Summary
HF6 Chart
Frontline PLC $FRO is Armor Advisors L.L.C.’s 10th Largest Position
Armor Advisors L.L.C. lifted its stake in Frontline PLC (NYSE: FRO) by 10.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 210,332 shares of the shipping company's stock after buying an additional 20,000 shares during the quarter. Frontline makes up 2.7% of
Frontline: How Fleet Renewal, Venezuela Oil, And A 17% Yield Could Drive Returns (Rating Upgrade)
Frontline is upgraded from sell to buy following a transformative fleet renewal and sector tailwinds. FRO will sell eight older VLCCs, acquire nine newbuilds, and may divest LR2s, positioning it as the largest and youngest public tanker fleet. The return of Venezuelan oil to legitimate markets and strong sector sentiment are key catalysts supporting elevated rates and yields.
Frontline Q3: The Macro Is Finally Favorable
Frontline plc (FRO) remains a buy but is now best suited for aggressive investors due to a lower yield and higher valuation. FRO faces ongoing geopolitical risks and insurance costs, but the recent Red Sea ceasefire and sanctions on Russian oil create positive macro tailwinds. Q3 earnings missed expectations, but a surge in VLCC bookings and higher rates signal a potentially strong Q4 performance.
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Frontline plc Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Lars H. Barstad CEO | XMUN Exchange | CY0200352116 ISIN |
| US Country | 85 Employees | 19 Dec 2025 Last Dividend | 3 Feb 2016 Last Split | 6 Aug 2001 IPO Date |
Overview
Frontline plc is a prominent shipping company with a focus on the seaborne transportation of crude oil and oil products across the globe. Established in 1985, the company is headquartered in Limassol, Cyprus, and has carved a niche for itself in the maritime transport industry over the years. As of the end of 2022, Frontline boasts a robust operational fleet of 70 vessels, showcasing its significant capacity to meet the demanding needs of global oil transportation. The company's business operations are not limited to transportation alone but also encompass the charter, purchase, and sale of vessels, highlighting its versatility and comprehensive involvement in the maritime sector.
Products and Services
- Seaborne Transportation of Crude Oil and Oil Products
Frontline plc specializes in the transportation of crude oil and various oil products across international waters. Utilizing its vast fleet of oil and product tankers, the company ensures efficient and reliable delivery of oil commodities to different parts of the world, adhering to the highest safety and environmental standards.
- Ownership and Operation of Oil and Product Tankers
The company owns and operates a diverse fleet of oil and product tankers, designed to meet the specific requirements of carrying crude oil and oil products. This capability enables Frontline plc to offer flexible and adaptive transportation solutions, catering to the unique needs of its clientele in the ever-evolving global oil market.
- Charter, Purchase, and Sale of Vessels
In addition to its core transportation services, Frontline plc engages in the chartering, purchasing, and selling of vessels. This aspect of its operations allows for strategic fleet management and the optimization of its assets to align with market demands and opportunities, thereby enhancing the company's growth and profitability potentials.
