DHT Holdings

DHT Holdings, Inc. engages in the operation of a fleet of crude oil tankers. It operates through its integrated management companies in Monaco, Singapore, and Oslo, Norway. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DHT Holdings posts strong Q4 results amidst industry challenges

DHT Holdings reported a strong financial performance in Q4 2022, driven by robust liquidity and operational efficiency.
While facing challenges such as regulatory compliance and safety concerns, the company is well-positioned to capitalize on market opportunities.
Strategic initiatives like fleet retrofitting and debt reduction reflect proactive measures to ensure long-term sustainability and growth.
Overall, DHT Holdings remains focused on navigating industry challenges and leveraging opportunities for future success.

DHT Holdings posts robust Q1 results, navigates market challenges

DHT Holdings delivered strong financial results, maintained financial discipline, and prioritized shareholder returns through dividends and buybacks.
The company faces challenges from stagnant scrapping rates and potential margin pressure but has opportunities for cost savings and strategic growth.
With a focus on sustainability, efficient financial management, and shareholder value, DHT Holdings navigates market dynamics with resilience.

DHT Holdings excels in Q2 2023, eyes strategic growth amid challenges

DHT Holdings' Q2 2023 performance reflects operational excellence and prudent financial management amidst market challenges.
The company's focus on shareholder value through dividends, share repurchases, and strategic acquisitions underscores its commitment to long-term growth.
While facing competitive pressures and uncertainties, DHT's strong financial position and strategic decisions position it well for future opportunities.
Navigating market dynamics and leveraging available resources will be crucial for sustaining growth and profitability in the shipping industry.

DHT Holdings excels in Q3, poised for growth and value creation

DHT Holdings delivered a robust performance in Q3 2023, maintaining a strong balance sheet and generating significant cash flow.
Strategic acquisitions, prudent capital allocation, and market outperformance position the company for growth and value creation.
With a positive market outlook and focus on shareholder value, DHT is well-equipped to capitalize on opportunities and drive sustainable performance.

DHT Holdings reports strong Q4 earnings and eyes growth opportunities

DHT Holdings delivered a robust financial performance in Q4 2023 and maintained a strong liquidity position, setting a positive tone for future growth.
While facing challenges in operating expenses and market uncertainties, DHT's strategic focus on fleet demographics and revenue optimization positions it well for the future.
The company's consistent dividend payments and prudent financial management underscore its commitment to shareholder value and long-term sustainability.
With opportunities to capitalize on favorable market conditions and potential investments, DHT is poised to navigate challenges and drive continued success in the shipping industry.

DHT Holdings excels in Q1 2024, poised for growth

DHT Holdings delivered a strong performance in Q1 2024, showcasing financial resilience, operational efficiency, and consistent dividend payments, underpinned by a robust balance sheet.
While facing challenges from market uncertainties and operational dynamics, the company's focus on managing costs, optimizing performance, and prudent capital allocation positions it for long-term success.
Opportunities for growth and value creation exist through strategic initiatives, market exploration, and operational enhancements, offering potential avenues for sustainable expansion and profitability.
Investors can find confidence in DHT Holdings' financial strength, operational capabilities, and strategic direction, supported by a shareholder-friendly approach and commitment to creating long-term value.

DHT Holdings posts robust Q2 earnings amidst market challenges

DHT Holdings delivered strong financial results, maintained a robust balance sheet, and rewarded shareholders with dividends.
While facing challenges from seasonal weakness and market uncertainties, the company is poised to leverage opportunities in the crude oil transportation market.
Strategic improvements in delivery schedules and market insights position DHT for sustainable growth and operational efficiency.
Overall, DHT's performance reflects resilience, strategic planning, and a focus on long-term value creation.

DHT Holdings reports strong Q3 earnings amidst market uncertainties

DHT Holdings demonstrated robust financial performance and resilience in Q3, supported by strong revenues and prudent financial management.
While facing market uncertainties and geopolitical risks, the company's solid balance sheet and operational efficiency position it to navigate challenges.
Strategic insights shared by CEO Harfjeld highlight opportunities for growth and adaptation in a dynamic tanker market environment.

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Third quarter results were not that bad. The company scored revenue and adjusted EBITDA growth YoY. The revenue growth rate offset the expense growth rate, leading to YoY growing EBITDA and EPS. In 2025, DHT must repay $80.9 million, while in 2026, $54.2 million. Considering DHT's low breakeven, the company can handle a significant day-rate downturn while maintaining liquidity and solvency intact.

