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DHT Holdings adds Ana Zambelli to its Board of Directors

EditorNatashya Angelica
Published 01/02/2024, 08:12 pm
© Reuters.
DHT
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HAMILTON, BERMUDA - DHT Holdings, Inc. (NYSE:DHT), an independent crude oil tanker company, has announced the appointment of Ms. Ana Zambelli to its Board of Directors, effective today. Ms. Zambelli, a Brazilian citizen and resident, is recognized for her extensive experience spanning over two decades in the energy sector, encompassing operational, commercial, and financial roles.

With a mechanical engineering degree from the Federal University of Rio de Janeiro and a master's degree in petroleum engineering from Heriot-Watt University, UK, Ms. Zambelli has held significant positions across the industry. Her career includes roles as Managing Director at Transocean (NYSE:RIG), Chief Commercial Officer at Maersk Drilling, and President of Schlumberger (NYSE:SLB)'s Brazilian division. She has also been a Managing Director in Brookfield's Private Equity Group, focusing on business operations in Brazil.

Ms. Zambelli's board experience is well-established, having served on the boards of several companies, including BRK Ambiental, Unidas, Aldo Solar, Petrobras, and Braskem. Additionally, she has been a proactive advocate for diversity, founding and leading the Diversity Committee at the Brazilian Petroleum Institute since 2018. Currently, she serves as an independent board member for Seadrill, Galp, and BW Energy.

DHT Holdings operates a fleet of crude oil tankers in the VLCC segment, trading internationally with integrated management companies in Monaco, Norway, Singapore, and India. The company prides itself on its focus on first-rate operations, customer service, quality ships, prudent capital structure, and transparent corporate structure.

The information regarding Ms. Zambelli's appointment and her professional background is based on a press release statement from DHT Holdings. The company has a policy of not providing forward-looking statements, as indicated in its latest Annual Report on Form 20-F filed with the SEC on March 23, 2023, and advises against undue reliance on such statements due to the inherent risks and uncertainties.

InvestingPro Insights

In light of the recent appointment of Ms. Ana Zambelli to the Board of Directors of DHT Holdings, investors might be interested in how the company is currently performing financially. According to real-time data from InvestingPro, DHT Holdings has a market capitalization of $1.79 billion and is trading with a P/E ratio of 9.61, indicating a potentially undervalued stock compared to the industry average. The company also boasts a strong revenue growth of 56.94% over the last twelve months as of Q3 2023, reflecting its operational success.

Moreover, DHT Holdings has maintained dividend payments for 16 consecutive years, with a significant dividend growth of 375% over the last twelve months as of Q3 2023, and currently offers a high dividend yield of 6.83%. This demonstrates the company's commitment to shareholder returns. Additionally, the firm has a solid track record of profitability, with a return on assets of 12.68% as of the same period.

For those looking to delve deeper into DHT Holdings' financial health and future prospects, there are additional InvestingPro Tips available. For instance, while analysts predict that the company will be profitable this year, there have been recent revisions to earnings estimates for the upcoming period. Subscribers to InvestingPro+ can access over 10 additional tips, providing a more comprehensive analysis of DHT Holdings' potential investment opportunities.

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This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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