May 20, 2013
(Wall Street Sector Selector,
5/25/11)
Norway's Frontline, which operates the world's largest oil tanker fleet, announced an 81-percent decline in net income for the first quarter compared to last year.
The company issued a grim outlook: “It is hard to see a strong recovery in the t...
(Value Investing Experiments,
4/18/11)
Recent price: 22.51$P/E Ratio: 10.863 Months Target Price: 27.50$
Company DescriptionAccording to Reuters' data, Frontline Ltd. is a shipping company. The Company is engaged primarily in the...
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(Penny Stock DD,
1/31/11)
BancorpSouth, Inc. (NYSE:BXS) went up by 5.80% and closed at $15.70 whereas overall traded volume stood at 3.70 million shares for the day. The company stands in profit with the profit...(read more)
Frontline (FRO) Company Overview
Frontline Ltd. (NYSE: FRO) is a shipping company that transports crude oil and, less frequently, dry cargo.[1] The company derives most of its revenue from short term (single voyage or per day) contracts. These contracts are more lucrative than longer term contracts, but are also less predictable in terms of their frequency.
FRO's business depends on demand for petroleum and petroleum products. In recent years, the breakneck pace of economic development in countries like China and India has led to increasing demand for oil. FRO has benefited from this trend as the world's growing appetite for oil has led to increasing employment opportunities.
(Read more at Wikinvest
) What's in this FRO analysis on Wikinvest...
- Company Overview
- Business and Financial Metrics
- Trends and Forces
- The growth in world oil demand drives Frontline's business
- The growth of trade in liquefied natural gas (LNG) could turn the tanker industry's focus away from crude oil transportation
- Developments in alternative energies could, in the long-term, result in a decrease in oil demand
- Competition
- References