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FRO / Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market

Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market
Frontline plc recently acquired 24 VLCCs from Euronav in a complex deal, increasing its fleet capacity by 57%. The acquired vessels are young and eco-friendly, with 9 out of 24 equipped with scrubbers. Frontline's earnings and free cash flow per share are expected to be highly accretive, but the company's success is dependent on VLCC rates and market conditions. Read More
Posted: Nov 1 2023, 16:29
Author Name: Seeking Alpha
Views: 112220

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Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market

By Seeking Alpha
November 1, 2023

Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market

Frontline plc recently acquired 24 VLCCs from Euronav in a complex deal, increasing its fleet capacity by 57%. The acquired vessels are young and eco- more_horizontal

Frontline (FRO) Surpasses Market Returns: Some Facts Worth Knowing

By Zacks Investment Research
October 31, 2023

Frontline (FRO) Surpasses Market Returns: Some Facts Worth Knowing

Frontline (FRO) reachead $22.25 at the closing of the latest trading day, reflecting a +1.83% change compared to its last close. more_horizontal

Is Frontline (FRO) a Solid Growth Stock? 3 Reasons to Think

By Zacks Investment Research
October 31, 2023

Is Frontline (FRO) a Solid Growth Stock? 3 Reasons to Think "Yes"

Frontline (FRO) possesses solid growth attributes, which could help it handily outperform the market. more_horizontal

Frontline: An Enticing Tanker Stock With Generous Dividend Yields

By Seeking Alpha
October 24, 2023

Frontline: An Enticing Tanker Stock With Generous Dividend Yields

After acquiring 24 Euronav vessels, Frontline owns the youngest and the largest VLCC fleet. For the last few years, Frontline has improved its solvenc more_horizontal

This Oil Shipping Player Stands Out Amid Sudden Mideast Shock

By Investors Business Daily
October 9, 2023

This Oil Shipping Player Stands Out Amid Sudden Mideast Shock

Amid sudden geopolitical tension in the Middle East, oil transportation player Frontline has gapped up above an alternative buy point. more_horizontal

Strength Seen in Frontline (FRO): Can Its 7.7% Jump Turn into More Strength?

By Zacks Investment Research
October 6, 2023

Strength Seen in Frontline (FRO): Can Its 7.7% Jump Turn into More Strength?

Frontline (FRO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the more_horizontal

Frontline: Spot Rates Have Been Volatile

By Seeking Alpha
September 26, 2023

Frontline: Spot Rates Have Been Volatile

Frontline reported strong Q2 results helped by high spot TCE rates. Since quarter end, spot rates have been on a rollercoaster ride. Spot rates could more_horizontal

Frontline (FRO) is an Incredible Growth Stock: 3 Reasons Why

By Zacks Investment Research
August 30, 2023

Frontline (FRO) is an Incredible Growth Stock: 3 Reasons Why

Frontline (FRO) could produce exceptional returns because of its solid growth attributes. more_horizontal


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