Frontline Ltd. Logo

Frontline Ltd.

FRO.OL

(2.2)
Stock Price

209,50 NOK

9.38% ROA

25.55% ROE

9.25x PER

Market Cap.

5.501.694.164,99 NOK

159.07% DER

7.68% Yield

30.86% NPM

Frontline Ltd. Stock Analysis

Frontline Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Frontline Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (37.43%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 PBV

The stock's PBV ratio (2.13x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 DER

The stock maintains a fair debt to equity ratio (100%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-498), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Frontline Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Frontline Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Buy
4 Stoch RSI Sell

Frontline Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Frontline Ltd. Revenue
Year Revenue Growth
1993 25.000.000
1994 29.200.000 14.38%
1995 33.500.000 12.84%
1996 42.000.000 20.24%
1997 32.900.000 -27.66%
1998 203.860.000 83.86%
1999 253.214.000 19.49%
2000 599.944.000 57.79%
2001 647.345.000 7.32%
2002 416.521.000 -55.42%
2003 1.173.783.000 64.51%
2004 1.855.666.000 36.75%
2005 1.513.833.000 -22.58%
2006 1.583.863.000 4.42%
2007 1.299.927.000 -21.84%
2008 2.246.311.000 42.13%
2009 1.136.347.000 -97.68%
2010 1.165.215.000 2.48%
2011 810.102.000 -43.84%
2012 668.107.000 -21.25%
2013 517.190.000 -29.18%
2014 559.688.000 7.59%
2015 458.934.000 -21.95%
2016 754.306.000 39.16%
2017 646.326.000 -16.71%
2018 742.266.000 12.93%
2019 957.322.000 22.46%
2020 1.221.187.000 21.61%
2021 749.381.000 -62.96%
2022 1.430.208.000 47.6%
2023 1.508.340.000 5.18%
2023 1.802.184.000 16.3%
2024 2.224.104.000 18.97%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Frontline Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Frontline Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
1993 3.600.000
1994 3.600.000 0%
1995 4.400.000 18.18%
1996 0 0%
1997 0 0%
1998 7.757.000 100%
1999 11.783.000 34.17%
2000 9.326.000 -26.35%
2001 13.176.000 29.22%
2002 0 0%
2003 0 0%
2004 0 0%
2005 32.761.393 100%
2006 57.065.277 42.59%
2007 56.868.102 -0.35%
2008 220.170.701 74.17%
2009 169.502.860 -29.89%
2010 197.000.000 13.96%
2011 0 0%
2012 88.518.000 100%
2013 31.628.000 -179.87%
2014 77.687.000 59.29%
2015 10.582.000 -634.14%
2016 37.026.000 71.42%
2017 37.603.000 1.53%
2018 37.294.000 -0.83%
2019 45.019.000 17.16%
2020 58.806.000 23.44%
2021 27.891.000 -110.84%
2022 48.300.000 42.25%
2023 61.192.000 21.07%
2023 53.528.000 -14.32%
2024 50.264.000 -6.49%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Frontline Ltd. EBITDA
Year EBITDA Growth
1993 12.600.000
1994 13.500.000 6.67%
1995 16.200.000 16.67%
1996 21.500.000 24.65%
1997 15.100.000 -42.38%
1998 169.412.000 91.09%
1999 206.212.000 17.85%
2000 410.754.000 49.8%
2001 384.348.000 -6.87%
2002 233.987.000 -64.26%
2003 94.832.000 -146.74%
2004 771.549.000 87.71%
2005 432.987.000 -78.19%
2006 300.339.000 -44.17%
2007 -117.754.000 355.06%
2008 1.117.305.000 110.54%
2009 501.674.000 -122.72%
2010 535.631.000 6.34%
2011 -71.678.000 847.27%
2012 142.099.000 150.44%
2013 84.151.000 -68.86%
2014 72.548.000 -15.99%
2015 235.914.000 69.25%
2016 385.497.000 38.8%
2017 226.198.000 -70.42%
2018 209.344.000 -8.05%
2019 365.608.000 42.74%
2020 648.579.000 43.63%
2021 182.831.000 -254.74%
2022 616.047.000 70.32%
2023 633.480.000 2.75%
2023 974.589.000 35%
2024 1.372.584.000 29%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Frontline Ltd. Gross Profit
Year Gross Profit Growth
1993 16.400.000
1994 19.300.000 15.03%
1995 21.600.000 10.65%
1996 28.000.000 22.86%
1997 22.900.000 -22.27%
1998 203.860.000 88.77%
1999 253.214.000 19.49%
2000 477.138.000 46.93%
2001 484.035.000 1.42%
