Nordic American Tankers (NAT)

Nordic American Tankers Ltd. is an international tanker company. It owns and operates Suezmax crude oil tankers. The company was founded by Herbjorn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.

Company profile

Ticker

NAT

Exchange

NYSE

Website

www.nat.bm/

CEO

Herbjorn Hansson

Location

Bermuda

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Deep Sea Freight Transportation

Industry (SIC)

Water Transportation

Carnival • Carnival Corp. • Royal Caribbean • NCL • Norwegian Cruise Line • Tidewater • Seapeak • Altera Infrastructure • Kirby • Golar Lng ...

Former names

NORDIC AMERICAN TANKER SHIPPING LTD

SEC CIK

0001000177

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

NAT stock data

1M 1Y 5Y

News

From Benzinga Pro

'Asinine' Cash Flow: Energy Analyst Revises Forecast On Energy Stocks, Crude Oil Prices - 'Facts' Have Changed

27 Jul 22

Fundamentals will win, and shareholders will benefit from energy companies generating "asinine amounts" of free cash flow, says energy analysts at HFI Research. HFI is a contrarian investment research firm whose current focus is on the energy and natural gas markets.

U.S. Stocks Are Trading Lower As Inflation Rate Accelerates To This Level

13 Jul 22

U.S. stocks traded lower this morning following the release of inflation data for June.

Nordic American Tankers Announced Two Suezmax Newbuildings Delivered and Two Long Term Contracts Established

29 Jun 22

Dear Shareholders and Investors, On May 13, 2022, we took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard in South Korea. The vessel, which can carry one million barrels of oil, was named Nordic Harrier. We are always pleased to do business with South Korean shipbuilders, since their vessels are first-rate and always delivered on schedule.

Nordic American Tankers's Ex-Dividend Date Is Monday, Here's What You Need To Know

8 Jun 22

Alexander Hansson Boosts Holding In Nordic American Tankers

2 Jun 22

Press releases

From Benzinga Pro

Nordic American Tankers Ltd (NYSE: NAT) – Contracts

22 Jul 22

Friday, July 22, 2022 For Shareholders and Investors, Earnings for our suezmaxes with a cargo capacity of 150,000 tons (one million barrel) are on our website www.nat.bm Going forward,

Nordic American Tankers Ltd (NYSE: NAT) – Market improvements - Some recent contracts

12 Jul 22

Tuesday, July 12, 2022 Dear Shareholders and Investors, We are seing a strong improvement for our vessels. The fixtures also reflect waiting time. Our operating costs are about USD 7,500/day. The

Nordic American Tankers Ltd (NYSE: NAT) – Two suezmax newbuildings delivered and two long term contracts established

29 Jun 22

Wednesday, June 29, 2022 Dear Shareholders and Investors, On May 13, 2022, we took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard in South

Nordic American Tankers Ltd (NYSE: NAT) – Russia/Ukraine - impact on our business

13 Jun 22

Nordic American Tankers Ltd (NYSE: NAT) – Announces the date for its 2022 Annual General Meeting of Shareholders (AGM)

7 Jun 22

Calendar

11 May 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart NAT financial data

Quarter (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q1 2022

NAT institutional ownership history Ownership history

29.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	142	147	-3.4%
Opened positions	23	30	-23.3%
Closed positions	28	25	+12.0%
Increased positions	46	54	-14.8%
Reduced positions	44	36	+22.2%

13F shares	Current	Prev Q	Change
Total value	518.52M	545.96M	-5.0%
Total shares	57.01M	55.06M	+3.6%
Total puts	1.5M	1.73M	-13.3%
Total calls	2.01M	1.36M	+48.4%
Total put/call ratio	0.7	1.3	-41.6%

Largest owners	Shares	Value	Change
BLK Blackrock	9.9M	$21.08M	+3.8%
MS Morgan Stanley	5.37M	$11.43M	+12.3%
Allspring Global Investments	5.09M	$10.83M	+1.0%
Millennium Management	3.62M	$7.71M	-39.9%
STT State Street	3.36M	$7.16M	+23.9%
Charles Schwab Investment Management	2.18M	$4.64M	+19.6%
Susquehanna International	2.1M	$4.48M	-14.4%
Balyasny Asset Management	1.96M	$4.17M	+7761.1%
Parametric Portfolio Associates	1.37M	$2.92M	+26.5%
JPM JPMorgan Chase & Co.	1.24M	$2.65M	-20.0%

Largest transactions	Shares	Bought/sold	Change
Millennium Management	3.62M	-2.4M	-39.9%
Balyasny Asset Management	1.96M	+1.93M	+7761.1%
Privium Fund Management	1.22M	+1.22M	NEW
Group One Trading	470.4K	-801.82K	-63.0%
Cooper Creek Partners Management	467.13K	-792.71K	-62.9%
Bridgeway Capital Management	0	-690K	EXIT
Two Sigma Investments	649.68K	+649.68K	NEW
STT State Street	3.36M	+648.64K	+23.9%
MS Morgan Stanley	5.37M	+586.97K	+12.3%
Greylin Investment Mangement	11.23K	-522.76K	-97.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: aforementioned, albeit, Arctic, Arizona, attorney, backwardation, Barcelona, bit, Black, California, Century, Chamber, cheaper, Chu, cleaner, club, concurrently, contact, containership, converging, copper, deficiency, diplomatic, distillate, diversity, dosage, drastically, fitted, foreseeable, GHG, giant, Grace, HFO, IBA, ICE, ID, idle, influential, injunction, insignificant, ISO, Jenny, journal, JP, judge, kbpd, KOTRA, lifetime, likelihood, Louisiana, Lynch, manual, meant, Merrill, Mistral, Morgan, multiple, NWPR, OECD, overhang, Passat, pause, Penick, rapid, raw, rebound, resume, role, Rulemaking, Russian, scenario, sensitive, sensitivity, sharply, spring, stable, Stanley, stowage, struggling, trailing, UBS, Ukraine, Ukrainian, unfold, unimpeded, unwound, upcoming, upturn, vacated, vaccine, valuable, variation, voluntarily, waste, wealth

Removed: acted, actuarial, agree, Backstop, borne, cancellation, Cherrington, comparative, deficit, emerging, equaling, exceeded, exported, healthy, historic, identifiable, IEA, importantly, intensive, Interbank, Iran, lessee, nil, Offered, Paul, Peninsula, positively, prime, Professor, Protectionist, protective, quantity, retrospective, Richard, settlement, slippage, stop, Topic, traditional, unknown, Venezuela, Vietor, weak, weaker, Whiton, widening

From filing 20-F 2021 FY

Financial reports

View all

20-F

2021 FY

Annual report (foreign)

11 May 22

20-F

2020 FY

Annual report (foreign)

29 Apr 21

20-F