DHT Holdings, Inc. Stock News

DHT Holdings offers pure-play exposure to the VLCC market, which exhibits some of the tightest supply dynamics in the maritime industry. The company is also strengthening its position in the VLCC market. Four new state-of-the-art vessels are currently under construction and are expected to be delivered in 2026. The company is committed to returning 100% of net income to shareholders as dividend...

HAMILTON, BERMUDA, December 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) has entered into agreement to sell the DHT Scandinavia, a 2006 built VLCC, for $43.4 million. The Company expects to deliver the vessel to its new owner in January 2025. The vessel has no outstanding bank debt and the sale proceeds will be allocated to general corporate purpose, hereunder investments i...

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, 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.

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.

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.

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.

The Value Score identifies large-cap stocks offering high-value relative to profits, cash flows, assets and sales, aiding in finding undervalued companies.