Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

FRONTLINE LTD.

(FRO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Frontline Ltd. Announces Acquisition of Two VLCCs

06/28/2021 | 04:30pm EDT

Frontline Ltd. announced that it has entered into an agreement to acquire two scrubber fitted, latest generation ECO-type VLCCs built in 2019 at Hyundai Heavy Industries (“HHI”) shipyard in South Korea for a total of $180.0 million. The vessels are scheduled to deliver during fourth quarter of 2021. Frontline intends to meet the financing of this acquisition with existing borrowing facilities and establish long term financing closer to delivery of the vessels.


ę S&P Capital IQ 2021
All news about FRONTLINE LTD.
09/17FRONTLINE : Avance Gas Holding Ltd - Disclosure of Large Shareholding
AQ
09/09FRONTLINE : Pareto Securities Upgrades Frontline from Hold to Buy, Adjusts PT to $10.28 Fr..
MT
09/09WALL STREET STOCK EXCHANGE : A step closer to tapering
09/09ANALYST RECOMMENDATIONS : Boohoo, Boston Beer, Cisco Systems, Eversource, Frontline...
09/06FRONTLINE : FRO - Notification of trade
AQ
09/01TITLE : Principal Financial Officer (Form 6-K)
PU
09/01FRONTLINE : Thinking about buying stock in Powerbridge Technologies, Mogo, Frontline, Tatt..
PR
08/26SECTOR UPDATE : Energy Stocks Trade Lower Pre-Bell Thursday
MT
08/26FRO – Q2 2021 Presentation
GL
08/26FRONTLINE : Q2 Earnings Snapshot
AQ
More news
Analyst Recommendations on FRONTLINE LTD.
More recommendations
Financials (USD)
Sales 2021 392 M - -
Net income 2021 -17,0 M - -
Net Debt 2021 2 256 M - -
P/E ratio 2021 -51,7x
Yield 2021 0,52%
Capitalization 1 537 M 1 537 M -
EV / Sales 2021 9,67x
EV / Sales 2022 5,34x
Nbr of Employees 84
Free-Float 49,1%
Chart FRONTLINE LTD.
Duration : Period :
Frontline Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FRONTLINE LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 7,76 $
Average target price 8,02 $
Spread / Average Target 3,35%
EPS Revisions
Managers and Directors
Lars H. Barstad Chief Executive Officer
John Fredriksen Chairman & President
Inger Marie Klemp Chief Financial Officer
Ola Lorentzon Independent Director
James O'Shaughnessy Independent Director
Sector and Competitors
1st jan.Capi. (M$)
FRONTLINE LTD.24.76%1 537
ENBRIDGE INC.23.51%79 486
TC ENERGY CORPORATION18.45%47 202
ENTERPRISE PRODUCTS PARTNERS L.P.9.39%47 029
KINDER MORGAN, INC.15.44%35 766
THE WILLIAMS COMPANIES, INC.23.24%30 022