Frontline plc ("Frontline" or the "Company") hereby announces that 362,284 synthetic options have today been granted to management and employees of the Company. The synthetic options will have a five-year term expiring May 27, 2030, and will vest over a three-year vesting period as follows: 1/3 of the synthetic options will vest on May 27, 20261/3 of the synthetic options will vest on May 27, 2027 1/3 of the synthetic options will vest on May 27, 2028 The exercise price of the synthetic options is USD 16.8 ...

Group 1 - The presentation of Frontline plc's first quarter 2025 results is scheduled for a webcast/conference call on May 23, 2025, at 15:00 CET [1] - The information is subject to the disclosure requirements under the Norwegian Securities Trading Act [1]

Core Viewpoint - Frontline plc reported its first-quarter results for 2025, indicating stable performance amidst economic and political uncertainties, with improvements in fleet utilization and a strong liquidity position [1][2][3]. Financial Performance - The company achieved a profit of $33.3 million, or $0.15 per share, with an adjusted profit of $40.4 million, or $0.18 per share for Q1 2025 [5]. - Revenues for the first quarter were reported at $427.9 million [5]. - A cash dividend of $0.18 per share was declared for the first quarter of 2025 [5]. Fleet and Operations - Average daily spot time charter equivalent (TCE) earnings for VLCCs, Suezmax tankers, and LR2/Aframax tankers were $37,200, $31,200, and $22,300 respectively in Q1 2025 [5]. - Fleet growth remains slow, with ordering stalling, which supports the long-term fundamentals for tankers [2]. Liquidity and Financing - The company has strengthened its liquidity through refinancings in 2025, with no significant debt maturities until 2030 [3]. - Entered into three senior secured credit facilities in February 2025 for up to $239 million and a senior secured term loan facility in April 2025 for up to $1,286.5 million [5]. Market Outlook - Spot TCEs for the full second quarter of 2025 are expected to be lower than currently contracted due to ballast days [4]. - Utilization on larger ships has improved, and there are healthy developments in activity across segments due to pressure on sanctioned trades [2].

Frontline Plc (FRO) is scheduled to report its first-quarter 2025 results on May 23, before the market opens.The Zacks Consensus Estimate for earnings per share is currently pegged at 18 cents. The figure has remained stable over the past 60 days.Image Source: Zacks Investment ResearchFRO’s earnings have missed the Zacks Consensus Estimate in three of the last four quarters and met once, the average miss being 10%.Against this backdrop, let us take a look at the factors that might have shaped the company’s ...

Frontline plc.’s preliminary first quarter 2025 results will be released on Friday May 23, 2025, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. Webcast Go to the Investor Relations section at www.frontlineplc.cy and follow the “Webcast” link, o ...

There's one great reason why Frontline is outperforming Exxon and Conoco stocks today.Uh-oh. OPEC is up to something, and it's probably not good for oil stocks -- or more precisely, not good for all oil stocks.Over the weekend, the OPEC+ group of oil producing nations, plus a few that aren't officially a part of the cartel, such as Russia, announced plans to "surge" production of oil in June, as CNBC reports. Stocks of oil-producing companies including ExxonMobil (XOM -2.56%) and ConocoPhillips (COP -3.10%) ...

BASKING RIDGE, N.J., April 30, 2025 (GLOBE NEWSWIRE) -- Verizon Frontline today announced Ericsson Enterprise Wireless Solutions as the latest partner to earn “Verizon Frontline Verified” status. Ericsson Enterprise Wireless Solutions is the market leader in 4G and 5G Wireless WAN edge solutions for business, public sector, and public safety agencies. With Ericsson, organizations can connect sites, vehicles, mobile workforces, and IoT devices simply and securely using cellular technology. Ericsson joins th ...

Group 1 - Frontline (FRO) is outperforming the Transportation sector with a year-to-date gain of 1.1%, while the sector has lost about 12.1% on average [4][5] - The Zacks Rank for Frontline is 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for Frontline's full-year earnings has increased by 0.5% over the past 90 days, reflecting improving analyst sentiment [3] Group 2 - Frontline is part of the Transportation - Shipping industry, which has seen an average loss of 17.3% this year, further highlighting FRO's strong performance [5] - Grupo Aeroportuario del Centro Norte (OMAB) is another stock in the Transportation sector that has outperformed, with a year-to-date return of 11.9% [4] - The Transportation group is currently ranked 16 within the Zacks Sector Rank, which includes 16 different groups [2]

Core Viewpoint - Verizon Communications Inc. has successfully deployed Unmanned Aircraft Systems (UAS) to support the New Orleans Police Department during Mardi Gras, marking a significant advancement in public safety technology [1][2][7]. Group 1: Deployment and Technology - The deployment of UAS is part of Verizon's Frontline Crisis Response Team's efforts to enhance public safety during large-scale events like Mardi Gras, which contributes over $1 billion to the local economy annually [2][3]. - The UAS technology includes advanced features such as multiple camera types for various operational needs, capable of powering up in less than 40 seconds and reaching speeds of up to 45 miles per hour [4]. - Verizon's Frontline team conducted over 140 UAS flights, totaling more than 45 hours in the air, assisting the NOPD in maintaining safety during the festivities [4]. Group 2: Impact on Public Safety and Business - Verizon's commitment to public safety technology is reinforced through its innovative solutions, which are expected to generate increased demand and higher revenues, potentially boosting stock performance [7]. - The Frontline Crisis Response Team provides 24/7 emergency support, including portable cell sites and Wi-Fi hotspots, enhancing communication during crises [6]. - Verizon's extensive experience with public safety agencies positions it as a leader in the industry, addressing evolving needs and improving overall network performance [5][7]. Group 3: Stock Performance - Verizon's stock has seen a 4.4% increase over the past year, contrasting with the industry's growth of 35.2%, indicating a potential area for improvement [8].

Group 1: Qifu Technology, Inc. (QFIN) - Qifu Technology is a Credit-Tech platform in China providing technology services for financial institutions, consumers, and SMEs throughout the loan lifecycle [1] - The company has a Zacks Rank of 1 (Strong Buy) and its current year earnings estimate has increased by 8.3% over the last 60 days [1] - Qifu Technology has a price-to-earnings ratio (P/E) of 5.21, significantly lower than the industry average of 11.30, and holds a Value Score of A [2] Group 2: Newmark Group (NMRK) - Newmark Group is a commercial real estate advisory firm offering a range of services including investment sales, debt and structured finance, and property management [3] - The company also carries a Zacks Rank of 1 and has seen its current year earnings estimate increase by 3.6% over the last 60 days [3] - Newmark Group has a P/E ratio of 7.30 compared to the industry average of 10.30, and it possesses a Value Score of A [4] Group 3: FRONTLINE PLC (FRO) - FRONTLINE PLC is engaged in the seaborne transportation of crude oil and oil products [4] - The company has a Zacks Rank of 1 and its current year earnings estimate has increased by 10.4% over the last 60 days [4] - FRONTLINE has a P/E ratio of 6.41, lower than the industry average of 8.90, and holds a Value Score of B [5]