FRO - Frontline Ltd.

NYSE - Nasdaq Real Time Price. Currency in USD
5.2309
+0.1209 (+2.37%)
As of 1:15PM EDT. Market open.
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Previous Close5.1100
Open5.1700
Bid5.2100 x 1100
Ask5.2200 x 1200
Day's Range5.1150 - 5.2400
52 Week Range3.7900 - 6.5000
Volume212,957
Avg. Volume470,520
Market Cap888.254M
Beta1.73
PE Ratio (TTM)N/A
EPS (TTM)-1.7990
Earnings DateN/A
Forward Dividend & Yield0.60 (10.45%)
Ex-Dividend Date2017-06-08
1y Target Est5.10
Trade prices are not sourced from all markets
  • Analysts’ Views on Crude Tanker Companies before Q2 2018 Results
    Market Realist4 days ago

    Analysts’ Views on Crude Tanker Companies before Q2 2018 Results

    In 2015, the crude tanker industry enjoyed one of the highest freight rates in the past seven years. However, 2016 was a little slow as freight rates took a step down from the levels observed in 2015. Although freight rates were still profitable in 2016, the situation was reversed in 2017.

  • GlobeNewswire4 days ago

    FRO - Termination of long term charter-in contracts of three VLCCs

    Front Page, Front Serenade and Front Stratus upon the sale and delivery of the vessels by Ship Finance to an unrelated third party.   Frontline has agreed to a total compensation payment to Ship Finance of $10.125 million for the termination of these charters, which will be paid by Frontline in the form of three promissory notes, and Frontline and FSL will be released from all of their other respective obligations in relation to these vessels.

  • GlobeNewswire14 days ago

    FRO - 2018 Annual General Meeting

    Frontline Ltd (the "Company") advises that the 2018 Annual General Meeting of the Company will be held on September 21, 2018.  The record date for voting at the Annual General Meeting is set to July 23, 2018.  The notice, agenda and associated material will be distributed prior to the meeting. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

  • ACCESSWIRE18 days ago

    Free Research Report as Frontline Reported Better Than Expected Results

    LONDON, UK / ACCESSWIRE / June 29, 2018 / If you want access to our free earnings report on Frontline Ltd (NYSE: FRO), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FRO. The Company reported its first quarter fiscal 2018 operating and financial results on May 31, 2018. The oil tanker Company's revenues declined in the first quarter, due to a spot rate environment which was weak in the reported quarter as inventory draws impacted a freight market that was already suffering from a high fleet growth.

  • GlobeNewswire19 days ago

    FRO - Investment in Feen Marine Scrubbers Inc.

    Frontline Ltd. (the "Company" or "Frontline") (FRO) today announced that it has entered into memorandum of agreement ("MOA") to acquire a 20% ownership interest in Feen Marine Scrubbers Inc., a leading manufacturer of exhaust gas cleaning systems ("FMSI").  Pursuant to the MOA, Frontline and certain entities affiliated with Hemen Holding Ltd, Frontline's largest shareholder, have agreed to order FMSI exhaust gas cleaning systems for 14 vessels, with options to order an additional 22 systems at fixed prices. Robert Hvide Macleod, CEO of Frontline Management said: "The economic case to install scrubbers is very compelling, particularly for larger vessels.

  • GlobeNewswire19 days ago

    FRO - Investment in Feen Marine Scrubbers Inc.

    Frontline Ltd. (the "Company" or "Frontline") (FRO) today announced that it has entered into memorandum of agreement ("MOA") to acquire a 20% ownership interest in Feen Marine Scrubbers Inc., a leading manufacturer of exhaust gas cleaning systems ("FMSI").  Pursuant to the MOA, Frontline and certain entities affiliated with Hemen Holding Ltd, Frontline`s largest shareholder, have agreed to order FMSI exhaust gas cleaning systems for 14 vessels, with options to order an additional 22 systems at fixed prices. Robert Hvide Macleod, CEO of Frontline Management said: "The economic case to install scrubbers is very compelling, particularly for larger vessels.

  • 3 Oil Tanker Stocks That Will Prosper Despite Higher OPEC Quotas
    InvestorPlace27 days ago

    3 Oil Tanker Stocks That Will Prosper Despite Higher OPEC Quotas

    OPEC meetings usually have an effect on oil tanker stocks. This leaves room for other OPEC countries to compensate for the shortfall, making it unlikely the low oil prices seen in 2016 will return. Freight rates fell by 65% in 2017, which decimated tanker stocks.

  • Benzinga29 days ago

    Wells Fargo: OPEC's Production Increase Will Benefit Tanker Stocks

    The tanker group as a whole is "uniquely positioned" to take advantage of a likely increase in oil production and potentially significant IMO 2020 tailwinds, according to Wells Fargo. The Analyst ...

  • ACCESSWIRElast month

    Initiating Free Research Reports on Navios Maritime Acquisition and Three Other Shipping Equities

    Stock Research Monitor: FRO, GLOG, and NMM LONDON, UK / ACCESSWIRE / June 12, 2018 / If you want a free Stock Review on NNA sign up now at www.wallstequities.com/registration . This morning, WallStEquities.com ...

