Nordic American Tankers Limited (NYSE: NAT - Get Free Report) was the recipient of some unusual options trading on Wednesday. Traders acquired 4,510 call options on the company. This is an increase of 52% compared to the typical daily volume of 2,964 call options. Nordic American Tankers Price Performance Nordic American Tankers stock opened at $4.83
Monday, 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 (NAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Friday, 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.
Nordic American Tankers (NYSE: NAT - Get Free Report) and Orient Overseas International (OTCMKTS:OROVY - Get Free Report) are both transportation companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends. Volatility and Risk Nordic American Tankers
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.