Nordic American Tankers Limited (NYSE: NAT - Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $3.20 and traded as high as $3.51. Nordic American Tankers shares last traded at $3.4850, with a volume of 2,238,028 shares changing hands.
Monday, 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.
Thursday, 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.
Friday, December 12, 2025 Dear Shareholders and Investors, Below are the recent spot fixtures, showing the strong level of the market for our suezmax vessels. There is a scarcity of vessels, producing room for the high rates.
Suezmax tanker pure play Nordic American Tankers reported disappointing third quarter results with both revenues and profitability missing consensus expectations by a wide margin. Despite the weak operating performance, the company declared a generous quarterly cash dividend of $0.13 per common share, which is payable on December 22. Earlier this month, the company entered into a letter of intent with a Korean shipyard for the construction of two Suezmax tankers at a price of $86 million per vessel.
Nordic American Tankers Limited (NYSE: NAT - Get Free Report) shares fell 3.6% during trading on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $3.62 and last traded at $3.6250. 1,624,085 shares changed hands during trading, a decline of 37% from the average session volume of 2,563,829 shares.
Friday, November 28, 2025 Dear Shareholders and Investors, The direction of NAT is on the upswing. Safety for crew, safety for ships and dividends remain our main priorities.
Bank of Montreal Can increased its holdings in shares of Nordic American Tankers Limited (NYSE: NAT) by 140.6% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,370 shares of the shipping company's stock after buying an additional 19,500 shares during the quarter.
Friday, November 21, 2025 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") today, on November 21, 2025. We experienced a very high turnout at this year's AGM and all resolutions were approved and adopted at the Meeting: Election of Herbjorn Hansson, Alexander Hansson, Jenny Chu and Jim Kelly to serve as Directors of the Board.
Nordic American Tankers Limited is rated a Strong Buy due to its attractive dividend policy and modern, Suezmax-focused fleet. NAT benefits from rising spot market dayrates, with 70% of its vessels exposed to these rates, positioning NAT for substantial earnings growth. Structural tanker market shortages, aging global fleets, and robust oil demand support higher rates and long-term upside for NAT.
