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DHT Holdings, Inc. Third Quarter 2021 Results

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DHT Holdings, Inc. (NYSE:DHT) announced its Q3 2021 financial results on November 2, 2021. The company operates a fleet of crude oil tankers in the VLCC segment and maintains a strong focus on quality operations and customer service. DHT emphasizes a prudent capital structure and a counter-cyclical approach to investments and fleet employment. As of September 30, 2021, details about dividends and operational metrics were shared, highlighting the company's commitment to maintaining transparency and governance.

Positive
  • Strong operational focus on first-rate service and fleet quality.
  • Prudent capital structure aimed at stability during business cycles.
Negative
  • None.

HAMILTON, BERMUDA, November 2, 2021 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 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

Wilhelm Flinder, Manager – Investor Relations & Business Analysis
Phone: +1 441 295 1422 and +47 936 11 350
Email: wf@dhtankers.com

Attachment


FAQ

What are the Q3 2021 results for DHT Holdings?

DHT Holdings released its Q3 2021 results on November 2, 2021, focusing on operational and financial metrics.

How does DHT manage its fleet operations?

DHT manages its fleet with an emphasis on quality operations and customer service, operating internationally.

What is the business focus of DHT Holdings?

DHT is focused on independent crude oil tanker operations, particularly within the VLCC segment.

What is DHT's approach to capital structure?

DHT emphasizes a prudent capital structure that aims for stability through business cycles.

DHT HOLDINGS, INC.

NYSE:DHT

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Oil & Gas Midstream
Energy
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United States of America
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