Nordic American Tankers/$NAT

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About Nordic American Tankers

Nordic American Tankers Ltd owns and operates double-hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters according to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.

Ticker

$NAT
Sector

Primary listing

NYSE

Employees

15

Headquarters

Hamilton, Bermuda
Website

NAT Metrics

BasicAdvanced
$756M
58.45
$0.06
-0.31
$0.39
11.20%

What the Analysts think about NAT

Analyst ratings (Buy, Hold, Sell) for Nordic American Tankers stock.

Bulls say / Bears say

Delivered solid operational results in Q2 2025, with an average Time Charter Equivalent of $26,880 per day and adjusted EBITDA of $15.8 million.
Announced a $0.10 per share dividend for Q2 2025, continuing an unbroken 112-quarter payout streak and showing strong focus on shareholder returns.
Upgraded the fleet in Q1 2025 by acquiring two Suezmax tankers from 2016 for $132 million and selling two older vessels from 2003-04 for $45 million, while maintaining $103 million in cash as of March 31, 2025.
Recorded a net loss of $0.9 million in Q2 2025, due to fewer trading days as a result of scheduled dry dockings.
Cash reserves fell from $103 million on March 31, 2025 to $86 million by August 28, 2025, reflecting outflows for fleet upgrades and dry dock costs.
Net debt climbed to $321.4 million as of June 30, 2025, or $16.1 million per vessel, raising leverage risks in an uncertain tanker market.
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2025.

NAT Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

NAT Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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