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Frontline's Aggressive Acquisition Strategy Pays Off Amid Global Disruptions
FROFrontline(FRO) Seeking Alpha·2024-06-03 12:53
joeygilFrontline (NYSE:FRO) reported earnings last week, which makes it a great time to check into how the company is doing. My last article on this name dates back to November 1, 2023 when it was busy acquiring the Euronav fleet. Things could hardly have worked out better for Frontline. After they made an aggressive major acquisition, the market remained strong to extremely strong for an extended period of time. That same month, Houthis started disrupting trade in the Bab-el-Mandeb Strait, although ini ...