| DHT Holdings is engaged in operating a fleet of crude oil tankers. As of Mar. 16, 2017, Co.'s fleet consisted of 21 crude oil tankers of which all are wholly-owned by Co. The fleet in operation consists of 19 very large crude carriers, which are tankers ranging in size from 200,000 to 320,000 deadweight tons and two Aframax tankers, which are tankers ranging in size from 80,000 to 120,000 dwt. Co.'s fleet principally operates on international routes and its fleet in operation had a combined carrying capacity of 6,087,095 dwt and an average age of approximately 7.4 years. We show 8 historical shares outstanding datapoints in our DHT shares outstanding history coverage, used to compute DHT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DHT market cap history over the course of time is important for investors
interested in comparing DHT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DHT versus a peer is one thing; comparing
DHT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DHT can fluctuate over the course of history.
With this page we aim to empower investors researching DHT by allowing them to research the DHT market cap history.