DHT Holdings, Inc. Fourth Quarter 2022 Results

Rhea-AI Summary

DHT Holdings, Inc. reported its financial results for Q4 2022, highlighting the operational performance of its crude oil tanker fleet. Although specific figures were not disclosed in the summary, the company remains committed to prudent capital allocation and maintaining operational integrity. The press release emphasized DHT's focus on the VLCC segment and its international trading capabilities. DHT is known for its counter-cyclical investment philosophy and transparent governance. Stakeholders are advised to refer to the detailed financial report linked within the announcement.

Positive

• DHT's focus on quality operations and customer service promotes long-term stability.
• The company maintains a prudent capital structure, enhancing its resilience.
• DHT operates an internationally trading fleet in the VLCC segment, providing diversified market exposure.

Negative

• None.

HAMILTON, BERMUDA, February 8, 2023 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2022.

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, Norway and Singapore. 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: http://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, 2022.
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

• DHT Q4 2022 financial report

FAQ

What were DHT Holdings' financial results for Q4 2022?

DHT Holdings announced its Q4 2022 financial results but did not specify exact figures in the press release.

What is the strategic focus of DHT Holdings?

DHT focuses on first-rate operations, customer service, and maintaining a prudent capital structure.

How does DHT Holdings approach market cycles?

DHT employs a counter-cyclical investment philosophy to promote stability through varying market conditions.

What segment does DHT Holdings operate in?

DHT operates in the VLCC segment of the crude oil tanker market.

Where can I find DHT Holdings' Q4 2022 financial report?

The detailed financial report for Q4 2022 is available through the link provided in the press release.