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Frontline’s $1.2B Fleet Overhaul: Nine Next-Gen VLCCs to Join, Eight Older Ships Sold
Market Chameleon (Fri, 9-Jan 3:33 AM ET)
Frontline plc's Role in Shaping the Global Tanker Market: Key Insights from Shipping Sector Leaders
Market Chameleon (Wed, 7-Jan 6:57 AM ET)
Market Chameleon (Tue, 25-Nov 2:08 AM ET)
Frontline PLC is an international shipping company engaged in the seaborne transportation of crude oil and oil products. It owns and operates modern fleets in the industry, consisting of VLCCs, Suezmax tankers, LR2, and Aframax tankers, which operate in the spot and time charter markets. The vessels normally trade between the larger refinery centers around the world, such as the Gulf of Mexico, the Middle East, Rotterdam, and Singapore. The company generates the majority of its revenue from voyage and time charters. It has only one reportable segment: tankers.
Frontline PLC trades on the NYSE stock market under the symbol FRO.
As of April 30, 2026, FRO stock price climbed to $36.49 with 1,851,500 million shares trading.
FRO has a beta of 0.32, meaning it tends to be less sensitive to market movements. FRO has a correlation of 0.01 to the broad based SPY ETF.
FRO has a market cap of $8.12 billion. This is considered a Mid Cap stock.
Last quarter Frontline PLC reported $625 million in Revenue and $1.03 earnings per share. This beat revenue expectation by $168 million and exceeded earnings estimates by $.01.
In the last 3 years, FRO traded as high as $39.89 and as low as $12.40.
The top ETF exchange traded funds that FRO belongs to (by Net Assets): PXJ, BOAT, FNDC, AVDE, NORW.
FRO has outperformed the market in the last year with a price return of +128.6% while the SPY ETF gained +31.0%. FRO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +32.5% and +2.8%, respectively, while the SPY returned +3.8% and +2.7%, respectively.
FRO support price is $34.98 and resistance is $37.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRO shares will trade within this expected range on the day.