HAFN represents the best value in what I believe will be a multiyear up cycle in the refined product shipping industry. HAFN's dividend is currently producing a 21% yield. Following structural changes in the refining industry and the low vessel order book, I believe high teen yields are sustainable. HAFN shows leading performance metrics in terms of break-even rates, fleet age, EV to EBITDA valuation, and dividend yield.
Hafnia Limited (NYSE:HAFN ) Q2 2024 Earnings Call Transcript August 23, 2024 8:30 AM ET Company Participants Mikael Skov - CEO Jens Christophersen - EVP, Commercial Perry Van Echtelt - CFO Conference Call Participants Omar Nokta - Jefferies Frode Morkedal - Clarksons Platou Securities AS Operator Welcome to Hafnia Second Quarter 2024 Financial Results Presentation. We will begin shortly.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Tweedy Browne Tweedy, Browne Company LLC | 414,383 | $2.67M | $4.2M | $1.52M | 56.89% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,118 | $7,423.52 | $11,895.52 | $4,472 | 60.24% |
| CV Christina Vaughan-Lahner Causeway Capital Management LLC | 697,424 | $4.62M | $7.05M | $2.43M | 52.59% |
| KJD Kathryn J. Daniels Canada Pension Plan Investment Board | 905,683 | $4.24M | $9.07M | $4.82M | 113.61% |
| LW Landry Watson AVANTAX ADVISORY SERVICES Inc. | 19,802 | $89,502.7 | $200,198.22 | $110,695.52 | 123.68% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Gregory Lewis BTIG | 75.43 | $763.37 | $763.37 | - | - |
| Energy Equipment & Services Industry | Energy Sector | Søren Steenberg Jensen CEO | NYSE Exchange | Y2990R101 CUSIP |
| SG Country | 4,876 Employees | 7 Sep 2026 Last Dividend | - Last Split | - IPO Date |