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DHT Holdings, Inc. Fourth Quarter 2021 Results

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DHT Holdings reported its financial results for the fourth quarter of 2021, highlighting its operational stability in the crude oil tanker market. The company operates a fleet of very large crude carriers (VLCCs) and emphasizes its prudent capital structure, focusing on customer service and market exposure. DHT's integrated management companies are located in Monaco, Singapore, and Norway, supporting its global operations. The full financial report is available online. Forward-looking statements regarding dividends, daily charter rates, and oil prices indicate cautious optimism, though risks remain.

Positive
  • Stable operational performance in the crude oil tanker market.
  • Strong focus on customer service and capital management.
  • DHT operates a fleet of VLCCs, positioning it well in the sector.
Negative
  • None.

HAMILTON, BERMUDA, February 7, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2021.

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, Singapore and Norway. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect to investments, employment of our fleet, and capital allocation; and our transparent corporate structure maintaining a high level of integrity and good governance. For further information please visit www.dhtankers.com.

Forward looking statements

This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events, in particular regarding dividends (including our dividend plans, timing and the amount and growth of any dividends), daily charter rates, vessel utilization, the future number of newbuilding deliveries, oil prices and seasonal fluctuations in vessel supply and demand. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.  These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties.  Given these uncertainties, you should not place undue reliance on these forward-looking statements.  These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results.  For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission on March 25, 2021.
The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law.  In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.
 
Contact 
 
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com

Attachment


FAQ

What were DHT's financial results for Q4 2021?

DHT Holdings announced its financial results for the quarter ending December 31, 2021, focusing on operational stability.

What is DHT's business focus?

DHT is an independent crude oil tanker company that operates a fleet of very large crude carriers (VLCCs) globally.

Where are DHT's management companies located?

DHT operates through integrated management companies in Monaco, Singapore, and Norway.

What does DHT's forward-looking statement include?

It includes projections about dividends, daily charter rates, vessel utilization, and oil prices, reflecting management's expectations.

DHT HOLDINGS, INC.

NYSE:DHT

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1.73B
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Oil & Gas Midstream
Energy
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United States of America
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