Companies /Energy

Nordic American Tankers Ltd

NYSE: NAT Oil & Gas Midstream
$8.21
▼ $0.01 (−0.12%) today
Markets closed · 9:57pm ET

NAT at a Glance

Valuation
Market cap
$1.7B
P/E ratio
14.2
Dividend yield
13.10%
Profitability
Revenue (TTM)
$371.1M
Profit margin
33.3%
EPS (TTM)
$0.58
Price
52-week range
$3 – $9
Street target
$7.50
Earnings
Next report
Nov 27, 2026

Headquartered in Par La Ville Place, Hamilton Fiscal year ends December NYSE: NAT nat.bm

About Nordic American Tankers

Nordic American Tankers Limited (NAT) is a Bermuda-based tanker shipping company listed on the NYSE that owns and operates a homogeneous fleet of Suezmax tankers, each capable of carrying approximately 1 million barrels of crude oil. As of June 30, 2026, the fleet consisted of 17 Suezmax tankers with two newbuildings on order for 2028 delivery. The company primarily operates in the spot tanker market, transporting crude oil globally for major oil companies and oil traders who account for approximately 50% of vessel utilization. NAT has loaded and discharged cargo in 68 countries over the past five years. Most vessels are built in South Korea. The company finances its fleet through secured credit facilities with Beal Bank and sale-leaseback arrangements with Ocean Yield. NAT is structured as a dividend company with a policy of distributing free cash flows to shareholders, having declared 116 consecutive quarterly dividends since its 1996 listing. The company does not operate any vessels other than Suezmaxes, maintaining fleet homogeneity as a competitive advantage for operational efficiency and customer flexibility. Updated

NAT Coverage

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Frequently Asked Questions

What does Nordic American Tankers do?

Nordic American Tankers Limited (NAT) is a Bermuda-based tanker shipping company listed on the NYSE that owns and operates a homogeneous fleet of Suezmax tankers, each capable of carrying approximately 1 million barrels of crude oil.

What is the NAT stock price target?

The Wall Street consensus 12-month price target for NAT is $7.50.