2024-02-18 09:09:31 ET
Summary
- DHT is a tanker company with a fleet of 24 VLCCs, 79% of the fleet is exposed to the spot market.
- The company had a strong 2023, generating $302.0M in adjusted EBITDA and $161.4M in net income.
- DHT has a clean balance sheet with low financial leverage, resulting in a healthy margin in the current environment.
Overview
DHT Holdings (DHT) is a U.S. listed tanker company with 24 very large crude carriers ("VLCCs"). 79% of the fleet is presently exposed to the spot market, while the remaining portion is on time charters, at relatively healthy levels....
Read the full article on Seeking Alpha
For further details see:
DHT: Good 2023 Results And Likely Continued Earnings Strength Going Forward