For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is DHT Holdings (DHT) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.DHT Holdings is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in te ...

Company Overview - DHT Holdings, Inc. was incorporated in 2010 in the Marshall Islands and operates a fleet of crude oil tankers from locations including Monaco, Norway, Singapore, and India [1] - The company currently has 23 VLCC (Very Large Crude Carrier) crude oil tankers, all of which are wholly owned [1] Industry Context - The company is part of the crude oil transportation industry, which is critical for global oil supply chains and is influenced by various factors including geopolitical events, oil prices, and shipping regulations [1]

HAMILTON, BERMUDA, June 19, 2025 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces that it has entered into an agreement to acquire a VLCC built in 2018 at Hyundai Heavy Industries (HHI), for $107 million. The vessel is scheduled to deliver towards the end of the third quarter of 2025. The acquisition will be financed through the Company’s available liquidity and projected mortgage debt. The vessel was built to a high specification by its current owner and is fitted with an exhaust ga ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!So far, I have written about DHT Holdings ( DHT ) only once here on Seeking Alpha. It was back in early 2021 , when seeing a clear oversupply in the oil market and theDaniel Sereda is chief investment analyst at a family office whose investments span continents and ...

HAMILTON, BERMUDA, June 12, 2025 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announces the results of its 2025 Annual Meeting of Shareholders (the “Annual Meeting”) held on Wednesday, June 11, 2025. Shareholders holding an aggregate of 111,518,652 common shares of DHT were present or represented by proxy at the Annual Meeting, representing approximately 69.44% of the issued and outstanding common shares of DHT as of the close of business on April 23, 2025, the record date for the Annual Meeting. At the Annual ...

Group 1 - The oil market experiences volatility and is influenced by macroeconomic news and geopolitical events, such as tensions in the Red Sea [1] Group 2 - The focus is on uncovering undervalued opportunities in the stock market, emphasizing strong financials, competitive advantages, and long-term growth potential [2] - The investment philosophy aligns with notable investors like Warren Buffett and Peter Lynch, focusing on businesses with durable moats and solid management teams [2]

DHT Holdings ( NYSE: DHT ) is a Bermuda company that operates a large fleet of oil tankers. This article will show why DHT Holdings could be an interesting value play, due to its strong position compared to itsMy main area of interest is algorithmic trading and trading strategies. However, I am also very interested in macroeconomic topics, especially since I lived and studied in Shanghai for half a year. That is why I plan to write about those topics with a focus on China. I am one semester away from finish ...

Financial Data and Key Metrics Changes - In Q1 2025, the company achieved revenues on a TCE basis of $79.3 million and adjusted EBITDA of $56.4 million. Net income was reported at $44.1 million, equating to $0.27 per share. After adjusting for a $19.8 million gain on the sale of a vessel, the net profit for the quarter was $24.3 million, or $0.15 per share [6][7][10] - The average TCE for vessels in the spot market was $36,300 per day, while vessels on time charters earned $42,700 per day, resulting in a combined average TCE of $38,200 per day for the quarter [6][10] - The company ended the quarter with total liquidity of $277 million, consisting of $80.5 million in cash and $196.2 million available under revolving credit facilities. Financial leverage was reported at 16.9% based on market values for the ships [7][10] Business Line Data and Key Metrics Changes - The company sold the DHT Scandinavia for $43.4 million, recording a capital gain of $19.8 million during the quarter. The proceeds will be allocated to general corporate purposes, including investments in vessels and share buybacks [10][17] - Two time charter contracts were entered into: DHT China at $40,000 per day for one year and DHT Tiger at $52,500 per day for one year [10][11] Market Data and Key Metrics Changes - The company expects to have 780 time charter days covered for Q2 2025 at $42,200 per day, an improvement compared to the prior quarter. The current spot market is strong, with an estimated spot P&L breakeven of $17,500 per day for Q2 [14][15] - The VLCC fleet is projected to shrink as demand for services grows, with an estimated 441 VLCCs older than 15 years by the end of 2026 [21][22] Company Strategy and Development Direction - The company aims to fine-tune its fleet profile based on customer feedback and market conditions, focusing on investing in ships rather than share buybacks or further strengthening the balance sheet [29] - The company plans to expand its fleet with four new ships in the first half of 2026, which will provide additional earnings days [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the market, noting that OPEC's strategy could lead to a robust summer market, which is atypical for the season [55] - The company believes that both scenarios regarding Iranian sanctions could positively impact the VLCC business, whether sanctions are lifted or maintained [60][61] Other Important Information - The company declared a quarterly cash dividend of $0.15 per share, marking the 61st consecutive quarterly cash dividend [12] - The company acquired the remaining shares in Goodwood Ship Management for $6.1 million, fully integrating it into DHT's operations [19] Q&A Session Summary Question: Decision on vessel sales and cash allocation priorities - Management indicated that the decision to sell older ships was based on market conditions and customer preferences. The allocation of cash for corporate purposes, investments, share buybacks, and debt prepayment is not in a specific order but depends on market opportunities [27][29] Question: Appetite for extended contracts and profit-sharing structures - Management expressed excitement about the long-term time charter contract with DHT Appaloosa, indicating a potential shift towards more extended contracts and profit-sharing arrangements [33][35] Question: Impact of OPEC's production increase on the market - Management noted that while it is early to predict the exact impact of OPEC's production increases, they expect to see more cargo in the market, which could positively affect VLCC demand [39][40] Question: Fuel spreads and macroeconomic impacts - Management discussed the current state of fuel spreads and indicated that while the market is dynamic, the relationship between demand for different fuel types could influence spreads [44][46] Question: Future of the VLCC market with potential Iranian oil re-entry - Management outlined two scenarios regarding Iranian oil sanctions, both of which could be positive for the VLCC market, depending on whether sanctions are lifted or maintained [60][61]

