FRO News and Press, Frontline Ltd. From 05/13/20

Our third interview in this "Opportunities In Tankers" series is with J Mintzmyer. J has been following the industry for nearly 12 years and has hosted exclusive research on Value Investor's Edge for five years. He is a well-known voice in the shipping industry, often cited in trade publicat...

Randy Giveans, a shipping analysts for Jefferies was quoted about recent market actions, saying it was "the craziest price action I've seen in my nine years covering the space." He was speaking about DHT Holdings ( DHT ) and Scorpio Tankers ( STNG ) prices after earnings reports to Greg Mill...

Key Takeaway OPEC’s strategic move to increase production from 9.7 million bpd to 10-11 million bpd in April led oil price to plummet. With the oil demand already hit by COVID-19, the glut soared to historically high levels leading the forward curve into contango. This confluence...

I will start with a simple statement. If you are not willing to take delivery, you should not be long oil futures right now, because storage constraints are what it is all about. Oil futures prices went negative last month because people realized this, and it is still as much of a problem as e...

Listen to or subscribe to The Investing Edge on these podcast platforms: Apple Podcasts Spotify Google Play Stitcher Seeking Alpha By Daniel Shvartsman In the most ambitious crossover event in Seeking Alpha podcast history, we turn the tables. J ...

I basically stayed up one night reviewing options prices on natural gas producers and oil tankers and moved something like $30k into that on top of around $10k I already put in. My market puts have only lost me money, and I've only ever lost money in options. That said, I'm sticking to my ...

Tanker shares post broad losses as rates continue to fall sharply with oil prices rebounding, prompting a reversal of bullish sentiment and a new question from Hellenic Shipping News :  Will tanker stocks crash as fast as they soared? More news on: Nordic American Tankers Limited, ...

North American Tankers (NYSE: NAT ) is downgraded to Underperform from In-Line with a $4 price target at Evercore ISI, which expects the stock's recent run-up on soaring tanker rates to reverse as oil prices begin to recover amid a return of some semblance of demand. More news on: Nordic...

Navios Maritime Acquisition (NNA) is the tanker arm of the Navios Group, which controls ~200 vessels, of which 46 are controlled by NNA (13 VLCCs, 10 LR1s, 18 MR2s, 3 MR1s and 2 Chemical Tankers). These include the five vessels added to NNA's Fleet in December 2019 following the liquidation of...

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?&...