United States

DHT Holdings Inc (DHT)

DHT on New York Consolidated

22 Sep 2017
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$0.15 (+3.83%)
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Latest Key Developments (Source: Significant Developments)

DHT Holdings reports Q2 earnings per share $0.04
Tuesday, 8 Aug 2017 04:52pm EDT 

Aug 9 (Reuters) - DHT Holdings Inc -:DHT Holdings Inc second quarter 2017 results.Q2 earnings per share $0.04.Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.DHT Holdings Inc qtrly ‍adjusted net revenue $59.6 million versus $70.7​ million last quarter.Q2 earnings per share view $0.01, revenue view $62.7 million -- Thomson Reuters I/B/E/S.  Full Article

DHT Holdings files shelf registration statement on form F-3
Wednesday, 5 Jul 2017 04:31pm EDT 

July 5 (Reuters) - DHT Holdings Inc ::DHT Holdings, Inc files shelf registration statement on form f-3.Says shelf registration statement will allow DHT to more readily raise up to $850 million in capital.Says shelf registration statement also registers 47.7 million common shares that were issued to BW Group limited.Says it has no present intention to utilize shelf registration statement.Says it has received no indication that BW Group is planning to sell any of its shares in DHT.  Full Article

DHT Holdings says 47.7 mln common shares offered by the selling shareholder‍​s‍​
Friday, 30 Jun 2017 07:24am EDT 

June 30 (Reuters) - DHT Holdings Inc :Files for mixed shelf of upto $850 million - SEC Filing.DHT Holdings Inc - 47.7 million common shares offered by the selling shareholder‍​s‍​.Says will not receive any of the proceeds from any such sales of shares of common stock by the selling shareholders.DHT Holdings says plan to use net proceeds from sale of securities to fund expansion of fleet, pending vessel acquisitions and shipbuilding contracts.  Full Article

DHT says Marshall Islands court dismisses Frontline legal action
Monday, 19 Jun 2017 04:00am EDT 

June 19 (Reuters) - Dht Holdings Inc :Says high court of Marshall Islands has dismissed, with prejudice, legal action filed by Frontline.Says Frontline is now precluded from bringing similar claims against DHT, its directors and BW Group in any other court.  Full Article

DHT Holdings SAYS court denies Frontline's request for preliminary injunction
Wednesday, 7 Jun 2017 12:15pm EDT 

June 7 (Reuters) - DHT Holdings Inc :DHT Holdings, Inc.: Court denies Frontline's request for a preliminary injunction.High court of Marshall Islands has denied Frontline Ltd's request for a preliminary injunction.Court cited "Frontline's failure to demonstrate a probability of success on merits of its claims".Injuction is relating to transactions contemplated by previously announced vessel acquisition agreement between co and BW Group Limited.‍High court of Marshall Islands, Supreme Court of State of NY rejected Frontline's attempt to interfere with co's deal of BW's fleet​.Court noted that Frontline "has no likelihood of success" on any challenge to rights plan implemented by DHT board.  Full Article

DHT Holdings Inc Q1 earnings per share $0.15
Monday, 8 May 2017 04:29pm EDT 

May 8 (Reuters) - DHT Holdings Inc :DHT Holdings Inc first quarter 2017 results.Q1 adjusted earnings per share $0.23.Q1 earnings per share $0.15.Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Q1 adjusted net revenue $70.7 million versus $90.2 million.Q1 revenue view $73.3 million -- Thomson Reuters I/B/E/S.  Full Article

DHT Holdings Inc acquires 11 VLCCs from BW Group
Thursday, 23 Mar 2017 04:52am EDT 

DHT Holdings Inc : DHT Holdings Inc Announces acquisition of 11 VLCCsfrom bw group and equity issue at $5.37 per share . Says expects that BW Group's VLCC fleet will be delivered during Q2 of 2017 . DHT Holdings Inc - BW Group's VLCC fleet has a value of approximately $538 million at prevailing broker valuations . Says fleet consists of 11 VLCCs, including two newbuildings due for delivery in 2018. . DHT Holdings Inc - will finance acquisition by issuing approximately $256 million of DHT capital stock, consisting of approximately 32 million shares of DHT common stock .DHT Holdings Inc - will also pay BW Group $177.36 million in cash and assume approximately $104.16 million in remaining obligations with respect to two newbuildings.  Full Article

DHT Holdings announces sale of its oldest VLCC
Friday, 17 Mar 2017 08:36am EDT 

Dht Holdings Inc - : Announces sale of its oldest VLCC . Deal for for $24.8 million . About $13.0 million of bank debt will be repaid in connection with sale and company will record a book loss of about $4.0 million in Q1 2017 .Company will deliver vessel to its new owners during Q2 and it is expected to retire from trading fleet.  Full Article

DHT Holdings announces financing of VLCC newbuildings
Wednesday, 1 Mar 2017 07:15am EST 

Dht Holdings Inc : Announces financing of VLCC newbuildings . Financing will cover about 50% of contract price with remainder being financed by cash at hand . Financing has a 5 year tenor and its 20 year repayment profile is in support of DHT'S low cash break-even levels . Does not intend to issue any stock to finance two newbuildings .Bank financing has a margin of 250bps above libor and 50% of financing is structured as a revolving credit facility.  Full Article

Frontline CEO sees more options after failed DHT bid
Tuesday, 28 Feb 2017 09:28am EST 

Frontline Management CEO Robert Hvide Macleod said: there are plenty of options in the market, there are other things we could do than the DHT deal . we are surprised and disappointed DHT turned down our offer, we are considering our next step . there have been some conversations with DHT but no negotiations, there is where it stands . we think earnings will be lower in 2017 than we saw in 2016 due to peak in newbuildings . we believe market will start tightening in 2018 when lower order book and old vessels are retiring . many customers want vessels that are no more than 15 years old at the most; Chinese clients have that preference and it's more and more difficult to find employment for vessels that are older ... this trend will definitely contribute to a stronger market in 2018 and 2019 Further company coverage: [DHT.N][FRO.OL] (Reporting by Ole Petter Skonnord, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).  Full Article

BRIEF-DHT Holdings reports Q2 earnings per share $0.04

* Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S