DHT(DHT)

Search documents
DHT Holdings, Inc. to announce fourth quarter 2024 results on Wednesday, February 5, 2025
Globenewswire· 2025-01-22 21:15
Core Viewpoint - DHT Holdings, Inc. is set to release its fourth quarter 2024 results on February 5, 2025, followed by a conference call on February 6, 2025, to discuss the results [1][2] Group 1: Financial Results Announcement - The fourth quarter 2024 results will be released after market close on February 5, 2025 [1] - A conference call and webcast will take place on February 6, 2025, at 8:00 a.m. EDT/14:00 CET to discuss the quarterly results [1] - Participants must register in advance to access the conference call, receiving dial-in numbers and a unique personal PIN upon registration [1] Group 2: Webcast and Recording - The webcast will include a slide presentation and can be accessed via a specific link or through the Investor Relations section of DHT's website [2] - A recording of the audio and slides will be available until February 13, 2025, at 14:00 CET [2] Group 3: Company Overview - DHT Holdings, Inc. is an independent crude oil tanker company operating internationally with a fleet in the VLCC segment [2] - The company emphasizes a prudent capital structure, market exposure, and a counter-cyclical investment philosophy [2] - DHT operates through integrated management companies located in Monaco, Norway, Singapore, and India, focusing on quality operations and customer service [2]
DHT Holdings, Inc. announces share repurchases
Newsfilter· 2025-01-06 10:20
Share Repurchase - The company repurchased 1,481,383 of its own shares, equivalent to 0.9% of its outstanding shares, at an average price of $8.8899 during December 2024 [1] - The repurchased shares have been retired upon receipt [1] Company Overview - DHT Holdings, Inc is an independent crude oil tanker company operating internationally with a fleet in the VLCC segment [2] - The company operates through integrated management companies in Monaco, Norway, Singapore, and India [2] - DHT is known for its first-rate operations, customer service, quality ships, prudent capital structure, and transparent corporate governance [2] - The company employs a counter-cyclical philosophy in investments, fleet employment, and capital allocation [2] - DHT combines market exposure with fixed income contracts for its fleet [2]
DHT Holdings: Attractive Capital Allocation Policy Combined With Pure-Play VLCC Exposure
Seeking Alpha· 2024-12-24 07:00
For almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. In the summer of 2021, I left the city and moved into a yurt I built in the boreal forest. I went from living in downtown Toronto to living alone in the woods approximately 100km away from the closest paved road or grocery store.Self-sufficiency does not exist, as I replaced my relationships with grocery stores and utility providers with natural ecosystems and, ultimately, with God. Knowing that I am able ...
DHT Holdings, Inc. announces sale of the DHT Scandinavia
GlobeNewswire News Room· 2024-12-12 21:15
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 in vessels, share buy-backs or prepayment of debt. The sale will reduce the average age of the Company’s fleet and i ...
DHT Holdings: VLCC-Only Play At A Reasonable Discount
Seeking Alpha· 2024-11-14 12:27
Note: I have previously covered DHT Holdings (NYSE: DHT ) in September. In my previous article, I pointed out the company's strengths, such as its VLCC-only fleet, adequate liquidity, and robust capital structure. At the time of the publication DHT traded at 94% PNAVI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursue my endeavors: ...
DHT(DHT) - 2024 Q3 - Earnings Call Transcript
2024-11-13 14:39
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. Welcome to the Q3 2024 DHT Holdings, Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, ...
DHT(DHT) - 2024 Q3 - Earnings Call Presentation
2024-11-13 13:14
THIRD QUARTER 2024 RESULTS November 13, 2024 DHT MUSTANG DISCLAIMER | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
DHT Holdings (DHT) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-13 00:46
Core Viewpoint - DHT Holdings reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, and showing an increase from $0.19 per share a year ago, indicating a positive earnings surprise of 4.76% [1] Financial Performance - The company posted revenues of $93.62 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 7.05%, compared to $89.09 million in the same quarter last year [2] - Over the last four quarters, DHT Holdings has only surpassed consensus EPS estimates once [2] Stock Performance and Outlook - DHT Holdings shares have increased approximately 5.1% since the beginning of the year, while the S&P 500 has gained 25.8% [3] - The company's earnings outlook is uncertain, with current consensus EPS estimates at $0.27 for the upcoming quarter and $1.02 for the current fiscal year, with revenues expected to be $120.17 million and $419.25 million respectively [7] Industry Context - The Transportation - Shipping industry, to which DHT Holdings belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact DHT Holdings' stock performance [5]
DHT(DHT) - 2024 Q3 - Quarterly Report
2024-11-12 21:30
Exhibit 99.1 DHT Holdings, Inc. Third Quarter 2024 Results HAMILTON, BERMUDA, November 12, 2024 – DHT Holdings, Inc. (NYSE: DHT) ("DHT" or the "Company") today announced: FINANCIAL HIGHLIGHTS: | USD mill. (except per share) | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | 2023 | 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | | Shipping revenues | 141.1 | 150.1 | 145.9 | 142.3 | 130.3 | 556.1 | 450.4 | | Adjusted net revenues1 | 92.6 | 103.7 | 106.3 | 94.5 | 89.1 | 390.4 | 264.9 | | Adjusted EBI ...
DHT Holdings, Inc. Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-12 21:15
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 full report is available here and in the below attachment. About DHT Holdings, Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our r ...