Streetbeat News

NAT

Nordic American Tankers Limited

https://www.nat.bm

Industry

Marine Shipping

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.

Open

2.47

Mkt cap

538M

Volume

2.9M

High

2.54

P/E Ratio

11.55

52-wk high

4.40

Low

2.46

Div yield

0.18

52-wk low

2.39

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), has purchased 100,000 shares at $2.4975 each, increasing his total holdings to 4,200,000 shares.

Portfolio Pulse from

March 14, 2025 | 2:00 pm

Nordic American Tankers Ltd (NYSE: NAT) is expanding its fleet with the acquisition of a new suezmax tanker, which supports the continuation of dividend payments.

Portfolio Pulse from

March 14, 2025 | 12:15 pm

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), has purchased 100,000 shares at $2.45 each, increasing his total holdings to 4,100,000 shares.

Portfolio Pulse from

March 04, 2025 | 3:00 pm

Nordic American Tankers Ltd (NYSE: NAT) reports positive growth direction as of December 31, 2024, with continued dividend payments of 6 cents this quarter.

Portfolio Pulse from

February 28, 2025 | 11:00 am

Nordic American Tankers (NAT) has seen a 26% stock decline due to weaker tanker rates. Analyst estimates for 2025 may be too optimistic, but NAT is fairly valued at a 10x forward P/E. The 6% dividend is considered safe, potentially supporting the stock's valuation.

Portfolio Pulse from

February 21, 2025 | 4:30 am

Nordic American Tankers Ltd (NYSE: NAT) plans to renew and grow its fleet in 2025 by buying two or three ships and selling two or three. This strategic move aims to optimize their fleet composition.

Portfolio Pulse from

February 05, 2025 | 3:00 pm

Nordic American Tankers Ltd (NYSE: NAT) plans to renew and grow its fleet in 2025 by buying two or three ships and selling two or three ships.

Portfolio Pulse from

February 05, 2025 | 2:45 pm

Nordic American Tankers Ltd (NYSE: NAT) has been active with several transactions, including the purchase of a 2018-built Suezmax tanker on favorable terms.

Portfolio Pulse from

January 22, 2025 | 3:45 pm

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), has purchased 300,000 shares at $2.54 each, increasing his total holdings to 4,000,000 shares.

Portfolio Pulse from

January 06, 2025 | 3:00 pm

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), has purchased 100,000 shares at $2.5125 each, increasing his total holdings to 3,700,000 shares.

Portfolio Pulse from

December 17, 2024 | 3:00 pm

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