What is Frontline Ltd?
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. The company is listed on the NYSE in USA, operating in the Energy sector, with a market capitalisation of 11.74B, and a P/E ratio of 7.7x.
A short list of Oil & Gas Midstream names that are close enough in size to make side-by-side comparison useful.