Company Frontline plc

Equities

FRO

CY0200352116

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-05-16 pm EDT 5-day change 1st Jan Change
27.32 USD +0.70% Intraday chart for Frontline plc +6.18% +36.26%

Business Summary

Frontline plc specializes in maritime transport of oil. In addition, the group is developing a vessel acquisition and sale activity.

At the end of 2023, the group had a fleet of 76 tankers broken down between 33 VLCCs (maximum tonnage of 200 to 320 Kt), 25 Suezmax (maximum tonnage of 120 to 170 Kt) and 18 LR2/Aframax (maximum tonnage of 111 to 115 Kt).

Frontline plc carries out its business through its subsidiaries and partner companies in Bermuda, Cyprus, Liberia, the Marshall Islands, Norway, the United Kingdom, Singapore and China.

Number of employees: 88

Sales per Business

USD in Million2022Weight2023Weight Delta
Voyage Charter
95.6 %
1,346 94.1 % 1,723 95.6 % +28.03%
Time Charter
3.5 %
72 5.0 % 64 3.5 % -11.17%
Administrative Income
0.8 %
12 0.9 % 15 0.8 % +22.03%

Sales per region

USD in Million2022Weight2023Weight Delta
Global
100.0 %
1,430 100.0 % 1,802 100.0 % +26.01%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 -
Director of Finance/CFO 61 11-12-31
Director/Board Member 80 97-11-02

Members of the board

Members of the board TitleAgeSince
Director/Board Member 80 97-11-02
Director/Board Member 58 22-05-01
Director/Board Member 61 18-09-20
Chairman 74 15-04-30
Director/Board Member 53 22-10-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 222,622,889 142,955,036 ( 64.21 %) 0 64.21 %

Shareholders

NameEquities%Valuation
79,145,703 35.55 % 1 855 M $
Folketrygdfondet
4.601 %
10,243,267 4.601 % 240 M $
Arrowstreet Capital LP
2.935 %
6,533,666 2.935 % 153 M $
Vanguard Fiduciary Trust Co.
2.378 %
5,292,977 2.378 % 124 M $
Fidelity Management & Research Co. LLC
1.437 %
3,200,076 1.437 % 75 M $
Two Sigma Advisers LP
1.048 %
2,333,300 1.048 % 55 M $
HSBC Bank Plc
0.8062 %
1,794,831 0.8062 % 42 M $
Alfred Berg Kapitalforvaltning AS
0.7683 %
1,710,350 0.7683 % 40 M $
Eika Kapitalforvaltning AS
0.7247 %
1,613,420 0.7247 % 38 M $
KLP Kapitalforvaltning AS
0.7061 %
1,572,015 0.7061 % 37 M $

Company contact information

Frontline Plc

8, John Kennedy Street Iris House

3106, Limmasol

+357 2 5588767

http://www.frontline.bm
address Frontline plc(FRO)

Group companies

NameCategory and Sector
Frontfleet II Ltd.
Frontfleet Ltd.
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