NAT - Nordic American Tankers Limited

NYSE - NYSE Delayed Price. Currency in USD
2.1600
+0.0300 (+1.41%)
At close: 4:02PM EDT

2.1600 0.00 (0.00%)
After hours: 4:02PM EDT

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Previous Close2.1300
Open2.1500
Bid2.1500 x 4000
Ask2.1600 x 2900
Day's Range2.1200 - 2.2000
52 Week Range1.8100 - 3.4700
Volume576,173
Avg. Volume1,210,229
Market Cap306.608M
Beta (3Y Monthly)0.64
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.16 (5.88%)
Ex-Dividend Date2019-05-24
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • GlobeNewswire7 days ago

    Nordic American Tankers Ltd (NYSE: NAT) - A busy period and good prospects.

    The last 12 months have been the busiest period for Nordic American Tankers ever. Sale of 10 suezmax vessels and delivery of 3 new suezmax units took place in the last six months of 2018 and ensured a renewal of our fleet which count suezmaxes only. Recent contracts for 3Q2019 loading confirm this, showing a clear strengthening trend for our vessels.  We must remember that political unrest is often good for the tanker market.  We now see increased oil exports from the US, which is a new trend.

  • GlobeNewswire20 days ago

    Nordic American Tankers Limited (NYSE:NAT) - has fixed a one year or more time charter (TC) for one of the NAT suezmax vessels.

    Over the years, NAT has bought several vessels built at Samsung Shipyard in South Korea, including the Nordic Zenith. The vessels of NAT consist of suezmaxes.  The NAT fleet is trading all over the world.  The contract has a value between USD 9 mill and USD 11 mill depending upon the detailed scheduling of the vessel. Going forward, we sense a strong upward trend for the tanker industry.  NAT is in a positive phase of development. Historically, all contracts of the tanker industry and of the NAT fleet (now 23 vessels), over a certain length, as a standard need the approval of the technical management arrangement associated with all our contracts.

  • GlobeNewswirelast month

    Nordic American Tankers (NYSE: NAT) - The 1st Quarter 2019 report - Refinancing finalized. Strong start to a promising year.

    With this report we announce our 87th consecutive quarterly distribution. It is our objective to increase the dividend as tanker markets improve. the TCE (time charter equivalent) for our vessels in 1Q2019 saw an improvement of 30% from the previous quarter and came in at an average of $26,025 per day per ship compared to $20,100 in 4Q2018.

  • GlobeNewswire3 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - NAT announces ATM agreement - REVISED

    Nordic American Tankers Limited (NAT) has entered into an At-The-Market Issuance Agreement ("ATM") dated March 29, 2019, with the investment banking firm, B. Riley FBR, Inc., as the sales agent. The ATM sales, if any, will be made at market prices.  It is not an obligation for NAT to sell any shares under the ATM.  The establishment of the ATM is in harmony with the conservative financial policy of NAT and provide a tool for NAT to ensure that we have the financial flexibility at all times. The shares issued under the ATM, if any, will be pursuant to a prospectus supplement and an accompanying prospectus filed as part of an effective shelf registration statement filed with the Securities and Exchange Commission on Form F-3.  Copies of the prospectus supplement and the accompanying base prospectus may be obtained when available without charge from the offices of B. Riley FBR, Inc., at 1300 North 17th Street, Suite 1400, Arlington, VA 22209 or by calling (703) 312-9580 or by emailing prospectuses@brileyfbr.com.

  • GlobeNewswire3 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - NAT announces ATM agreement

    Nordic American Tankers Limited (NAT) has entered into an At-The-Market Agreement ("ATM") dated March 29, 2019, with the Investment Bank B. Riley FBR, Inc. Matters discussed in this press release may constitute forward-looking statements.  The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

  • Nordic American Tankers Ltd (NYSE: NAT) - Comments on Scrubbers
    GlobeNewswire3 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - Comments on Scrubbers

    The Company is steadfast on its decision that scrubbers are not a solution for NAT based upon a conservative financial policy. An increased number of ports now prohibit or impose strict requirements on the use of scrubbers, which purify emissions from large ships. The scrubber cleans the exhaust from vessels for Sulphur and emit impure water into the sea, and that is what the ports now will put an end to.  Therefore, we still do not see that this new requirement is an issue for NAT.

  • GlobeNewswire3 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - Transcript of investor Conference received. A strong balance sheet and low or zero debt are important priorities.

    Matters discussed in this press release may constitute forward-looking statements.  The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation.

  • GlobeNewswire3 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - The Hansson family buys more stock in NAT.

    Bermuda March 7, 2019 Alexander Hansson, residing in Monaco, has today bought 25,000 shares in NAT for his private holdings. The shares were purchased in the open market at a price of $2.04 per share.  ...

  • GlobeNewswire4 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - Hansson family buys stock in NAT.

    Bermuda February 26, 2019 Alexander Hansson, residing in Monaco, has today bought privately 50,000 shares in NAT at a price of $2.27.  Yesterday, he bought 100,000 shares at $2,31.  Alexander Hansson is ...

  • GlobeNewswire4 months ago

    Nordic American Tankers Ltd (NYSE: NAT) - High turnout at our Telephone Conference for Shareholders/ Investors, Wednesday February 20, 2019.

    Bermuda February 22, 2019 The investor call Wednesday February 20, was well attended. About 300 shareholders/investors. This is a high turnout; 43 % of shareholders/investors joined from USA, 36% in total ...