Frontline Ltd.: Our Estimate For Q3 Earnings And Dividend

Nov. 10, 2022 6:41 AM ETFrontline plc (FRO)11 Comments
Tudor Invest Holdings profile picture
Tudor Invest Holdings
2.58K Followers

Summary

  • Tankers are enjoying healthy earnings and is one of the better performing parts of the shipping industry.
  • Short term, like 3 to 6 months should see higher EPS and dividend payments for companies like Frontline Ltd.
  • Investors have pushed up the price of the share, leaving the margin of safety slimmer than we like.
Aerial view of oil tankers in port

Medvedkov/iStock via Getty Images

Frontline Ltd. logo

Frontline Ltd. logo (Frontline Ltd.)

Investment thesis

The share price of Frontline Ltd. (NYSE:FRO) keeps improving and has been a good place to be invested since we upgraded it from a Hold to a Buy on the 1st

This article was written by

Tudor Invest Holdings profile picture
2.58K Followers
Tudor Investment Holdings Private Limited is a Singapore based investment company. Its investments are in commercial real estate and managing a global portfolio of investments in equities and bonds.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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