NAT Stock Recent News

Friday, May 9, 2025   Dear Shareholders and Investors, The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up.

Nordic American Tankers (NAT) is a small-cap Suezmax tanker firm with a clean balance sheet and a history of consistent dividends. Despite recent poor share price performance, NAT's earnings are set to improve significantly due to rising Suezmax rates, making it a compelling buy. The supply of oil is increasing while the number of available ships remains fixed, creating a favorable market for NAT.

Tuesday, April 8, 2025   Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 150,000 shares at $2.40 per share. Yesterday he purchased 100,000 shares at $2.19.

Monday, April 7, 2025   Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.19 per share. He is now holding 4,400,000 shares.

Monday, April 7, 2025   Dear Shareholders and Investors, I wish personally to reassure our shareholders/investors that Nordic American is in a very strong position. In these volatile markets we have maneuvered conservatively, creating an upwards path for NAT.

Nordic American Tankers operates 21 Suezmax oil tankers, has paid dividends for 110 consecutive quarters, and is positioned to benefit from potential global growth. The company has navigated a decade of overcapacity and slow growth, optimizing its fleet and continuing dividends, with insiders buying shares during price declines. Rising geopolitical tensions and underinvestment in new tankers have increased demand for existing fleets, making NAT a strong contrarian investment with a ~10% dividend yield.

Tuesday, March 18, 2025 Dear Shareholders and Investors,   Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.6368 per share. He is now holding 4,300,000 shares.

Friday, March 14, 2025   Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.4975 per share. He is now holding 4,200,000 shares.

Friday, March 14, 2025   Dear Shareholders and Investors, As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax tanker from a first-class owner. The vessel is expected to be delivered to NAT at the end of this month (March 2025).

Tuesday, March 4, 2025   Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.45 per share. He is now holding 4,100,000 shares.