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

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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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My past year has included much effort learning about and investing in maritime shipping. For certain investors, willing to invest with highly variable durations, shipping has the potential to be quite lucrative.

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DHT Holdings, Inc. (DHT) Management on Q3 2020 Results - Earnings Call Transcript

DHT Holdings, Inc.'s (DHT) CEO Svein Moxnes Harfjeld On Q3 2020 Results - Quick Version Earnings Call Transcript

DHT Holdings (DHT) delivered earnings and revenue surprises of 22.22% and 7.51%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

DHT Holdings (DHT) Surpasses Q3 Earnings and Revenue Estimates

HAMILTON, BERMUDA, November 9, 2020 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 2020.

DHT Holdings, Inc. Third Quarter 2020 Results

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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Chinese water torture is defined as “a painful process in which cold water is slowly dripped onto the scalp, forehead or face for a prolonged period of time, allegedly making the restrained victim insane.” Crude-tanker owners and investors may face their own version of this ancient torment.

Why crude-tanker collapse could be long and painful

HAMILTON, BERMUDA, October 12, 2020 - DHT Holdings, Inc. (NYSE: DHT) (the “Company”) will release its third quarter 2020 results after market close on Monday November 9, 2020.

DHT Holdings, Inc. to announce third quarter 2020 results Monday November 9, 2020

DHT has a solid track record of managing the shipping cycles with success from 2013.

DHT Holdings: Well-Positioned For A Counter-Cyclical Strategy

Solid Time Charters Make DHT A Great Risk Reward At This Level

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HAMILTON, BERMUDA , August 21, 2020 – DHT Holdings, Inc. (NYSE:DHT) (the “Company”) announces that, since the date of the previously announced delivery of the notice of redemption, holders of $124,999,000 aggregate principal amount of the Company’s outstanding 4.5% Convertible Senior Notes due 2021 (CUSIP No. 23335SAD8) (the “Securities”), representing all of the outstanding Securities, have exercised their right to convert their Securities into shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), at a conversion price of $5.3470 per share (representing a conversion rate of approximately 187.0208 shares of Common Stock per $1,000 principal amount of Securities), as a result of which the Company is issuing 23,377,397 shares of Common Stock, increasing the aggregate shares of Common Stock issued and outstanding from 147,420,931 to 170,798,328.      

DHT Holdings, Inc.: Announces conversion of all of its outstanding 4.5% Convertible Senior Notes due 2021

It is the motto of my firm, Excelsior Capital Partners, but cash flow never lies, and with second quarter earnings season about to end, stock analysts should be awash in fresh info about cash flows earned in the first half of 2020.

DHT Holdings Is Creating Economic Value And Returning It To Shareholders

DHT Holdings, Inc. (DHT) Management on Q2 2020 Results - Earnings Call Transcript

DHT Holdings (DHT) delivered earnings and revenue surprises of -1.22% and 1.97%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

DHT Holdings (DHT) Lags Q2 Earnings Estimates

HAMILTON, BERMUDA, August 10, 2020 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended June 30, 2020.

DHT Holdings, Inc. Second Quarter 2020 Results

Diminished shipping revenues are likely to have dampened DHT Holdings' (DHT) Q2 performance.

DHT Holdings (DHT) to Report Q2 Earnings: What's in Store?

Tanker stocks have a "tree falls in empty woods and no one hears it" problem. They have a compelling longer-term pitch — almost no newbuild contracts, a giant plus for rates — but buyers are looking elsewhere.

Shipping Stock Pickers Turn Down The Volume — Way Down

HAMILTON, BERMUDA, July 17, 2020 - DHT Holdings, Inc. (NYSE: DHT) (the “Company”) will release its second quarter 2020 results after market close on Monday August 10, 2020.

DHT Holdings, Inc. to announce second quarter 2020 results Monday August 10, 2020

HAMILTON, BERMUDA, July 17, 2020 – DHT Holdings, Inc. (NYSE:DHT) (the “Company”) announces that it has sent notice of its intention to redeem all of the Company’s outstanding 4.5% Convertible Senior Notes due 2021 (CUSIP No. 23335SAD8) (the “Securities”), on August 21, 2020 (the “Redemption Date”), at a price equal to (a) 100% of the principal amount of Securities being redeemed plus (b) accrued and unpaid interest, if any, to, but excluding, the Redemption Date.  The Securities may be converted into shares of common stock of the Company at any time before the close of business on August 20, 2020, upon satisfaction of the requirements therefor set forth in the Indenture.  The Conversion Rate for the Securities is 187.0208 shares of common stock per $1,000 principal amount of Securities.

DHT Holdings, Inc. announces notice of redemption all of its outstanding 4.5% Convertible Senior Notes due 2021

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The tanker sector refuses to follow its script. Rates were supposed to keep on sinking into the summer.

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DHT convertible notes are a zero cost arbitrage opportunity on DHT stock.

DHT Convertible Notes Are A Zero Cost Arbitrage Opportunity

HAMILTON, BERMUDA, July 2, 2020 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today launched its updated ESG profile on www.dhtankers.com.

DHT Holdings, Inc. ESG update

DHT shareholders face the risk of equity dilution from potential conversion of $125m of convertible notes due in 2021.

News for DHT Holdings Stock (DHT)