View ValuationFrontline 향후 성장Future 기준 점검 0/6Frontline 의 수익과 수익은 각각 연간 16.4% 및 10.6% 감소할 것으로 예상됩니다 while EPS는 연간 13.6% 만큼 쇠퇴할 것으로 예상됩니다.핵심 정보-10.6%이익 성장률-13.63%EPS 성장률Oil and Gas 이익 성장7.7%매출 성장률-16.4%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트22 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Mar 28Frontline plc Announces Resignation of Director Richard C. PrinceFrontline plc announced that Mr. Richard C. Prince has resigned as Director of the Company.공시 • Jan 05+ 5 more updatesFrontline plc to Report Q4, 2026 Results on Feb 26, 2027Frontline plc announced that they will report Q4, 2026 results on Feb 26, 2027공시 • Dec 09Frontline plc Approves to Elect Richard C. Prince as DirectorFrontline plc at 2025 Annual General Meeting held on 8 December 2025 approved to elect Richard C. Prince as a Director of the Company.공시 • Feb 28Frontline plc Declares Dividend for the Fourth Quarter of 2024Frontline plc declared a cash dividend of $0.20 per share for the fourth quarter of 2024.공시 • Jan 02+ 5 more updatesFrontline plc to Report Q4, 2025 Results on Feb 27, 2026Frontline plc announced that they will report Q4, 2025 results on Feb 27, 2026공시 • Dec 13Frontline plc Approves the Election of DirectorsFrontline plc advised that the 2024 Annual General Meeting of the Shareholders of the Company was held on 12 December 2024. The shareholders approved the election of Ørjan Svanevik and Dr. Maria Papakokkinou as a Director of the Company.공시 • Nov 28Frontline plc Declares Dividend for the Third Quarter of 2024, Payable on or About December 31, 2024The Board of Directors of Frontline plc declared a dividend of $0.34 per share for the third quarter of 2024. The record date for the dividend will be December 11, 2024, the ex-dividend date is expected to be December 11, 2024, for shares listed on the New York Stock Exchange and December 10, 2024, for shares listed on the Oslo Stock Exchange, and the dividend is scheduled to be paid on or about December 31, 2024.공시 • Sep 05Frontline plc Announces the Resignation of Marios Demetriades as DirectorFrontline plc announced that Mr. Marios Demetriades has resigned as Director of the Company.공시 • Feb 29Frontline plc Announces Dividend for the Fourth Quarter of 2023, Payable on or About 27 March, 2024Frontline plc announced dividend of $0.37 per share for the fourth quarter of 2023. Ex-date is 14 March, 2024. Record date is 15 March, 2024. Payment date is on or about 27 March, 2024.공시 • Dec 13Frontline plc Elects Cato Stonex as A DirectorFrontline plc at its AGM held on December 12, 2023, elected Cato Stonex as a Director of the Company.Upcoming Dividend • Dec 07Upcoming dividend of US$0.30 per share at 6.4% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 74% and the cash payout ratio is 82%. Trailing yield: 6.4%. Lower than top quartile of Mexican dividend payers (6.8%). Lower than average of industry peers (37%).Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: US$0.48 (vs US$0.69 in 3Q 2022)Third quarter 2023 results: EPS: US$0.48 (down from US$0.69 in 3Q 2022). Revenue: US$377.5m (down 1.2% from 3Q 2022). Net income: US$107.7m (down 30% from 3Q 2022). Profit margin: 28% (down from 40% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in South America.공시 • Nov 30Frontline plc Announces Dividend for the Third Quarter, 2023, Payable on or About 29 December, 2023Frontline plc announced dividend of USD 0.30 per share for the third quarter of 2023, Payment date: On or about 29 December, 2023. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about 3 January, 2024. Record date is 15 December, 2023. Ex-date is 14 December, 2023. Last day including right: 13 December, 2023. Date of approval: 29 November, 2023.Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to Mex$379, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$654 per share.