NAT
NYSENordic American Tankers Limited
Price$5.31-0.11 (-1.94%)
01:30 PM06:15 PM
News · 26 weeks25+75%
2025-12-142026-06-07
Mix1890d
- Other7(39%)
- Insider7(39%)
- Dividends2(11%)
- Analyst1(6%)
- SEC Filings1(6%)
Latest news
25 items- INSIDERChief Executive Officer Hansson Herbjorn was granted 100,000 shares, increasing direct ownership by 2% to 5,600,000 units (SEC Form 4)4 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- PRNordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO, Herbjorn Hansson purchases more shares in NATWednesday, June 3, 2026 Dear Shareholders and Investors, I am pleased to inform you that I, Founder, Chairman & CEO, has today bought 100,000 shares at $5.26 per share, bringing my holdings in NAT to 5,600,000 shares. My son, Vice-Chairman Alexander Hansson, purchased 300,000 shares in NAT last week at 5.16/share. Following these transactions, the Hansson family owns 11,455,000 shares or 5.4% of the outstanding shares in NAT. As in the past, the Hansson family is the largest private shareholder group in the company. For further information on Nordic American Tankers, please see www.nat.bm Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.
- SECSEC Form 6-K filed by Nordic American Tankers Limited6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
- INSIDERDirector Hansson Alexander was granted 300,000 shares, increasing direct ownership by 5% to 5,855,000 units (SEC Form 4)4 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- PRNordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NATFriday, May 29, 2026 Dear Shareholders and Investors, We are pleased to advice that Alexander Hansson, Vice-Chairman of NAT has bought 300,000 shares at $5.16 per share, bringing his holdings to 5,855,000 shares. Following this transaction, the Hansson family collectively owns 11,355,000 shares and has 5.4% of the total outstanding shares in NAT. As in the past, the Hansson family is the largest private shareholder group in the company. Propsects for our group are very good. For further information on Nordic American Tankers, please see www.nat.bm Sincerely, Herbjorn Hansson Founder, Chairman & CEO Nordic American Tankers Ltd Contacts: Bjørn Giæver, CFO
- PRNordic American Tankers Ltd (NYSE: NAT) – the situation in the Middle EastFriday, May 29, 2026 Dear Shareholders and Investors, Comments on the Arabian Gulf/Hormuz situation can be found on our home page www.nat.bm by scrolling down on the front page, to the "In the news" section. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. For further information please see our homepage www.nat.bm Contacts: Bjørn Giæver, CFO Nordic American Tankers Ltd Tel: +1 888 755 8391 Alexander Kihle, Finance ManagerNordic American Tankers LtdT
- PRNordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2026 – NAT continues to prosper and raises its dividend. Market conditions for NAT are now the best for several decades.Thursday, May 28, 2026 Dear Shareholders and Investors, Highlights: The dividend for the first quarter 2026 is 22 cents ($0.22) per share. This is the 115th consecutive quarterly cash dividend since NAT became stock listed September 15, 1996. Dividend is payable June 24, 2026, to shareholders on record as of June 10, 2026. About 90% of our fleet has been booked at about $68,000 per day in the second quarter of 2026. The equivalent number for the first quarter came in at $47,600 per day per ship. Now, we book voyages well into 3Q26. Our operating costs are below $10,000/day/ship – resulting in improved ability to pay dividends and accumulate cash. The Net result for the fir
- PRNordic American Tankers Ltd (NYSE: NAT) – Recent contracts in a solid marketFriday, May 15, 2026 Dear Shareholders and Investors, Below is information related to contracts that have been concluded recently. Please note that the $ numbers and periods are approximations. Our customers, leasing our ships, are large companies. Operating costs of our vessels are below $ 10,000 per day. The present market conditions result in strengthening of the cash position of Nordic American Tankers – impacting positively the ability to pay dividend. March - $150,000 over 60 days March - $75,000/day over 65 days April - $198,000 over 68 days May - $ 75,000 over 300 days May - $ 95,000 over 70 days. Sincerely, Herbjorn HanssonFounder, C
