DHT DHT Holdings, Inc.
Price Chart
Executive Summary
DHT Holdings reported strong first-quarter 2026 estimated TCE earnings of $78,800 per day, driven by a spot fleet average of $106,000 per day (discharge-to-discharge). Second-quarter booking momentum continues with 49% of spot days secured at $189,500 per day, signaling sustained rate strength in the VLCC tanker market.
Key Financial Metrics
Actionable Insight
Traders should view this as a strong leading indicator of robust Q1 earnings and superior Q2 revenue visibility. The sharp increase in spot rates—nearly double Q1 levels—suggests meaningful EPS upside potential, especially as DHT maintains market exposure through spot vessels. Monitor full financials for confirmation and any changes in fleet utilization or cost structure.
Key Facts
- Q1 2026 estimated TCE earnings: $78,800 per day
- VLCC spot fleet TCE: $91,700 per day, or $106,000 per day on a discharge-to-discharge basis
- 71% of Q2 2026 revenue days booked at $115,400 per day average
- 49% of Q2 spot days booked at $189,500 per day on discharge-to-discharge basis
- 1,994 total revenue days in Q1, with 1,152 from spot operations
Financial Impact
Q1 TCE of $78,800/day significantly above prior-year levels; Q2 forward bookings at $189,500/day on spot suggest accelerating revenue potential
Risk Factors
- Forward-looking estimates are subject to change based on actual voyage settlements and IFRS 15 adjustments
- VLCC rates are cyclical and current high spot rates may not persist through full Q2
- Geopolitical or demand shocks could disrupt tanker rate momentum
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3274269 |
Track record builds as more directional reports settle.
Filters
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Jun 4, 2026
10d ago
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Press Release
| $16.24 $16.65 | ▲ +2.52% | ▲ +5.12% | $17.57 (+8.19%) |
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May 5, 2026
5w ago
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6-K
| $18.94 $18.94 | · 0.00% | ▲ +0.33% | $17.57 (−7.23%) |
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May 5, 2026
5w ago
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6-K
| $19.10 $18.94 | ▼ −0.84% | ▼ −2.22% | $17.57 (−8.01%) |
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Apr 21, 2026
7w ago
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Press Release
| $17.74 $17.79 | ▲ +0.28% | ▲ +0.68% | $17.57 (−0.96%) |
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Apr 15, 2026
8w ago
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Press Release
| $17.66 $17.72 | ▲ +0.34% | ▲ +0.09% | $17.57 (−0.51%) |
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Mar 30, 2026
10w ago
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Press Release
| $17.93 $18.27 | ▲ +1.90% | ▼ −0.99% | $17.57 (−2.01%) |
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Mar 19, 2026
12w ago
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Press Release
| $17.27 $17.77 | ▲ +2.90% | ▲ +1.79% | $17.57 (+1.74%) |
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Mar 6, 2026
14w ago
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Press Release
| $18.97 $18.63 | ▼ −1.79% | ▼ −1.61% | $17.57 (−7.38%) |
US Market Status
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