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 | $3.11M | $437,826.13 | 16.37% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,118 | $7,423.52 | $8,183.76 | $760.24 | 10.24% |
| CV Christina Vaughan-Lahner Causeway Capital Management LLC | 697,424 | $4.62M | $5.31M | $686,628.79 | 14.86% |
| JM John Malone Amundi | 25,105 | $142,906.76 | $188,036.45 | $45,129.69 | 31.58% |
Point72 Asset Management LP Point72 Asset Management LP | 482,485 | $3.67M | $3.73M | $67,547.9 | 1.84% |
| Energy Equipment & Services Industry | Energy Sector | Mikael Opstun Skov CEO | NYSE Exchange | Y2990R101 CUSIP |
| SG Country | 4,876 Employees | 7 Sep 2026 Last Dividend | - Last Split | - IPO Date |