(FRO) Frontline - Ratings and Ratios

Frontline Ltd, listed on the New York Stock Exchange under the ticker symbol FRO, is a prominent player in the global shipping industry, specializing in the seaborne transportation of crude oil and oil products. With a vast network of operations spanning the world, the company's fleet is comprised of various types of oil and product tankers, each designed to cater to the diverse needs of its clients. As of December 31, 2023, the company's fleet consisted of 76 vessels, underscoring its significant presence in the maritime transportation sector.

The company's business model extends beyond just the ownership and operation of its vessels. It is also actively engaged in the charter, purchase, and sale of vessels, allowing it to dynamically respond to market demands and optimize its fleet composition. This strategic flexibility enables Frontline Ltd to navigate the complexities of the global oil and gas market with agility, capitalizing on opportunities as they arise. Founded in 1985, the company has established itself as a reliable and efficient transporter of oil and oil products, with its headquarters located in Limassol, Cyprus.

From an investment perspective, Frontline Ltd is categorized as a common stock, with its operations falling under the GICS Sub Industry of Oil & Gas Storage & Transportation. This classification reflects the company's core activities and its role within the broader energy sector. For investors seeking to diversify their portfolios with exposure to the shipping and energy industries, Frontline Ltd presents an interesting option. Its global reach, extensive fleet, and adaptive business strategy position it as a key participant in the international oil and gas supply chain. Further information about the company can be found on its official website, https://www.frontlineplc.cy, with its ISIN identified as CY0200352116.