Nordic American Tankers Limited (NAT)

Nordic American Tankers owns and operates a fleet of Suezmax crude oil tankers used to transport large volumes of unrefined oil on international trade routes. It is structured as a pure-play tanker company, generating revenue primarily from voyage and time-charter contracts with oil majors, traders, and other charterers. Customers depend on the vessels for seaborne crude logistics between producing and refining regions. Earnings are closely tied to tanker freight rates, utilization, and global oil shipping demand.

Market
NYSE
Sector
Energy
Trend
Strong uptrend
Last close
7.25 (+2.11% on the day)
MA50
6.42
MA200
5.07
52-week range
2.86–7.25
Market cap
1.4B USD
P/E
11.78
Dividend yield
11.67%
Data as of
2026-09-04
Quarterly revenue and earnings, millions of USD
QuarterRevenueYoY %EarningsYoY %
Q1 2025384.3-71%
Q2 202540.1-0.8-104.1%
Q3 202545.7-2.8-133.3%
Q4 2025167.911.7458.4%
Q1 202677.5104.3%46.3990.2%

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