|Bid||0.00 x 4000|
|Ask||0.00 x 3100|
|Day's Range||5.56 - 5.64|
|52 Week Range||3.79 - 6.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.10|
Frontline Ltd. ("Frontline" or the "Company") announces that Ulrika Laurin and James O'Shaughnessy have in a board meeting after the AGM today been elected as new board members in the Company to fill vacancies on the Board. Ulrika Laurin has been the Executive Chairman of ship-owning company Anglo-Atlantic Steamship Co. Ltd. and the Chairman of Laurin Shipping AB, an international ship-management company.
Frontline Ltd. advises that the 2018 Annual General Meeting of the Shareholders of the Company was held on September 21, 2018 at 10:00 ADT at the Hamilton Princess Hotel and Beach Club, 76 Pitts Bay Road, ...
NEW YORK, Sept. 11, 2018-- Capital Link’ s 11th Annual Shipping & Marine Services Forum will take place on Tuesday, September 25, 2018 at The Royal Society in London.. It is organized in partnership with ...
Please find enclosed the presentation of Frontline Ltd.' s second quarter 2018 results to be held on the webcast/ conference call 22 August, 2018 at 15:00 CET.
Frontline (FRO) delivered earnings and revenue surprises of 23.81% and 24.12%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / August 22, 2018 / Frontline Ltd. (NYSE: FRO ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 22, 2018 at 9:00 AM Eastern Time. To listen ...
The Hamilton, Bermuda-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring gains, were 16 cents per share. The results beat Wall Street expectations. The average estimate ...
Frontline Ltd., today reported unaudited results for the three and six months ended June 30, 2018:. Net loss attributable to the Company for the second quarter of 2018 of $22.9 million, or $0.13 per share ...
Frontline Ltd.' s preliminary second quarter 2018 results will be released on Wednesday August 22 2018 and a webcast and conference call will be held at 3:00 p.m. CET. The results presentation will be ...
Investors need to pay close attention to Frontline (FRO) stock based on the movements in the options market lately.
Frontline Ltd. announces that its 2018 Annual General Meeting will be held on September 21, 2018. A copy of the Notice of Annual General Meeting and associated information including the Company's Annual ...
As renewed Iran-focused, energy-related sanctions come into place in November, the major question for investors is how the energy sector stands to win. This week Swiss-based Trafigura Pte, one of the largest crude oil traders in the world, submitted plans to build the first deep water crude oil export terminal in Corpus Christi, Texas, to allow crude oil super tankers, Very Large Crude Carriers (VLCC), to load crude at the port reducing costs and inefficiencies.
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. Index (PMI) data, output in the Industrials sector is rising.
In week 30, the week ending July 27, Evercore downgraded one crude tanker company and revised other companies’ target prices.
We have analyzed the weekly U.S. crude production figures reported by the Energy Information Administration, which have averaged an all-time record 11 million barrels a day for the past two weeks -- a 16% boom since early January. As a result we are building a bullish view on midstream infrastructure investments. To date, the U.S. has passed Russia to become the largest crude oil producer in the world, and the future is even brighter for the U.S. oil industry as the shale sector as a whole is on track to achieve positive free cash flow in 2018, according to the International Energy Agency.
When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 30, the week ending July 27, the BDTI rose to 759 from 723. The BDTI has risen ~8.4% in 2018. Investors should compare the BDTI’s YoY (year-over-year) performance because the industry is seasonal. At the same time last year, the index was 16% higher at ~648. In week 30, the BDTI fell by 21 points.
China released its June auto sales data on July 11. In June, China’s automobile sales rose 4.8% YoY (year-over-year) to 2.27 million. In May, China’s vehicle sales rose 9.6%, while its sales in April rose 11.5%. China’s automobile sales rebounded steadily after they fell more than 11% in February. Automobile sales are a key indicator for assessing China’s economic (FXI) health.
China released its trade data on July 13. In dollar terms, China’s (FXI) exports rose 11.3% YoY (year-over-year). The data were slightly better than analysts’ expectations. However, the import growth slowed down to 14.1% in June—compared to 26% in May. China’s June import growth was way below the markets’ expectations.
The BDTI (Baltic Dirty Tanker Index), which shows where crude tanker rates are heading, can be used to assess the crude tanker industry. In week 29 (week ending July 20), the BDTI fell from 744 to 723. The BDTI has risen ~3.3% in 2018. Investors should compare the BDTI’s YoY (year-over-year) performance because the industry is seasonal. At the same time last year, the index was 11.56% higher at ~645. In week 28, the BDTI rose by 23 points.
Frontline Ltd. (FRO) ("Frontline" or the "Company") today announced the Company entered into an Equity Distribution Agreement dated July 24, 2018, with Morgan Stanley & Co. LLC ("Morgan Stanley") for the offer and sale of up to $100.0 million of common shares of Frontline. In accordance with the terms of the Equity Distribution Agreement, the Company may offer and sell its common shares at any time and from time to time through Morgan Stanley as its sales agent.