FRO

FrontlineB

NYSE / Energy

At close

2026-06-02

Current thesis

The company-source quarter was strong: $559.1 million of profit, $344.9 million of adjusted profit, a $1.55 dividend, very high Q1 spot TCEs, vessel-sale gains, and disclosed financing/charter actions all support cash generation into the next reporting checkpoint.

Posture

Constructive

Lead driver

Momentum

What changed

3 setup hits (3d) with net bullish as of 2026-06-02.

What can break

Large financing and fleet-refresh commitments, including up to $737.0 million tied to nine ECO VLCC newbuildings plus additional refinancing capacity, keep capital-allocation and leverage sensitivity on the table.

Momentum

Value

Sentiment

Setup hits (3d)

3 · Net Bullish

AI TargetsBase $37.21 · Bull $42.00 · Bear $30.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-24 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Bullish

Target $37.21

Why

Momentum66 · Δ7d +10.3

Value51 · Δ7d +0.4

Sentiment58 · Δ7d +10.0

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

+10.3

Δ21d

+5.2

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.4

Δ21d

+1.1

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+10.0

Δ21d

+43.5

Why this grade

Composite grade B. Momentum 66.4 / Value 51.4 / Sentiment 57.7

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$7.76B

Beta

0.06

Shares Out

222.62M

P/E (TTM)

21.2

P/S (TTM)

2.62

P/FCF (TTM)

14.62

Rev YoY

-11.8%

EPS YoY

-33.3%

Gross Margin

+45.2%

Op Margin

+25.5%

Net Debt

$3.33B

Current Ratio

1.37

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology