Nordic American Tankers (NAT)

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Quantum Computing, Mesoblast And Other Big Stocks Moving Lower In Monday's Pre-Market Session - Rich Sparkle Holdings (NASDAQ:ANPA), International Paper (NYSE:IP)
Benzinga· 2025-10-06 12:09
Group 1 - U.S. stock futures are higher, with Dow futures gaining approximately 100 points [1] - Quantum Computing Inc. raised $750 million from institutional investors in a market-priced private placement, leading to a sharp decline in its shares by 11.7% to $21.70 in pre-market trading [1] Group 2 - Rich Sparkle Holdings Ltd experienced a significant drop of 15% to $22.10 in pre-market trading after a 10% decline on Friday [3] - Nordic American Tankers Ltd fell 7.8% to $3.07 in pre-market trading [3] - Smurfit WestRock PLC shares decreased by 5.8% to $39.54 in pre-market trading [3] - Mesoblast Ltd shares declined 5.2% to $17.45 in pre-market trading, despite an 8% gain on Friday following the announcement of Ryoncil receiving a J-Code from Medicare & Medicaid Services [3] - Invesco Mortgage Capital Inc saw a decline of 4.4% to $7.42 in pre-market trading [3] - Inventiva ADR shares fell 4.2% to $6.26 in pre-market trading after the appointment of Andrew Obenshain as CEO [3] - International Paper Co dropped 4.2% to $45.21 in pre-market trading ahead of its third-quarter earnings release on October 30 [3] - Lufax Holding Ltd – ADR fell 3.7% to $3.85 in pre-market trading after an 8% decline on Friday [3] - Larimar Therapeutics Inc shares decreased by 3.3% to $4.71 in pre-market trading after a 14% jump on Friday [3]
Quantum Computing, Mesoblast And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Benzinga· 2025-10-06 12:09
Market Overview - U.S. stock futures are higher, with Dow futures gaining approximately 100 points [1] Quantum Computing Inc. - Quantum Computing Inc. (NASDAQ:QUBT) raised $750 million from institutional investors through a market-priced private placement led by top shareholders [1] - Shares of Quantum Computing fell sharply by 11.7% to $21.70 in pre-market trading [1] Other Stocks in Pre-Market Trading - Rich Sparkle Holdings Ltd (NASDAQ:ANPA) dropped 15% to $22.10 after a 10% decline on Friday [3] - Nordic American Tankers Ltd (NYSE:NAT) decreased by 7.8% to $3.07 [3] - Smurfit WestRock PLC (NYSE:SW) fell 5.8% to $39.54 [3] - Mesoblast Ltd (NASDAQ:MESO) declined 5.2% to $17.45, despite an 8% gain on Friday following the announcement of Ryoncil receiving a J-Code from Medicare & Medicaid Services [3] - Invesco Mortgage Capital Inc (NYSE:IVR) decreased by 4.4% to $7.42 [3] - Inventiva ADR (NASDAQ:IVA) fell 4.2% to $6.26 after appointing Andrew Obenshain as CEO [3] - International Paper Co (NYSE:IP) dropped 4.2% to $45.21 ahead of its third-quarter earnings release on October 30 [3] - Lufax Holding Ltd – ADR (NYSE:LU) fell 3.7% to $3.85 after an 8% decline on Friday [3] - Larimar Therapeutics Inc (NASDAQ:LRMR) decreased by 3.3% to $4.71 after a 14% jump on Friday [3]
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more NAT shares - the path is unquestionably upwards
Globenewswire· 2025-09-30 13:41
Company Overview - The Founder, Chairman & CEO of Nordic American Tankers has purchased 150,000 shares at a price of $3.11 per share, increasing personal ownership to 5,100,000 shares [1] - The CEO's family collectively owns 10,250,000 shares, making them the largest private shareholder group in the company [1] - Nordic American Tankers has consistently paid dividends for 113 consecutive quarters since becoming publicly listed in 1995 [1] Financial Performance - The company expresses a positive outlook, indicating that prospects are good and the path is "unquestionably upwards" [1]
Nordic American Tankers Ltd (NYSE: NAT) – 2025 Annual General Meeting of Shareholders (AGM)
Globenewswire· 2025-09-29 09:34
Group 1 - The Annual General Meeting (AGM) for Nordic American Tankers Limited (NAT) is scheduled for November 21, 2025, with a record date of September 12, 2025, for shareholders entitled to vote [1][2] - The Notice of the Meeting and Proxy Statement will be available with the Securities and Exchange Commission (SEC) on a form 6-K post-market on September 29, 2025 [2] - The communication is signed by Herbjorn Hansson, the Founder, Chairman, and CEO of Nordic American Tankers Ltd [4] Group 2 - The company includes a cautionary statement regarding forward-looking statements, as per the Private Securities Litigation Reform Act of 1995, to encourage the provision of prospective information [4][5] - Forward-looking statements are based on various assumptions, including management's examination of historical operating trends and data from third parties, but are subject to significant uncertainties [6][7] - Important factors that could cause actual results to differ from forward-looking statements include market conditions, operating expenses, regulatory changes, and geopolitical factors [7][8]
Nordic American Tankers Ltd (NYSE: NAT) – Vice Chairman Alexander Hansson buys more NAT shares, bringing the Hansson family holding above 10 million shares
Globenewswire· 2025-09-22 13:34
Group 1 - Non-Executive Vice Chairman Alexander Hansson purchased 100,000 shares at $3.27 per share, increasing his total holdings to 5,150,000 shares [1] - The Hansson family now owns a total of 10,100,000 shares, making them the largest private shareholder group in Nordic American Tankers Ltd [1] Group 2 - The company emphasizes the inclusion of forward-looking statements in its communications, which are protected under the Private Securities Litigation Reform Act of 1995 [2][3] - Forward-looking statements are based on various assumptions, including management's examination of historical operating trends and data from third parties [4] - The company acknowledges that these assumptions are subject to significant uncertainties and cannot guarantee the achievement of expectations or projections [4]
