Why These 15 Oil & Gas Stocks Are Skyrocketing So Far In 2025

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6. DHT Holdings (NYSE:DHT)

Number of Hedge Fund Holders In Q3 2024: 22

DHT Holdings, Inc. (NYSE:DHT) operates a fleet of 24 Very Large Crude Carriers (VLCCs). It has a balanced revenue model with 64% of its fleet on fixed-term charters (12–18 months) and the remainder exposed to volatile spot rates.

DHT stock is up significantly so far in 2025 due to solid performance and shareholder-friendly actions.

The company posted Q4 2024 time-charter-equivalent earnings of $38,800/day. Spot rates outperformed fixed charters ($47,200 vs. $38,900/day).

Moreover, DHT repurchased 1.48 million shares (0.9% of outstanding stock) at $8.89/share in December 2024. Forward bookings for Q1 2025 showed 65% of revenue days secured at $35,800/day, which provided near-term cash flow visibility despite the spot rate softening to $31,400/day.

Analysts now expect solid earnings growth in the coming years.

The consensus price target of $11.23 implies 0.8% downside.

DHT stock is up 17.4% year-to-date.

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