Summary
0UC0 Chart
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: Set Up For Success
Nordic American Tankers (NAT) is a small-cap Suezmax tanker firm with a clean balance sheet and a history of consistent dividends. Despite recent poor share price performance, NAT's earnings are set to improve significantly due to rising Suezmax rates, making it a compelling buy. The supply of oil is increasing while the number of available ships remains fixed, creating a favorable market for NAT.
Nordic American Tankers Provides Steady Dividends With Upside Potential
Nordic American Tankers operates 21 Suezmax oil tankers, has paid dividends for 110 consecutive quarters, and is positioned to benefit from potential global growth. The company has navigated a decade of overcapacity and slow growth, optimizing its fleet and continuing dividends, with insiders buying shares during price declines. Rising geopolitical tensions and underinvestment in new tankers have increased demand for existing fleets, making NAT a strong contrarian investment with a ~10% dividend yield.
Nordic American Tankers Ltd. Dividends
 0UC0 4 months ago | Other | $0.06 Per Share |
| 0UC0 6 months ago | Other | $0.04 Per Share |
| 0UC0 9 months ago | Other | $0.12 Per Share |
| 0UC0 28 Jun 2024 | Other | $0.12 Per Share |
| 0UC0 19 Mar 2024 | Other | $0.12 Per Share |
Nordic American Tankers Ltd. Earnings
| 28 Aug 2025 (In 1 month) Date | | 0.05 Cons. EPS | - EPS |
| 27 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
| 29 May 2025 Date | | - Cons. EPS | 0.02 EPS |
| 27 May 2025 Date | | - Cons. EPS | - EPS |
| 26 Feb 2025 Date | | - Cons. EPS | - EPS |
| 0UC0 4 months ago | Other | $0.06 Per Share |
| 0UC0 6 months ago | Other | $0.04 Per Share |
| 0UC0 9 months ago | Other | $0.12 Per Share |
| 0UC0 28 Jun 2024 | Other | $0.12 Per Share |
| 0UC0 19 Mar 2024 | Other | $0.12 Per Share |
| 28 Aug 2025 (In 1 month) Date | | 0.05 Cons. EPS | - EPS |
| 27 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
| 29 May 2025 Date | | - Cons. EPS | 0.02 EPS |
| 27 May 2025 Date | | - Cons. EPS | - EPS |
| 26 Feb 2025 Date | | - Cons. EPS | - EPS |
Nordic American Tankers Ltd. (0UC0) FAQ
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Nordic American Tankers Ltd. Profile
| Marine Shipping Industry | Industrials Sector | Herbjorn Hansson CEO | LSE Exchange | BMG657731060 ISIN |
| BM Country | 15 Employees | 12 Jun 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
