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 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 (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.
![]() NAT 4 months ago | Other | ฿0.13 Per Share |
![]() NAT 26 Aug 2024 | Other | ฿0.22 Per Share |
![]() NAT 29 Apr 2024 | Other | ฿0.03 Per Share |
4 Mar 2025 Date | | - Cons. EPS | 0.05 EPS |
12 Nov 2024 Date | | - Cons. EPS | 0.13 EPS |
![]() NAT 4 months ago | Other | ฿0.13 Per Share |
![]() NAT 26 Aug 2024 | Other | ฿0.22 Per Share |
![]() NAT 29 Apr 2024 | Other | ฿0.03 Per Share |
4 Mar 2025 Date | | - Cons. EPS | 0.05 EPS |
12 Nov 2024 Date | | - Cons. EPS | 0.13 EPS |
Marine Shipping Industry | Industrials Sector | Herbjorn Hansson CEO | SET Exchange | BMG657731060 ISIN |
BM Country | 15 Employees | 12 Jun 2025 Last Dividend | 10 Aug 2017 Last Split | 30 Sep 1997 IPO Date |
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.
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.
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.