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 Q3 2023

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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.

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MBWM, LRCX and FRO made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 30, 2023.

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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

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

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July Fireworks: Nifty-60 Divvy Dogs

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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.

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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

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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.

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

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