공시 • Nov 24CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).CMB NV entered into an agreement to acquire additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) for $1 billion on October 9, 2023. The aggregate amount of the purchase price for the sale shares is equal to $1.059 billion at $18.43 per share for 57,479,744 shares. On the date of this Agreement, CMB and its Affiliates directly own an aggregate amount of 50,450,000 Shares and Frontline and Famatown directly own an aggregate amount of 57,479,744 Shares. The purchase price shall be allocated between the Sellers as follows: (i) an amount of $251,838,818 due to Frontline as consideration for the Frontline Shares; and (ii) an amount of $807,512,864 due to Famatown as consideration for the Famatown Shares. Following its acquisition of Euronav shares from Frontline, CMB will own 49.05% of the Company’s issued shares. Euronav holds 8.23% of its shares in treasury. The Share Sale will trigger the requirement for CMB to launch a mandatory takeover offer on all shares of Euronav, at the same price as the Share Sale. Accordingly, all shareholders of Euronav will have the opportunity to sell their shares for the same price at which Frontline will have sold its shares to CMB. In a related transaction, Frontline will acquire 24 VLCC tankers from the Euronav fleet for $2.35 billion. The Related Party Transactions are conditional upon completion of the Share Sale. In addition, the Fleet Sale and the Share Sale are conditional upon, inter alia, the obtaining of regulatory approvals. The completion of the Share Purchase is subject to merger control approvals and approval by Euronav’s shareholders’ meeting of the conditionality of the Vessel Sale on the completion of the Share Purchase. Completion of the Share Purchase expected in Q4, 2023. As of October 20, 2023, CMB NV invites its shareholders to participate to the Special General Meeting to be held on November 21, 2023. All conditions pursuant to transaction fulfilled including approval by the shareholders of Euronav and anti-trust approvals.DNB Markets, a part of DNB Bank ASA is serving as financial advisor to Frontline. Advokatfirmaet Schjødt AS, Advokatfirmaet Wiersholm AS and Allen & Overy LLP are serving as legal counsel to Frontline in connection with the Acquisition. Computershare Trust Company N.A as transfer agent for its ordinary shares in the United States. Lazard BV/SRL acted as financial advisor to Euronav. CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) on November 22, 2023.공시 • Oct 11CMB NV entered into an agreement to acquire additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) for $1 billion.CMB NV entered into an agreement to acquire additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) for $1 billion on October 9, 2023. As per the terms of the transaction, the offer price per share is $18.43 for 57,479,744 shares. Following its acquisition of Euronav shares from Frontline, CMB will own 49.05% of the Company’s issued shares. Euronav holds 8.23% of its shares in treasury. The Share Sale will trigger the requirement for CMB to launch a mandatory takeover offer on all shares of Euronav, at the same price as the Share Sale. Accordingly, all shareholders of Euronav will have the opportunity to sell their shares for the same price at which Frontline will have sold its shares to CMB. In a related transaction, Frontline will acquire 24 VLCC tankers from the Euronav fleet for $2.35 billion. The Related Party Transactions are conditional upon completion of the Share Sale. In addition, the Fleet Sale and the Share Sale are conditional upon, inter alia, the obtaining of regulatory approvals. The completion of the Share Purchase is subject to merger control approvals and approval by Euronav’s shareholders’ meeting of the conditionality of the Vessel Sale on the completion of the Share Purchase. Completion of the Share Purchase expected in Q4, 2023.공시 • Oct 06Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% StakeEuronav NV (ENXTBR:EURN) shareholder CMB NV is offering to acquire Frontline plc (NYSE:FRO)’s 26.12% stake in the company for $18.43 per share, which will be followed by a mandatory public offer at the same price, Euronav said in statement. Shares of oil tanker company Euronav jumped around 18% as trading reopened at 1330 GMT. Shares were suspended earlier in the day after spiking on media reports about the company going private. Shares traded at a EUR 14.57 ($15.34) prior to the suspension. The proposed transaction would also involve peer and shareholder Frontline acquiring 24 VLCC tankers from the Euronav fleet for $2.35 billion, Euronav said. “The discussions between the parties are well advanced. However, there can be no certainty that these discussions will lead to an agreement.” The successful completion of the deal would end the arbitration action initiated against Frontline by Euronav in response to the Oslo-traded company’s decision to scrap a $4.2 billion planned merger between both companies, which would have created the world’s largest publicly listed tanker company.