DHT Holdings is expected to remain in the black during the first quarter when it reports its results for the period later today.
Consensus among analysts is for an adjusted profit of $16m for the opening three months of 2017.
According to James Jang at Maxim analysts are charting earnings per share of $0.20 for the period.
“We believe there is further upside in the stock as the BW Group VLCC fleet is delivered in 2Q17 coupled with a return to mid-cycle rates in 2018 should position DHT to increased profitability,” he said.
