FRO Profile
Frontline Ltd. (FRO) is a shipping company primarily engaged in the transportation of crude oil and oil products. The company operates a fleet of tankers that are used for the transportation of crude oil, refined petroleum products, and chemicals.
As of its last market close, FRO had a market capitalization of approximately $1.7 billion USD. The company had a trailing twelve-month revenue of approximately $1.0 billion USD and a net loss of approximately $156 million USD. FRO's stock price had a 52-week range of $2.75 - $10.28 USD and was trading at approximately $8.70 USD at the time of its last market close.
Frontline is focused on providing safe, reliable, and cost-effective transportation services to its customers, and the company is committed to maintaining high standards of environmental and social responsibility. The company is also focused on pursuing growth opportunities, both through the acquisition of new vessels and through strategic partnerships and collaborations.
Investing in Frontline carries risks, including risks associated with changes in the demand for crude oil and oil products, as well as risks associated with changes in global economic conditions and the regulatory environment. Additionally, the company is subject to operational risks, including risks associated with the management of its fleet of vessels and the maintenance of its shipping infrastructure. Investors should carefully consider these risks before making any investment decisions.
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