- SECSEC Form 20-F filed by Nordic American Tankers Limited20-F - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
- INSIDERSEC Form 3 filed by new insider Kelly James Jim3 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- ANALYSTNordic American Tanker downgraded by Evercore ISI with a new price targetEvercore ISI downgraded Nordic American Tanker from In-line to Underperform and set a new price target of $4.50
- PRNordic American Tankers Ltd (NYSE: NAT) – Chaotic conditions create more transportation work for NATMonday, April 13, 2026 Dear Shareholders and Investors, In these chaotic times, many of you ask us about the energy markets and what consequences these may have for our business. First, our main priority is the safety of our crew. Second, NAT is in the business of transporting energy. We are never involved in politics. Geopolitical uncertainty normally increases demand for our services. The market for us is strong. As an example, we just fixed a 1-year Time Charter with a major customer at a rate of about $75,000/day. Our operating costs are less than $10,000/day. Our main customers are the largest energy companies in the world, including Exxon, Shell, British Petroleum, Total
- INSIDERSEC Form 3 filed by new insider Hansson Alexander3 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- INSIDERSEC Form 3 filed by new insider Hansson Herbjorn3 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- INSIDERSEC Form 3 filed by new insider Chu Jenny3 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- INSIDERSEC Form 3 filed by new insider Giaever Bjoern3 - NORDIC AMERICAN TANKERS Ltd (0001000177) (Issuer)
- PRNordic American Tankers Ltd (NYSE: NAT) – A tumultuous situation creates strong resultsMonday, March 23, 2026 Dear Shareholders and Investors, The present situation is tumultuous, leading to very strong results. The first quarter of 2026 is expected to be much better than the last quarter of 2025, which were reported February 26, 2026. The infomation below shows the excellent performance. Fixture 1) From the US Gulf via Cape Good Hope to the Far East. The TCE is USD 175,000 over 85 days. Fixture 2) From West Africa to Asia. The TCE is USD 77,000 over 65 days. Fixture 3) A 90-day fixture. The TCE rate is USD 88,000 per day. Fixture 4) A voyage from the Baltic to Asia. The TCE is USD 150,000 over 60 days. Fixture 5) From Guyana to Europe. The TCE is USD 41,000
- PRNordic American Tankers Ltd (NYSE: NAT) – A 2005 built vessel has been soldTuesday, March 17, 2026 Dear Shareholders and Investors, This is to advise you that we have entered into an agreement to sell a 2005 built ship, at a price of about USD 40 million. We expect that our fleet will increase in the years to come. The company is in a very solid position and prospects are good. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm Contacts: Bjørn Giæver, CFO Nordic American Tankers Ltd Tel: +1 888 755 8391 Alexander Kih
- PRNordic American Tankers Ltd (NYSE: NAT) – The Hansson family purchase more shares in NATTuesday, March 3, 2026 Dear Shareholders and Investors, I am pleased to disclose that I, as the Founder, Chairman & CEO of NAT, today have bought 200,000 shares at $5.7016 per share, bringing my total holding to 5,500,000 shares. Simultaneously, my son, Alexander Hansson, Vice-Chair of NAT has bought 200,000 shares at $5.6959 per share, bringing his holding to 5,550,000 shares. Following this transaction, our family collectively owns 11,050,000 shares and has 5.2% of the total outstanding shares in NAT. As in the past, the Hansson family is the largest private shareholder group in the company. Prospects for our group are good. For further information on Nordic American Tankers, please
- SECSEC Form 6-K filed by Nordic American Tankers Limited6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
- PRNordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2025 – Full speed aheadThursday, February 26, 2026 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot. A more meaningful analysis must contain a longer-term picture. The direction of NAT is up. A few days ago, we entered into a 1-year fixed contract with an oil major, giving us more than $50,000 per day. Highlights: The dividend for the fourth quarter 2025 is 17 cents ($0.17) per share. This is our 114th consecutive quarterly cash dividend. The dividend is payable March 24, 2026, to shareholders on record as of March 10, 2026. The market is very solid for our ships. Nearly two-thirds of our spot days in 1Q26 have been booked at about $55,000 per day. At this s
