Frontline (BATS-CHIXE:FROO) - Stock Price, News & Analysis

FROO Stock Overview

A shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. More details

FROO fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	1/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 51.8% below our estimate of its fair value

Earnings are forecast to grow 5.86% per year

Analysts in good agreement that stock price will rise by 47.9%

Risk Analysis

High level of non-cash earnings

Debt is not well covered by operating cash flow

Shares are highly illiquid

Dividend of 10.75% is not well covered by free cash flows

Frontline plc Competitors

NWF Group

AIM:NWF

UK£73.7m

Harbour Energy

LSE:HBR

UK£3.6b

Energean

LSE:ENOG

UK£1.9b

Ithaca Energy

LSE:ITH

UK£1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Frontline
Historical stock prices
Current Share Price	US$219.15
52 Week High	US$284.70
52 Week Low	US$210.85
Beta	0.11
11 Month Change	-14.43%
3 Month Change	n/a
1 Year Change	-7.90%
33 Year Change	239.03%
5 Year Change	112.35%
Change since IPO	58.52%

Recent updates

Shareholder Returns

	FROO	GB Oil and Gas	GB Market
7D	2.4%	2.1%	-0.3%
1Y	-7.9%	-7.4%	6.1%

Return vs Industry: FROO matched the UK Oil and Gas industry which returned -8.2% over the past year.

Return vs Market: FROO underperformed the UK Market which returned 5.6% over the past year.

Price Volatility

Is FROO's price volatile compared to industry and market?
FROO volatility
FROO Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	6.5%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: FROO's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine FROO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1985	88	Lars Barstad	www.frontlineplc.cy

Frontline plc, a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2023, the company operated a fleet of 76 vessels.

Frontline plc Fundamentals Summary

How do Frontline's earnings and revenue compare to its market cap?
FROO fundamental statistics
Market cap	NOK 47.52b
Earnings (TTM)	NOK 6.60b
Revenue (TTM)	NOK 21.38b

7.6x

P/E Ratio

2.3x

P/S Ratio

Is FROO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FROO income statement (TTM)
Revenue	US$1.93b
Cost of Revenue	US$914.53m
Gross Profit	US$1.01b
Other Expenses	US$417.48m
Earnings	US$594.51m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 29, 2024

Earnings per share (EPS)	2.67
Gross Margin	52.53%
Net Profit Margin	30.86%
Debt/Equity Ratio	159.0%

How did FROO perform over the long term?

See historical performance and comparison

Dividends

10.8%

Current Dividend Yield

72%

Payout Ratio

FROO Stock Overview

Rewards

Risk Analysis

Frontline plc Competitors

AIM:NWF

UK£73.7m

LSE:HBR

UK£3.6b

LSE:ENOG

UK£1.9b

LSE:ITH

UK£1.6b

Price History & Performance

Recent News & Updates

Frontline plc Announces the Resignation of Marios Demetriades as Director

Full year 2023 earnings released: EPS: US$2.95 (vs US$2.22 in FY 2022)

New major risk - Earnings quality

Frontline plc Announces Dividend for the Fourth Quarter of 2023, Payable on or About 27 March, 2024

Frontline plc Elects Cato Stonex as A Director

Third quarter 2023 earnings released: EPS: US$0.48 (vs US$0.69 in 3Q 2022)

Recent updates

Frontline plc Announces the Resignation of Marios Demetriades as Director

Full year 2023 earnings released: EPS: US$2.95 (vs US$2.22 in FY 2022)

New major risk - Earnings quality

Frontline plc Announces Dividend for the Fourth Quarter of 2023, Payable on or About 27 March, 2024

Frontline plc Elects Cato Stonex as A Director

Third quarter 2023 earnings released: EPS: US$0.48 (vs US$0.69 in 3Q 2022)

Frontline plc Announces Dividend for the Third Quarter, 2023, Payable on or About 29 December, 2023

CMB 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 completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

Investor sentiment improves as stock rises 21%

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.

Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% Stake

Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% Stake

Frontline plc Announces Dividend for the Second Quarter of 2023, Payable on or About September 29, 2023

Frontline plc(NYSE:FRO) dropped from Russell 2000 Dynamic Index

Frontline plc Declares Cash Dividend for the First Quarter of 2023, Payment Date Is on or About 30 June, 2023

Frontline plc Declares Cash Dividend for the First Quarter of 2023

Frontline plc Announces Emergency Arbitration Claims Filed by Euronav Have Been Fully Dismissed by the Emergency Arbitrator

Frontline plc Confirms to Terminate the Combination Agreement with Euronav NV

Frontline plc, Annual General Meeting, Sep 29, 2023

Frontline plc to Report Q3, 2023 Results on Nov 30, 2023

Frontline Ltd. Announces Executive Changes

Third quarter 2022 earnings released: EPS: US$0.69 (vs US$0.17 loss in 3Q 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

Frontline Ltd. Appoints Marios Demetriades as A Director

Upcoming dividend of US$0.15 per share

Frontline Ltd. (NYSE:FRO) agreed to acquire a 3.82% stake in Euronav NV (ENXTBR:EURN) for approximately €130 million.

Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.14 loss in 2Q 2021)

Frontline Ltd. Declares Cash Dividend for the Second Quarter of 2022, Payable on or About October 3, 2022

First quarter 2022 earnings released

Less than half of directors are independent

Frontline Ltd. Announces Executive Changes

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) from CMB NV, C.K. LIMITED and others for €2.5 billion.

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) for €2.5 billion.

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Frontline Ltd. Appoints Jens Martin Jensen as Director

Less than half of directors are independent

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

Second quarter 2021 earnings released: US$0.13 loss per share (vs US$1.01 profit in 2Q 2020)

First quarter 2021 earnings released: EPS US$0.15 (vs US$0.87 in 1Q 2020)

Full year 2020 earnings released: EPS US$2.11 (vs US$0.81 in FY 2019)

New 90-day high: kr65.20

The Board of Frontline Ltd. Decides Not to Pay Dividend for the Fourth Quarter of 2020

Frontline Ltd., Annual General Meeting, Sep 17, 2021

New 90-day low: kr51.85

Third quarter 2020 earnings released: EPS US$0.29

Frontline Ltd. Does Not Declare Dividend for the Third Quarter of 2020

OSM Maritime Group AS acquired SeaTeam Management Pte. Ltd. from Golden Ocean Group Limited (NasdaqGS:GOGL), Frontline Ltd. (NYSE:FRO) and others.

Frontline Ltd. to Report Q2, 2020 Results on Aug 27, 2020

Shareholder Returns

Price Volatility

About the Company

Frontline plc Fundamentals Summary

7.6x

2.3x

Earnings & Revenue