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Frontline plc (FRO) Q3 2025 Earnings Name Transcript
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Frontline plc (FRO) Q3 2025 Earnings Name Transcript

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Last updated: November 21, 2025 9:23 pm
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Published: November 21, 2025
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Operator

Good day, and thanks for standing by. Welcome to the Third Quarter 2025 Frontline Earnings Convention Name and Webcast. [Operator Instructions] Please be suggested that this convention is being recorded.

I might now like at hand the convention over to your first speaker in the present day, Lars Barstad, CEO.

Please go forward, sir.

Lars Barstad
Chief Govt Officer of Frontline Administration AS

Thanks very a lot.

Expensive all, thanks for dialing into Frontline’s quarterly earnings name. It is noticeable how everybody at Frontline and within the basic tanker business for that sake, walks with an brisk spring of their steps nowadays. We’ve beforehand argued that this market owes us cash, and now we have lastly began to gather a few of it. I will attempt to not jinx it through the use of caps lock on completely all the pieces, however it’s a delicate understatement that we’re positively excited by the developments on this market that began to materialize throughout the third quarter of the yr.

Earlier than I give the phrase to Inger, I will run by way of our TCE numbers on Slide 3 within the deck. Within the third quarter of 2025, Frontline achieved $34,300 per day on our VLCC fleet, $35,100 per day on our Suezmax fleet and $31,400 per day on our LR2/Aframax fleet. Up to now within the third quarter of ’25, now we have booked 75% of our VLCC days at $83,300 per day, 75% of our Suezmax days at $60,600 per day and 51% of our LR2/Aframax days at $42,200 per day.

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