Nordic American Tankers (NAT) – Among the Energy Stocks that Lost This Week

Core Viewpoint - Nordic American Tankers Limited (NYSE:NAT) has experienced a significant decline in share price, alongside a challenging financial performance in Q3 2025, despite a notable increase in adjusted EBITDA and a substantial dividend increase [1][3][5]. Financial Performance - The company reported a net loss of $2.8 million in Q3 2025, worsening from a loss of $0.85 million in Q2 2025, indicating ongoing pressure on margins [3]. - Total earnings for the first nine months of FY 2025 were $0.61 million, a sharp decline from $45.35 million in the same period last year [3]. - Net voyage revenue decreased by 12% year-over-year to $45.7 million [3]. Operational Highlights - Nordic American Tankers reported an adjusted EBITDA of $21.4 million for Q3 2025, reflecting a sequential increase of over 35% [4]. - The company is focused on fleet expansion, having signed a preliminary agreement with a South Korean shipyard to construct two new Suezmax tankers, expected to be delivered in the second half of 2028 [4]. Dividend Information - The company announced a quarterly dividend of $0.13 per share, which is an increase of almost 86% from the previous payout of $0.07, marking the 113th consecutive quarterly dividend [5]. - Despite the recent downturn, the share price has increased by over 36% since the beginning of 2025 [5].