Nordic American Tankers Limited Stock News

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.

Friday, February 28, 2025   Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot of a company, but it is more instructive to look at the bigger, longer-term picture. The direction of NAT is unquestionably upwards as we create room for profitable growth.

Nordic American Tankers' stock has declined by 26% since my last report, trending inline with weaker tanker rates. At current tanker rates, analyst estimates are likely too optimistic for 2025. Using more realistic assumptions, I believe NAT is fairly valued at 10x Fwd P/E. On the plus side, NAT's 6% dividend appears safe given current tanker rates. This could support the stock's valuation.

REPEAT Wednesday, February 5, 2025   Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.

Wednesday, February 5, 2025   Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.