Frontline (FRO) Construction in Progress (2009 - 2022)
Frontline (FRO) posted Construction in Progress of $48.0 million for Q4 2022, down 32.34% on a QoQ basis from $70.9 million in Q3 2022, and down 63.26% year-over-year from $130.6 million in Q4 2021.
Frontline (FRO) Construction in Progress (2009 - 2022) Analysis & Trends
Frontline's Construction in Progress history runs 14 years deep, the most recent figure standing at $48.0 million for Q4 2022.
- Quarterly Construction in Progress fell 63.26% year-over-year to $48.0 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $48.0 million (down 63.26% YoY) and the FY2022 annual result came in at $48.0 million, down 63.26% from the prior year.
- Construction in Progress was $48.0 million for Q4 2022 at Frontline, down from $70.9 million in the prior quarter.
- Across five years, Construction in Progress topped out at $140.8 million in Q1 2022 and bottomed at $26.4 million in Q1 2019.
- A 5-year average of $67.0 million and a median of $49.5 million in 2018 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2018 — Construction in Progress slumped 88.0% — and 2021, when it jumped 355.02%.
- Frontline's Construction in Progress stood at $51.4 million in 2018, then decreased by 10.37% to $46.1 million in 2019, then rose by 5.27% to $48.5 million in 2020, then surged by 169.36% to $130.6 million in 2021, then sank by 63.26% to $48.0 million in 2022.
- Business Quant data shows FRO's Construction in Progress at $48.0 million in Q4 2022, $70.9 million in Q3 2022, and $93.0 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 55.68 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.64 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 58.08 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Frontline | 1.55 Bn | 1.29 Bn | - | - |
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 |