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DHT Holdings Inc

Company price
21.57 USD 0.76 ( 3.65%)
Last update at 2026-11-11T21:17:00Z
VOLUME
4749915
Market Cap
1688.89M
P/E
9.20

Momentum Score

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DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 16, 2023, it had a fleet of 23 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Source: TradingView
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Day Price Range
21.37
Low
21.94
High
52 Week Price Range
6.72
Low
11.29
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

DHT Holdings Inc. is a NYSE-listed owner and operator of crude oil tankers, primarily very large crude carriers (VLCCs), supplying vessels on spot and period charters. Long-term growth drivers include seaborne crude volumes, fleet renewal and scrapping dynamics, and global trade patterns that may support utilization and freight rates; returning cash could attract income-focused investors.

Key risks are volatile freight rates tied to oil demand cycles and evolving environmental regulations that could raise operating and compliance costs.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
20.81
Dividend Yield
10.96%
Revenue TTM
604.59M
Revenue Per Share
3.72
Gross Profit TTM
194.83M
Debt / Equity
0.37
ROE
18.39%
Net Debt
270.75M
ROCE
3.76%
Diluted EPS TTM
1.14

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 62.57M -11.15M 267.18M 73.81M -46.84M
Minority interest -0.46M -0.01M 0.02M 0.01M 0.01M
Net income 61.52M -11.51M 266.27M 73.68M -46.93M
Selling general administrative 16.89M 16.57M 17.89M 14.79M 15.05M
Gross profit 71.58M -3.00M 344.04M 153.66M 34.77M
Reconciled depreciation 123.25M 128.64M 124.25M 115.58M 103.48M
Ebit 54.27M -13.02M 313.59M 138.87M 15.98M
Ebitda 177.52M 115.62M 450.47M 254.59M 119.46M
Depreciation and amortization 123.25M 128.64M 136.88M 115.72M 103.48M
Operating income 54.27M -13.02M 313.59M 138.87M 16.30M
Other operating expenses 399.45M 310.80M 364.89M 396.20M 356.22M
Interest expense 26.20M 25.73M 38.41M 55.33M 54.21M
Tax provision 0.59M 0.36M 0.90M 0.13M 0.08M
Interest income 1.08M 0.01M 0.21M 63.34M 58.20M
Net interest income -27.95M -25.08M -39.53M -56.05M -58.81M
Income tax expense 0.59M 0.36M 0.90M 0.13M 0.08M
Total revenue 454.14M 295.85M 691.04M 535.07M 375.94M
Total operating expenses 16.89M 11.95M 17.89M 14.79M 15.05M
Cost of revenue 382.57M 298.85M 347.00M 381.41M 341.17M
Total other income expense net 8.30M 1.88M -46.41M -65.06M -7.76M
Net income from continuing ops 61.98M -11.51M 266.28M 73.68M -46.93M
Net income applicable to common shares 61.52M -11.52M 266.27M 73.68M -46.93M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1508.47M 1609.36M 1621.99M 1827.22M 1863.86M
Intangible assets - - - - 2.41M
Other current assets 2.80M 1.40M 1.04M 4.15M 1.63M
Total liab 434.99M 562.00M 513.05M 894.77M 1002.19M
Total stockholder equity 1068.48M 1047.33M 1108.92M 932.44M 861.67M
Other current liab 16.00M 16.18M 25.49M 21.01M 1.25M
Common stock 1.63M 1.66M 1.71M 1.47M 1.43M
Capital stock 1.63M 1.66M 1.71M 1.47M 1.43M
Retained earnings -180.66M -222.41M -188.71M -240.16M -285.38M
Other liab 3.54M 3.33M 3.96M 2.67M 0.54M
Good will 1.36M - - - -
Other assets 4.58M -0.00M 17.27M 11.65M 0.00M
Cash 125.95M 60.66M 68.64M 67.36M 94.94M
Cash and equivalents - 60.66M 68.64M 67.36M 94.31M
Total current liabilities 64.37M 41.94M 47.93M 130.24M 123.70M
Current deferred revenue 4.17M 4.87M 16.24M 0.93M 17.75M
Net debt 270.75M 461.64M 381.32M 783.62M 872.33M
Short term debt 29.63M 9.79M 3.40M 100.39M 93.81M
Short long term debt 29.63M 9.79M 3.40M 100.39M 93.81M
