FRO News and Press, Frontline Ltd. From 05/01/20

Low oil prices are hurting oil production companies, many of which are spending more to pump oil than they are getting for it. They're also likely to hurt alternative fuel companies, which are less attractive when gasoline is cheap. So, when oil prices are this low, does  anyone  win?&...

Editors' Note: This is the transcript of the podcast we posted yesterday. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the podcast, embedded below, if you need any clarification. We hope you enjoy. J Mintzmyer : ...

Listen to or subscribe to The Investing Edge on these podcast platforms: Apple Podcasts Spotify Google Play Stitcher Seeking Alpha J Mintzmyer spoke with Frontline's ( FRO ) CEO Robert Hvide Macleod last week on Value Investor's Edge about how the...

Like a globe-spanning seesaw, oil prices went up today, and oil tanker stocks went down. The moves are basically the opposite of what we saw on Monday. As of 11:20 a.m. EDT, shares of Frontline Ltd. (NYSE: FRO) are down 9.5%, Tsakos Energy Navigation (NYSE: TNP) is down 15.1%, and Nordi...

Oil tanker stocks continue to rally on expectations for higher rates due to demand for offshore storage of oil: NAT +15.4% , TK +4.7% , STNG +2.8% , FRO +2.1% , TNK +1.8% . More news on: Nordic American Tankers Limited, Teekay Corporation, Scorpio Tankers Inc., Energy stocks...

Note: I have covered Performance Shipping (NASDAQ: PSHG - formerly DCIX ) previously, so investors should view this as an update to my earlier articles on the company. Two months ago, I provided an update on Performance Shipping, a small Greece-based company currently transfo...

Tanker stocks are rallying, as WTI crude oil plunges again amid pressure from a huge glut: NAT +16.5% , TNP +11.2% , TK +8.9% , FRO +7.7% , ASC +7.3% , DHT +7.2% , TNK +7.1% , EURN +6.7% , DSSI +6.1% , STNG +4.8% . More news on: Nordic American Tankers Limited...

For the first time in history, oil prices have gone into negative . Coronavirus has halted the world and oil barrens have become the latest victim of the pandemic. Over the last 150 years, oil has been the most sought-after commodity. Now, negative oil prices effectively mean oil owners are...

Introduction We can try to speculate what happened in the crude oil futures market Monday, April 20, but Goldman Sachs (GS) did it for us . To summarize, Roger Diwan of IHS Markit said: Speculators found themselves unable to resell the WTI contract, and have no storage booked to get del...

The contango condition in crude oil markets is rapidly changing and has had a bullish effect on the shares of Frontline ( FRO ) so far. Can investors and traders expect to see a per-share price increase as the contango has widened and land-based storage fills? Based on the company's fleet, is ...