2002 246.601.000 -96.28%
2003 651.572.000 62.15%
2004 1.324.360.000 50.8%
2005 1.016.199.000 -30.32%
2006 962.987.000 -5.53%
2007 694.350.000 -38.69%
2008 1.220.187.000 43.09%
2009 710.591.000 -71.71%
2010 686.828.000 -3.46%
2011 261.704.000 -162.44%
2012 110.984.000 -135.8%
2013 3.599.000 -2983.75%
2014 102.176.000 96.48%
2015 188.877.000 45.9%
2016 264.261.000 28.53%
2017 89.811.000 -194.24%
2018 90.061.000 0.28%
2019 278.512.000 67.66%
2020 536.699.000 48.11%
2021 30.608.000 -1653.46%
2022 481.000.000 93.64%
2023 518.600.000 7.25%
2023 776.114.000 33.18%
2024 867.992.000 10.59%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Frontline Ltd. Net Profit
Year Net Profit Growth
1993 4.200.000
1994 8.400.000 50%
1995 1.800.000 -366.67%
1996 2.000.000 10%
1997 6.300.000 68.25%
1998 26.999.000 76.67%
1999 -86.896.000 131.07%
2000 313.867.000 127.69%
2001 382.728.000 17.99%
2002 -8.899.000 4400.8%
2003 409.360.000 102.17%
2004 1.023.382.000 60%
2005 606.839.000 -68.64%
2006 516.000.000 -17.6%
2007 570.418.000 9.54%
2008 698.770.000 18.37%
2009 102.701.000 -580.39%
2010 161.407.000 36.37%
2011 -529.601.000 130.48%
2012 -82.754.000 -539.97%
2013 -188.509.000 56.1%
2014 -162.938.000 -15.69%
2015 154.624.000 205.38%
2016 117.010.000 -32.15%
2017 -264.862.000 144.18%
2018 -8.398.000 -3053.87%
2019 139.972.000 106%
2020 412.875.000 66.1%
2021 -11.148.000 3803.58%
2022 475.537.000 102.34%
2023 430.972.000 -10.34%
2023 656.414.000 34.34%
2024 750.296.000 12.51%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Frontline Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1993 0
1994 1 0%
1995 0 0%
1996 -2 100%
1997 2 200%
1998 3 66.67%
1999 -9 137.5%
2000 21 138.1%
2001 25 12.5%
2002 -1 0%
2003 27 100%
2004 69 60.29%
2005 41 -70%
2006 35 -17.65%
2007 38 10.53%
2008 46 15.56%
2009 7 -650%
2010 10 40%
2011 -34 129.41%
2012 -5 -580%
2013 -12 54.55%
2014 -1 -1000%
2015 1 200%
2016 1 0%
2017 -2 100%
2018 0 0%
2019 1 0%
2020 2 100%
2021 0 0%
2022 2 100%
2023 0 0%
2023 3 100%
2024 36 94.44%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Frontline Ltd. Free Cashflow
Year Free Cashflow Growth
1993 -18.800.000
1994 18.500.000 201.62%
1995 8.100.000 -128.4%
1996 15.400.000 47.4%
1997 9.600.000 -60.42%
1998 -277.087.000 103.46%
1999 -160.341.000 -72.81%
2000 -164.398.000 2.47%
2001 91.477.000 279.72%
2002 -234.819.000 138.96%
2003 456.691.000 151.42%
2004 782.840.000 41.66%
2005 421.611.000 -85.68%
2006 261.737.000 -61.08%
2007 208.036.000 -25.81%
2008 169.360.000 -22.84%
2009 151.471.000 -11.81%
2010 -231.303.000 165.49%
2011 -25.150.000 -819.69%
2012 54.071.000 146.51%
2013 -49.706.000 208.78%
2014 8.404.000 691.46%
2015 -579.426.000 101.45%
2016 -336.445.000 -72.22%
2017 -587.865.000 42.77%
2018 -170.139.000 -245.52%
2019 84.215.000 302.03%
2020 -120.258.000 170.03%
2021 -399.468.000 69.9%
2022 52.930.000 854.71%
2023 -775.242.000 106.83%
2023 -12.891.000 -5913.82%
2024 223.243.000 105.77%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Frontline Ltd. Operating Cashflow
Year Operating Cashflow Growth
1993 10.800.000
1994 18.800.000 42.55%
1995 8.400.000 -123.81%
1996 15.700.000 46.5%
1997 9.900.000 -58.59%
1998 74.916.000 86.79%
1999 46.486.000 -61.16%
2000 271.582.000 82.88%
2001 477.607.000 43.14%
2002 142.025.000 -236.28%
2003 523.280.000 72.86%
2004 909.787.000 42.48%
2005 979.774.000 7.14%
2006 831.556.000 -17.82%
2007 545.810.000 -52.35%
2008 807.255.000 32.39%
2009 298.820.000 -170.15%
2010 317.643.000 5.93%
2011 57.228.000 -455.05%
2012 68.574.000 16.55%
2013 -42.684.000 260.66%
2014 53.394.000 179.94%
2015 207.346.000 74.25%
2016 286.015.000 27.51%
2017 125.695.000 -127.55%
2018 46.171.000 -172.24%
2019 280.187.000 83.52%
2020 604.058.000 53.62%
2021 62.932.000 -859.86%