  • Week 22: Evercore Revised Frontline’s Target Price
    Market Realistlast month

    Week 22: Evercore Revised Frontline’s Target Price

    In this part, we’ll discuss analysts’ recommendations for crude tanker companies in week 22, which ended on June 1.

  • Week 22: Crude Tanker Index Fell, Stocks Rose
    Market Realistlast month

    Week 22: Crude Tanker Index Fell, Stocks Rose

    When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 22, which ended on June 1, the BDTI dropped from 781 to 754. In week 21, the index rose by 67 points. The index shows the direction that crude tanker rates are heading. The index has risen ~8% since the beginning of the year.

  • Frontline Ltd Shares Surge on Outlook for Oil Tanker Demand
    InvestorPlace2 months ago

    Frontline Ltd Shares Surge on Outlook for Oil Tanker Demand

    Frontline Ltd positive outlook for the year has to do with the number of VLCC oil tankers that are being scrapped. The company notes that 22 VLCCs have been scrapped already in 2018. Frontline Ltd says that owners of older tonnage are disposing of older vessels at record rates due to high scrap prices and low demand for oil tankers.

  • Why Frontline Ltd.'s Stock Is on Fire Today
    Motley Fool2 months ago

    Why Frontline Ltd.'s Stock Is on Fire Today

    The oil tanker company surprised investors.

  • Frontline’s First-Quarter Earnings and Upside Potential
    Market Realist2 months ago

    Frontline’s First-Quarter Earnings and Upside Potential

    The company achieved a spot TCE (time charter equivalent) of $14,99 per day for VLCCs (very large crude carriers). Teekay Tankers’ (TNK) first-quarter revenue was $88.4 million—12% lower year-over-year. In the first quarter, Frontline took delivery of three newbuilds—one VLCC and two LR2 tankers.

  • GlobeNewswire2 months ago

    FRO - Q1 2018 Presentation

    Please find enclosed the presentation of Frontline Ltd.' s preliminary first quarter 2018 results to be held on the webcast/ conference call 31 May, 2018 at 15:00 CET. This information is subject to the ...

  • Associated Press2 months ago

    Frontline: 1Q Earnings Snapshot

    The Hamilton, Bermuda-based company said it had a loss of 8 cents per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for ...

  • GlobeNewswire2 months ago

    FRO - First Quarter 2018 Results

    Frontline Ltd., today reported unaudited results for the three months ended March 31, 2018: Highlights. Reports net loss attributable to the Company and net loss attributable to the Company adjusted for ...

  • Analysts Estimate a 65% Fall in Frontline’s First-Quarter EBITDA
    Market Realist2 months ago

    Analysts Estimate a 65% Fall in Frontline’s First-Quarter EBITDA

    As we saw in the previous part of this series, analysts expect a 30% YoY (year-over-year) fall in Frontline’s (FRO) first-quarter revenues. In this part of the series, we’ll see what analysts expect for Frontline’s EBITDA for the first quarter and for the fiscal year.

  • DNB Market Raised Frontline’s Target Price
    Market Realist2 months ago

    DNB Market Raised Frontline’s Target Price

    We’ve already looked at what analysts expect for Frontline’s (FRO) revenues and EBITDA. Now, let’s look at what analysts recommend for Frontline and its peers.

  • Analysts Expect Frontline’s First-Quarter Revenue to Fall 30%
    Market Realist2 months ago

    Analysts Expect Frontline’s First-Quarter Revenue to Fall 30%

    Wall Street analysts estimate net revenues of $85.2 million for Frontline (FRO) in the first quarter. A sequential fall from $178.5 million in the previous quarter and a 30% fall from $121.9 million in the first quarter of 2017.

  • Crude Tanker Index Rose by 57 Points in Week 20
    Market Realist2 months ago

    Crude Tanker Index Rose by 57 Points in Week 20

    When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 20, which ended on May 18, the BDTI rose from 657 to 714. In week 19, the index rose by seven points. The index shows the direction that crude tanker rates are heading. The index has risen ~2.0% since the beginning of the year.

  • GlobeNewswire2 months ago

    FRO - Invitation to Q1 2018 Results Conference Call and Webcast

    Frontline Ltd.' s preliminary first quarter 2018 results will be released on Thursday May 31 2018 and a webcast and conference call will be held at 3:00 p.m. CET. The results presentation will be available ...

  • Week 19: Crude Tanker Industry Update
    Market Realist2 months ago

    Week 19: Crude Tanker Industry Update

    When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 19, which ended on May 11, the BDTI rose to 657 from 650. In week 18, the index dropped by five points. The index shows the direction that crude tanker rates are heading. The index has fallen ~6.0% since the beginning of the year.

  • Week 17: Target Price Revisions
    Market Realist2 months ago

    Week 17: Target Price Revisions

    In this part, we’ll discuss analysts’ revisions for crude tanker companies in week 17—the week ending April 27.