Frontline (FRO)

Frontline Ltd. is the world's fourth largest oil tanker shipping company , based in Hamilton, Bermuda and controlled by John Fredriksen. Its primary business is transporting crude oil. As of 2008 the company had one of the world's largest tanker fleets consisting of VLCC, Suezmax and Suezmax OBO carriers . Frontline has its origin in Frontline AB, which was founded in 1985, and which was listed on the Stockholm Stock Exchange from 1989 to 1997. Hemen Holding became the largest shareholder of Frontline in 1996. In May 1997, a decision was made at the general meeting in Frontline AB to change its domicile from Sweden to Bermuda and to list its shares on the Oslo Stock Exchange. The change of domicile was executed through a share for share exchange offer from the then newly formed Frontline in Bermuda.

Company profile

FRO stock data

Analyst ratings and price targets

Last 3 months


17 Mar 22
2 Jul 22
31 Dec 22
Quarter (USD) Dec 21 Dec 20 Dec 19 Dec 18
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
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Diluted EPS
61.0% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 126 116 +8.6%
Opened positions 31 23 +34.8%
Closed positions 21 29 -27.6%
Increased positions 30 33 -9.1%
Reduced positions 40 35 +14.3%
13F shares Current Prev Q Change
Total value 12.62B 924.55M +1265.4%
Total shares 124.19M 49.23M +152.3%
Total puts 590.9K 771.6K -23.4%
Total calls 1.17M 526.9K +121.9%
Total put/call ratio 0.5 1.5 -65.5%
Largest owners Shares Value Change
Hemen Holding 79.32M $682.95M NEW
SFL SFL 9.41M $107.52M 0.0%
BLK Blackrock 6.31M $55.53M -0.2%
Vanguard 4.46M $39.23M +7.0%
Marshall Wace 2.25M $19.78M NEW
JPM JPMorgan Chase & Co. 2.05M $18.04M +157.8%
STT State Street 1.82M $16.04M +8.1%
NTRS Northern Trust 1.67M $14.7M -2.4%
Bridgeway Capital Management 1.09M $9.56M +5.8%
Balyasny Asset Management 1.07M $9.42M NEW
Largest transactions Shares Bought/sold Change
Hemen Holding 79.32M +79.32M NEW
Folketrygdfondet 101.2K -11.4M -99.1%
Marshall Wace 2.25M +2.25M NEW
JPM JPMorgan Chase & Co. 2.05M +1.26M +157.8%
Balyasny Asset Management 1.07M +1.07M NEW
Cooper Creek Partners Management 0 -654.25K EXIT
Two Sigma Investments 646.26K +646.26K NEW
Privium Fund Management 641.3K +641.3K NEW
Schroder Investment Management 0 -523.31K EXIT
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 581.5K +512K +736.7%

Financial report summary


Content analysis

H.S. sophomore Avg
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