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Ken GriffinReduced
Citadel Advisors · Q2 2026
$4.39M
126.33K shares · 0.0% of portfolio
Frontline plc
Frontline plc (FRO) is listed on NYSE and classified in Oil & Gas Midstream, part of the Energy sector. It is headquartered in Limassol, Cyprus and has 85 employees. The company is worth $11.4B and trades at 7.7x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $749.38M in fiscal 2021, down 38.6% from the year before. It reported a net loss of $11.15M. The share price is 14.3% below its 52-week high of $59.75. It pays a dividend yielding 10.50%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $107.74M. In that quarter, 3 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +666.3% over 5Y.
today you would have $9,222.09▲ +822.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 14 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $7.07 | $6.22 | $12.86 | $5.53 | $4.59 | $7.11 | $14.95 | $12.55 | $18.70 | $16.30 | $21.45 | $126.85 | $136.60 | $148.05 | |
| P/E | 11.6x | — | 3.0x | 16.5x | — | — |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 10.5% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 11.6 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ARANTERO RESOURCES Corp | $39.04 | 11.1x | 1.4x | 0.00% | 14.22% | $12B |
| DTMDT Midstream, Inc. | $123.40 | 27.2x | 2.6x | 2.85% | 9.90% | $12.59B |
| RRCRange Resources Corp | $43.86 | 11.9x | 2.2x | 0.91% | 19.48% | $10.25B |
| AMAntero Midstream Corp | $20.61 |
| 9.5x |
| 11.6x |
| 10.5x |
| 30.7x |
| — |
| — |
| 12.6x |
| 20.7x |
| 3.2x |
| P/S | 1.8x | 1.9x | 1.0x | 2.6x | 1.3x | 1.2x | 1.6x | 25.5x | 33.0x | 88.7x | 11.2x | 0.5x | 1.7x | 1.9x | 1.1x |
| P/B | 1.7x | 0.9x | 0.8x | 1.7x | 0.8x | 0.7x | 0.8x | 8.1x | 7.1x | — | 54.2x | 1.7x | 2.6x | 2.9x | 3.3x |
| EPS | -$0.06 | $2.09 | $0.78 | -$0.05 | -$1.56 | $0.75 | $1.29 | $1.19 | $0.61 | -$5.30 | -$34.00 | $10.05 | $6.60 | $45.70 |
| Dividend yield | 6.54% | — | 25.72% | 0.78% | — | 6.54% | 14.77% | 1.67% | — | — | — | 5.13% | 7.88% | 3.29% | 29.01% |
| Payout | 76.56% | — | 76.56% | 12.82% | — | — | 140.00% | 19.38% | — | — | — | — | 99.50% | 68.18% | 93.98% |
| Profit margin | 14.24% | -1.49% | 33.81% | 14.62% | -1.20% | -40.98% | 15.51% | 33.69% | 61.81% | 51.90% | -14.31% | -73.20% | 13.85% | 9.06% | 33.21% |
| ROE | 9.27% | -0.67% | 25.61% | 9.27% | -0.76% | -22.31% | 7.80% | 10.69% | 13.30% | — | -69.15% | -263.50% | 21.60% | 13.85% | 98.58% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+17.0% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 24.8x |
| 5.0x |
| 4.37% |
| 19.82% |
| $9.78B |
| SUNSunoco LP | $73.26 | 16.2x | 1.5x | 5.47% | 18.66% | $13.8B |
| PBFPBF Energy Inc. | $79.25 | 7.2x | 1.5x | 1.39% | 23.23% | $9.39B |