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NORDIC AMERICAN TANKERS Ltd(NAT US)

$7.86+0.324.24%Ext:$7.84-0.020.26%(Market Closed · 00:00:07 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
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NAT US​

NORDIC AMERICAN TANKERS Ltd — Company Profile

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers Limited (NAT) is a shipping enterprise focused on the acquisition and chartering of double-hull tanker vessels. The company's operations extend internationally as well as within Bermuda, and it currently manages a fleet of 24 Suezmax-class crude oil tankers. In June 2011, the firm changed its name to Nordic American Tankers Limited, having previously operated as Nordic American Tanker Shipping Limited.

Sector
Industrials
Industry
Marine Shipping
Exchange
UN
CEO
Herbjorn Hansson
Headquarters
Hamilton, D0, BM
IPO Date
Sep 30, 1997
Employees
18
Website
www.nat.bm

Key Metrics

Price
$8.42
Market Cap
$1.78B
Revenue (TTM)
$106.46M
Net Income (TTM)
$46.29M
EPS (TTM)
0.22
P/E (TTM)
32.82
P/B (TTM)
3.91
Dividend Yield
12.04%
ROE (TTM)
10.15%
ROA (TTM)
5.14%
Operating Margin
36.03%
Beta
0.20

Dividends

Last Dividend
$0.22
Last Yield
0.12%

Summary

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers Limited (NAT) is a shipping enterprise focused on the acquisition and chartering of double-hull tanker vessels. The company's operations extend internationally as well as within Bermuda, and it currently manages a fleet of 24 Suezmax-class crude oil tankers. In June 2011, the firm changed its name to Nordic American Tankers Limited, having previously operated as Nordic American Tanker Shipping Limited.

Website
www.nat.bm
Location
Hamilton, D0, BM
Phone14412927202
Employees18
CEOHerbjorn Hansson
Sector
Industrials
IndustryMarine Shipping
IPO DateSep 30, 1997

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Latest Documents

SEC Filings(553)

Expand
  • 4Hansson Herbjorn6 Oct
  • 4Hansson Alexander6 Oct
  • 6-KCurrent report (foreign private issuer)28 Sep
  • 6-KCurrent report (foreign private issuer)27 Aug
  • 4Hansson Alexander25 Jun
  • 4Hansson Herbjorn4 Jun
  • 6-KCurrent report (foreign private issuer)1 Jun
  • 4Hansson Alexander29 May
  • 20-FFY 2025ended 31 Dec 202529 Apr
  • 3Kelly James Jim23 Apr
  • 3Hansson Alexander9 Apr
  • 3Hansson Herbjorn9 Apr
  • 3Chu Jenny9 Apr
  • 3Giaever Bjoern24 Mar
  • 6-KCurrent report (foreign private issuer)2 Mar
  • 6-KCurrent report (foreign private issuer)28 Nov 2025
  • 6-KCurrent report (foreign private issuer)24 Nov 2025
  • 6-KCurrent report (foreign private issuer)30 Sep 2025
  • 6-KCurrent report (foreign private issuer)3 Sep 2025
  • 6-KCurrent report (foreign private issuer)4 Jun 2025

News

  • Financial Contrast: Repsol (OTCMKTS:REPYY) & Nordic American Tankers (NYSE:NAT)21 Oct
  • 3 Top Small-Cap Stocks With Market-Beating Momentum15 Oct
  • Nordic American Tankers (NYSE:NAT) Reaches New 1-Year High – Still a Buy?12 Oct
  • Nordic American Tankers: Grab That 13% Yield While The Tanker Boom Lasts12 Oct
  • 3 Top Breakout Stocks to Buy in October With Big Upside7 Oct
  • Contrasting Nordic American Tankers (NYSE:NAT) and Torm (NASDAQ:TRMD)7 Oct
  • Nordic American Tankers Ltd (NYSE: NAT) - The Hansson family now collectively own 12 million NAT shares6 Oct
  • Nordic American Tankers CEO on the state of global shipping & freight rates1 Oct
  • Nordic American Tankers Ltd (NYSE: NAT) – 2026 Annual General Meeting of Shareholders (AGM)28 Sep
  • Are You Looking for a Top Momentum Pick? Why Nordic American Tankers (NAT) is a Great Choice25 Sep
  • Nordic American Tankers Ltd (NYSE: NAT) – the Direction is Up23 Sep
  • 25 Dividend Buys You May Want To Hold Forever From September's Russell Index16 Sep
  • Nordic American Tankers Ltd (NYSE: NAT) – Exceptional conditions for our vessels15 Sep
  • Nordic American Tankers (NYSE:NAT) Sets New 52-Week High – Here’s Why15 Sep
  • Nordic American Tankers (NYSE:NAT) Hits New 12-Month High – Here’s Why11 Sep
  • Nordic American Tankers (NAT) is a Great Momentum Stock: Should You Buy?9 Sep
  • Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks Delivering High-Dividend Yields4 Sep
  • 18 LoPrice/HiYield DiviDogs Rated Buys For August27 Aug
  • Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2026 – The direction of NAT is unquestionably upwards – rates & values are up27 Aug
  • Nordic American Tankers (NYSE:NAT) Share Price Passes Above 200-Day Moving Average – What’s Next?12 Aug

