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DHT Holdings, Inc. Third Quarter 2022 Results

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DHT Holdings reported its quarterly results for September 30, 2022. The company emphasizes a robust operational approach with a fleet of VLCC crude oil tankers. DHT operates globally with management bases in Monaco, Norway, and Singapore. The report includes forward-looking statements regarding dividends, charter rates, and market conditions while advising caution due to inherent uncertainties. The full report is accessible through the company's official site.

Positive
  • Strong operational management and global presence with significant market exposure.
  • Fleet comprised of VLCC crude oil tankers supports strategic market positioning.
Negative
  • Uncertainties in forward-looking statements regarding dividends and market conditions.

HAMILTON, BERMUDA, November 7, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 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


FAQ

What were DHT Holdings' results for Q3 2022?

DHT Holdings announced its quarterly results, highlighting operational strength and market strategies.

How does DHT's fleet impact its market position?

DHT's VLCC crude oil tankers provide substantial market exposure and operational advantages.

What are the forward-looking risks mentioned by DHT Holdings?

DHT noted uncertainties in dividends, charter rates, and overall market conditions.

Where can I find the full report of DHT Holdings' Q3 2022?

The complete report is available on the DHT Holdings official website.

What is DHT Holdings' international operational strategy?

DHT operates through management bases in Monaco, Norway, and Singapore, focusing on effective capital structure and market responsiveness.

DHT HOLDINGS, INC.

NYSE:DHT

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1.66B
139.15M
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Oil & Gas Midstream
Energy
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United States of America
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