Hunter Group (HUNT) Q2 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 earnings summary
21 Sep, 2026Executive summary
Achieved record operating cash flow and strong net profit in Q2 2026, with high spot rates and full vessel utilization supporting robust financial performance.
Board proposes a NOK 1.50 per share dividend, subject to EGM approval, reflecting focus on shareholder returns.
Financial highlights
Q2 2026 net profit: USD 47.0m; H1 2026 net profit: USD 100.0m.
Q2 2026 operating cash flow: USD 46.0m; H1 2026: USD 57.4m.
Q2 2026 EPS: USD 0.35; H1 2026 EPS: USD 0.74.
Spot rates averaged USD 452,922/day in Q2 2026; 100% vessel utilization.
Cash and working capital at period end: USD 70.3m.
Outlook and guidance
VLCC market fundamentals remain strong, with high forward and time charter rates.
Elevated ton-mile demand due to ongoing Middle East conflict; strong market expected even if conflict resolves.
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