Mentions in Filings

  • #Nordic American Tankers, Ltd. 648,132 2,696,229
    Dimensional ETF TrustNORDIC AMERICAN TANKERS Ltd·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … the following 12 companies: Ardmore Shipping Corporation (NYSE: ASC); Cmb.Tech NV (NYSE: CMBT); DHT Holdings, Inc. (NYSE: DHT); Frontline PLC (NYSE: FRO); Hafnia Limited (NYSE: HAFN); Odfjell SE (Oslo: ODF); <strong>Nordic American Tankers Limited</strong> (NYSE: NAT); Scorpio Tankers Inc. (NYSE: STNG); SFL Corporation Limited (NYSE: SFL); Tsakos Energy Navigation Limited (NYSE: TNP); Teekay Tankers Ltd. (NYSE: TNK); and TORM plc (NYSE: TRMD). For the avoidance …
    International Seaways, Inc.NORDIC AMERICAN TANKERS Ltd·DEF 14A - Definitive proxy statement·Q2 26·29 Apr
  • … the following 12 companies: Ardmore Shipping Corporation (NYSE: ASC); Cmb.Tech NV (NYSE: CMBT); DHT Holdings, Inc. (NYSE: DHT); Frontline PLC (NYSE: FRO); Hafnia Limited (NYSE: HAFN); Odfjell SE (Oslo: ODF); <strong>Nordic American Tankers Limited</strong> (NYSE: NAT); Scorpio Tankers Inc. (NYSE: STNG); SFL Corporation Limited (NYSE: SFL); Tsakos Energy Navigation Limited (NYSE: TNP); Teekay Tankers Ltd. (NYSE: TNK); and TORM plc (NYSE: TRMD). For the avoidance …
    International Seaways, Inc.NORDIC AMERICAN TANKERS Ltd·PRE 14A - Preliminary proxy statement·Q2 26·10 Apr
  • … icant operators of multiple aframax and suezmax tankers in the Atlantic basin that compete with us include public companies such as CMB.Tech (formerly Euronav), Teekay Tankers, Frontline, International Seaways, Inc., Double Hull Tankers and <strong>Nordic American Tankers</strong>. There are also numerous smaller tanker operators in the Atlantic basin. **Employees** We have no salaried employees. See “—Management Contract—Crewing and Employees.” **Properties**
    TSAKOS ENERGY NAVIGATION LTDNORDIC AMERICAN TANKERS Ltd·20-F - Annual report (foreign private issuer)·06 Apr·6 Apr
  • … nc. | 323 | 93,486 | | KNOT Offshore Partners LP | 2,451 | 24,461 | | Matson, Inc. | 342 | 65,743 | | | | 393,487 | | General Freight Trucking - 4.4% | | | | Old Dominion Freight Line, Inc. | 475 | 102,885 | | Industrial Services - 1.1% | | | | Fedex Freight Holding Co., Inc. (a) | 171 | 25,821 | | Inland Water Transportation - 3.2% | | | | <strong>Nordic American Tankers</strong> Ltd. | 6,840 | 37,894 | | TORM PLC - Class A | 1,368 | 35,650 | | | | 73,544 | ---
    Corgi ETF Trust INORDIC AMERICAN TANKERS Ltd·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q2 26·31 Aug
  • #### Item C.1. Identification of investment. | | | | --- | --- | | a. Name of issuer (if any). | <strong>Nordic American Tankers</strong> Ltd | | b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. | 213800W4T8AMPKIPIU94 | | c. Title of the issue or description of the investment. | Nordic American Tankers Ltd | | d. CUSIP (if any). | N/A | At least one of the following other identifiers …
    Corgi ETF Trust INORDIC AMERICAN TANKERS Ltd·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q2 26·31 Aug

Key Stats

Trading

Px/Chg 1D$8.42 / +3.06%
Avg Volume4.91M
Beta0.20
Mkt Cap1.78B
FD Mkt Cap1.42B

Float

Shrs Out/Float211.75M / 200.01M
Short Float0.08%
Days to Cover2.32
Stock Repurchased$0.00

Current Valuation

EV2.12B
EV/EBITDA14.13
EV/Sales6.34
P/B3.91
P/S5.34
FCF Yield1.67%
ROE10.15%
ROA5.14%
Current Ratio3.00

Dividend

Cash$0.22
Yield12.04%
Yield (TTM)12.04%

Estimates

P/E32.82
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgJun '23Jun '24Jun '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings40.0947.908.4212.1193.5338.52
Price / Sales7.062.132.121.6212.6916.75
Price / Book Value2.071.341.541.112.453.91
Price / Free Cash Flow28.26-10.1512.634.5074.3859.95
ENTERPRISE VALUE METRICS
Enterprise Value1,290.5969.71,101.5795.41,468.82,117.2
Enterprise Value / Sales8.992.862.812.2717.1019.89
Enterprise Value / EBITDA19.0010.476.105.9641.7430.73
Enterprise Value / EBIT30.0722.998.5210.2869.9738.57

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue10.6%195.8339.3391.7349.7292.4
Gross Income—-68.555.0150.8106.157.9
EBITDA—-24.792.6180.7133.5105.8
EBIT—-93.042.2129.377.448.0
Net Income—-119.415.198.746.612.3
EPS (Diluted)—-0.740.070.470.220.06
BALANCE SHEET
Cash & ST Inv7.2%34.759.631.139.245.9
Total Assets1.5%851.2880.7879.2817.6902.2
Total Liabilities6.7%352.9340.8340.9308.8456.6
Total Shareholder Equity-2.8%498.2540.0538.3508.8445.5
CASH FLOW
Net Operating Cash Flow—-44.524.1139.4128.219.8
Cap Ex66.6%-17.7-95.4-73.7-2.6-136.5
Free Cash Flow17%-62.2-71.365.8125.5-116.6

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)7.85
Basic Shares211.75
Market Cap1,662.2
Diluted Shares211.75
Fully Diluted Shares Outstanding211.75
Fully Diluted Market Cap1,662.2
+Consolidated Debt415.4
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-81.1
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value1,996.5

Segment data

Revenue

by Products and services

  • Spot Charter73%
  • Time Charter27%

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