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FRO News and Press, Frontline Ltd. From 01/13/24

Stock Information

Company Name: Frontline Ltd.
Stock Symbol: FRO
Market: NYSE
Website: frontline.bm

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FRO - Frontline: Still A Buy At The High Price

2024-01-13 05:14:51 ET Summary The Red Sea crisis and China's growing demand for crude oil are strong tailwinds for crude oil tankers. Frontline remains one of the best ways to bet on that theme. FRO's 3Q23 results were disappointing, but the rise of day rates for Aframax and Suez...

FRO - FRO - Sale of its five oldest VLCCs

Frontline plc (the “Company” or “Frontline”) (NYSE: FRO – OSE: FRO) today announced that it has entered into an agreement whereby the Company will sell its five oldest VLCCs, built in 2009 and 2010, for an aggregate net sale price of $290 million. The vessels ar...

FRO - Oil tankers rally after U.S.-led airstrikes on Yemen, raising risk of wider conflict

2024-01-12 07:42:40 ET More on Scorpio Tankers, Frontline Scorpio Tankers Should Benefit From Rising Dayrates J Mintzmyer's Two Favorite Tankers Frontline: Trading At Large Premium To Fleet Value For further details see: Oil tankers rally after U.S.-led a...

FRO - Surging freight rates mean U.S. crude no longer competitive in Asia

2024-01-10 11:44:19 ET More on Frontline Frontline: Trading At Large Premium To Fleet Value Frontline And Euronav Deal: Good Deal For Frontline, But Both Are Above Their Fair Value Frontline: Industrial Demand Confirms The Potential Upside For further details...

FRO - Frontline raised to Buy at Deutsche Bank on tanker asset price appreciation

2024-01-09 15:28:51 ET More on Frontline Frontline: Trading At Large Premium To Fleet Value Frontline And Euronav Deal: Good Deal For Frontline, But Both Are Above Their Fair Value Frontline: Industrial Demand Confirms The Potential Upside For further details...

FRO - Maersk denies making deal with Houthis to avoid attacks on shipping

2024-01-08 09:53:51 ET More on A.P. Møller Maersk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller Maersk Q3 2023 Earnings Call Transcript A.P. Møller Maersk Q3 2023 Results - Earnings Call Presentation For further...

FRO - Oil prices lifted by Middle East tensions, outweighing demand concerns for now

2024-01-05 19:30:40 ET More on crude oil and energy stocks Reasons To Be Bullish About Oil In 2024 USO: More Upside Than Downside XLE: Short-Term Bear, Long-Term Bull For further details see: Oil prices lifted by Middle East tensions, outweighing demand c...

FRO - GEOS, XPRO among major energy gainers; BROG, SND among losers

2024-01-05 14:01:34 ET More on Energy Select Sector SPDR ETF Reasons To Be Bullish About Oil In 2024 XLE: Short-Term Bear, Long-Term Bull XOP And XLE: Heavy "Put Buying" Bullish For Oil Stocks (Rating Upgrade) Investors pump $57B into money market funds on th...

FRO - Maersk to divert ships away from Red Sea route 'for the foreseeable future'

2024-01-05 08:48:56 ET More on A.P. Møller Mærsk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller Mærsk Q3 2023 Earnings Call Transcript A.P. Møller Mærsk Q3 2023 Results - Earnings Call Presentation ...

FRO - Nordic American Tankers - Prime Beneficiary Of Red Sea Chaos - Buy

2024-01-02 13:32:16 ET Summary While Nordic American Tankers reported seasonally weaker Q3 results, the company is expected to have finished 2023 on a high note. Q1 results could be even stronger with the addition of another Suezmax tanker and increased spot market exposure. W...

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