VLCC rates jump after Saudi oilfield attacks [Seeking Alpha]
Frontline Plc Ordinary Shares (FRO)
Last frontline plc ordinary shares earnings: 2/27 01:30 am
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Source: Seeking Alpha
VLCC rates jump after Saudi oilfield attacks - Frontline Ltd. (NYSE:FRO) | Seeking Alpha Energy | On the Move VLCC rates jump after Saudi oilfield attacks Sep. 17, 2019 11:58 AM ET Frontline Ltd. (FRO) Carl Surran VLCC rates jumped more than 10% Most of the increase reflects higher bunker prices, but there also is an element of risk management, according to analysts at Poten & Partners. Very Large Crude Carriers will be hurt by a sudden lack of cargo volumes out of the Arabian Gulf, as VLCC cargoes account for 89% of all Saudi crude exports, says Brokers Affinity, which anticipates reduced demand of 2-3 VLCCs each day. " The VLCC market was tightening Potentially relevant tickers include: -2% EURN -1.9% GOGL -2.6% GLOG -2.2% GLNG -1.1% TOO -1.2% STNG See all stocks on the move » Now read: Middle East Crisis: Structural Win For Crude Tankers » Subscribe
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FRO
News
- Frontline plc (NYSE: FRO) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $30.00 price target on the stock, up previously from $22.00.MarketBeat
- Frontline plc (NYSE: FRO) had its price target lowered by analysts at JPMorgan Chase & Co. from $23.00 to $22.30. They now have a "neutral" rating on the stock.MarketBeat
- Frontline Ltd. (NYSE:FRO) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Frontline plc (NYSE: FRO) had its "hold" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $22.00 price target on the stock.MarketBeat
- Frontline plc (NYSE: FRO) had its price target lowered by analysts at JPMorgan Chase & Co. from $24.40 to $23.00. They now have a "neutral" rating on the stock.MarketBeat
FRO
Earnings
- 3/1/24 - Miss
FRO
Sec Filings
- 3/1/24 - Form 6-K
- FRO's page on the SEC website