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Frontline Ltd.

FRO.OL

Latest Trade

54.30NOK

Change

-1.35(-2.43%)

Volume

511,823

Today's Range

53.60

 - 

55.10

52 Week Range

51.10

 - 

123.00

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
55.65
Open
54.15
Volume
511,823
3M AVG Volume
12.58
Today's High
55.10
Today's Low
53.60
52 Week High
123.00
52 Week Low
51.10
Shares Out (MIL)
197.69
Market Cap (MIL)
10,889.75
Forward P/E
2.83
Dividend (Yield %)
32.61

Next Event

Q4 2020 Frontline Ltd Earnings Release

Latest Developments

More

Frontline Q3 Net Oper Profit Up At USD 71 Mln

Frontline Ltd - Transition Of Frontline Management Chief Executive Officer

Frontline Q2 Net Income Up At $199.7 Mln

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About Frontline Ltd.

Frontline Ltd. is a shipping company. The Company is engaged in the seaborne transportation of crude oil and oil products. Its tankers segment includes crude oil tankers and product tankers. As of December 31, 2016, the Company's fleet consisted of 28 vessels owned by the Company (seven very large crude carriers (VLCCs), 10 Suezmax tankers and 11 Aframax/LR2 tankers); 13 vessels that are under capital leases (11 VLCCs and two Suezmax tankers); one VLCC that is recorded as an investment in finance lease; four vessels chartered-in for periods of 12 months, including extension options (two VLCCs and two Suezmax tankers); two VLCCs where cost/revenue is split equally with a third party (of which one is chartered-in by it and one by a third party); three medium range product tankers that are chartered-in on short term time charters with a remaining duration of less than two months, and five vessels that are under commercial management (two Suezmax tankers and three Aframax oil tankers).

Industry

Water Transportation

Contact Info

Par-La-Ville Place, 14 Par-La-Ville Road

HM 08

Bermuda

+1.441.2956935

http://www.frontline.bm/

Executive Leadership

John Fredriksen

Chairman of the Board, President and Director

Inger Marie Klemp

Chief Financial Officer of Frontline Management AS, Principal Financial Officer

Robert Hvide Macleod

Chief Executive Officer for Frontline Management AS, Director

Ulrika Laurin

Independent Director

Ola Lorentzon

Independent Director

Key Stats

2.50 mean rating - 8 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

0.6K

2018

0.4K

2019

0.6K

2020(E)

0.9K
EPS (USD)

2017

-0.030

2018

-0.140

2019

0.820

2020(E)

2.246
Price To Earnings (TTM)
2.35
Price To Sales (TTM)
0.89
Price To Book (MRQ)
0.76
Price To Cash Flow (TTM)
1.86
Total Debt To Equity (MRQ)
136.63
LT Debt To Equity (MRQ)
122.53
Return on Investment (TTM)
15.89
Return on Equity (TTM)
14.03

Latest News

Latest News

Billionaire Fredriksen names Svelland head of holding firm Seatankers

Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as next head of his family's key holding company, which controls assets ranging from oil tankers and rigs to real estate, fish farming and finance.

Tanker firm Frontline plans $100 mln share sale to fund growth

Oil tanker company Frontline will raise up to $100 million in an equity offering to fund potential growth opportunities and general corporate needs, it said on Wednesday.

Frontline says floating oil storage may be close to peak

The volume of crude stored on oil tanker vessels is currently estimated to around 200 million barrels and may be close to a peak, tanker group Frontline said on Wednesday.

Frontline Q1 profit at 12-year high, sees downward pressure amid oil cutback

Oil tanker firm Frontline reported on Wednesday a surge in first-quarter earnings, but warned of weaker rates for its vessels in the next quarter as demand for crude transport and storage capacity wanes.

BRIEF-Xerox To Manufacture Hospital-Grade Sanitizer In U.S. And Canada For Frontline Healthcare Workers

* XEROX TO MANUFACTURE HOSPITAL-GRADE SANITIZER IN U.S. AND CANADA FOR FRONTLINE HEALTHCARE WORKERS

BRIEF-Diageo Pledges More Than Eight Mln Bottles Of Sanitiser For Frontline Healthcare Workers

* DIAGEO PLEDGES MORE THAN EIGHT MILLION BOTTLES OF SANITISER FOR FRONTLINE HEALTHCARE WORKERS

UPDATE 1-Shipper Frontline warns on virus impact after Q4 profit surge

Oil tanker firm Frontline warned on Thursday that the coronavirus outbreak will hurt its results in the near term, even as the group reported sharp gains in earnings for the final quarter of 2019.

Shipper Frontline warns on virus after Q4 profit surge

Oil tanker firm Frontline warned on Thursday that the coronavirus outbreak will hurt its results in the near term, even as the group reported sharp gains in earnings for the final quarter of 2019.

Frontline calls off plan to buy additional Trafigura tankers

Norway's Frontline has cancelled plans to buy another four Suezmax oil tankers from Trafigura and instead aims to add even larger supertankers to its fleet, the shipping company said late on Wednesday.

Frontline's blast-hit oil tanker seen back in operation in fourth quarter

An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back in service in the fourth quarter after repairs, vessel owner Frontline said on Tuesday.

Trafigura takes stake in Frontline in $675 million tanker deal

Frontline <FRO.OL> has agreed to buy 10 Suezmax oil tankers from Trafigura [TRAFGF.UL] in a cash and share deal worth up to $675 million which will make the Geneva-based trading firm the group's second biggest shareholder.

Frontline buys 10 oil tankers from Trafigura for $675 mln

Frontline will buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million, and may buy a further four vessels later, the two companies announced on Friday.

BRIEF-Frontline To Acquire A Fleet Of Suezmax Tankers From Trafigura

* REG-FRO - FRONTLINE TO ACQUIRE A FLEET OF SUEZMAX TANKERS FROM TRAFIGURA

Trafigura in ship fuel venture with Frontline, Golden Ocean

Commodities trader Trafigura is joining forces with shipping firms Frontline <FRO.OL> and Golden Ocean <GOGL.O> to supply marine fuel ahead of a shake up in regulation which could disrupt delivery and cause prices to spike.

Trafigura to set up shipping fuel venture with Frontline, Golden Ocean

Trafigura Group is joining forces with shipping firms Frontline and Golden Ocean to set up a company to supply shipping fuels globally, the three companies said in a joint statement on Tuesday.

Factbox: Latest on tanker attacks south of Strait of Hormuz

Here is the latest from Reuters on attacks on two tankers on Thursday south of the Strait of Hormuz, through which almost a fifth of the world's oil is shipped:

Latest on suspected attacks on tankers in Gulf of Oman

Here is the latest from Reuters on attacks on two tankers on Thursday south of the Strait of Hormuz, through which almost a fifth of the world's oil is shipped:

Frontline spokesman denies IRNA report that Front Altair has sunk

Frontline's oil tanker Front Altair is still afloat in the Gulf of Oman, a spokesman for the firm said, denying an earlier report by the Iranian news agency IRNA.

Frontline spokesman denies IRNA report that Front Altair has sunk

Frontline's oil tanker Front Altair is still afloat in the Gulf of Oman, a spokesman for the firm said, denying an earlier report by the Iranian news agency IRNA.

Frontline oil tanker still on fire, has not sunk: spokesman

Frontline's Front Altair oil tanker is still on fire in the Gulf of Oman and has not sunk, a spokesman for the company said on Thursday, citing information from a nearby vessel.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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