Nordic American Tankers Ltd. (B3O)
Summary
Nordic American Tankers (NAT) Surpasses Q1 Earnings Estimates
Nordic American Tankers (NAT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.02 per share a year ago.
Is Nordic American Tankers Limited (NAT) Stock Outpacing Its Transportation Peers This Year?
Here is how Nordic American Tankers (NAT) and XPO (XPO) have performed compared to their sector so far this year.
Is Nordic American Tankers Limited (NAT) Outperforming Other Transportation Stocks This Year?
Here is how Nordic American Tankers (NAT) and Pacific Basin Shipping Ltd. (PCFBY) have performed compared to their sector so far this year.
Nordic American Tankers Ltd. (B3O) FAQ
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Nordic American Tankers Ltd. Profile
| Marine Transportation Industry | Industrials Sector | Herbjorn Hansson CEO | XMUN Exchange | BMG657731060 ISIN |
| BM Country | 15 Employees | 10 Jun 2026 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.
