Mark Friedman - Frontline Chief Marketing Officer

FRO Stock  USD 21.89  0.03  0.14%   

Insider

Mark Friedman is Chief Marketing Officer of Frontline since 2021.
Tenure 3 years
Address Iris House, Limassol, Cyprus, 3106
Phone357 2 5588767
Webhttps://www.frontlineplc.cy

Frontline Management Efficiency

The company has Return on Asset of 0.0746 % which means that on every $100 spent on assets, it made $0.0746 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2518 %, implying that it generated $0.2518 on every 100 dollars invested. Frontline's management efficiency ratios could be used to measure how well Frontline manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Frontline's Return On Tangible Assets are very stable compared to the past year. As of the 17th of October 2024, Return On Assets is likely to grow to 0.12, while Return On Capital Employed is likely to drop 0.10. At this time, Frontline's Non Current Assets Total are very stable compared to the past year. As of the 17th of October 2024, Non Currrent Assets Other is likely to grow to about 373.3 M, while Total Assets are likely to drop about 3 B.
Frontline has 3.46 B in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. Frontline has a current ratio of 1.04, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Frontline to invest in growth at high rates of return.

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Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. The company was founded in 1985 and is based in Hamilton, Bermuda. Frontline operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 79 people. Frontline (FRO) is traded on New York Stock Exchange in USA. It is located in Iris House, Limassol, Cyprus, 3106 and employs 88 people. Frontline is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Frontline Leadership Team

Elected by the shareholders, the Frontline's board of directors comprises two types of representatives: Frontline inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Frontline. The board's role is to monitor Frontline's management team and ensure that shareholders' interests are well served. Frontline's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Frontline's outside directors are responsible for providing unbiased perspectives on the board's policies.
James OShaughnessy, Independent Director
Robert MaCleod, Chief Executive Officer for Frontline Management AS, Director
Mark Friedman, Chief Marketing Officer
Lars Barstad, Interim Chief Executive Officer of Frontline Management AS
Ulrika Laurin, Independent Director
Tor Svelland, Independent Director
John Fredriksen, Chairman of the Board, President and Director
Jens Jensen, Director
Marios Saveriades, Secretary
Inger Klemp, Chief Financial Officer of Frontline Management AS, Principal Financial Officer
Ola Lorentzon, Independent Chairman of the Board

Frontline Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Frontline a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Frontline

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Frontline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Frontline will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Frontline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Frontline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Frontline to buy it.
The correlation of Frontline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frontline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontline moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Frontline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontline. If investors know Frontline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
1.91
Earnings Share
2.67
Revenue Per Share
8.654
Quarterly Revenue Growth
0.084
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontline's market value can be influenced by many factors that don't directly affect Frontline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.