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DHT Holdings Reports Strong Charter Earnings for 2024
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DHT Holdings Reports Strong Charter Earnings for 2024

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DHT Holdings ( (DHT) ) has shared an announcement.

DHT Holdings, Inc. announced its estimated time charter equivalent earnings for the fourth quarter of 2024, reporting $38,800 per day for its fleet. The company’s VLCCs operating in the spot market and on time-charter had earnings of $38,200 and $40,500 per day, respectively. For the full year 2024, estimated earnings were $45,200 per day, with spot market VLCCs earning $47,200 and time-charter VLCCs earning $38,900. As of early 2025, DHT has booked 51% of its available spot days at an average rate of $31,400 per day, and 65% of combined spot and time-charter days at $35,800 per day.

More about DHT Holdings

DHT Holdings, Inc. is an independent crude oil tanker company that operates a fleet of Very Large Crude Carriers (VLCCs) trading internationally. The company is recognized for its first-rate operations and customer service, quality ships, and a prudent capital structure. DHT has integrated management companies located in Monaco, Norway, Singapore, and India, and follows a counter-cyclical philosophy in its investments and fleet employment.

YTD Price Performance: 15.04%

Average Trading Volume: 1,671,058

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.73B

See more insights into DHT stock on TipRanks’ Stock Analysis page.

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