공시 • Aug 25Frontline plc Announces Dividend for the Second Quarter of 2023, Payable on or About September 29, 2023Frontline plc announced dividend of USD 0.80 per share for the second quarter of 2023, payable on or about September 29, 2023. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about October 3, 2023. Record date is September 15, 2023. Ex-date is September 14, 2023. Last day including right is September 13, 2023. Date of approval is August 23, 2023.공시 • Jun 25Frontline plc(NYSE:FRO) dropped from Russell 2000 Dynamic IndexFrontline plc(NYSE:FRO) dropped from Russell 2000 Dynamic Index공시 • Jun 01Frontline plc Declares Cash Dividend for the First Quarter of 2023, Payment Date Is on or About 30 June, 2023Frontline plc declared cash dividend of $0.70 per share for the first quarter of 2023. Ex-date is 15 June, 2023. Record date is 16 June, 2023. Payment date is On or about 30 June, 2023.Board Change • Mar 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Feb 09Frontline plc Announces Emergency Arbitration Claims Filed by Euronav Have Been Fully Dismissed by the Emergency ArbitratorFrontline plc, formerly Frontline Ltd. announced that the Emergency Arbitration claims filed by Euronav have been fully dismissed by the Emergency Arbitrator. The decision was issued February 7, 2023, and in addition to fully dismissing the claims, orders Euronav to pay to Frontline all costs of the Emergency Arbitration proceedings, including full compensation for legal costs incurred. This decision strengthens Frontline’s position that its decision to terminate the combination agreement was entirely lawful.Board Change • Jan 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jan 19Frontline plc Confirms to Terminate the Combination Agreement with Euronav NVFrontline plc confirmed that it has received from Euronav NV an emergency arbitration request for urgent interim and conservatory measures following Frontline’s decision to terminate the combination agreement as further explained in Frontline’s press release dated 9 January 2023. Frontline is currently analysing this request with its legal advisors. Frontline once again confirms that its decision to terminate the combination agreement was entirely lawful.공시 • Jan 07Frontline plc, Annual General Meeting, Sep 29, 2023Frontline plc, Annual General Meeting, Sep 29, 2023, at 15:00 Atlantic Standard Time.공시 • Jan 06+ 4 more updatesFrontline plc to Report Q3, 2023 Results on Nov 30, 2023Frontline plc announced that they will report Q3, 2023 results at 3:00 PM, Atlantic Standard Time on Nov 30, 2023Board Change • Dec 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Oct 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to Mex$224, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Oil and Gas industry in South America.Upcoming Dividend • Sep 08Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 03 October 2022. Trailing yield: 5.0%. Lower than top quartile of Mexican dividend payers (6.3%). Lower than average of industry peers (20%).Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.14 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.23 (up from US$0.14 loss in 2Q 2021). Revenue: US$300.7m (up 77% from 2Q 2021). Net income: US$47.1m (up US$73.7m from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 15% compared to a 25% growth forecast for the Oil and Gas industry in Mexico.Board Change • Jul 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jun 15First quarter 2022 earnings released: EPS: US$0.15 (vs US$0.15 in 1Q 2021)First quarter 2022 results: EPS: US$0.15 (up from US$0.15 in 1Q 2021). Revenue: US$217.4m (up 12% from 1Q 2021). Net income: US$31.1m (up 7.8% from 1Q 2021). Profit margin: 14% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 15% compared to a 24% growth forecast for the industry in Mexico.Board Change • May 31Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측BMV:FRO1 N - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,481703957987312/31/20271,6647808511,106612/31/20262,2731,7301,3801,72233/31/20262,251905592927N/A12/31/20251,965379670682N/A9/30/20251,766218557567N/A6/30/20251,824238615624N/A3/31/20251,900348686703N/A12/31/20242,050496-179736N/A9/30/20242,040547-1,720669N/A6/30/20241,927595-1,680707N/A3/31/20241,883638-1,622758N/A12/31/20231,802656-775856N/A9/30/20231,917777742978N/A6/30/20231,922826527847N/A3/31/20231,710646163635N/A12/31/20221,43047650385N/A9/30/20221,114252-298211N/A6/30/202290363-326136N/A3/31/2022773-15-35093N/A12/31/2021749-15-38885N/A9/30/2021711-40-16364N/A6/30/202178650-20200N/A3/31/20211,003276204411N/A12/31/20201,221413-120604N/A9/30/20201,384531-59686N/A6/30/20201,324464-152583N/A3/31/20201,130265-310387N/A12/31/2019957140N/A280N/A9/30/201983657N/A206N/A6/30/201983669N/A176N/A3/31/201981045N/A132N/A12/31/2018741-9N/A46N/A9/30/2018702-283N/A22N/A6/30/2018655-309N/A34N/A3/31/2018637-306N/A63N/A12/31/2017645-265N/A130N/A9/30/20176422N/A154N/A6/30/201766031N/A192N/A3/31/201770265N/A244N/A12/31/2016752117N/A286N/A9/30/2016724157N/A339N/A6/30/2016674214N/A323N/A3/31/2016585278N/A279N/A12/31/2015452286N/A207N/A9/30/2015376294N/A142N/A6/30/2015324291N/A110N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FRO1 N 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -10.6%).수익 vs 시장: FRO1 N 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -10.6%).고성장 수익: FRO1 N 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: FRO1 N 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -16.4%).고성장 매출: FRO1 N 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -16.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: FRO1 N의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YEnergy 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:57종가2026/03/11 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Frontline plc는 16명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierGregory LewisBTIGMarius FurulyCarnegie Investment Bank AB13명의 분석가 더 보기
공시 • Mar 28Frontline plc Announces Resignation of Director Richard C. PrinceFrontline plc announced that Mr. Richard C. Prince has resigned as Director of the Company.
공시 • Jan 05+ 5 more updatesFrontline plc to Report Q4, 2026 Results on Feb 26, 2027Frontline plc announced that they will report Q4, 2026 results on Feb 26, 2027
공시 • Dec 09Frontline plc Approves to Elect Richard C. Prince as DirectorFrontline plc at 2025 Annual General Meeting held on 8 December 2025 approved to elect Richard C. Prince as a Director of the Company.
공시 • Feb 28Frontline plc Declares Dividend for the Fourth Quarter of 2024Frontline plc declared a cash dividend of $0.20 per share for the fourth quarter of 2024.
공시 • Jan 02+ 5 more updatesFrontline plc to Report Q4, 2025 Results on Feb 27, 2026Frontline plc announced that they will report Q4, 2025 results on Feb 27, 2026
공시 • Dec 13Frontline plc Approves the Election of DirectorsFrontline plc advised that the 2024 Annual General Meeting of the Shareholders of the Company was held on 12 December 2024. The shareholders approved the election of Ørjan Svanevik and Dr. Maria Papakokkinou as a Director of the Company.
공시 • Nov 28Frontline plc Declares Dividend for the Third Quarter of 2024, Payable on or About December 31, 2024The Board of Directors of Frontline plc declared a dividend of $0.34 per share for the third quarter of 2024. The record date for the dividend will be December 11, 2024, the ex-dividend date is expected to be December 11, 2024, for shares listed on the New York Stock Exchange and December 10, 2024, for shares listed on the Oslo Stock Exchange, and the dividend is scheduled to be paid on or about December 31, 2024.
공시 • Sep 05Frontline plc Announces the Resignation of Marios Demetriades as DirectorFrontline plc announced that Mr. Marios Demetriades has resigned as Director of the Company.
공시 • Feb 29Frontline plc Announces Dividend for the Fourth Quarter of 2023, Payable on or About 27 March, 2024Frontline plc announced dividend of $0.37 per share for the fourth quarter of 2023. Ex-date is 14 March, 2024. Record date is 15 March, 2024. Payment date is on or about 27 March, 2024.
공시 • Dec 13Frontline plc Elects Cato Stonex as A DirectorFrontline plc at its AGM held on December 12, 2023, elected Cato Stonex as a Director of the Company.
Upcoming Dividend • Dec 07Upcoming dividend of US$0.30 per share at 6.4% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 74% and the cash payout ratio is 82%. Trailing yield: 6.4%. Lower than top quartile of Mexican dividend payers (6.8%). Lower than average of industry peers (37%).
Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: US$0.48 (vs US$0.69 in 3Q 2022)Third quarter 2023 results: EPS: US$0.48 (down from US$0.69 in 3Q 2022). Revenue: US$377.5m (down 1.2% from 3Q 2022). Net income: US$107.7m (down 30% from 3Q 2022). Profit margin: 28% (down from 40% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in South America.
