Frontline plc

NYSE•FRO

CEO: Mr. Lars H. Barstad

Sector: Energy

Industry: Oil & Gas Midstream

Listing Date: 2001-08-06

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. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Limassol, Cyprus.

Contact Information

Iris House, 8, John Kennedy Street Off. 740B, Limassol, 3106, Cyprus

357-2-5588767

www.frontlineplc.cy

Market Cap

$8.27B

P/E (TTM)

21.8

21.3

Dividend Yield

2.5%

52W High

$39.89

52W Low

$12.40

52W Range

90%

Rank43Top 50.7%

3.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$624.51M+0.00%

4-Quarter Trend

EPS

$1.02+0.00%

4-Quarter Trend

FCF

$276.46M+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Operating Revenue Increased Total operating revenues reached $2.05B USD, marking a 13.8% increase compared to prior year results.

Fleet Expanded Post-Acquisition Fleet grew to 81 vessels after acquiring 24 VLCCs from CMB.TECH; 75 vessels operated on spot market.

Strong Cash Position Maintained Cash and equivalents increased to $413.5M USD at year-end 2024, providing strong short-term liquidity.

Asset Base Grew Substantially Net book value of vessels and equipment reached $5.25B USD following significant capital additions during 2024.

Risk Factors

Charter Rate Volatility Risk Highly cyclical industry exposes earnings to fluctuating spot market charter rates, impacting profitability and asset values significantly.

Geopolitical Trade Disruption War in Ukraine and Middle East conflicts threaten shipping routes, causing demand uncertainty and operational risks.

Financing Cost Surge Interest expense rose 69.4% to $302.3M USD due to increased debt load from recent vessel acquisitions.

Regulatory Compliance Costs Ongoing environmental regulations, including IMO/EU mandates, require capital expenditure for fleet upgrades and compliance.

Outlook

Modern Energy-Efficient Fleet Strategy focuses on operating modern fleet; 45 vessels are scrubber-fitted, positioning well against environmental laws.

Sufficient Liquidity Forecast Cash on hand and committed facilities expected to fund requirements for at least the next twelve months.

No Newbuilding Commitments No remaining vessels in the newbuilding program or commitments as of December 31, 2024, focusing on existing fleet.

Dividend Payments Continue Board declared $0.20 per share dividend for Q4 2024, though future payments remain at Board discretion.

Peer Comparison

Revenue (TTM)

NOV

$8.74B

-1.4%

WFRD

$4.92B

-10.8%

CHRD

$4.88B

-7.1%

Gross Margin (Latest Quarter)

MTDR

258.4%

-9.4pp

CNX

93.2%

+32.8pp

AROC

53.0%

+5.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
FRO	$8.27B	21.8	15.9%	53.3%
NE	$7.27B	33.5	4.7%	26.2%
NOV	$7.09B	48.8	2.3%	20.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

13.4%

Steady Growth

4Q Net Income CAGR

89.9%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 29, 2026

EPS:$2.25

Revenue:$562.14M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data