Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
267.1 NOK | +0.41% | +3.33% | +31.64% |
03-21 | Jefferies Upgrades Frontline to Buy From Hold, Adjusts Price Target to $30 From $22 | MT |
02-29 | Sector Update: Energy Stocks Edge Higher Premarket Thursday | MT |
Business Summary
At the end of 2022, the group had a fleet of 70 tankers (including 4 under commercial management) broken down between 21 VLCCs (maximum tonnage of 200 to 320 Kt), 20 LR2/Aframax (maximum tonnage of 111 to 115 Kt), and 29 Suezmax (maximum tonnage of 120 to 170 Kt).
Frontline Ltd. carries out its business through its subsidiaries and partner companies in Bermuda, India, Liberia, the Marshall Islands, Norway, the United Kingdom and Singapore.
Number of employees: 88
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Voyage Charter
95.6
%
| 1,346 | 94.1 % | 1,723 | 95.6 % | +28.03% |
Time Charter
3.5
%
| 72 | 5.0 % | 64 | 3.5 % | -11.17% |
Administrative Income
0.8
%
| 12 | 0.9 % | 15 | 0.8 % | +22.03% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Global
100.0
%
| 1,430 | 100.0 % | 1,802 | 100.0 % | +26.01% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Lars Barstad
CEO | Chief Executive Officer | 53 | - |
Inger Klemp
DFI | Director of Finance/CFO | 61 | 11-12-31 |
John Fredriksen
BRD | Director/Board Member | 80 | 97-11-02 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
John Fredriksen
BRD | Director/Board Member | 80 | 97-11-02 |
Director/Board Member | 58 | 22-05-01 | |
Director/Board Member | 61 | 18-09-20 | |
Ola Lorentzon
CHM | Chairman | 74 | 15-04-30 |
Steen Jakobsen
BRD | Director/Board Member | 60 | 22-05-01 |
Director/Board Member | 53 | 22-10-04 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 222,622,889 | 142,955,036 ( 64.21 %) | 0 | 64.21 % |
Company contact information
Group companies
Name | Category and Sector |
---|---|
Frontfleet II Ltd.
| |
Frontfleet Ltd.
| |
Seymour International Ltd.
Seymour International Ltd. Publishing: Books/MagazinesConsumer Services Part of Frontline Plc, Seymour International Ltd. distributes magazines. The private company is based in Lynch Wood, UK. |
Publishing: Books/Magazines
|
Sector
Sales per Business
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+26.73% | 9.2B | |
+19.08% | 3.61B | |
+33.21% | 2.47B | |
+7.40% | 1.97B | |
+18.55% | 1.88B | |
-2.19% | 1.74B | |
-8.47% | 1.43B | |
+46.44% | 1.21B | |
+5.91% | 1.13B |
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