FRO Frontline Ltd.

FRO - Q1 2020 Presentation

FRO - Q1 2020 Presentation

Please find enclosed the presentation of Frontline Ltd.’s first quarter 2020 results to be held on the webcast / conference call 20 May, 2020 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
20/05/2020

Underlying

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Reports on Frontline Ltd.

Jørgen Lian
  • Jørgen Lian

A brewing challenge for the yards

Our 17th Annual Energy & Shipping Conference was well attended by investors and industry executives showcasing the still-growing interest for the sectors. Limited yard capacity is fuelling high newbuilding prices and raising freight rate expectations for the vast fleet renewal necessary in the coming decade. Long lead times underpin a bullish supply story for much of shipping in the coming years, albeit exposed to geopolitical risks affecting trade patterns. Our overall impression was general op...

Jørgen Lian
  • Jørgen Lian

Frontline Minor model adjustments

We have updated our estimates, owing to the Q4 results and QTD fixtures. We do not consider these changes to be material, and we have not changed our BUY recommendation. We retain our positive outlook for VLCCs given growing freight demand, low orderbook and high fleet renewal requirements due to strict environmental regulations. Frontline’s well-timed acquisition of 24 VLCCs from Euronav has already gained USD200m for its shareholders (~NOK10/share) since the transaction, while also increasing ...

 PRESS RELEASE

FRO – Q4 2023 Presentation

FRO – Q4 2023 Presentation Please find enclosed the presentation of Frontline plc´s fourth quarter 2023 results to be held on the webcast / conference call 29 February, 2024 at 15:00 CET. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment

 PRESS RELEASE

FRO – Fourth Quarter and Full Year 2023 Results

FRO – Fourth Quarter and Full Year 2023 Results FRONTLINE PLC REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three and twelve months ended December 31, 2023: Highlights Profit of $118.4 million, or $0.53 per share for the fourth quarter of 2023. Adjusted profit of $102.2 million, or $0.46 per share for the fourth quarter of 2023. Declared a cash dividend of $0.37 per share for the fourth quarter of 2023.Reported revenues of $415.0 million for the fourth quarter of 2023.Took delivery of...

 PRESS RELEASE

FRO – Invitation to Q4 2023 Results Conference Call and Webcast

FRO – Invitation to Q4 2023 Results Conference Call and Webcast Frontline plc.’s preliminary fourth quarter 2023 results will be released on Thursday February 29, 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. b. Confe...

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