2022 370.895.000 83.03%
2023 856.181.000 56.68%
2023 71.437.000 -1098.51%
2024 232.677.000 69.3%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Frontline Ltd. Capital Expenditure
Year Capital Expenditure Growth
1993 29.600.000
1994 300.000 -9766.67%
1995 300.000 0%
1996 300.000 0%
1997 300.000 0%
1998 352.003.000 99.91%
1999 206.827.000 -70.19%
2000 435.980.000 52.56%
2001 386.130.000 -12.91%
2002 376.844.000 -2.46%
2003 66.589.000 -465.93%
2004 126.947.000 47.55%
2005 558.163.000 77.26%
2006 569.819.000 2.05%
2007 337.774.000 -68.7%
2008 637.895.000 47.05%
2009 147.349.000 -332.91%
2010 548.946.000 73.16%
2011 82.378.000 -566.37%
2012 14.503.000 -468.01%
2013 7.022.000 -106.54%
2014 44.990.000 84.39%
2015 786.772.000 94.28%
2016 622.460.000 -26.4%
2017 713.560.000 12.77%
2018 216.310.000 -229.88%
2019 195.972.000 -10.38%
2020 724.316.000 72.94%
2021 462.400.000 -56.64%
2022 317.965.000 -45.42%
2023 1.631.423.000 80.51%
2023 84.328.000 -1834.62%
2024 9.434.000 -793.87%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Frontline Ltd. Equity
Year Equity Growth
1993 108.500.000
1994 116.000.000 6.47%
1995 117.500.000 1.28%
1996 119.400.000 1.59%
1997 125.400.000 4.78%
1998 457.681.000 72.6%
1999 595.202.000 23.1%
2000 1.035.560.000 42.52%
2001 1.259.223.000 17.76%
2002 1.226.973.000 -2.63%
2003 1.255.417.000 2.27%
2004 1.246.698.000 -0.7%
2005 1.185.916.000 -5.13%
2006 1.209.682.000 1.96%
2007 445.969.000 -171.25%
2008 708.854.000 37.09%
2009 750.748.000 5.58%
2010 759.037.000 1.09%
2011 213.479.000 -255.56%
2012 131.149.000 -62.78%
2013 -18.051.000 826.55%
2014 -70.649.000 74.45%
2015 1.446.343.000 104.88%
2016 1.499.769.000 3.56%
2017 1.187.629.000 -26.28%
2018 1.164.217.000 -2.01%
2019 1.510.208.000 22.91%
2020 1.611.553.000 6.29%
2021 1.652.542.000 2.48%
2022 2.267.581.000 27.12%
2023 2.225.880.000 -1.87%
2023 2.277.346.000 2.26%
2024 2.425.789.000 6.12%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Frontline Ltd. Assets
Year Assets Growth
1993 179.900.000
1994 178.700.000 -0.67%
1995 242.000.000 26.16%
1996 234.900.000 -3.02%
1997 172.200.000 -36.41%
1998 1.379.521.000 87.52%
1999 1.726.793.000 20.11%
2000 2.780.988.000 37.91%
2001 3.033.774.000 8.33%
2002 3.034.743.000 0.03%
2003 4.463.535.000 32.01%
2004 4.338.760.000 -2.88%
2005 4.567.839.000 5.02%
2006 4.589.937.000 0.48%
2007 3.762.091.000 -22%
2008 4.027.728.000 6.6%
2009 3.715.218.000 -8.41%
2010 3.797.920.000 2.18%
2011 1.840.569.000 -106.34%
2012 1.688.221.000 -9.02%
2013 1.367.605.000 -23.44%
2014 962.179.000 -42.14%
2015 2.886.654.000 66.67%
2016 2.966.317.000 2.69%
2017 3.133.728.000 5.34%
2018 3.077.841.000 -1.82%
2019 3.697.818.000 16.77%
2020 3.918.221.000 5.63%
2021 4.117.098.000 4.83%
2022 4.776.125.000 13.8%
2023 4.600.015.000 -3.83%
2023 5.882.766.000 21.81%
2024 6.451.415.000 8.81%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Frontline Ltd. Liabilities
Year Liabilities Growth
1993 71.400.000
1994 62.700.000 -13.88%
1995 124.500.000 49.64%
1996 115.500.000 -7.79%
1997 46.800.000 -146.79%
1998 921.840.000 94.92%
1999 1.131.591.000 18.54%
2000 1.745.428.000 35.17%
2001 1.774.551.000 1.64%
2002 1.807.770.000 1.84%
2003 3.208.118.000 43.65%
2004 3.092.062.000 -3.75%
2005 3.381.923.000 8.57%
2006 3.380.255.000 -0.05%
2007 3.316.122.000 -1.93%
2008 3.318.874.000 0.08%
2009 2.964.470.000 -11.96%
2010 3.038.883.000 2.45%
2011 1.627.090.000 -86.77%
2012 1.557.072.000 -4.5%
2013 1.385.656.000 -12.37%
2014 1.032.828.000 -34.16%
2015 1.440.311.000 28.29%
2016 1.466.548.000 1.79%
2017 1.946.099.000 24.64%
2018 1.913.624.000 -1.7%
2019 2.187.610.000 12.52%
2020 2.306.668.000 5.16%
2021 2.464.556.000 6.41%
2022 2.508.544.000 1.75%
2023 2.374.135.000 -5.66%
2023 3.605.420.000 34.15%
2024 4.025.626.000 10.44%

