SANTA FE, N.M., June 04, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently deployed in support of more than 1,000 first responders battling multiple wildfires in New Mexico. The team delivered Satellite Picocells on Trailers (SPOTs) and multiple other Verizon Frontline solutions to a fire base camp in the Santa Fe National Forest and the Lincoln County (New Mexico) Emergency Operations Center (EOC) to help provide first responders on the front lines of fire response and containmen ...

文章核心观点 - 公司最近完成了对Euronav公司的大规模收购,这有助于公司在当前强劲的市场环境中获得更好的表现 [4] - 公司的业务受益于乌克兰战争和红海地区的贸易中断,这增加了航运需求 [5][6] - 公司的船队结构和订单情况较为有利,未来供给端压力较小 [9][10][11] - 公司采取了积极的股东回报政策,将大部分利润分配给股东 [12][13] 行业总结 - 航运市场整体保持强劲,主要受益于乌克兰战争和红海地区的贸易中断 [5][6] - 未来供给端压力较小,因为行业订单和船厂产能有限 [9][10][11] - 行业内公司正采取积极的股东回报政策,提高了投资吸引力 [12][13] 公司总结 - 公司通过收购Euronav扩大了船队规模,有助于在强劲市场中获得更好的表现 [4] - 公司的船队结构较为优秀,大部分为新型环保型船舶 [3] - 公司采取了积极的股东回报政策,将大部分利润分配给股东 [12][13] - 公司未来的盈利能力预计较为乐观,分析师预测全年每股收益在2.45美元到3.85美元之间 [14]

分组1 - 公司已完成从Euronav收购24艘VLCC船舶的交付,并出售了7艘较老的船舶,拥有一支平均船龄5.9年、99%为节能型、56%装有脱硫装置的现代化船队 [2][9][10] - 公司一季度VLCC、Suezmax和LR2船舶的日租金分别为41,100美元、45,800美元和54,300美元,LR2船舶的日租金达到了VLCC的水平 [3][4] - 公司二季度已有78%的VLCC、73%的Suezmax和72%的LR2/Aframax船舶的航次已预订,日租金分别为60,400美元、46,400美元和64,700美元 [4] - 公司一季度实现净利润1.808亿美元,调整后净利润1.379亿美元,较上季度增加3,580万美元,主要由于租金收益增加 [6][7] 分组2 - 公司目前拥有41艘VLCC、23艘Suezmax和18艘LR2型油轮,预计2024年全年的平均现金成本为每天27,100美元 [10][11] - 公司认为未来10年内需要新建400艘VLCC、300艘Suezmax、187艘LR2和400艘Aframax型油轮来替换老旧船舶,但全球船厂产能有限,这是一个结构性问题 [30][33][34] - 公司认为油品需求将继续增长,但航运供给增长面临挑战,期租市场也显示出强劲态势 [35][37] 问答环节重要的提问和回答 问题1 **Omar Nokta 提问** 询问公司出售7艘老船舶后获得的2.75亿美元现金的用途 [40] **Inger Klemp 回答** 公司用这些现金偿还了之前用于收购Euronav船舶的395百万美元债务 [41] 问题2 **Gregory Lewis 提问** 询问公司对期租市场的看法以及未来是否会继续增加期租覆盖 [57] **Lars Barstad 回答** 公司会谨慎地增加期租覆盖,目前已达到30%的目标水平,未来会根据市场情况适当增加 [58][59] 问题3 **Petter Haugen 提问** 询问公司是否看到大客户对2027/2028年交付的新船有5-7年期租需求,以及可能的租金水平 [69] **Lars Barstad 回答** 公司确实看到了油公司等大客户对5-7年期租的需求,可能的租金水平在每天50,000美元左右 [70][72]

Frontline Plc (FRO) is expected to report its first-quarter 2024 results on May 30 before market open.FRO missed the Zacks Consensus Estimate for earnings in three of the last four quarters and met once, the average miss being 12.2%. The Zacks Consensus Estimate for earnings per share in the to-be-reported quarter has improved 14.29% over the past 60 days.Against this backdrop, let’s take a look at the factors that may have shaped the company’s March-quarter performance.Frontline’s performance in the first ...

Lifileucel TIL Cell Therapy in Combination with Pembrolizumab DemonstratesDeep, Durable Responses in Frontline Advanced Melanoma Patientsin IOV-COM-202 Clinical Study ASCO Oral Presentation to Highlight 65% Objective Response Rate (ORR) and 30% Complete Response Rate Nearly All Responses Remain Ongoing at a Median Follow-up of 21.7 Months in the Oral Presentation Data in Published Abstract and Upcoming Oral PresentationStrongly Support Ongoing TILVANCE-301 Phase 3 Trial SAN CARLOS, Calif., May 23, 2024 (GL ...

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Frontline (FRO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.Frontline is one of 132 individual stocks in the Transportation sector. Col ...

Stagflation is a scenario where price pressures remain elevated amid a cooling economy. In the 1970s, the spike in oil prices propelled inflation to a double-digit rise, while GDP growth was relatively flat, leading to stagflation in the economy.However, to compare the 1970s with the present economic situation must be an over-the-top expectation. But a small bout of stagflation is likely since an increase in prices of indispensable commodities and services came in hotter than expected. At the same time, the ...

The winter months were incomparable for the stock market, making it hard to believe that there won’t be any profit-taking ahead of the historically weaker summer months. The Stock Traders Almanac’s “sell in May and go away” thesis highlights that the period from May through October is the worst for investors to put money in the equity market.Most stocks generally trade within a narrow range during the summer months, and a breakout to the upside is few and far between. The Dow Jones Market Data added that th ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ OR ☐ SHELL COMPANY REPORT ...