Nordic American Tankers

Nordic American Tankers Ltd. operates as an international tanker company. It owns and operates Suezmax crude oil tankers. The company was founded by Herbjorn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

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Earnings data Q3 2024

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Tuesday, December 17, 2024   Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.5125 per share. He is now holding 3,700,000 shares.

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares

Thursday, December 12, 2024   Dear Shareholders and Investors,   This is to inform you that I personally and a company owned and guaranteed by me have today bought 100,000 shares in NAT at the price of USD 2.6129 per share.  Following this transaction the Hansson family owns an aggregate of 8,150,000 shares – being the largest private shareholder group in the company.

Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT

Wednesday, December 4, 2024   Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 194,341 shares in NAT at the price of USD 2.7802 per share.  Following this transaction the Hansson family owns an aggregate of 8,000,000 shares – being the largest private shareholder group in the company.

Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT

Nordic American Tankers reported weaker-than-expected Q3/2024 results and cut the quarterly dividend by 67% to $0.04 per share. While seasonal weakness impacted the company's average daily time charter equivalent ("TCE") rate, cash generation remained strong. In the press release, management hinted at near-term fleet expansion plans.

Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold

Nordic American Tankers (NAT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago.

Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates

Friday, November 29, 2024   Dear Shareholders and Investors,   Highlights:  The international profile of NAT is reflected in the fact that during the last five years our ships have loaded & discharged in 68 countries. Ninety day periods offer a short-term snapshot of a company.

Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good

Monday, November 25, 2024 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the “Meeting”) Thursday, November 21, 2024 in Monaco. A quorum was present, and the following resolutions were approved and adopted at the Meeting: Election of Founder, Chairman & CEO Herbjorn Hansson to serve as Director & Chairman of the BoardElection of Alexander Hansson to serve as Director of the BoardElection of Jenny Chu to serve as Director of the BoardApproval of the appointment of KPMG as the Company's independent auditors.

Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2024 Annual General Meeting of Shareholders

Tuesday, October 15, 2024   Dear Shareholders and Investors,   NYSE listed Nordic American Tankers Ltd (NAT) is pleased to announce a five-year time charter contract with a major international energy company. The rate is in the mid-high 30's and the contract is expected to commence in November 2024.

Nordic American Tankers Ltd (NYSE: NAT) – Long term contract with a major energy company

Monday, September 23, 2024   Dear Shareholders and Investors,   Please be informed that the date of the Annual General Meeting (AGM) in Nordic American Tankers Limited (NAT) has been set to November 21, 2024. The record date is September 16, 2024, for the determination of the NAT shareholders entitled to receive notice of and to vote at the AGM or any adjournment thereof.

Nordic American Tankers Ltd (NYSE: NAT) – 2024 Annual General Meeting of Shareholders (AGM)

Wednesday, September 11, 2024   Dear Shareholders and Investors, On September 2nd, 2024, we advised Shareholders and Investors that a Conference call would take place Thursday, September 12th. Conference Call timing: Date: Thursday September 12, 2024 Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Webcast URL: To join via webcast click on the link below and follow the instructions: https://edge.media-server.com/mmc/p/ntj8raco Dial-In numbers: Dial in to the Conference using one of the numbers below, closest to your location.

Nordic American Tankers Ltd (NYSE: NAT) – Shareholder/Investor conference Thursday September 12, 2024

Initiating coverage on Nordic American Tankers with a “Buy” rating, expecting 15-20% total returns over the next 12 to 15 months. NAT's strong financial flexibility and healthy credit metrics support its robust 12.9% dividend yield, making it an attractive investment despite recent stock declines. The company's high day rates and low operating costs ensure steady earnings, with industry trends indicating sustained demand and limited supply growth through 2026.

Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals

Suezmax tanker pure play Nordic American Tankers Limited reported Q2/2024 results ahead of consensus expectations and declared an unchanged quarterly cash dividend of $0.12 per common share. While results came in ahead of expectations, NAT's average daily time charter equivalent ("TCE") rate underperformed peers by a wide margin again. With charter rates under pressure in recent weeks, investors might have to prepare for a sequential dividend cut.

Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold

Monday, September 2, 2024 Dear Shareholders and Investors, Thursday September 12, 2024, we will host an Investor Conference Call with the main objective of providing an update on Nordic American Tankers Ltd, including prospects going forward. Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Dial-in details to be provided later.

Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference September 12, 2024

Nordic American Tankers (NAT) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.13 per share a year ago.

Nordic American Tankers (NAT) Q2 Earnings and Revenues Surpass Estimates

Thursday, August 29, 2024   Dear Shareholders and Investors, Highlights:    Ninety day periods offer a short-term snapshot of a company. However, it is more important to view the long-term picture.

Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2024 – A dividend company with good prospects

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Monday, August 5, 2024   Dear Shareholders and Investors, Over the last few days there has been a fall on the stock exchanges in several countries.   This is to reiterate that Nordic American Tankers Limited is in a solid position for further growth and prosperity.

Nordic American Tankers Ltd (NYSE: NAT) – Fall on some stock exchanges

Investors need to pay close attention to Nordic American Tankers (NAT) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Nordic American Tankers (NAT) Stock?

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Wednesday, May 29, 2024   Dear Shareholders and Investors,   Highlights:    Ninety day periods offer a short-term snapshot of a company, but it is also important to view the long-term picture. The values of our assets have seen a significant increase over the past years.

Nordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2024 – Dividend is a top priority.

Nordic American Tankers (NAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Nordic American Tankers (NAT) Q1 Earnings Expected to Decline

Tuesday, May 14, 2024   Dear Shareholders and Investors,   Please be advised that our 1Q 2024 Earnings Report is scheduled for release Wednesday May 29, 2024 before NYSE opening.   Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.

News for Nordic American Tankers Stock (NAT)