Nordic American Tankers (NAT)
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Nordic American Tankers Ltd (NYSE: NAT) – An active period involving several transactions
GlobeNewswire· 2025-01-22 15:30
Wednesday, January 22, 2025 Dear Shareholders and Investors, In the recent past, NAT has carried through several transactions, reflecting a very active period. NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, we have also sold a 2003-built vessel to a UK based owner. This sale which is expected to close in the second half of February, will produce a cash injection of USD 22.5 million. NAT is in a very solid position and ...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
GlobeNewswire News Room· 2024-12-12 14:51
Thursday, December 12, 2024 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 100,000 shares in NAT at the price of USD 2.6129 per share. Following this transaction the Hansson family owns an aggregate of 8,150,000 shares – being the largest private shareholder group in the company. My son, Monaco-based Alexander Hansson, has 3,600,000 shares in NAT. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American ...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT
GlobeNewswire News Room· 2024-12-04 15:01
Wednesday, December 4, 2024 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 194,341 shares in NAT at the price of USD 2.7802 per share. Following this transaction the Hansson family owns an aggregate of 8,000,000 shares – being the largest private shareholder group in the company. Recently, my son, Monaco-based Alexander Hansson, has bought 350,000 shares in NAT, increasing his stake to 3,550,000 shares. Sincerely, H ...
Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold
Seeking Alpha· 2024-11-29 16:22
I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...
Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-29 14:26
Nordic American Tankers (NAT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this tanker company would post earnings of $0.07 per share when it actually produced earnings of $0.10, delivering a surprise of 42.86%.Over the last four quarter ...
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
GlobeNewswire News Room· 2024-11-29 10:33
Friday, November 29, 2024 Dear Shareholders and Investors, Highlights: The international profile of NAT is reflected in the fact that during the last five years our ships have loaded & discharged in 68 countries. Ninety day periods offer a short-term snapshot of a company. However, it is more constructive to view the longer-term picture. The direction of NAT is unquestionably upwards, and there is room for profitable growth. 1. During the third quarter 2024, we concluded time-charter (T/C) contr ...
Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2024 Annual General Meeting of Shareholders
GlobeNewswire News Room· 2024-11-25 13:54
Monday, November 25, 2024 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the “Meeting”) Thursday, November 21, 2024 in Monaco.A quorum was present, and the following resolutions were approved and adopted at the Meeting: Election of Founder, Chairman & CEO Herbjorn Hansson to serve as Director & Chairman of the BoardElection of Alexander Hansson to serve as Director of the BoardElection of Jenny Chu to serve as Director of the ...
Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
GlobeNewswire News Room· 2024-11-04 10:41
Monday, November 4, 2024 Dear Shareholders and Investors, We would note that we don’t expect there will be a noticeable immediate impact on Nordic American Tankers irrespective of who is the winner/looser in the upcoming presidential election. 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 ...
Nordic American Tankers Ltd (NYSE: NAT) – Long term contract with a major energy company
GlobeNewswire News Room· 2024-10-15 10:36
Tuesday, October 15, 2024 Dear Shareholders and Investors, NYSE listed Nordic American Tankers Ltd (NAT) is pleased to announce a five-year time charter contract with a major international energy company. The rate is in the mid-high 30's and the contract is expected to commence in November 2024. Sincerely, Herbjorn Hansson Founder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-lo ...
Nordic American Tankers Ltd (NYSE: NAT) – 2024 Annual General Meeting of Shareholders (AGM)
GlobeNewswire News Room· 2024-09-23 10:51
Monday, September 23, 2024 Dear Shareholders and Investors, Please be informed that the date of the Annual General Meeting (AGM) in Nordic American Tankers Limited (NAT) has been set to November 21, 2024. The record date is September 16, 2024, for the determination of the NAT shareholders entitled to receive notice of and to vote at the AGM or any adjournment thereof. The Notice of the Meeting and the Proxy Statement will be available with the Securities and Exchange Commission (SEC) on a form 6-K post-mark ...