CY0200352116 - Common Stock
NYSE:FRO (2/1/2023, 10:20:37 AM)+0.65 (+4.7%)
|GICS Industry||Oil, Gas & Consumable Fuels|
|Earnings (Last)||11-30 2022-11-30/bmo||Earnings (Next)||02-28 2023-02-28|
|Ins Owners||N/A||Inst Owners||36.24%|
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Frontline Plc is a CY-based company operating in Oil, Gas & Consumable Fuels industry. FRONTLINE PLC is a Cyprus-based company primarily operating in the transportation sector. The firm's main focus is on seaborne transportation of crude oil and refined products. The firm owns and operates a fleet consisting of multiple VLCC, Suezmax and LR2 / Aframax tankers intended for freight of oil and cargo. The firm operates worldwide.
Limassol HM 08
CEO: Lars H. Barstad
Frontline (FRO) said Euronav (EURN) has filed an application for arbitration over the merits of Frontline's (FRO) decision to terminate the planned merger of the two oil tanker operators
Euronav (EURN) said Wednesday it is disputing Frontline's (FRO) right to end the merger agreement between the companies and is considering its options, including arbitration and legal action
The oil tanker companies are parting ways.
Some investors want businesses to combine forces, while others would prefer they not.
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