THIRD QUARTER 2024 RESULTS November 13, 2024 DHT MUSTANG DISCLAIMER | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

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]

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 ...

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 ...

We start from the premise that NYSE: DHT is an excellent company that has always been characterized by good treatment of shareholders, dividend distribution, and not focusing on growth for growth's sake. On the other hand, it has low indebtedness, and the typeAnalyst’s Disclosure: I/we have a beneficial short position in the shares of DHT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...

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 Company will host a conference call and webcast, which will include a slide presentation, at 8:00 a.m. EDT/14:00 CET on Wednesday, November 13, 2024, to discuss the results for the quarter. To access the conference call the participants are required to register in advance of the conference using this link:  https://register.ve ...

Group 1: Company Overview - DHT Holdings (DHT) is expected to report a year-over-year increase in earnings of +10.5% to $0.21 per share, despite a revenue decline of 1.8% to $87.46 million for the quarter ended September 2024 [3][1] - The consensus EPS estimate has been revised 36.15% lower over the last 30 days, indicating a reassessment by analysts [4][10] - The Most Accurate Estimate for DHT Holdings is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.44% [10] Group 2: Earnings Expectations and Historical Performance - DHT Holdings has not been able to beat consensus EPS estimates in any of the last four quarters, with a recent surprise of -3.57% when it reported earnings of $0.27 per share against an expectation of $0.28 [11][12] - The company's current Zacks Rank is 5 (Strong Sell), which complicates the prediction of an earnings beat despite the positive Earnings ESP [10][15] Group 3: Industry Context - A.P. Moller-Maersk (AMKBY), another player in the Zacks Transportation - Shipping industry, is expected to post earnings of $0.99 per share, reflecting a significant year-over-year change of +560% and revenue growth of 29.1% to $15.66 billion [16][17] - The consensus EPS estimate for A.P. Moller-Maersk has been revised up by 208.3% over the last 30 days, but it currently has an Earnings ESP of 0.00% [17]

HAMILTON, BERMUDA, October 9, 2024 – DHT Holdings, Inc. (NYSE:DHT) ("DHT" or the "Company") today provides the following business update: For the third quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at $42,400 per day, comprising of $43,700 per day for the Company's VLCCs operating in the spot market and $38,800 per day for the Company's VLCCs on time-charter. The estimated time charter equivalent earnings are based on 2,184 revenue days for the third quarter, of which ...

Alexey Bakharev Note: I have previously covered DHT Holdings (NYSE:DHT). In my previous article on DHT's 2023 results, I pointed out the company's strengths, such as its VLCConly fleet, adequate liquidity, and robust capital structure. In addition, DHT distributes attractive dividends with a 9.2% TTM yield. Since then, OPEC+ has applied production cuts, which have been extended until November 2024. The Chinese economy has also shown signs of weakness. Nevertheless, crude oil tanker fundamentals have not cha ...

MenzhiliyAnantoly Investment Thesis In our article in May this year on DHT Holdings, Inc. (NYSE:DHT), we concluded that it was our opinion that the VLCC's earning potential should be good for the next 2 to 3 years. It was based on the low order book and that even if this changes, it would still take 2 to 3 years before these new vessels could upset the favorable supply and demand dynamics. The share price has been down 7% since our previous buy call. DHT just came out with their Q2 results, allowing us to l ...