22.75 USD
0.11
0.48%
Last update Dec 15, 3:59 PM EST
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Day range
22.54000
22.91000
Previous close
22.86000
Open
22.86000
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Frontline Plc
22.75
0.11
0.48%

Overview

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Description

Frontline Plc is a leading global shipping company specializing in the transportation of crude oil and refined petroleum products. Primarily operating through its large fleet of tankers, Frontline's main function is to provide critical logistical support to the oil industry by facilitating the movement of oil from production sites to refineries and consumption markets worldwide. The company plays a significant role in the global energy supply chain, impacting both upstream and downstream activities within the oil and gas sector. Headquartered in Bermuda, Frontline Plc has established itself as a key player in maritime logistics, ensuring that energy commodities reach their intended destinations efficiently and reliably. The company’s fleet management and operational strategies are designed to optimize tanker utilization and minimize costs, positioning Frontline as a competitive force in the international shipping industry. This strategic approach not only aids in stabilizing global oil supply dynamics but also supports international trade by maintaining efficient and timely delivery of essential energy resources.

About

CEO
Employees
85
Address
Iris House
7th floor, Flat/Office 740B 8, John Kennedy Street
Limassol, 3106
Phone
357 2 5588767
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Midstream
Country
United States
MIC code
XNYS
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