quarter. The oil tanker has navigated OPEC+ cuts, Russian sanctions, China slump.

Oil Tanker Stock Jumps After Strong Quarter; Navigates Rough Seas

News for Frontline Stock (FRO)