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

2.70

Mkt cap

547M

Volume

2.5M

High

2.70

P/E Ratio

8.73

52-wk high

4.55

Low

2.58

Div yield

0.15

52-wk low

2.41

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

The founder, chairman, and CEO of Nordic American Tankers Ltd (NAT) has purchased an additional 100,000 shares, increasing the Hansson family's total ownership to 8,150,000 shares, making them the largest private shareholder group in the company.

Portfolio Pulse from

December 12, 2024 | 3:00 pm

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NYSE: NAT), has purchased 50,000 shares at $2.6932 each, increasing his total holdings to 3,600,000 shares.

Portfolio Pulse from

December 10, 2024 | 3:30 pm

Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT), has purchased 350,000 shares at $2.6471 each, increasing his total holdings to 3,550,000 shares.

Portfolio Pulse from

December 02, 2024 | 3:00 pm

Nordic American Tankers reported weaker-than-expected Q3/2024 results and reduced its quarterly dividend by 67% to $0.04 per share. Despite seasonal weakness affecting the TCE rate, cash generation was strong. Management hinted at potential near-term fleet expansion.

Portfolio Pulse from

November 29, 2024 | 4:45 pm

Nordic American Tankers (NAT) reported Q3 earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This is consistent with their earnings from the same quarter last year.

Portfolio Pulse from

November 29, 2024 | 2:45 pm

Nordic American Tankers Ltd (NYSE: NAT) reports positive prospects for its Suezmax tankers as of September 30, 2024. The company highlights its international operations, having loaded and discharged in 68 countries over the past five years.

Portfolio Pulse from

November 29, 2024 | 11:45 am

Portfolio Pulse from

November 29, 2024 | 10:45 am

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