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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Frontline Ltd.    FRO   BMG3682E1921

FRONTLINE LTD.

(FRO)
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Frontline : oil tanker struck by torpedo off UAE coast - Tradewinds

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06/13/2019 | 03:13am EDT

OSLO (Reuters) - An oil tanker owned by Norway's Frontline has been struck by a torpedo off the coast of Fujairah in the United Arab Emirates, shipping newspaper Tradewinds reported on Thursday, citing unnamed industry sources.

Frontline was not immediately available for comment.

The United Kingdom Maritime Trade Operations, which is part of the Royal Navy, had said on Thursday it was aware of an incident in the Gulf of Oman, near the Iranian coast.

(Reporting by Terje Solsvik; Editing by Edmund Blair)

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Financials ($)
Sales 2019 480 M
EBIT 2019 195 M
Net income 2019 93,4 M
Debt 2019 1 702 M
Yield 2019 2,26%
P/E ratio 2019 15,46
P/E ratio 2020 4,36
EV / Sales 2019 6,51x
EV / Sales 2020 4,32x
Capitalization 1 425 M
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 9,44 $
Spread / Average Target 12%
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Managers
NameTitle
John Fredriksen Chairman, President & Chief Executive Officer
Inger Marie Klemp Principal Financial Officer
Olav Eikrem Technical Director
Ola Lorentzon Director
Robert Hvide MacLeod Director
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