FRO News and Press, Frontline Ltd. From 02/17/22

Frontline (FRO +7.0%) is trading up after reporting 22.1% Y/Y higher operating revenues of $213.5M for Q421 and a net income of $19.8M (vs net loss of $9.2M in Q420) Adjusted net loss was $4.8M (vs -$20.2M in Q420). Frontline reporting a larger than expected Q3 net loss and revenues, citing "...

Please find enclosed the presentation of Frontline Ltd.’s fourth quarter 2021 results to be held on the webcast / conference call 17 February, 2022 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities ...

Value Investor's Edge Live continues with our latest episode focused on the oil and product tanker sectors in shipping. We reviewed the crude tanker and product tanker markets and INSW specific prospects into a likely recovery by late-2022. Discussion of capital allocation priorit...

Frontline press release (NYSE:FRO): Q4 Non-GAAP EPS of -$0.02. Revenue of $213.5M (+22.1% Y/Y). Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the fourth quarter of 2021 were $16,500, $14,200 and $13,900 per day, respectively. For the first quarter of 2022, we estimate spot ...

FRONTLINE LTD. REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2021 Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three and twelve months ended December 31, 2021: Highlights ...

SFL reported a quarterly income of $0.63 per diluted share compared to a loss of $1.49 per diluted share the same quarter a year ago. The Board of Directors has declared a quarterly cash dividend of $0.20 per share. I recommend selling about 25% of your position between $9.65 and ...

Frontline (NYSE:FRO) is scheduled to announce Q4 earnings results on Thursday, February 17th, before market open. The consensus EPS Estimate is -$0.01 (+90.0% Y/Y) and the consensus Revenue Estimate is $108.7M (-37.9% Y/Y). Over the last 2 years, FRO has beaten EPS estimates 25% of the time a...

Frontline Ltd.’s preliminary fourth quarter 2021 results will be released on Thursday February 17 2022, 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 s...

Best balance sheet amongst their peers should ensure survival in a bad market. Fleet is modern and well positioned for a recovery. Risks are associated with uncertainty as to when the recovery comes. For further details see: DHT Holdings: The Best House In A Bad Neighbor...

Spot market for crude oil tankers offers negative return. Frontline has transferred some of its short-term debt into long-term debt. Supply of vessels and demand for transportation need to improve and there are many variables which presently lack clarity. For further details...