공시 • Nov 30Frontline plc Announces Dividend for the Third Quarter, 2023, Payable on or About 29 December, 2023Frontline plc announced dividend of USD 0.30 per share for the third quarter of 2023, Payment date: On or about 29 December, 2023. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about 3 January, 2024. Record date is 15 December, 2023. Ex-date is 14 December, 2023. Last day including right: 13 December, 2023. Date of approval: 29 November, 2023.
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to Mex$379, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$654 per share.
공시 • Nov 24CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).CMB NV entered into an agreement to acquire additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) for $1 billion on October 9, 2023. The aggregate amount of the purchase price for the sale shares is equal to $1.059 billion at $18.43 per share for 57,479,744 shares. On the date of this Agreement, CMB and its Affiliates directly own an aggregate amount of 50,450,000 Shares and Frontline and Famatown directly own an aggregate amount of 57,479,744 Shares. The purchase price shall be allocated between the Sellers as follows: (i) an amount of $251,838,818 due to Frontline as consideration for the Frontline Shares; and (ii) an amount of $807,512,864 due to Famatown as consideration for the Famatown Shares. Following its acquisition of Euronav shares from Frontline, CMB will own 49.05% of the Company’s issued shares. Euronav holds 8.23% of its shares in treasury. The Share Sale will trigger the requirement for CMB to launch a mandatory takeover offer on all shares of Euronav, at the same price as the Share Sale. Accordingly, all shareholders of Euronav will have the opportunity to sell their shares for the same price at which Frontline will have sold its shares to CMB. In a related transaction, Frontline will acquire 24 VLCC tankers from the Euronav fleet for $2.35 billion. The Related Party Transactions are conditional upon completion of the Share Sale. In addition, the Fleet Sale and the Share Sale are conditional upon, inter alia, the obtaining of regulatory approvals. The completion of the Share Purchase is subject to merger control approvals and approval by Euronav’s shareholders’ meeting of the conditionality of the Vessel Sale on the completion of the Share Purchase. Completion of the Share Purchase expected in Q4, 2023. As of October 20, 2023, CMB NV invites its shareholders to participate to the Special General Meeting to be held on November 21, 2023. All conditions pursuant to transaction fulfilled including approval by the shareholders of Euronav and anti-trust approvals.DNB Markets, a part of DNB Bank ASA is serving as financial advisor to Frontline. Advokatfirmaet Schjødt AS, Advokatfirmaet Wiersholm AS and Allen & Overy LLP are serving as legal counsel to Frontline in connection with the Acquisition. Computershare Trust Company N.A as transfer agent for its ordinary shares in the United States. Lazard BV/SRL acted as financial advisor to Euronav. CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) on November 22, 2023.
공시 • Oct 11CMB NV entered into an agreement to acquire additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) for $1 billion.CMB NV entered into an agreement to acquire additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO) for $1 billion on October 9, 2023. As per the terms of the transaction, the offer price per share is $18.43 for 57,479,744 shares. Following its acquisition of Euronav shares from Frontline, CMB will own 49.05% of the Company’s issued shares. Euronav holds 8.23% of its shares in treasury. The Share Sale will trigger the requirement for CMB to launch a mandatory takeover offer on all shares of Euronav, at the same price as the Share Sale. Accordingly, all shareholders of Euronav will have the opportunity to sell their shares for the same price at which Frontline will have sold its shares to CMB. In a related transaction, Frontline will acquire 24 VLCC tankers from the Euronav fleet for $2.35 billion. The Related Party Transactions are conditional upon completion of the Share Sale. In addition, the Fleet Sale and the Share Sale are conditional upon, inter alia, the obtaining of regulatory approvals. The completion of the Share Purchase is subject to merger control approvals and approval by Euronav’s shareholders’ meeting of the conditionality of the Vessel Sale on the completion of the Share Purchase. Completion of the Share Purchase expected in Q4, 2023.
