FRO News and Press, Frontline Ltd. From 11/01/23

2023-11-01 16:29:03 ET Summary Frontline plc recently acquired 24 VLCCs from Euronav in a complex deal, increasing its fleet capacity by 57%. The acquired vessels are young and eco-friendly, with 9 out of 24 equipped with scrubbers. Frontline's earnings and free cash flow per ...

2023-10-30 20:33:29 ET Summary The Tanker industry has seen a resurgence in recent months due to geopolitical events and rising oil prices. Euronav NV has a takeover bid from its largest shareholder, CMB. Frontline plc is acquiring 24 VLCCs from Euronav NV and is poised to ben...

Shares of Frontline Ltd. (NYSE: FRO) traded at a new 52-week high today and are currently trading at $22.14. So far today, approximately 474.25k shares have been exchanged, as compared to an average 30-day volume of 3.5M shares. Frontline Ltd., a shipping company, engages in the seaborne tran...

2023-10-30 08:36:07 ET More on Markets Morgan Stanley’s Mike Wilson expects stock slide before the end of the year BMO Capital Markets lists Chevron, Pfizer among oversold high dividend-yielding stocks Cathie Wood: Widespread layoffs coming; expect more invest...

2023-10-26 15:56:26 ET More on Teekay Tankers and Nordic American Tankers Teekay Tankers: Still-High Tanker Rates, Debt Repayments, Bullish Price Consolidation Teekay Tankers: Up To 45% FCF Yield Nordic American Tankers: Seasonality Likely To Result In Lower Q3 Divid...

2023-10-26 03:11:58 ET Summary Ardmore is the cheapest product tanker stock and is currently lagging behind its peers. Improved shareholder returns are expected in the near future, which could help close the valuation gap. Best tanker market in the last decade. Editor's ...

Shares of Frontline Ltd. (NYSE: FRO) traded at a new 52-week high today and are currently trading at $21.5. So far today, approximately 638.09k shares have been exchanged, as compared to an average 30-day volume of 3.51M shares. Frontline Ltd., a shipping company, engages in the seaborne tran...

2023-10-24 06:52:19 ET Summary After acquiring 24 Euronav vessels, Frontline owns the youngest and the largest VLCC fleet. For the last few years, Frontline has improved its solvency and liquidity. The company's profitability is average, although I expect it to improve due to impr...

Shares of Frontline Ltd. (NYSE: FRO) traded at a new 52-week high today and are currently trading at $18.91. So far today, approximately 2.79M shares have been exchanged, as compared to an average 30-day volume of 3.36M shares. Frontline Ltd., a shipping company, engages in the seaborne trans...

2023-10-09 07:39:08 ET More on Frontline and Euronav Frontline: Spot Rates Have Been Volatile Euronav: The Modern Fleet Advantage In A Competitive Landscape Euronav's Solid Financials Coupled With Upside Potential Market Outlook Lead To A Bright Future For fu...