Frontline Plc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
18.0%projected annual EPS growth
Analyst Coverage
4analysts covering
FY Revenue (est.)
$2.4Bnext fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 29 Nov 2026 |
| Annual General Meeting 2026 | 10 Dec 2026 |
| Q4 2026 Earnings Release | 25 Feb 2027 |
Monitoring Framework
Key Performance Indicators
Average Time Charter Equivalent (TCE) Rate - VLCC Quarterly103.5KTarget: Maximize spot rate capture above cash breakeven of ~$22,000/day
Average Time Charter Equivalent (TCE) Rate - Suezmax Quarterly72.4KTarget: Maximize spot rate capture above cash breakeven of ~$18,000/day
Average Time Charter Equivalent (TCE) Rate - LR2/Aframax Quarterly50.7KTarget: Maximize spot rate capture above cash breakeven of ~$16,000/day
Fleet Spot Exposure Rate Quarterly100.0%Target: Maintain near 100% spot exposure to maximize earnings during market tightness
Watch Items
- Geopolitical Rerouting and Canal OpeningsTrigger: Full reopening of the Red Sea / Suez Canal or complete de-escalation in the Strait of HormuzAction: Re-evaluate ton-mile demand projections and adjust spot rate expectations downward as shipping routes shorten.
- Global Crude Tanker Orderbook DeliveriesTrigger: Delivery of newbuild VLCCs starting in 2028 (orderbook currently at ~27% of existing fleet)Action: Assess long-term fleet supply growth and potential rate compression; transition investment thesis from structural tightness to cyclical peak.
- Chinese Crude Oil Import VolumesTrigger: A drop of 3% or more in Chinese crude importsAction: Model potential downward pressure on VLCC spot rates, which are highly sensitive to Chinese demand.
Research as of 28 Jul 2026