Frontline Plc

NYSE: FRO
$24.04
-$0.31 (-1.3%)
Closing price April 17, 2024
Frontline Plc is a global leader in the maritime transportation of crude oil and oil products. With a fleet of 70 vessels, this Cyprus-based company specializes in owning, operating, and chartering oil and product tankers. Since its establishment in 1985, Frontline has expanded its operations to include the buying and selling of ships, positioning itself as a key player in the international shipping industry.
Source: ThinkstockOffshore drilling company SeaDrill Ltd. (NYSE: SDRL) posted third-quarter 2014 results before markets opened on Wednesday morning. The company posted diluted earnings per share...
Source: ThinkstockAugust 29, 2014: Among the 24 stocks making new 52-week lows today were the following four firms:Bob Evans Farms Inc. (NASDAQ: BOBE) dropped about 2.2% on Friday as downgrades on...
Thursday morning Frontline, John Fredriksen's tanker company, reported a net loss of $0.81 per share.
Offshore drilling company SeaDrill posted better-than-expected second-quarter 2014 earnings before markets opened on Wednesday.
Source: ThinkstockWhen Nordic American Tankers Ltd. (NYSE: NAT) reported results this morning, the company started out by saying that it had “improved its relative position within the industry...
Source: ThinkstockShares of a host of shipping companies are getting a big boost today on a report from Bloomberg that the 2013 outlook for shipping rates, especially for iron ore, are set to rise...
Offshore drilling services firm Seadrill Ltd (NYSE: SDRL) is spinning off its offshore rig business to a new company to be called Seadrill Partners LLC. If a filing with the SEC, Seadrill Partners...
Dry bulk shipper Eagle Bulk Shipping Inc. (NASDAQ: EGLE) filed a Form S-3 with the SEC this morning announcing the sale of up to 3.15 million shares of common stock priced at $2.84. Shares closed at...
Last week’s decision by OPEC to continue to produce crude oil at the cartel’s official quota level of 30 million barrels/day had the knock-on effect of emboldening tanker operators to raise...
Today’s edition of the Closing Bell is being published shortly after 2:00 p.m. US markets are closed Monday to observe the Memorial Day holiday. We’ll resume our normal schedule next Tuesday.The...
The three major US stock indexes opened lower this morning following a weak report on Chinese and German PMI readings (our coverage here and here). New US jobless benefits claims came in pretty much...
Source: Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.Accenture plc (NYSE: ACN) Raised to Hold at...
The CEO of Frontline Ltd. (NYSE: FRO) told Reuters that the demand for oil tankers is unexpectedly high right now as imports to China swell. This could be good news for other tanker lines like Nordic...
The Dow Jones Transportation Average has risen just 7.7% in the past five years, and barely 3% in the past 12 months. Not exciting, that’s for sure, except for the ride to get here.Fortunately...