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 ...

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 ...

Wednesday, September 11, 2024 Dear Shareholders and Investors, On September 2nd, 2024, we advised Shareholders and Investors that a Conference call would take place Thursday, September 12th. Conference Call timing: Date: Thursday September 12, 2024 Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Webcast URL: To join via webcast click on the link below and follow the instructions: https://edge.media-server.com/mmc/p/ntj8raco Dial-In numbers: Dial in to the Conference using one of ...

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I Note: Press Releases | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------|----------------------------------------------------------------|--------|--------|--------|--------|--------| | Nordic American Tankers - Key Financial Metrics | Q1/2023 \| Q2/2023 \| Q3/2023 \| Q4/2023 \| Q1/2024 \| Q2/2024 | | | | | | | Revenue | 87.1 | 67.8 | 48.0 | 59.3 | 60.6 | 66.1 | | Average Daily TCE Rate ($) | 51,902 | 39,300 | 31,235 ...

Monday, September 2, 2024 Dear Shareholders and Investors, Thursday September 12, 2024, we will host an Investor Conference Call with the main objective of providing an update on Nordic American Tankers Ltd, including prospects going forward. Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Dial-in details to be provided later. Sincerely, Herbjorn Hansson Founder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matt ...

Core Viewpoint - Nordic American Tankers (NAT) reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, but down from $0.13 per share a year ago, indicating a 42.86% earnings surprise [1][2] Financial Performance - The company posted revenues of $66.1 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 21.64%, although this is a decrease from $67.8 million in the same quarter last year [2] - Over the last four quarters, the company has only surpassed consensus EPS estimates once [2] Stock Performance - Nordic American Tankers shares have declined approximately 14.3% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $66.16 million, and for the current fiscal year, it is $0.41 on revenues of $264.07 million [7] Industry Outlook - The Transportation - Shipping industry, to which Nordic American Tankers belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Thursday, August 29, 2024 Dear Shareholders and Investors, Highlights: Ninety day periods offer a short-term snapshot of a company. However, it is more important to view the longterm picture. The direction of NAT is unquestionably upward, with further room to grow. 1. For the second quarter of 2024, NAT produced a net profit of $21.6 million, which is a substantial improvement compared with the previous quarter (1Q24) with a net Profit of $15.1 million. 2. The dividend for the second quarter is 12 cents ($0 ...

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Clearly, options traders are pricing in a big move for Nordic American Tankers shares, but what is the fundamental picture for the company? Currently, Nordic American Tankers is a Zacks Rank #3 (Hold) in the Transportation - Shipping industry that ranks in the Top 19% of our Zacks Industry Rank. Over the last 60 days, the Zacks Consensus Estimate for the current quarter has moved from 9 cents per share to 7 cents. What is Implied Volatility? What do the Analysts Think? Looking to Trade Options? Click to see ...

As in the past, the Hansson family is the largest private shareholder group in the company. For contacts, please see at the end of this communication. Sincerely, Herbjorn Hansson Founder, Chairman & CEO Thursday, May 30, 2024 Dear Shareholders and Investors, Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 350,000 shares in NAT at $4.0029 per share for a total sum of $1,4 million. Following these transa ...