Several oil tanker stocks are in buy range, or close to it, as the war in Ukraine and high crude prices are contributing to high earnings for tanker companies.
In the latest trading session, Frontline (FRO) closed at $18.04, marking a +0.5% move from the previous day.
High costs are likely to have dented Frontline's (FRO) fourth-quarter 2022 performance.
Oil is jumping, and so are tanker stocks.
Frontline (FRO) closed at $15.40 in the latest trading session, marking a -0.32% move from the prior day.
Frontline (FRO) closed the most recent trading day at $13.83, moving +1.62% from the previous trading session.
Here is how Delta Air Lines (DAL) and Frontline (FRO) have performed compared to their sector so far this year.
The oil tanker companies are parting ways.
Some investors want businesses to combine forces, while others would prefer they not.
March S&P 500 futures (ESH23) are trending down -0.08% this morning after three major U.S. benchmark indices ended the regular session mixed following hawkish remarks from two U.S. Federal Reserve officials,...