FRO News and Press, Frontline Ltd. From 02/18/21

[[B]], [[BCPC]], [[DE]], [[DTE]], [[ESNT]], [[FRO]], [[ITT]], [[MGA]], [[POR]], [[SHLX]], [[SRC]]For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Friday's open

Operating revenues were $114.91 million compared to $119.88 million the same quarter a year ago and down 0.7% sequentially. The Company also recorded a gross non-cash impairment of $252.6 million on the drilling rig West Taurus in the fourth quarter. SFL should be accumulated belo...

Frontline Ltd.’s preliminary fourth quarter 2020 results will be released on Friday February 19 2020, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations sec...

SAILING INTO RECOVERY Complimentary Registration 2 Days – 21 Virtual Sessions – 82 speakers – 45 shipping companies NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Capital Link will be hosting its 15th Annual International Shipping Forum as a Digit...

Crude oil tanker stocks have been stuck for nearly a decade due to chronically low oil freight rates. Last year saw a massive spike in rates due to a one-off need for floating storage which has now passed. Oil freight rates are modestly low today as low oil production and demand h...

Shares at multi-year lows after the company's material exposure to ailing offshore driller Seadrill required the second dividend cut in 2020. Discussing potential impact from the upcoming Seadrill restructuring. Remaining fleet continues to generate solid cash flows. Strong contai...

The outlook for oil tankers starts the new year in rough waters, as a plunge in the volume of crude oil stored on ships has combined with unexpected cuts from Saudi Arabia to create a glut of vessels available for hire, Reuters reports.Dayrates for very large crude carriers in 2020 topped out...

Gasoline and crude oil inventories remain bloated worldwide, hurting the demand and pricing of tanker services. TORM is well-run, has a clean balance sheet, and holds pent-up value for investors. An economic recovery, with rising energy demand, during 2021-22 should increase day r...

The company reported its third quarter results on November 25, 2020. Total operating revenues of $247.41 million fell short of expectation and was down 36.1% sequentially. I may eventually buy FRO below $6. For further details see: Front Line: Some Uncertainty

Oil tanker company Frontline (NYSE: FRO) had a forgettable 2020 with shares falling 41.5%, according to data provided by S&P Global Market Intelligence , as oil markets fell apart. 2021 could be better, but there's still a lot of uncertainty facing the oil tanker industry. ...