Frontline (FRO)
market vs.
industry GROWTH & VALUE
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| PE Ratio (f) | n/a |
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| Price to Book Value | 1.74 |
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market vs.
industry QUALITY
| Year End 31st Dec | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | TTM | 2013E | 2014E | CAGR / Avg | |
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| Operating Profit | $m | ||||||||||
| Net Profit | $m | ||||||||||
| EPS Reported | $ | ||||||||||
| EPS Normalised | $ | ||||||||||
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| Op. Cashflow ps | $ | ||||||||||
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| Last ex-div: 7th Sep, paid: 26th Sep more... Dividends | |||||||||||
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| Cash etc | $m | ||||||||||
| Working Capital | $m | ||||||||||
| Net Fixed Assets | $m | ||||||||||
| Net Debt | $m | ||||||||||
| Book Value | $m | ||||||||||
| Average Shares | m | ||||||||||
| Book Value ps | $ | -23.7% | |||||||||
FINANCIAL BRIEF: For the three months ended 31 March 2013, Frontline Ltd. revenues decreased 16% to $125.9M. Net loss before extraordinary items increased from $393K to $18.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Gain on redemption of debt decrease from $4.6M (income) to $0K. more »
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market vs.
industry RECENT HISTORY
| Latest interim period (ended 31st Mar '13) vs. prior year | ||||
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BROKER CONSENSUS & FORECAST TREND
| Recommendation: | Strong Sell | Sell | Hold | Buy | Strong Buy |
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| No. of Analysts: | 9 | 4 | 2 | 0 | 0 |
Frontline Ltd. is a shipping company. The Company is engaged primarily in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. The Company operates tankers of two sizes: very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons, and Suezmax tankers, which are vessels between 120,000 and 170,000 deadweight tons. As of December 31, 2010, its tanker and OBO fleet consisted of 73 vessels. The fleet consists of 44 VLCCs, which are either owned or chartered in, 21 Suezmax tankers, which are either owned or chartered in and eight Suezmax OBOs, which are chartered in. The Company also had five VLCC newbuildings and two Suezmax newbuildings on order and three VLCCs under its commercial management. In February 2010, it purchased the VLCC Front Vista from Ship Finance International Limited (Ship Finance). In January 2011, it sold the VLCC Front Shanghai.
Directors: John Fredriksen (Chmn.) 68, Jens Jensen (Corp. Exec.) 49, Inger Klemp (Other) 50,
No. of Employees: 88 No. of Shareholders: n/a
| Last Annual | December 31st, 2012 |
| Last Interim | March 31st, 2013 |
| Shares in Issue | 77,858,502 |
| Free Float | 47.9m (61.5%) |
| Sector | Energy |
| Industry | Oil & Gas Related Equipment and Services |
| Index | |
| Exchange |
London Stock Exchange |
| Eligible for | an ISA? a SIPP? |
| Address | Par-la-Ville Place,4th Floor 14 Par-la-Ville Road 1593, PO Box HM, HAMILTON, HM 08, Bermuda |
| Web | http://www.frontline.bm/ |
| Phone | +1 441 2956935 |
| Contact | Inger Marie Klemp (Chief Financial Officer) |
| Auditors | PricewaterhouseCoopers AS |
| 17th Apr | FRO - Notice of Special General Meeting |
| 3rd Apr | FRO - Filing of Annual Report on Form 20-F |
| 20th Mar | Second Price Monitoring Extn |
| 20th Mar | Price Monitoring Extension |
| 22nd Feb | FRO - Preliminary Fourth Quarter and Financial Yea |
| 11th Dec '12 | FRO - Termination of contracts for two OBO carrier |
