Dht Holdings Inc Stock Price, News & Analysis

DHT Holdings (NYSE:DHT) has released its Q2 2025 business update, reporting strong fleet performance with estimated time charter equivalent earnings of $46,300 per day. The company's VLCCs achieved $48,700 per day in the spot market and $42,800 per day for time-chartered vessels.

For Q3 2025, DHT has secured bookings for 53% of available spot days at $40,100 per day, while 73% of total revenue days are booked at $40,300 per day. Additionally, the company signed a one-year time charter contract for DHT Bauhinia at $41,500 per day, which commenced in May 2025.

DHT Holdings announced the acquisition of a 2018-built Very Large Crude Carrier (VLCC) for $107 million, with delivery expected by the end of Q3 2025. The vessel, built at Hyundai Heavy Industries, features an exhaust gas cleaning system and will be financed through available liquidity and projected mortgage debt. The acquisition aims to improve DHT's fleet age profile and efficiency metrics. The VLCC is a sister ship to DHT's 2018-built vessels, offering large carrying capacity and premium earning capabilities. This strategic move replaces earnings capacity from recent fleet divestitures and positions DHT to capitalize on attractive market prospects.

DHT Holdings announced the results of its 2025 Annual Meeting of Shareholders held on June 11, 2025, with 69.44% of shareholders present or represented by proxy, totaling 111,518,652 common shares. The meeting addressed two key items: First, shareholders overwhelmingly approved the 2025 Incentive Compensation Plan with 98.13% of votes in favor (109,434,613 votes). Second, shareholders ratified the selection of Ernst & Young AS as DHT's independent registered public accounting firm for fiscal year 2025 with 99.82% approval (111,316,058 votes).

This press release from DHT Holdings (NYSE:DHT) appears to be just an announcement of the availability of their first quarter 2025 results report, without providing any actual financial metrics or performance details. The company indicates that the full quarterly report covering the period ended March 31, 2025, is available through an attachment and external link, but no specific financial information, operational highlights, or business updates are disclosed in this announcement.

DHT Holdings (NYSE: DHT) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close. The company will hold a conference call and webcast presentation on Wednesday, May 7, 2025, at 8:00 a.m. EDT/14:00 CEST to discuss the quarterly results.

Participants must pre-register for the conference call and will receive personal access credentials. The webcast presentation will be accessible through DHT's website investor relations section. Recording of the presentation will remain available until May 14, 2025, at 14:00 CEST.

DHT Holdings (NYSE:DHT) has announced the sale of two VLCCs, the DHT Lotus and DHT Peony, for a combined price of $103 million. Both vessels, built in 2011 at Bohai Shipbuilding Heavy Industry Co, China, were originally acquired in 2017 as part of BW Group's VLCC fleet acquisition for $115.8 million.

The vessels are scheduled for delivery to the new owner in April and July. After repaying existing debt of $15.9 million, the transaction will generate net cash proceeds of approximately $85.0 million. The company expects to record gains of $17.5 million and $15.5 million in the second and third quarters respectively.

DHT Holdings (NYSE:DHT) has released its Q1 2025 business update, reporting estimated time charter equivalent earnings of $38,200 per day for its fleet. This includes $36,300 per day for VLCCs in the spot market and $42,700 per day for time-chartered VLCCs, based on 2,077 revenue days (1,465 spot days).

For Q2 2025, 56% of available spot days are booked at $48,700 per day, while 73% of total revenue days are secured at $45,100 per day. The company has secured two significant time charter contracts: a one-year agreement for DHT Tiger at $52,500 per day starting March 2025, and a seven-year contract for DHT Appaloosa with a $41,000 per day base rate plus profit-sharing, beginning May 2025.

DHT Holdings (NYSE:DHT) announced on March 20, 2025, that it has submitted its 2024 annual report on Form 20-F to the U.S. Securities and Exchange Commission (SEC). The company has made both the report and audited financial statements accessible through their website at www.dhtankers.com.

Shareholders interested in obtaining physical copies of the audited financial statements can request them at no cost by emailing info@dhtankers.com.

Due to the extremely information provided in this press release, I can only confirm that DHT Holdings (NYSE: DHT) announced its results for the fourth quarter ended December 31, 2024. The company indicated that the full report is available in an attachment, but no specific financial metrics, operational updates, or performance indicators were included in this announcement.