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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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) came out with quarterly earnings of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago.

Frontline (FRO) Q2 Earnings Meet Estimates

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: Highlights  Highest second quarter profit since 2008 of $230.7 million, or $1.04 per basic and diluted share for the second quarter of 2023. Adjusted profit of $210.0 million, or $0.94 per basic and diluted share for the second quarter of 2023.

FRO – Second Quarter and Six Months 2023 Results

Supply-chain disruptions are likely to have hurt Frontline's (FRO) Q2 performance.

Frontline (FRO) to Post Q2 Earnings: What's in the Offing?

Frontline (FRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Frontline (FRO) Earnings Expected to Grow: Should You Buy?

Predicting the forward freight market is challenging due to huge weekly swings in the spot market for Very Large Crude Carriers (VLCCs). Frontline Plc's adjusted net profit in Q1 2023 was $193.3 million, equating to an EPS of $0.87, and a dividend of 0.70 per share was declared. The electrification of vehicles and the IMO amendments to MARPOL, aiming to reduce pollution from ships, could impact the demand and utilization of the fleet.

Frontline Gets An Upgrade To Buy

APA Corporation

Devon Energy

As we delve into July, it's time to take a hard look at some oil stocks to sell. The crude oil market has hit a rough patch over the past several months, with West Texas Intermediate ( WTI ) crude oil prices hovering slightly above the $70 per barrel mark.

3 Oil Stocks to Sell in July Before They Crash and Burn

Avance Gas Holding Ltd

Black Stone Minerals LP

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Western Gas Partners

Months ago, I first queried YCharts for U.S. dividend stocks yielding greater than 5% annually and solely pegged “attractive” in Y-ratings (ranging from “not-rated” to “avoid,” “neutral,” or “attractive”). My recent query produced this list of July Divvy Nifty-60 stocks; of which, 58 measure-up to the dogcatcher ideal of promising dividend payouts, from $1k invested, greater than their single-share prices. How're they doin' now? The top-ten of 60 divvy 58 for July ranged 12.08% to 29.96% in annual-yield and ranged 27.39% to 43.48% in one-year price-target-upsides per brokers as-of 6/30/23.

July Fireworks: Nifty-60 Divvy Dogs

Camber Energy

Halliburton

Transocean

Shell PLC

With oil prices hovering around $70 and some analysts believing they could go as high as $100. Therefore, it may seem like a waste of time to think about high-risk oil stocks.

7 Oil Stocks to Sell as Demand Peaks and Interest in EVs Grows

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MercadoLibre

North American Energy Partners

ServiceNow

Splunk

Teekay Tankers

Vista Oil & Gas SAB de CV

Vitesse Energy Inc

Wabash National

ServiceNow, Splunk and airline stock Copa among the top growth stocks eyeing 78%-2,900% earnings growth in their next report.

See 18 Top Growth Stocks Eyeing 78% To 2,900% EPS Gain In Q2

The overall energy market has seen a decline since the end of 2022. Stocks within the energy and oil and gas sectors saw a large amount of growth in 2022 while the broader was falling.

Get Out Now! 3 Energy Stocks That Are Poised to Plunge

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-watering annualized yield of over 20%.

Is Frontline's 20% Dividend Too Good To Be True?

Frontline plc (NYSE:FRO ) Q1 2023 Earnings Conference Call May 31, 2023 9:00 AM ET Company Participants Lars Barstad - Chief Executive Officer Inger Klemp - Chief Financial Officer Conference Call Participants Jon Chappell - Evercore ISI Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Chris Tsung - Webber Research Operator Good day, and thank you for standing by. Welcome to the Q1 2023 Frontline PLC Earnings Conference Call.

Frontline plc (FRO) Q1 2023 Earnings Call Transcript

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: Highlights Highest first quarter profit since 2008 of $199.6 million, or $0.90 per basic and diluted share for the first quarter of 2023. Adjusted profit of $193.3 million, or $0.87 per basic and diluted share for the first quarter of 2023.

FRO – First Quarter 2023 Results

Hewlett Packard

U.S. markets are closed Monday in observance of the Memorial Day holiday. On Friday, the Dow Jones industrials closed up 1.0%, the S&P 500 closed up 1.3% and the Nasdaq closed 2.19% higher.

Earnings Previews: Box, Frontline, Hewlett Packard Enterprise, HP

Frontline (FRO) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Apple

Microsoft

Ovintiv

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 the passive firms swallowed more market share.

The Game Has Changed

FRO had a huge Q4, but spot rates have been pulling back recently. A re-opening of China and Ukraine-Russia war should still be positive for tanker rates.

Frontline: Spot Rates Pull Back

Occidental Petroleum

Cenovus Energy

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 software, consumer products and computer chips.

Smead International Value 1Q 2023 Newsletter: Buying Unwanted Assets

Scorpio Tankers

In 2022, Scorpio Tankers' net debt-to-equity and net debt-to-EBITDA ratios dropped deeply to 0.62x and 1.56x, respectively. Frontline's liquidity condition is promising. Its current ratio doubled to 2.25x, and its cash ratio boosted to 1.25x at the end of 2022.

Scorpio Tankers And Frontline: 2 Big Tanker Stocks To Buy

Nordic American Tankers

“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 right for the tanker market” until OPEC+ gave tanker owners and investors a “poke in the eye.

OPEC+ throws tanker shipping a curveball, shaking confidence

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 demand for their services.

Can Frontline Maintain This Momentum?

We like Frontline plc for its large, modern and diverse tanker fleet. Spot market throws off large free cash flow, which is expected to continue in the next few quarters.

Frontline Plc: Feast Or Famine, We Look At Possible Outcomes

Tsakos Energy Navigation Limited

TORM

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 year.

Oil Tankers In Buy Range After Breaking Out Of Bases

Frontline plc (NYSE:FRO ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Lars Barstad - CEO Inger Klemp - CFO Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore ISI Chris Robertson - Deutsche Bank Greg Lewis - BTIG Operator Good day, and thank you for standing by. Welcome to the Fourth Quarter 2022 Frontline PLC Earnings Conference Call.

Frontline plc (FRO) Q4 2022 Earnings Call Transcript

Oil tanker stocks start 2023 with bang after posting strong Q4 earnings and sales. The post Oil Tankers Continue To Rally; Earnings Take Them To The Top appeared first on Investor's Business Daily.

Oil Tankers Continue To Rally; Earnings Take Them To The Top

News for Frontline Stock (FRO)