Frontline (FRO)
Owns and operates crude-oil and product tankers for international seaborne transport.
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Owns and operates crude-oil and product tankers for international seaborne transport. Technical and commercial leadership sits with Frontline Management AS; the Cyprus-incorporated parent is listed primarily in New York and secondarily in Oslo, and its fleet expanded through a 24-VLCC purchase from Euronav/CMB.TECH.
Owns and operates oil and product tankers for international seaborne transport. Technical and commercial leadership sits with Frontline Management AS, while the parent is incorporated in Cyprus and listed primarily in New York. The company traces its origin to Frontline AB, founded in Sweden in 1985.
The present organization follows a series of restructurings and combinations, including a mid-2010s recombination with Frontline 2012. A later settlement with Euronav/CMB.TECH resulted in the purchase of a 24-VLCC fleet and ended arbitration. NYSE remains the primary listing, with a secondary listing in Oslo.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 18, 2026 | BTIG | Reiterate | Rating: —Target: $35 | Target: $70 |
| Aug 31, 2026 | Nordea | Downgrade | Rating: — | |
| Aug 21, 2026 | Danske Bank | Downgrade | ||
| Apr 22, 2026 | Evercore ISI Group | Downgrade | ||
| Feb 27, 2026 | Evercore ISI | Target | Target: $26 | Target: $42 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $322.3M · Total debt $2.43B · Total assets $5.81B · Shareholders' equity $3.16B
- Revenue
- $943.3M
- Operating income
- $596.1M
- Net income
- $659.2M
HistoryDividendAnnual yield
| Institutions | 29.10% | 64.79M ADS | |
|---|---|---|---|
| 289 holders · as of Jun 30, 2026 | |||
| Insiders | 5.17% | 11.50M ADS | |
| 1 holder · as of Feb 1, 2022 | |||
| Other | 65.73% | 146.34M ADS | |
| remainder | |||
222.62M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FolketrygdfondetInsider | 5.17% | 11.50M | filed Feb 1, 2022 |
FMR LLCInstitution | 3.10% | 6.90M ADS | as of Jun 30, 2026 |
Arrowstreet Capital, Limited PartnershipInstitution | 3.01% | 6.71M ADS | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 2.02% | 4.50M ADS | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 1.41% | 3.14M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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- Nordic American Tankers
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Frontline | $47.53 | −0.77% | $11.09B | 7.5 | 6.1 | 4.1 | +166.2% |
| DHT | $21.39 | +0.02% | $3.62B | 7.6 | 6.4 | 5.0 | +174.7% |
| International Seaways | $103.95 | +0.07% | $5.40B | 7.0 | 8.6 | 4.3 | +121.9% |
| Teekay Tankers | $95.60 | +0.03% | $3.42B | 5.8 | 6.3 | 3.0 | +10.9% |
| Okeanis Eco Tankers (ADR) | $77.53 | −0.01% | $2.70B | 7.7 | 6.0 | 3.8 | +185.4% |
| Nordic American Tankers | $7.68 | +0.22% | $1.69B | 13.7 | 9.8 | 4.6 | +18.8% |
| Median | 7.6 | 6.4 | 4.3 | +121.9% |