Previous close | 0.3300 |
Open | 0.4500 |
Bid | 0.2000 |
Ask | 0.4000 |
Strike | 4.50 |
Expiry date | 2024-01-19 |
Day's range | 0.3300 - 0.4500 |
Contract range | N/A |
Volume | |
Open interest | 1.99k |
REPEAT Tuesday, May 23, 2023 Dear Shareholders and Investors, Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 50,000 shares in NAT at $4.04 per share. Following these transactions, Monaco based Alexander Hansson privately owns 2,150,000 shares in NAT. As in the past, the Hansson family is the largest private shareholder group in the company. For contacts, please see at the end of this communicat
Net income was $46.9 million, or $0.22 per share, and management said they would pay a $0.15 per share dividend. Time Charter Equivalent (TCE) rates for vessels were $60,005 per ship in the first quarter, which was the second-best first quarter in 28 years. Supply and demand is unbalanced in the tanker market, which is great for Nordic American Tankers.
Here is how FedEx (FDX) and Nordic American Tankers (NAT) have performed compared to their sector so far this year.
Nordic American Tankers (NAT) delivered earnings and revenue surprises of 10% and 9.48%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Monday, May 22, 2023 Dear Shareholders and Investors, Highlights: The average Time Charter Equivalent (TCE) for our spot vessels (15) during the first quarter of 2023 came in at $60,005 per day per ship. Including vessels on term contracts (4), the total average NAT TCE was $51,902 per day per ship. This is the second strongest first quarter TCE ever achieved in NAT’s 28 year history. Our operating costs are about $8,000 per day per vessel.The net profit for 1Q 2023 landed at $46.9 million or an
Snowflake's (SNOW) fiscal first-quarter results are likely to reflect gains from an increasing clientele and an expanding partner base.
If you think about it, dividend payments are essentially investors' versions of paydays within the stock market.
Tuesday, May 16, 2023 Dear Shareholders and Investors, Our first quarter 2023 earnings report will be released on Monday May 22, 2023 before NYSE opening. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking stateme
Here is how International Seaways (INSW) and Nordic American Tankers (NAT) have performed compared to their sector so far this year.
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Tuesday, March 28, 2023 Please find enclosed a table illustrating the dividend declared over 102 consecutive quarters. The dividend policy is a priority for NAT and will remain so. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospec
Nordic American Tankers (NYSE:NAT) has had a great run on the share market with its stock up by a significant 32% over...
Monday, March 20, 2023 Dear Shareholders and Investors, There is nervousness in the stock markets. This nervousness does not impact Nordic American Tankers Ltd (NAT). We would like to highlight three observations on the market for oil transportation: Firstly: We are not affected by the banking crisis that we see. Secondly: We are not affected by the fluctuations in the oil price. Thirdly: The market for our vessels continue to be strong When we experienced uncertainty in the banking world in 200
Thursday, March 9, 2023 Dear Shareholders and Investors, On Tuesday, March 7, 2023, we held an Investor Conference Call about Nordic American Tankers Ltd. The audio replay and a transcript of the call are available and can be distributed to interested parties on request. Please send an e-mail to Liv-Heidi.Henriksen@scandicamerican.com, who will provide the audio file or transcript. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REG
Monday, March 6, 2023 Dear Shareholders and Investors, Please find Investor Conference call details below and in attachment. Conference Call timing: Date: Tuesday March 7, 2023 Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Webcast URL: To join via webcast click on the link below and follow the instructions: https://edge.media-server.com/mmc/p/aavhroxp Dial-In numbers: Dial in to the Conference using one of the numbers below, closest to your location. When your line
Key Insights Using the Dividend Discount Model, Nordic American Tankers fair value estimate is US$4.27 Current share...
Monday, February 27, 2023 Dear Shareholders and Investors, The 4Q 2022 Net result is more than $50 million better than the same quarter 2021. The direction of NAT is unquestionably upwards. Highlights: 1) The average Time Charter Equivalent (TCE) for our spot vessels (15) during the fourth quarter of 2022 came in at $57,340 per day per ship. Including vessels on term contracts (4), the total average NAT TCE was $49,035 per day per ship. This was 76% up from the third quarter of 2022. Our operati
Nordic American Tankers (NAT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Thursday, February 23, 2023 Dear Shareholders and Investors, Our 4Q 2022 earnings will be released Monday February 27, 2023, before NYSE opening. On Tuesday March 7, 2023, we will host an Investor Conference Call to give an update on the position of Nordic American Tankers Ltd. Date: Tuesday, March 7, 2023Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Dial-in details to be circulated later. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers L
To get a sense of who is truly in control of Nordic American Tankers Limited ( NYSE:NAT ), it is important to...
Friday, February 10, 2023 Dear Shareholders and Investors, Our fourth quarter and full year 2022 earnings report will be released on Monday February 27, 2023, before NYSE opening. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections fo
Passive investing in index funds can generate returns that roughly match the overall market. But investors can boost...
Wednesday, January 4, 2023 Dear Shareholders & Investors, I thought I would share with you my thoughts for what I think 2023 holds for our company. The last days of 2022 are a good harbinger for the future: We concluded four contracts at rate levels of about USD 40,000 to USD 50,000 per day ranging between 30 days to 50 days each. As we have seen in the past, political uncertainty creates demand for the transport of oil. As a consequence of Russia's invasion of Ukraine and the West's strong reac
Insiders were net buyers of Nordic American Tankers Limited's ( NYSE:NAT ) stock during the past year. That is...
Friday, December 16, 2022 Dear Shareholders and Investors, Two weeks ago, December 2, I was chairing a conference call on the solid position of NAT. More than 150 shareholders and investors were registered at the call. Until recently, we have received numerous requests for transcripts of the call. Please visit our website www.nat.bm "In the News" to find instructions on how to obtain a copy. Alternatively, please send an e-mail directly to my colleague Liv-heidi.henriksen@scandicamerican.com In