FRO vs. PBA: Frontline vs. Pembina Pipeline Stock Comparison
How do Frontline (FRO) and Pembina Pipeline (PBA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Frontline (FRO) and Pembina Pipeline (PBA) are both classified in the Oil & Gas Storage & Transportation sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | FRO | PBA |
|---|---|---|
| Name | Frontline plc Ordinary Shares | Pembina Pipeline Corp. |
| Country/Region | Cyprus | Canada |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Storage & Transportation |
| Market Capitalization | 10.11 billion USD | 28.08 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 6, 2001 | October 6, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FRO | PBA |
|---|---|---|
| Total Return (1Y) | 119.28% | 35.84% |
| Total Return (3Y, Annualized) | 40.57% | 20.26% |
| Total Return (5Y, Annualized) | 52.54% | 12.46% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FRO | PBA |
|---|---|---|
| Volatility (1Y, Annualized) | 46.26% | 20.43% |
| Beta (5Y) | 0.22 | 0.59 |
| Max Drawdown (5Y) | -52.04% | -27.37% |
| Avg. Volume (3M) | 3.68M | 993.87K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FRO | PBA |
|---|---|---|
| Sharpe Ratio (1Y) | 2.49 | 1.54 |
| Sortino Ratio (1Y) | 3.74 | 2.32 |
Profitability
ROE (TTM)
Frontline (FRO) at 53.85% sits in the top ROE quartile, while Pembina Pipeline (PBA) at 12.10% is closer to the peer norm — stronger capital efficiency for FRO.
FRO
Energy industry group
53.85%
- FRO
- 53.85%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
PBA
Energy industry group
12.10%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- PBA
- 12.10%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
For every dollar of sales, both Frontline (FRO) at 54.76% and Pembina Pipeline (PBA) at 24.78% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
FRO
Energy industry group
54.76%
- Max
- 56.92%
- FRO
- 54.76%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
PBA
Energy industry group
24.78%
- Max
- 56.92%
- PBA
- 24.78%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Frontline (FRO) at 65.83% operates in the top operating margin quartile, ahead of Pembina Pipeline (PBA) at 32.63%, which runs around its industry’s norm.
FRO
Energy industry group
65.83%
- Max
- 71.31%
- FRO
- 65.83%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
PBA
Energy industry group
32.63%
- Max
- 71.31%
- Q3
- 33.75%
- PBA
- 32.63%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | FRO | PBA |
|---|---|---|
| ROE (TTM) | 53.85% | 12.10% |
| ROA (TTM) | 14.25% | 4.65% |
| Net Margin (TTM) | 54.76% | 24.78% |
| Operating Margin (TTM) | 65.83% | 32.63% |
| Gross Margin (TTM) | 63.03% | 38.23% |
Growth
Revenue Growth
Both Frontline (FRO) at -4.16% and Pembina Pipeline (PBA) at 5.34% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Frontline (FRO) at -23.77% and Pembina Pipeline (PBA) at -11.33% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FRO | PBA |
|---|---|---|
| Revenue Growth (YoY) | -4.16% | 5.34% |
| Revenue Growth (3Y CAGR) | 11.17% | -12.50% |
| EPS Growth (YoY) | -23.77% | -11.33% |
| EPS Growth (3Y CAGR) | -8.37% | -19.61% |
Financial Strength
Current Ratio (MRQ)
Frontline (FRO) at 1.87 keeps current ratio within its industry’s typical mid-range, while Pembina Pipeline (PBA) at 0.75 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PBA.
FRO
Energy industry group
1.87
- Max
- 3.64
- Q3
- 2.21
- FRO
- 1.87
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
PBA
Energy industry group
0.75
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- PBA
- 0.75
- Min
- 0.24
Debt / Equity (MRQ)
Both Frontline (FRO) at 0.77 and Pembina Pipeline (PBA) at 0.80 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
FRO
Energy industry group
0.77
- Max
- 1.75
- Q3
- 0.93
- FRO
- 0.77
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
PBA
Energy industry group
0.80
- Max
- 1.75
- Q3
- 0.93
- PBA
- 0.80
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | FRO | PBA |
|---|---|---|
| Current Ratio (MRQ) | 1.87 | 0.75 |
| Debt / Equity (MRQ) | 0.77 | 0.80 |
| Net Debt / EBITDA | 1.28 | 3.74 |
Dividends
Dividend Yield (TTM)
Pembina Pipeline (PBA) at 6.13% earns its spot in the top quartile of its industry’s yields; Frontline (FRO) at 12.04% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
FRO
Energy industry group
12.04%
- FRO
- 12.04%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
PBA
Energy industry group
6.13%
- Max
- 8.57%
- PBA
- 6.13%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Frontline (FRO) at 46.93% pays out a band-typical share of earnings, while Pembina Pipeline (PBA) at 86.79% distributes more than its industry norm — less retained, thinner cover.
FRO
Energy industry group
46.93%
- Max
- 133.24%
- Q3
- 53.31%
- FRO
- 46.93%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
PBA
Energy industry group
86.79%
- Max
- 133.24%
- PBA
- 86.79%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FRO | PBA |
|---|---|---|
| Dividend Yield (TTM) | 12.04% | 6.13% |
| Dividend Payout Ratio (TTM) | 46.93% | 86.79% |
Valuation
P/E Ratio (TTM)
Frontline (FRO) at 6.81 sits in the cheaper P/E ratio quartile, while Pembina Pipeline (PBA) at 20.12 is closer to its industry’s usual earnings multiple — a discount for FRO, though growth and earnings durability still matter.
FRO
Energy industry group
6.81
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- FRO
- 6.81
- Min
- 2.99
PBA
Energy industry group
20.12
- Max
- 39.54
- Q3
- 21.72
- PBA
- 20.12
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Both Frontline (FRO) at 3.72 and Pembina Pipeline (PBA) at 3.36 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
FRO
Energy industry group
3.72
- Max
- 5.40
- FRO
- 3.72
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
PBA
Energy industry group
3.36
- Max
- 5.40
- PBA
- 3.36
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both Frontline (FRO) at 3.20 and Pembina Pipeline (PBA) at 2.55 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
FRO
Energy industry group
3.20
- Max
- 4.21
- FRO
- 3.20
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
PBA
Energy industry group
2.55
- Max
- 4.21
- PBA
- 2.55
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | FRO | PBA |
|---|---|---|
| P/E Ratio (TTM) | 6.81 | 20.12 |
| P/S Ratio (TTM) | 3.72 | 3.36 |
| P/B Ratio (MRQ) | 3.20 | 2.55 |
| Free Cash Flow Yield (TTM) | 2.81% | 5.53% |