DHT Holdings reports strong Q3 earnings and high Q4 spot bookings
DHT Holdings said its fleet earned a time‑charter equivalent $141,300 per day in Q3 2026, with spot VLCCs at $167,100 per day and time‑chartered vessels at $114,200 per day. The company disclosed that about 50% of its Q4 spot‑market days are already booked at $509,100 per day and that 78% of all Q4 revenue days are secured at an average $225,200 per day. The news lifted the stock to a new 52‑week high.
Why it matters
The company said the higher booked rates give greater revenue visibility for the remainder of the year, which investors welcomed as a sign of strong charter market conditions. The stock rose 4.3%‑5.4% to a 52‑week high after the update.
Key facts
- 1Q3 fleet time‑charter equivalent earnings were $141,300 per day. tradingview.com
- 2Spot VLCCs earned $167,100 per day in Q3. tradingview.com
- 3Time‑chartered vessels earned $114,200 per day in Q3. tradingview.com
- 4The Q3 estimate was based on 2,055 revenue days, including 1,054 spot days. finance.yahoo.com
- 5Approximately 50% of Q4 spot‑market days were booked at $509,100 per day (discharge‑to‑discharge). finance.yahoo.com
- 6About 78% of Q4 revenue days were secured at an estimated average $225,200 per day. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.