FRO - Frontline Ltd.

NYSE - NYSE Delayed Price. Currency in USD
7.87
-0.15 (-1.87%)
At close: 4:03PM EDT

7.87 0.00 (0.00%)
After hours: 4:40PM EDT

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Previous Close8.02
Open8.03
Bid7.87 x 1800
Ask7.88 x 1400
Day's Range7.84 - 8.03
52 Week Range4.46 - 9.54
Volume888,756
Avg. Volume646,079
Market Cap1.336B
Beta (3Y Monthly)0.61
PE Ratio (TTM)29.81
EPS (TTM)0.26
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-06-08
1y Target Est5.10
Trade prices are not sourced from all markets
  • GlobeNewswire7 days ago

    FRO - Acquisition of VLCC Resale and Two LR2 Newbuildings

    Frontline Ltd. (the "Company" or "Frontline") (FRO) is pleased to announce that it has acquired a scrubber-equipped VLCC resale under construction at Hyundai Samho Heavy Industries ("HSHI") expected  to be delivered in May 2020 and has ordered two LR2 newbuildings from SWS, China, expected to be delivered in January 2021 and March 2021. This is in addition to the Company`s recent acquisition of a scrubber-equipped Suezmax resale under construction at HHI due for delivery in May 2020. "These transactions reflect Frontline`s focus on increasing our exposure to the tanker market and are also part of a continuous effort to renew and modernize the Company`s fleet.

  • Reuters7 days ago

    UPDATE 2-U.S. Navy says mine fragments, magnet point to Iran in Gulf tanker attack

    The United States Navy on Wednesday displayed limpet mine fragments and a magnet it said it had removed from one of two oil tankers attacked in the Gulf of Oman last week, saying the mines bore a striking resemblance to Iranian ones. The United States, waging a "maximum pressure" sanctions campaign against Iran to curb its nuclear and regional activities, has been trying to build an international consensus that Iran was behind last week's blasts, as well as a May 12 strike on four oil tankers off the United Arab Emirates.

  • GlobeNewswire8 days ago

    FRO - Update Regarding Front Altair

    Frontline, is pleased to report that crew members of the Front Altair have now either returned home or have re-embarked the vessel to assist with recovery operations and ship to ship transfer of cargo into another Frontline operated vessel.  Frontline wishes to express its gratitude to all parties who ensured the crew`s safety and comfort during this difficult ordeal. The Company is extremely proud of the manner in which our highly-trained crew and vessel master followed protocol and operated according to the highest standards of the Merchant Marines to ensure their safety. Fortunately, Frontline was able to deploy emergency responders in a timely manner, who extinguished fire on the vessel within hours of the incident and ensured no pollution resulted. The Front Altair is in stable condition and anchored off Fujairah in the United Arab Emirates. Following transfer of cargo, damage to the Front Altair will be further inspected and the vessel will ultimately be moved to a shipyard for repair.

  • Markit8 days ago

    See what the IHS Markit Score report has to say about Frontline Ltd.

    Frontline Ltd NYSE:FROView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for FRO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding FRO totaled $287 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Benzinga13 days ago

    Tanker Attacks Could Lead To Jump In Crude Oil Shipping Rates

    Crude prices jumped over 3 percent in early trading on June 13 following attacks on two tankers in the Gulf of Oman – coming a month after four tankers were sabotaged in the same region. Fears of a wider conflict between the U.S. and Iran and a potential blockage of the Strait of Hormuz are intensifying. Just as the threat of U.S. tariffs on Chinese containerized imports caused a surge of pre-emptive volumes in the second half of last year, the threat of the Strait of Hormuz being closed could cause crude importers to scramble to lock in cargoes now.

  • Benzinga13 days ago

    Oil Prices Moving Following Reports Of Tanker Attacks Near Iran

    Two tankers in the Gulf of Oman suffered significant fire damage, one of which docked in Saudi Arabia and was destined to Singapore, according to CNBC. The other tanker, owned by Frontline Ltd (NYSE: FRO), was carrying a petrochemical feedstock from the Persian Gulf to Japan. One of the tankers, the Kokuka Courageous, is stranded 14 nautical miles off the cost of Iran although the tanker's owner confirmed there is no risk of sinking.

  • Reuters13 days ago

    UPDATE 14-U.S. blames Iran for tanker attacks in Gulf of Oman, Iran rejects assertion

    DUBAI/WASHINGTON, June 13 (Reuters) - The United States blamed Iran for attacks on two oil tankers in the Gulf of Oman on Thursday that drove up oil prices and raised concerns about a new U.S.-Iranian confrontation, but Tehran bluntly denied the allegation. It was not immediately clear what befell the Norwegian-owned Front Altair or the Japanese-owned Kokuka Courageous, which both experienced explosions, forcing crews to abandon ship and leave the vessels adrift in waters between Gulf Arab states and Iran.

  • Brief Commentary On FERRO S.A.'s (WSE:FRO) Fundamentals
    Simply Wall St.21 days ago

    Brief Commentary On FERRO S.A.'s (WSE:FRO) Fundamentals

    FERRO S.A. (WSE:FRO) is a stock with outstanding fundamental characteristics. When we build an investment case, we...

  • Examining Frontline Ltd.’s (NYSE:FRO) Weak Return On Capital Employed
    Simply Wall St.last month

    Examining Frontline Ltd.’s (NYSE:FRO) Weak Return On Capital Employed

    Today we'll look at Frontline Ltd. (NYSE:FRO) and reflect on its potential as an investment. Specifically, we'll...

  • Frontline Ltd (FRO) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    Frontline Ltd (FRO) Q1 2019 Earnings Call Transcript

    FRO earnings call for the period ending March 31, 2019.

  • Frontline (FRO) Q1 Earnings Surpass Estimates
    Zackslast month

    Frontline (FRO) Q1 Earnings Surpass Estimates

    Frontline (FRO) delivered earnings and revenue surprises of 12.50% and -5.04%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Presslast month

    Frontline: 1Q Earnings Snapshot

    On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 24 cents. Earnings, adjusted for non-recurring costs, came to 27 cents per share. The results exceeded Wall Street expectations. ...

  • GlobeNewswirelast month

    FRO - First Quarter 2019 Results

    Net income attributable to the Company was $40.0 million, or $0.24 per share, for the first quarter of 2019. Net income attributable to the Company was $45.5 million, or $0.27 per share adjusted for certain non-cash items for the first quarter of 2019. Reported spot average daily time charter equivalent ("TCE") for VLCCs, Suezmax tankers and LR2/Aframax tankers in the first quarter were $35,700, $28,200 and $24,000, respectively.

  • What Does FERRO S.A.'s (WSE:FRO) Balance Sheet Tell Us About It?
    Simply Wall St.last month

    What Does FERRO S.A.'s (WSE:FRO) Balance Sheet Tell Us About It?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • GlobeNewswire2 months ago

    FRO - Invitation to Q1 2019 Results Conference Call and Webcast

    Frontline Ltd.'s preliminary first quarter 2019 results will be released on Thursday May 16 2019, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m U.S..

  • Did Hedge Funds Drop The Ball On Frontline Ltd (FRO) ?
    Insider Monkey2 months ago

    Did Hedge Funds Drop The Ball On Frontline Ltd (FRO) ?

    Does Frontline Ltd (NYSE:FRO) represent a good buying opportunity at the moment? Let’s briefly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to […]

  • Will Frontline Continue to Surge Higher?
    Zacks2 months ago

    Will Frontline Continue to Surge Higher?

    As of late, it has definitely been a great time to be an investor in Frontline.