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 Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

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Earnings data Q2 2022

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 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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FRO, DHT and CVE have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2024.

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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 growth, but spot contract prices are decreasing.

Frontline Stock Drops On Q3 2024 Earnings Report Amidst Tanker Market Uncertainty

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Investors need to pay close attention to Frontline (FRO) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Frontline (FRO) Stock?

Frontline plc (FRO) Q3 2024 Earnings Call Transcript

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 months ended September 30, 2024:    Highlights Profit of $60.5 million, or $0.27 per share for the third quarter of 2024. Adjusted profit of $75.4 million, or $0.34 per share for the third quarter of 2024.

FRO – Third Quarter and Nine Months 2024 Results

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 stay above $70/barrel, benefiting midstream companies like FRO, which are crucial for oil transport. Earnings estimates for FRO are positive, with expected 25% YoY revenue growth, but the company has a history of disappointing earnings reports.

At 12% Yield, Frontline Is A No-Brainer Investment

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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: Tanker Market Strategy And Ongoing Disruptions (Podcast Transcript)

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 the ships are equipped with scrubbers. Despite high leverage, FRO's operating figures and cash reserves adequately cover debt service costs, ensuring financial stability.

Frontline: Large Fleet, Excellent Specs, And Attractive Yields

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 - Evercore ISI Omar Nokta - Jefferies Operator Good day and thank you for standing by. Welcome to the Second Quarter 2024 Frontline plc Earnings Conference Call.

Frontline plc (FRO) Q2 2024 Earnings Call Transcript

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:    Highlights Profit of $187.6 million, or $0.84 per share for the second quarter of 2024. Adjusted profit of $138.2 million, or $0.62 per share for the second quarter of 2024.

FRO – Second Quarter and Six Months 2024 Results

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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 expected to remain high in the coming years. Frontline plc has a high dividend yield of 10.9% and strong financial metrics, despite accumulating debt to finance its fleet of tankers.

Frontline Plc's Stock And Fleet Are On The Upswing

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