Hafnia Posts Record Q2 Profit of $277.8M, Declares $0.50 Dividend
HAFN sits 64% above its 52-week low of $5.17.
Summary
Hafnia reported Q2 2026 net profit of $277.8 million, up from $75.3 million a year ago, and declared a $0.5003 per share dividend. The results were driven by elevated tanker rates from Middle East supply disruptions.
Key Events · Earnings and Guidance · HAFN
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Record Q2 Net Profit
Net profit of $277.8 million ($0.56 per share) in Q2 2026, up from $75.3 million ($0.15 per share) in Q2 2025. H1 2026 net profit was $457.5 million ($0.92 per share).
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Dividend Declared
Quarterly dividend of $0.5003 per share, totaling $250.0 million, representing a 90% payout ratio. Ex-dividend dates are 7 September (Oslo) and 8 September (NYSE).
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Balance Sheet Strengthened
Net LTV fell to 13.0% from 20.2% in Q1 2026. NAV rose to approximately $4.4 billion, or $8.89 per share, driven by higher vessel valuations and lower debt.
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Market Tailwind
Average fleet TCE was $44,093 per day in Q2, up from $24,452 a year earlier, as Strait of Hormuz disruptions lengthened voyage distances and tightened product tanker supply.
Analysis · HAFN · Energy & Transportation
Hafnia delivered its strongest quarterly result since Q3 2022, with net profit surging to $277.8 million from $75.3 million a year earlier. The jump was driven by sustained disruption to Arabian Gulf flows and the closure of the Strait of Hormuz, which lengthened voyage distances and boosted tanker rates. The company also declared a $0.5003 per share dividend — a 90% payout ratio — reflecting a net LTV that fell to 13.0%, the lowest level in recent history. The results confirm the freight market tailwind is translating directly into shareholder returns, and the dividend alone represents an annualized yield of roughly 21% based on the first half of 2026.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, HAFN was trading at $8.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $5.17 to $9.54. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.