Frontier Oil Corp. (FTO) reported a third-quarter net loss of $15.13 million or $0.15 per share compared to profit of $72.32 million or $0.70 per share last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report a loss of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased to $1.20 billion from $2.20 billion last year. Analysts expected revenue of $1.26 billion for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.