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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Today we have entered into a sales agreement for a 2003-built suezmax tanker. The price is $21 million net to NAT. The vessel will be delivered to its new owner in 4Q 2022. The cash proceeds will be used to reduce our debt. A NAT objective is to become debt free as was the case earlier.

Nordic American Tankers Ltd (NYSE: NAT) – Sale of Suezmax tanker (2003 built)

This is to reconfirm that the business of NAT(rates, earnings) is solid and prospects are good.

Nordic American Tankers Ltd (NYSE: NAT) – Solid rates and earnings

Nordic American Tankers Ltd (NYSE: NAT) – A NAT Suexmax tanker today commenced a one year Time Charter contract

Nordic American owns a fleet of 20 Suezmax tankers. Tanker rates have increased in recent months and are forecasted to stay higher for longer due to re-routed Russian oil flows.

Nordic American Tankers: Higher For Longer

Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson now privately holds 2 million NAT shares

Now just might be a great time to buy Nordic American Tankers stock.

Why Nordic American Tankers Stock Popped 10% Today

Nordic American Tankers Ltd. NAT, +4.84% rose 3% in premarket trades on Tuesday after the shipping company said it expects to increase its dividend by an unspecified amount because of stronger market conditions.

Nordic American Tankers shares rise on plans to hike dividend

Nordic American Tankers Ltd (NYSE: NAT) – In the news - Update on the position of our suexmax vessels

Here is how Nordic American Tankers (NAT) and Eneti (NETI) have performed compared to their sector so far this year.

Is Nordic American Tankers Limited (NAT) Outperforming Other Transportation Stocks This Year?

Are investors selling Nordic American Tankers stock at exactly the wrong moment?

Why Nordic American Tankers Stock Dropped Today

Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 175,000 shares in NAT at $2.3665 per share.

Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson increases his holding of NAT shares

Nordic American Tankers (NAT) delivered earnings and revenue surprises of 66.67% and 18.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Nordic American Tankers (NAT) Reports Q2 Loss, Tops Revenue Estimates

The average time charter equivalent (TCE) for our fleet during the second quarter of 2022 came in at $20,080 per day per ship, which is a substantial improvement compared with the first quarter of $8,870 per day per vessel. The third quarter has started at an even stronger pace. This obviously bodes well for our suezmax tankers.

Nordic American Tankers Ltd (NYSE: NAT) – Report June 30, 2022 (Second quarter 2022) – an unbroken string of 100 quarters of dividend payments. Ship values and rates are up

Below are the latest contracts for our suezmax ships, showing the level of the market.

Nordic American Tankers Ltd (NYSE: NAT) – Update on contracts

Nordic American Tankers Ltd (NYSE: NAT) – News on oil production in Saudi Arabia

Earnings for our suezmaxes with a cargo capacity of 150,000 tons (one million barrel) are on our website

Nordic American Tankers Ltd (NYSE: NAT) – Contracts

Nordic American owns a fleet of 20 homogenous Suezmax tankers. Recent data indicates tanker rates are on the upswing based on technical factors due to Russian oil sanctions.

Nordic American Tankers: Tanker Markets Heating Up

Here is how Nordic American Tankers (NAT) and Scorpio Tankers (STNG) have performed compared to their sector so far this year.

Has Nordic American Tankers Limited (NAT) Outpaced Other Transportation Stocks This Year?

We are seing a strong improvement for our vessels. The fixtures also reflect waiting time.

Nordic American Tankers Ltd (NYSE: NAT) – Market improvements - Some recent contracts

On May 13, 2022, we took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard in South Korea. The vessel, which can carry one million barrels of oil, was named Nordic Harrier. We are always pleased to do business with South Korean shipbuilders, since their vessels are first-rate and always delivered on schedule.

Nordic American Tankers Ltd (NYSE: NAT) – Two suezmax newbuildings delivered and two long term contracts established

Nordic American Tankers Ltd (NYSE: NAT) – Russia/Ukraine - impact on our business

Nordic American Tankers Ltd (NYSE: NAT) – NEWS: The last 2002 built vessel sold

Nordic American Tankers Limited today announced that it has scheduled the 2022 AGM to be held in Monaco on November 17, 2022 at 3 pm, Monaco time.

Nordic American Tankers Ltd (NYSE: NAT) – Announces the date for its 2022 Annual General Meeting of Shareholders (AGM)

Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 115,000 shares in NAT at $ 2.08 per share.

Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson continues to increase his holding of NAT shares

Nordic American Tankers (NAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Nordic American Tankers (NAT) Upgraded to Buy: Here's What You Should Know

News for Nordic American Tankers Stock (NAT)