공시 • Oct 06Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% StakeEuronav NV (ENXTBR:EURN) shareholder CMB NV is offering to acquire Frontline plc (NYSE:FRO)’s 26.12% stake in the company for $18.43 per share, which will be followed by a mandatory public offer at the same price, Euronav said in statement. Shares of oil tanker company Euronav jumped around 18% as trading reopened at 1330 GMT. Shares were suspended earlier in the day after spiking on media reports about the company going private. Shares traded at a EUR 14.57 ($15.34) prior to the suspension. The proposed transaction would also involve peer and shareholder Frontline acquiring 24 VLCC tankers from the Euronav fleet for $2.35 billion, Euronav said. “The discussions between the parties are well advanced. However, there can be no certainty that these discussions will lead to an agreement.” The successful completion of the deal would end the arbitration action initiated against Frontline by Euronav in response to the Oslo-traded company’s decision to scrap a $4.2 billion planned merger between both companies, which would have created the world’s largest publicly listed tanker company.
공시 • Aug 25Frontline plc Announces Dividend for the Second Quarter of 2023, Payable on or About September 29, 2023Frontline plc announced dividend of USD 0.80 per share for the second quarter of 2023, payable on or about September 29, 2023. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about October 3, 2023. Record date is September 15, 2023. Ex-date is September 14, 2023. Last day including right is September 13, 2023. Date of approval is August 23, 2023.
공시 • Jun 25Frontline plc(NYSE:FRO) dropped from Russell 2000 Dynamic IndexFrontline plc(NYSE:FRO) dropped from Russell 2000 Dynamic Index
공시 • Jun 01Frontline plc Declares Cash Dividend for the First Quarter of 2023, Payment Date Is on or About 30 June, 2023Frontline plc declared cash dividend of $0.70 per share for the first quarter of 2023. Ex-date is 15 June, 2023. Record date is 16 June, 2023. Payment date is On or about 30 June, 2023.
Board Change • Mar 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Feb 09Frontline plc Announces Emergency Arbitration Claims Filed by Euronav Have Been Fully Dismissed by the Emergency ArbitratorFrontline plc, formerly Frontline Ltd. announced that the Emergency Arbitration claims filed by Euronav have been fully dismissed by the Emergency Arbitrator. The decision was issued February 7, 2023, and in addition to fully dismissing the claims, orders Euronav to pay to Frontline all costs of the Emergency Arbitration proceedings, including full compensation for legal costs incurred. This decision strengthens Frontline’s position that its decision to terminate the combination agreement was entirely lawful.
Board Change • Jan 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jan 19Frontline plc Confirms to Terminate the Combination Agreement with Euronav NVFrontline plc confirmed that it has received from Euronav NV an emergency arbitration request for urgent interim and conservatory measures following Frontline’s decision to terminate the combination agreement as further explained in Frontline’s press release dated 9 January 2023. Frontline is currently analysing this request with its legal advisors. Frontline once again confirms that its decision to terminate the combination agreement was entirely lawful.
공시 • Jan 07Frontline plc, Annual General Meeting, Sep 29, 2023Frontline plc, Annual General Meeting, Sep 29, 2023, at 15:00 Atlantic Standard Time.
공시 • Jan 06+ 4 more updatesFrontline plc to Report Q3, 2023 Results on Nov 30, 2023Frontline plc announced that they will report Q3, 2023 results at 3:00 PM, Atlantic Standard Time on Nov 30, 2023
Board Change • Dec 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Oct 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to Mex$224, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Oil and Gas industry in South America.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.15 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 03 October 2022. Trailing yield: 5.0%. Lower than top quartile of Mexican dividend payers (6.3%). Lower than average of industry peers (20%).
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.14 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.23 (up from US$0.14 loss in 2Q 2021). Revenue: US$300.7m (up 77% from 2Q 2021). Net income: US$47.1m (up US$73.7m from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 15% compared to a 25% growth forecast for the Oil and Gas industry in Mexico.
Board Change • Jul 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jun 15First quarter 2022 earnings released: EPS: US$0.15 (vs US$0.15 in 1Q 2021)First quarter 2022 results: EPS: US$0.15 (up from US$0.15 in 1Q 2021). Revenue: US$217.4m (up 12% from 1Q 2021). Net income: US$31.1m (up 7.8% from 1Q 2021). Profit margin: 14% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 15% compared to a 24% growth forecast for the industry in Mexico.
Board Change • May 31Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director James O'Shaughnessy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.