Frontline Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.65
Net Income per Share
2.67
Price to Earning Ratio
9.25x
Price To Sales Ratio
2.86x
POCF Ratio
9.55
PFCF Ratio
-2.9
Price to Book Ratio
2.27
EV to Sales
4.67
EV Over EBITDA
9.12
EV to Operating CashFlow
15.63
EV to FreeCashFlow
-4.75
Earnings Yield
0.11
FreeCashFlow Yield
-0.34
Market Cap
5,50 Bil.
Enterprise Value
9,00 Bil.
Graham Number
25.59
Graham NetNet
-16.43

Income Statement Metrics

Net Income per Share
2.67
Income Quality
1.1
ROE
0.26
Return On Assets
0.09
Return On Capital Employed
0.13
Net Income per EBT
0.99
EBT Per Ebit
0.79
Ebit per Revenue
0.39
Effective Tax Rate
0.01

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.37
Operating Profit Margin
0.39
Pretax Profit Margin
0.31
Net Profit Margin
0.31

Dividends

Dividend Yield
0.08
Dividend Yield %
7.68
Payout Ratio
0.78
Dividend Per Share
20.32

Operating Metrics

Operating Cashflow per Share
2.59
Free CashFlow per Share
-8.51
Capex to Operating CashFlow
4.29
Capex to Revenue
1.28
Capex to Depreciation
11.59
Return on Invested Capital
0.12
Return on Tangible Assets
0.09
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
11.1

Balance Sheet

Cash per Share
1,65
Book Value per Share
10,90
Tangible Book Value per Share
10.39
Shareholders Equity per Share
10.9
Interest Debt per Share
18.37
Debt to Equity
1.59
Debt to Assets
0.6
Net Debt to EBITDA
3.55
Current Ratio
1.38
Tangible Asset Value
2,31 Bil.
Net Current Asset Value
-3,17 Bil.
Invested Capital
5787350000
Working Capital
0,24 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.7

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Frontline Ltd. Dividends
Year Dividends Growth
2001 4
2002 2 -100%
2003 30 93.33%
2004 84 63.86%
2005 65 -29.69%
2006 44 -48.84%
2007 40 -10.26%
2008 45 11.36%
2009 6 -780%
2010 13 58.33%
2011 1 -1100%
2015 0 0%
2016 9 100%
2017 3 -300%
2019 1 0%
2020 15 100%
2022 2 -1400%
2023 31 96.67%
2024 17 -76.47%

Frontline Ltd. Profile

About Frontline Ltd.

Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.

CEO
Mr. Lars H. Barstad
Employee
88
Address
Par-la-Ville Place
Hamilton, HM 08

Frontline Ltd. Executives & BODs

Frontline Ltd. Executives & BODs
# Name Age
1 Ms. Inger Marie Klemp
Chief Financial Officer of Frontline Management AS
70
2 Marios Saveriades
Secretary
70
3 Mr. Lars H. Barstad
Chief Executive Officer of Frontline Management AS
70

Frontline Ltd. Competitors

BW LPG Limited Logo
BW LPG Limited

BWLPG.OL

(3.0)
FLEX LNG Ltd. Logo
FLEX LNG Ltd.

FLNG.OL

(2.2)
Avance Gas Holding Ltd Logo
Avance Gas Holding Ltd

AGAS.OL

(2.8)
TORM plc Logo
TORM plc

TRMD-A.CO

(2.5)