Short long term debt total 396.69M 522.30M 449.96M 850.97M 967.27M
Other stockholder equity 1243.75M 1264.00M 1291.51M 1169.54M 1143.74M
Property plant equipment 1266.95M 1471.61M 1480.76M 1591.08M 1663.74M
Total current assets 235.59M 131.97M 118.28M 218.29M 193.32M
Long term investments 0.00M 5.41M 5.23M 4.77M 4.39M
Net tangible assets 1067.12M 1047.33M 1108.47M 931.01M 859.26M
Net receivables 59.47M 30.36M 30.06M 107.85M 60.20M
Long term debt 367.07M 512.51M 446.56M 750.59M 873.46M
Inventory 33.07M 33.40M 11.85M 34.09M 32.21M
Accounts payable 14.58M 11.11M 2.81M 7.91M 10.88M
Accumulated other comprehensive income 3.76M 4.07M 4.42M 1.60M 1.88M
Common stock total equity - - 1.71M 1.47M 1.43M
Treasury stock - - - - -1.36M
Non currrent assets other -0.00M 0.00M - -0.00M 1670.53M
Non current assets total 1272.88M 1477.39M 1503.71M 1608.93M 1670.53M
Capital lease obligations 3.94M - - - -
Long term debt total - 512.51M 446.56M 752.83M 873.46M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 110.52M 1.03M -26.72M -53.37M -188.16M
Change to liabilities -0.69M -9.82M 8.39M -0.10M 8.23M
Total cashflows from investing activities 110.52M -86.51M -26.72M -53.37M -188.16M
Net borrowings -128.91M 72.23M -287.20M -98.24M 168.34M
Total cash from financing activities -173.34M 17.97M -501.87M -130.18M 151.83M
Change to operating activities - 0.13M 0.85M -3.03M -0.89M
Net income 61.98M -11.51M 266.28M 73.68M -46.93M
Change in cash 65.29M -7.98M 1.28M -27.59M 17.65M
Begin period cash flow 60.66M 68.64M 67.36M 94.94M 77.29M
End period cash flow 125.95M 60.66M 68.64M 67.36M 94.94M
Total cash from operating activities 127.91M 60.56M 529.87M 155.96M 53.98M
Depreciation 123.25M 128.64M 124.25M 115.58M 103.48M
Other cashflows from investing activities -0.00M 88.05M 0.40M 0.43M -0.00M
Dividends paid -19.68M -22.08M -214.67M -28.68M 11.49M
Change to inventory 0.33M -21.54M 22.23M -1.87M -9.99M
Change to account receivables -28.70M -0.30M 77.79M -47.65M -25.42M
Sale purchase of stock -24.76M -32.18M 0.00M -3.25M -5.03M
Other cashflows from financing activities 4.01M -0.00M -26.72M -0.00M 616.63M
Change to netincome -31.34M -27.57M 24.56M 11.34M 13.94M
Capital expenditures 10.14M 174.61M 27.55M 53.88M 234.97M
Change in working capital -28.44M -31.54M 109.26M -52.65M -28.07M
Stock based compensation 4.13M 4.35M 5.11M 2.33M 2.60M
Other non cash items -33.02M 2.55M 5.54M 8.00M 15.15M
Free cash flow 117.76M -114.04M 502.32M 102.07M -180.98M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Midstream

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
DHT
DHT Holdings Inc
0.76
3.65%
21.57 9.20 6.83 2.71 1.60 3.55 6.59
EBBNF
Enbridge Inc
-0.10
0.40%
24.90 11.23 - 1.48 - - -
EPD
Enterprise Products Partners LP
0.03
0.08%
37.16 13.38 12.24 1.43 2.76 2.01 11.37
ENB
Enbridge Inc
0.20
0.42%
47.96 32.07 17.33 1.67 1.73 2.98 10.28
ET
Energy Transfer LP
-0.04
0.18%
19.39 14.71 12.67 0.68 2.09 1.33 8.25

Profile*

DHT Holdings Inc

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 16, 2023, it had a fleet of 23 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Clarendon House, Hamilton, Bermuda, HM 11

441 295 1422

1252

Name Title Year Born
Mr. Svein Moxnes Harfjeld Pres & CEO 1964
Ms. Laila C. Halvorsen Chief Financial Officer 1975
Mr. J. Stephen Eglin Director of Chartering & Operations NA
Mr. Svenn Magne Edvardsen Technical Director 1970
Mr. Wilhelm Flinder Mang. of Investor Relations & Bus. Analysis NA
Donald J. Puglisi Managing Director of Puglisi & Associates NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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