Summary
B3O Chart
Nordic American Tankers: Spot Rates Continue Climbing, Setting The Tone For 2026
Nordic American Tankers Limited is rated a Strong Buy due to its attractive dividend policy and modern, Suezmax-focused fleet. NAT benefits from rising spot market dayrates, with 70% of its vessels exposed to these rates, positioning NAT for substantial earnings growth. Structural tanker market shortages, aging global fleets, and robust oil demand support higher rates and long-term upside for NAT.
Nordic American Tankers Could Sail Higher
NAT is the only company with 100% exposure to the Suezmax market. The Suezmax market continues to perform well. NAT rewards shareholders with strong payout rates, if it is performing well.
Nordic American Tankers: Weak Results Offset By Generous Dividend - Hold
Nordic American Tankers reported disappointing Q1/2025 results, with the company underperforming peers by a wide margin and cash flow from operations turning negative. However, the weak operating performance was offset by a generous $0.07 quarterly cash dividend and persistent insider buying. During the quarter, NAT accelerated its fleet renewal efforts during the quarter, but still has to replace a sizeable number of 20+ year-old vessels sooner rather than later.
Nordic American Tankers Ltd. (B3O) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
What is the earnings per share?
When is the next earnings date?
Has Nordic American Tankers Ltd. ever had a stock split?
Nordic American Tankers Ltd. Profile
| Marine Transportation Industry | Industrials Sector | Herbjorn Hansson CEO | XSTU Exchange | BMG657731060 ISIN |
| BM Country | 15 Employees | 8 Dec 2025 Last Dividend | 10 Aug 2017 Last Split | 30 Sep 1997 IPO Date |
Overview
Nordic American Tankers Limited is a distinguished entity within the tanker industry, primarily focusing on the acquisition and chartering of double-hull tankers for both Bermuda-based operations and international waters. Established in 1995 and with its headquarters nestled in Hamilton, Bermuda, the company has carved out a significant niche for itself by managing a robust fleet. This fleet comprises 19 Suezmax crude oil tankers, a specialization that underscores Nordic American Tankers' commitment to facilitating the global transportation of crude oil under enhanced safety and environmental standards.
Products and Services
- Acquisition and Chartering of Double-Hull Tankers:
Nordic American Tankers Limited excels in the acquisition and chartering of double-hull tankers. This service is pivotal for ensuring the safe and efficient transportation of crude oil across international waters. Double-hull tankers offer an added layer of environmental protection and safety, mitigating the risk of oil spills in event of a collision or grounding.
- Management of Suezmax Crude Oil Tankers:
The company specializes in the management of Suezmax crude oil tankers. With a fleet of 19 such vessels, Nordic American Tankers provides flexible and reliable shipping solutions for crude oil transportation. Suezmax tankers are among the largest oil tankers, designed to navigate through the Suez Canal, making them versatile for global oil transportation routes.
Contact Information