Financial Data and Key Metrics Changes - In Q1 2025, the company reported revenues on a TCE basis of $79.3 million and adjusted EBITDA of $56.4 million, with net income of $44.1 million or $0.27 per share. After adjusting for a $19.8 million gain on the sale of a vessel, the net profit was $24.3 million or $0.15 per share [5][6][10] - The average TCE for vessels in the spot market was $36,300 per day, while vessels on time charters earned $42,700 per day, resulting in a combined average TCE of $38,200 per day for the quarter [5][12] - The company ended the quarter with total liquidity of $277 million, consisting of $80.5 million in cash and $196.2 million available under revolving credit facilities [6] Business Line Data and Key Metrics Changes - The company sold the DHT Scandinavia for $43.4 million, realizing a capital gain of $19.8 million, and plans to allocate proceeds to general corporate purposes, including investments in vessels and share buybacks [8][15] - Two time charter contracts were entered into, with DHT China fixed at $40,000 per day and DHT Tiger at $52,500 per day [8] Market Data and Key Metrics Changes - The company expects to have 780 time charter days covered for Q2 2025 at $42,200 per day, an improvement from the previous quarter [12] - The spot P&L breakeven for Q2 is estimated at $17,500 per day, which can be used to estimate net income contributions from the spot fleet [13] Company Strategy and Development Direction - The company is focusing on fine-tuning its fleet profile based on customer feedback and market conditions, indicating a strategic shift towards optimizing asset quality [27] - The company plans to expand its fleet with four new ships in the first half of 2026, which will provide additional earnings days [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the market dynamics, noting that the VLCC fleet is expected to shrink while demand for services is growing, which could lead to favorable conditions for the company [20][22] - The company anticipates a robust summer market due to OPEC's increased production, which may offset potential declines in the Atlantic Basin [52] Other Important Information - The company has acquired the remaining shares in Goodwood Ship Management for $6.1 million, fully integrating it into DHT's operations [17] - The company has entered into a $30 million secured revolving facility to refinance existing debt, indicating a proactive approach to managing its financial obligations [19] Q&A Session Summary Question: Decision on vessel sales and cash allocation priorities - Management indicated that the decision to sell older ships was based on market conditions and customer preferences, and cash allocation priorities include investments in ships, share buybacks, and debt prepayment, depending on market opportunities [25][28] Question: Appetite for extended contracts and profit-sharing - Management expressed excitement about a long-term time charter contract, indicating a potential shift towards more extended contracts and profit-sharing arrangements as customers seek quality tonnage [32][34] Question: Impact of OPEC's production strategy on the market - Management noted that while it is difficult to predict the exact impact of OPEC's production increases, they believe it could lead to a robust summer market, countering seasonal declines [52] Question: Potential effects of Iranian oil returning to the market - Management discussed two scenarios regarding Iranian oil sanctions, indicating that both scenarios could positively impact the VLCC business, either through increased compliant market activity or by other Middle Eastern producers stepping in to fill supply gaps [58][60]

Core Viewpoint - DHT Holdings is recognized as an attractive operator in the VLCC tanker sector, noted for its modern fleet and effective balance between long-term lease contracts and operational flexibility [1]. Company Overview - DHT Holdings operates a modern fleet of Very Large Crude Carriers (VLCCs), which positions the company favorably within the tanker industry [1]. - The company employs a strategic operating model that combines long-term charter contracts with operational flexibility, enhancing its competitive edge [1]. Investment Considerations - The company is currently under observation for potential investment opportunities, particularly focusing on identifying a favorable technical entry point [2].