DHT Holdings announces a one-year charter for the DHT Taiga at $94,000 per day, starting March 2026.
Quiver AI Summary
DHT Holdings, Inc. announced a one-year time charter agreement for its VLCC DHT Taiga at a rate of $94,000 per day, starting in March 2026, with a global energy company. This vessel, built in 2012, adds to the company's operational capacity. DHT Holdings is an independent crude oil tanker company with a fleet focusing on VLCCs and operates internationally from its management offices in Monaco, Norway, Singapore, and India. The press release also includes a caution about forward-looking statements related to future events and the uncertainties surrounding them, encouraging readers to not overly rely on such projections.
Potential Positives
- DHT Holdings, Inc. has secured a one-year time charter for the VLCC DHT Taiga at a rate of $94,000 per day, indicating strong demand and favorable market conditions.
- The contract is established with a global energy company, enhancing DHT's credibility and visibility in the industry.
- The charter is expected to commence in March 2026, providing a clear revenue stream and financial stability for the company moving forward.
Potential Negatives
- The press release highlights the reliance on a single, one-year charter agreement, which may raise concerns about the company's exposure to market volatility and potential fluctuations in revenue if no additional contracts are secured afterward.
- The significant daily charter rate of $94,000 may imply lower long-term revenue stability if market rates decline, presenting a risk to future earnings.
- The use of forward-looking statements includes disclaimers that indicate uncertainty regarding the company's future performance, potentially raising concerns among investors about the reliability of the company's projections.
FAQ
What is the new time charter agreement for DHT Taiga?
DHT Holdings has secured a one-year time charter for the DHT Taiga at $94,000 per day, starting March 2026.
Who is the charter agreement with?
The charter agreement is concluded with a global energy company.
What type of vessel is the DHT Taiga?
The DHT Taiga is a Very Large Crude Carrier (VLCC) built in 2012.
Where does DHT Holdings operate its fleet?
DHT Holdings operates internationally with offices in Monaco, Norway, Singapore, and India.
How can I find more information about DHT Holdings?
For more information, please visit DHT Holdings' website at www.dhtankers.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DHT Hedge Fund Activity
We have seen 155 institutional investors add shares of $DHT stock to their portfolio, and 129 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENCOMPASS CAPITAL ADVISORS LLC removed 1,899,098 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $22,694,221
- MAREX GROUP PLC added 1,066,552 shares (+5860.2%) to their portfolio in Q4 2025, for an estimated $13,022,599
- POINTSTATE CAPITAL LP removed 885,740 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $10,584,593
- CITADEL ADVISORS LLC added 766,744 shares (+320.1%) to their portfolio in Q4 2025, for an estimated $9,361,944
- JACOBS LEVY EQUITY MANAGEMENT, INC added 731,103 shares (+inf%) to their portfolio in Q4 2025, for an estimated $8,926,767
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 621,826 shares (+33.5%) to their portfolio in Q4 2025, for an estimated $7,592,495
- PUBLIC SECTOR PENSION INVESTMENT BOARD added 608,601 shares (+447.5%) to their portfolio in Q4 2025, for an estimated $7,431,018
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DHT Analyst Ratings
Wall Street analysts have issued reports on $DHT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 02/04/2026
- Evercore ISI Group issued a "Outperform" rating on 10/28/2025
To track analyst ratings and price targets for $DHT, check out Quiver Quantitative's $DHT forecast page.
$DHT Price Targets
Multiple analysts have issued price targets for $DHT recently. We have seen 3 analysts offer price targets for $DHT in the last 6 months, with a median target of $16.0.
Here are some recent targets:
- Gregory Lewis from BTIG set a target price of $18.0 on 02/04/2026
- Omar Nokta from Jefferies set a target price of $16.0 on 10/30/2025
- Jonathan Chappell from Evercore ISI Group set a target price of $15.0 on 10/28/2025
Full Release
DHT Holdings, Inc. secures one-year time charter for DHT Taiga
HAMILTON, BERMUDA, February 19, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced it has entered into a one-year time charter agreement at $94,000 per day for the VLCC DHT Taiga, built in 2012. The contract is expected to commence in March 2026 and has been concluded with a global energy company.
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, Singapore, and India. 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 fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate 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. 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 SEC on March 20, 2025.
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: [email protected]