DHT Holdings: VLCC-Only Play At A Reasonable Discount

DHT Holdings, Inc. (NYSE:DHT ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Laila C. Halvorsen - CFO Svein Moxnes Harfjeld - President and CEO Conference Call Participants Frode Mørkedal - Clarkson Securities Jonathan Chappell - Evercore ISI Omar Nokta - Jefferies Operator Good day, and thank you for standing by.

DHT Holdings, Inc. (DHT) Q3 2024 Earnings Call Transcript

DHT Holdings (DHT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago.

DHT Holdings (DHT) Beats Q3 Earnings and Revenue Estimates

HAMILTON, BERMUDA, November 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 2024.

DHT Holdings, Inc. Third Quarter 2024 Results

The company has a strong shareholder focus and low debt. Analysts' Q4 2024 and Q1 2025 estimates are overly optimistic due to current freight rates and futures, risking market disappointment. Potential geopolitical impacts, such as Trump's policies on Iran, could improve freight rates, but any effects would likely be seen in Q2 2025.

DHT Holdings Q3 Earnings Preview: Room For Disappointment

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HAMILTON, BERMUDA, October 29, 2024 - DHT Holdings, Inc. (NYSE: DHT or the “Company”) will release its third quarter 2024 results after market close on Tuesday, November 12, 2024.

DHT Holdings, Inc. to announce third quarter 2024 results on Tuesday, November 12, 2024

DHT Holdings (DHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DHT Holdings (DHT) to Report Q3 Results: Wall Street Expects Earnings Growth

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CRGY, DHT and LBRT have been added to the Zacks Rank #5 (Strong Sell) List on October 25, 2024.

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HAMILTON, BERMUDA, October 9, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today provides the following business update:

DHT Holdings, Inc.: Business Update

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The crude oil tanker market is still attractive for investors. Market dynamics are favorable due to a higher tonne-mile demand growth rate than the fleet growth rate. 2Q24, as expected, brought weaker results due to seasonality. Nevertheless, DHT reported good figures: $49,100/day TCE and $23,600/day breakeven. DHT has excellent liquidity and solvency metrics: 39% Total Debt/Equity and 6.5 Operating Income/Interest Expenses.

DHT Holdings: VLCC Pure Play For Dividend Seekers

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DHT's Q2 earnings per share was in line with Q1. Financial leverage of only 18% of vessels' market values. Their TTM dividend yield is 9%.

DHT Holdings: After Q2 Results, We Maintain Our Buy Stance

DHT Holdings, Inc. (NYSE:DHT ) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Laila Halvorsen - CFO Svein Moxnes Harfjeld - President and CEO Conference Call Participants Jon Chappell - Evercore ISI Frode Mørkedal - Clarkson Securities Omar Nokta - Jefferies Operator Good day, and thank you for standing by. Welcome to the Q2 2024 DHT Holdings, Inc Earnings Conference Call.

DHT Holdings, Inc. (DHT) Q2 2024 Earnings Call Transcript

DHT Holdings (DHT) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.35 per share a year ago.

DHT Holdings (DHT) Q2 Earnings and Revenues Lag Estimates

HAMILTON, BERMUDA, August 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended June 30, 2024.

DHT Holdings, Inc. Second Quarter 2024 Results

Analysts Estimate DHT Holdings (DHT) to Report a Decline in Earnings: What to Look Out for

HAMILTON, BERMUDA, July 30, 2024 - DHT Holdings, Inc. (NYSE: DHT or the “Company”) will release its second quarter 2024 results after market close on Monday, August 12, 2024.

DHT Holdings, Inc. to announce second quarter 2024 results on Monday, August 12, 2024

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HAMILTON, BERMUDA, July 11, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today provides the following business update:

DHT Holdings, Inc. Business Update

TORONTO--(BUSINESS WIRE)--SMK Law, a Canadian investor rights law firm, is investigating a potential action on behalf of unit holders against DRI Healthcare Trust (TSX: DHT.UN). On July 8, 2024, the trust announced the resignation of its CEO as a result of an investigation into irregularities related to expenses presented for reimbursement. If you own or previously owned DRI Healthcare Trust units, you may be eligible to participate in the action. Please contact SMK Law for further information.

Investor Alert: SMK Law Investigation into DRI Healthcare Trust (TSX: DHT.UN)

News for DHT Holdings Stock (DHT)