FRO Frontline Ltd.

FRO – Q1 2024 Presentation

FRO – Q1 2024 Presentation

Please find enclosed the presentation of Frontline plc´s first quarter 2024 results to be held on the webcast / conference call 30 May, 2024 at 15:00 CET.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachment



EN
30/05/2024

Underlying

FROFrontline Ltd.

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Reports on Frontline Ltd.

Jørgen Lian
  • Jørgen Lian
Free Trial
FRO FRONTLINE LTD.

Frontline (Buy, TP: NOK346.00) - Primed for potential upcycle

Having completed the VLCC fleet acquisition from Euronav, re-leveraged part of its fleet and disposed of older tonnage, we believe Frontline is poised to reap the rewards of a potential VLCC upcycle. In our view, the limited supply outlook means any meaningful demand growth could raise rates to new heights, which would enable meaningful shareholder distributions. We reiterate our BUY and have raised our target price to NOK346 (278).

05/31/24 May 31, 2024 1 EN
 PRESS RELEASE
Free
FRO FRONTLINE LTD.

FRO – Q1 2024 Presentation

FRO – Q1 2024 Presentation Please find enclosed the presentation of Frontline plc´s first quarter 2024 results to be held on the webcast / conference call 30 May, 2024 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Attachment

May 30, 2024 1 EN
 PRESS RELEASE
Free
FRO FRONTLINE LTD.

FRO – First Quarter 2024 Results

FRO – First Quarter 2024 Results FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2024: Highlights Profit of $180.8 million, or $0.81 per share for the first quarter of 2024.Adjusted profit of $137.9 million, or $0.62 per share for the first quarter of 2024.Declared a cash dividend of $0.62 per share for the first quarter of 2024.Reported revenues of $578.4 million for the first quarter of 2024.Took delivery of the remaining 13 VLCCs from Euronav NV ...

May 30, 2024 1 EN
 PRESS RELEASE
Free
FRO FRONTLINE LTD.

FRO – Invitation to Q1 2024 Results Conference Call and Webcast

FRO – Invitation to Q1 2024 Results Conference Call and Webcast Frontline plc.’s preliminary first quarter 2024 results will be released on Thursday May 30, 2024, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at  ahead of the conference call. In order to attend the conference call you may do one of the following: a. WebcastGo to the Investor Relations section at  and follow the “Webcast” link, or access directly from the link below. ...

May 27, 2024 1 EN
Jørgen Lian
  • Jørgen Lian
Free Trial
EURN EURONAV NV
DHT DHT Holdings I... ... (+31)

Yard response and dry bulk qualms

Our trip to South Korea and China revealed Chinese shipbuilders are seeking growth to take on Korea’s established yards who are facing constraints. An eagerness to add capacity is one of our takeaways, as well as a gloomy outlook for Chinese real estate, which in our view should inevitably weigh on dry bulk demand.

EURN EURONAV NV
DHT DHT HOLDINGS INC.
SBL SAFE BULKERS INC.
LPG DORIAN LPG
GNK GENCO SHIPPING & TRADING LTD.
MAERSK B A.P. MOLLER - MAERSK A/S CLASS B
ODF ODFJELL ASA
WAWI WALLENIUS WILHELMSEN LOGISTICS ASA
WWI WILHELM WILHELMSEN HOLDING
SBLK STAR BULK CARRIERS CORP.
FRO FRONTLINE LTD.
G2O GOLAR LNG LIMITED
AMSC AMERICAN SHIPPING COMPANY ASA
SN6 STOLT-NIELSEN LTD.
BWLPG BW LPG LTD.
GOGLO GOLDEN OCEAN GROUP LTD
AVACF AVANCE GAS HOLDINGS LTD
HUNT HUNTER GROUP ASA
STNG SCORPIO TANKERS INC.
FLNG FLEX LNG LTD.
SFL SFL CORPORATION LIMITED
TNK TEEKAY TANKERS
2020 2020 BULKERS LTD
KCC KLAVENESS COMBINATION CARRIERS
EGLE EAGLE BULK SHIPPING
MPCC MPC CONTAINER SHIPS AS
HAUTO HOEGH AUTOLINERS ASA
WEST WESTERN BULK CHARTERING
HAFNI HAFNIA
COOL COOL COMPANY LTD.
HSHP HIMALAYA SHIPPING LTD.
04/29/24 April 29, 2024 1 EN

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