Jim Cramer Shows Bearish Sentiment Toward Nordic American Tankers
Yahoo Finance· 2025-09-22 07:43
Group 1 - Nordic American Tankers Limited (NYSE:NAT) operates a fleet of Suezmax crude oil tankers and reported a Q2 2025 net loss of $0.9 million, a decline from a profit of $4.2 million in Q1 [1] - The company's net voyage revenue increased by 5.8% year-over-year to $40.15 million [1] - The average time charter equivalent (TCE) for the fleet rose to $26,880 per day from $24,714 in the previous quarter, with 14 out of 20 vessels operating in the spot market [1] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to NAT [2] - The article suggests that there are extremely undervalued AI stocks that could benefit from Trump-era tariffs and the onshoring trend [2]
Jim Cramer's Warning On This Oil Stock: 'You Don't Want To Be In It' - Johnson Controls Intl (NYSE:JCI), International Money (NASDAQ:IMXI)
Benzinga· 2025-09-19 12:11
Company Insights - Western Union announced the acquisition of Intermex for approximately $500 million, aimed at strengthening its position in the high-growth Latin American markets [1] - Johnson Controls raised its dividend from 37 cents to 40 cents per share on September 10 [2] - MNTN reported a second-quarter loss of 65 cents per share, an improvement from a loss of 69 cents per share a year ago, with quarterly sales of $68.460 million, exceeding analyst estimates of $64.483 million [2] - Nordic American Tankers posted weaker-than-expected quarterly sales on August 28, leading to a negative outlook from analysts [3] - Occidental Petroleum maintained a Neutral rating from UBS, with a price target increase from $45 to $46 [3][4] - Kenvue received a Neutral rating from Citigroup, with a price target reduction from $22 to $20 [4] Stock Performance - Western Union shares fell 1.7% to settle at $8.20 [7] - Johnson Controls shares gained 1% to close at $108.48 [7] - MNTN shares rose 0.1% to settle at $20.08 [7] - Nordic American shares fell 0.3% to $3.30 [7] - Occidental Petroleum shares rose 0.4% to close at $47.36 [7] - Kenvue shares fell 1.3% to settle at $18.10 [7]
Jim Cramer's Warning On This Oil Stock: 'You Don't Want To Be In It'
Benzinga· 2025-09-19 12:11
Group 1: Western Union - Western Union announced the acquisition of Intermex for approximately $500 million to strengthen its position in high-growth Latin American markets [1] - Western Union shares fell 1.7% to settle at $8.20 [7] Group 2: Johnson Controls - Johnson Controls raised its dividend from 37 cents to 40 cents per share [2] - Johnson Controls shares gained 1% to close at $108.48 [7] Group 3: MNTN, Inc. - MNTN reported a second-quarter loss of 65 cents per share, an improvement from a loss of 69 cents per share a year ago, with quarterly sales of $68.460 million, exceeding analyst estimates of $64.483 million [2] - MNTN shares rose 0.1% to settle at $20.08 [7] Group 4: Nordic American Tankers - Nordic American Tankers posted weaker-than-expected quarterly sales, leading to a negative outlook [3] - Nordic American shares fell 0.3% to $3.30 [7] Group 5: Occidental Petroleum - UBS analyst maintained Occidental Petroleum with a Neutral rating and raised the price target from $45 to $46 [3] - Occidental Petroleum shares rose 0.4% to close at $47.36 [7] Group 6: Kenvue Inc. - Kenvue was maintained with a Neutral rating by Citigroup, with the price target lowered from $22 to $20 [4] - Kenvue shares fell 1.3% to settle at $18.10 [7]
Nordic American Tankers Ltd (NYSE: NAT) – Growing our company and raising our profile
Globenewswire· 2025-09-02 14:05
Company Announcement - Mr. Thomas Boye will be joining Nordic American Tankers, bringing 20 years of experience from ABG Sundal Collier, with a background in both London and Oslo [1] - The company plans to launch a series of road shows to communicate its positive narrative to investors globally [2] Leadership - Herbjorn Hansson serves as the Founder, Chairman, and CEO of Nordic American Tankers [3]
Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2025 – NAT increases its dividend in a solid market
GlobeNewswire· 2025-08-28 10:31
Core Viewpoint - The company emphasizes a long-term growth trajectory, prioritizing the quality of its ships and dividends while navigating short-term challenges [1]. Financial Performance - The dividend for Q2 2025 is set at $0.10 per share, marking the 112th consecutive quarterly cash dividend, payable on September 29, 2025, to shareholders on record as of September 12, 2025 [2]. - The average time charter equivalent (TCE) for the fleet in Q2 2025 was $26,880 per day per ship, resulting in an adjusted EBITDA of $15.8 million. However, the company recorded a net loss of $0.9 million for the quarter, influenced by one-time effects and the sale of a vessel [2]. Fleet and Operations - The fleet consists of 20 well-maintained suezmax tankers, following the acquisition of two vessels and the sale of one during Q2 2025 [2]. - The company has not carried Russian oil for over three and a half years, and approximately 50% of its fleet is employed by major oil companies, reflecting the quality of its vessels [2][6]. Market Outlook - There is strong demand for oil, particularly in emerging economies, and geopolitical developments may increase oil volumes available for the fleet [2]. - The company is optimistic about future operations, citing careful voyage planning and speed adjustments to reduce emissions [2].