- PRNordic American Tankers Ltd (NYSE: NAT) – A 2003-built vessel sold for $25 millionMonday, February 9, 2026 Dear Shareholders and Investors,I am pleased to announce that we have entered into a sales agreement for a 2003-built suezmax tanker. The sales price of the ship is $25 million net to us and the ship has no debt. Nordic American Tankers Ltd. is in a solid position. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm Contacts: Bjørn Giæver, CFO Nordic American Tankers Ltd Tel: +1 888 755 8391 Alexander Kihle, Finance Man
- PRNordic American Tankers Ltd (NYSE: NAT) – Important transactions in a strong market. Solid prospectsFriday, January 16, 2026 Dear Shareholders and Investors, I am pleased to inform you that the following transactions have been carried through: The earlier announced preliminary agreements for the construction of two suezmax tankers have now been signed.The price is $86 million for each ship.The South Korean shipyard Daehan Shipbuilding is the builder. The ships will be delivered to NAT in 2028.This week we have also finalized the previously announced sale of two vessels built 2004 and 2005. The two ships have been delivered to the buyer. The net cash to NAT is $50 million. These transactions show an active period. We have refinanced parts of our fleet, sold four ships, bought two shi
- PRNordic American Tankers Ltd (NYSE: NAT) – Mandatory notification - The Hansson family purchase more shares and passes 5% ownership in NATMonday, December 22, 2025 Dear Shareholders and Investors, I am pleased to disclose that I, as the Founder, Chairman & CEO of NAT, today have bought 200,000 shares at $3.50 per share, bringing my total holding to 5,300,000 shares. Simultaniously, my son, Alexander Hansson, Vice-Chair of NAT has bought 200,000 shares at $3.50 per share, bringing his holding to 5,350,000 shares. Following this transaction, our family collectively owns 10,650,000 shares and has passed the 5% threshold, requiring this mandatory notification to the market. As in the past, the Hansson family is the largest private shareholder group in the company. NAT has paid dividend for 113 consequitive quarters, af
- PRNordic American Tankers Ltd (NYSE: NAT) – Sale of two Suezmax tankers and contracting of two newbuildingsThursday, December 18, 2025 Dear Shareholders and Investors, NAT has today entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vessels, improving our cash position correspondingly. The vessels are expected to be delivered to the buyers during January 2026. Both vessels are debt free. We expect to record a book profit from the sale of the two ships of about $14 million. As advised you earlier, we have entered into a preliminary agreement to have two newbuildings constructed at a South-Korean shipyard for delivery to us in in the second half of 2028. A firm agreement is expected to be signed in January 2026. Prospects
NAT FAQ
8 questionsWhat does Nordic American Tankers Limited do?
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 25 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was incorporated in 1995 and is based in Hamilton, Bermuda.Where does NAT stock trade?
Nordic American Tankers Limited (NAT) is listed on NYSE.What sector and industry is NAT in?
Nordic American Tankers Limited operates in the Consumer Discretionary sector, Marine Transportation industry.When did Nordic American Tankers Limited go public?
Nordic American Tankers Limited (NAT) completed its IPO in 1995.Does NAT pay a dividend?
Yes. NAT's next ex-dividend date is 2026-06-10 with a declared cash dividend of $0.22 per share, payable 2026-06-24.What are analysts saying about NAT?
Nordic American Tankers Limited has had 8 recent analyst actions on file. The most recent action was from Evercore ISI: Underperform with a $450.00 price target on 2026-04-22. Recent price targets range from $225.00 to $500.00.What companies are similar to NAT?
Notable peers in the same industry include GD (General Dynamics Corporation), RCL (Royal Caribbean Cruises Ltd.), VIK (Viking Holdings Ltd), CUK (Carnival Plc), CCL (Carnival Corporation). Compare NAT side-by-side with any of them on Quantisnow.How can I track NAT on Quantisnow?
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