Frontline (FRO) Construction in Progress (2009 - 2022)
Frontline (FRO) reported Construction in Progress of $48.0 million for Q4 2022, down 63.26% on a YoY basis from $130.6 million in Q4 2021, and down 32.34% quarter-over-quarter from $70.9 million in Q3 2022.
Frontline (FRO) Construction in Progress (2009 - 2022) Analysis & Trends
Frontline has reported Construction in Progress for 14 years, with the latest figure at $48.0 million in Q4 2022.
- For the quarter ending Q4 2022, Construction in Progress fell 63.26% year-over-year to $48.0 million; the trailing twelve-month figure through Dec 2022 stood at $48.0 million (down 63.26% YoY), and the FY2022 full-year result was $48.0 million, down 63.26% from the prior year.
- Construction in Progress for Q4 2022 stood at $48.0 million, down from $70.9 million in the prior quarter.
- The five-year high for Construction in Progress was $140.8 million in Q1 2022, with the low at $26.4 million in Q1 2019.
- Historically, Construction in Progress has averaged $67.0 million across 5 years, with a median of $49.5 million in 2018.
- Annual changes were most pronounced in 2018 — Construction in Progress tumbled 88.0% — and 2021, when it jumped 355.02%.
- Frontline's Construction in Progress stood at $51.4 million in 2018, then fell by 10.37% to $46.1 million in 2019, then grew by 5.27% to $48.5 million in 2020, then soared by 169.36% to $130.6 million in 2021, then tumbled by 63.26% to $48.0 million in 2022.
- The last three Construction in Progress figures came in at $48.0 million (Q4 2022), $70.9 million (Q3 2022), and $93.0 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 2.64 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 69.07 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 11.47 Mn |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 47.99 Mn |
| Sep 30, 2022 | 70.93 Mn |
| Jun 30, 2022 | 93.03 Mn |
| Mar 31, 2022 | 140.79 Mn |
| Dec 31, 2021 | 130.63 Mn |
| Sep 30, 2021 | 117.60 Mn |
| Jun 30, 2021 | 131.17 Mn |
| Mar 31, 2021 | 43.61 Mn |
| Dec 31, 2020 | 48.50 Mn |
| Sep 30, 2020 | 48.08 Mn |
| Jun 30, 2020 | 28.83 Mn |
| Mar 31, 2020 | 66.90 Mn |
| Dec 31, 2019 | 46.07 Mn |
| Sep 30, 2019 | 29.66 Mn |
| Mar 31, 2019 | 26.41 Mn |
| Sep 30, 2018 | 51.40 Mn |
| Jun 30, 2018 | 50.54 Mn |
| Mar 31, 2018 | 33.50 Mn |
| Dec 31, 2017 | 79.60 Mn |
| Sep 30, 2017 | 73.31 Mn |