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 | 376,903 | $2.43M | $2.79M | $369,412.73 | 15.23% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,075 | $8,170 | $7,987.25 | -$182.75 | -2.24% |
Bridgewater Associates LP Bridgewater Associates LP | 159,538 | $850,337.89 | $1.19M | $339,017.9 | 39.87% |
Point72 Asset Management LP Point72 Asset Management LP | 506,120 | $3.85M | $3.78M | -$63,265 | -1.64% |
| YA Yinka Akinsola Blue Trust Inc. | 6,321 | $48,039.6 | $47,249.47 | -$790.13 | -1.64% |
| Energy Equipment & Services Industry | Energy Sector | Mikael Opstun Skov CEO | NYSE Exchange | Y2990R101 CUSIP |
| SG Country | 4,959 Employees | 3 Jun 2026 Last Dividend | - Last Split | - IPO Date |