Frontline plc (FRO)
Market Closed
1 Sep, 20:00
$
44. 32
+0.54
+1.2334%
$
9.84B Market Cap
5.71 P/E Ratio
4.12% Div Yield
2.19M Volume
2.69 Eps
$ 43.78
Previous Close 
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Although Frontline Is Up 83% In 1 Year, We Think There Is More To Come
We examine earnings potential from the acquisition of 24 modern VLCCs from Euronav. The gearing ratio is expected to increase from 62% to 65% in Q1 2024. Favorable supply and demand dynamics over the next two to three years support higher earnings for VLCC.
Seekingalpha | 2 years ago
