Nordic American Tankers Q4 Average Time Charter Equivalent (TCE) For Its Fleet Came In At $39,170 Per Day Per Ship
Portfolio Pulse from Benzinga Newsdesk
Nordic American Tankers (NAT) reported its Q4 Average Time Charter Equivalent (TCE) for its fleet at $39,170 per day per ship, indicating the company's current performance in the tanker market.
February 29, 2024 | 10:59 am
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Nordic American Tankers reported a Q4 Average Time Charter Equivalent (TCE) of $39,170 per day per ship, reflecting its operational performance.
The reported Q4 Average Time Charter Equivalent (TCE) of $39,170 per day per ship is a critical metric for investors, as it directly reflects the company's operational performance and profitability in the tanker market. A high TCE indicates strong market conditions or operational efficiency, both of which are positive for the company's short-term stock price outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100