DHT - Equity Research Report
Industry: Crude Oil Tankers | HQ: Monaco | Mkt Cap: $ 1.744B
Introduction
At a share price of $11.00, DHT Holdings Inc. commands a market capitalization of ~$1.75B, supported by a fully owned fleet of 25 modern VLCCs with an average age of nine years.
Headquartered in Bermuda, the company manages operations through integrated subsidiaries in Monaco, Norway, Singapore, and India. As of Q1 2025, DHT holds $103M in cash against $210M of net debt, reflecting a conservative balance sheet.
DHT 0.00%↑ has paid dividends for 61 consecutive quarters, highlighting a consistent commitment to shareholder returns.