NAT
Nordic American Tankers Limited
Price Chart
No historical data available
Latest Quote
$6.77
+0.01 (+0.15%)
Current Price
| Previous Close | $6.76 |
| Open | $6.90 |
| Day High | $6.98 |
| Day Low | $6.69 |
| Volume | 4,642,715 |
Stock Information
| Quarterly Dividend / Yield | $1.08 / 15.98% |
| Shares Outstanding | 211.75M |
| Quarterly Dividend Yield | 15.98% |
| Quarterly Dividend | $1.08 |
| Total Debt | $406.57M |
| Cash Equivalents | $133.29M |
| Revenue | $387.58M |
| Net Income | $123.50M |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Market Cap | $1.43B |
| P/E Ratio | 11.67 |
| EPS (TTM) | $0.58 |
| Exchange | NYQ |
Recent Price History
No history data available. Data will be fetched automatically.
About Nordic American Tankers Limited
Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers. It serves oil companies, oil traders, and other entities requiring crude oil transportation services. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to American Tankers Limited in June, 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $234,553,000 | $243,606,000 | $240,907,000 | $284,366,000 |
| Cost Of Revenue | $234,553,000 | $243,606,000 | $240,907,000 | $284,366,000 |
| Total Revenue | $291,690,000 | $349,742,000 | $391,687,000 | $339,340,000 |
| Operating Revenue | $291,690,000 | $349,742,000 | $391,687,000 | $339,340,000 |
| Expenses | ||||
| Interest Expense | $35,007,000 | $29,889,000 | $29,040,000 | $23,455,000 |
| Total Expenses | $261,966,000 | $272,431,000 | $263,797,000 | $303,164,000 |
| Other Income Expense | $16,621,000 | - | - | $5,691,000 |
| Net Non Operating Interest Income Expense | $-34,026,000 | $-30,678,000 | $-29,059,000 | $-26,743,000 |
| Total Other Finance Cost | $627,000 | $1,520,000 | $1,321,000 | $3,554,000 |
| Interest Expense Non Operating | $35,007,000 | $29,889,000 | $29,040,000 | $23,455,000 |
| Operating Expense | $27,413,000 | $28,825,000 | $22,890,000 | $18,798,000 |
| Other Operating Expenses | $-730,000 | - | - | - |
| General And Administrative Expense | $28,143,000 | $28,825,000 | $22,890,000 | $18,798,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Net Interest Income | $-34,026,000 | $-30,678,000 | $-29,059,000 | $-26,743,000 |
| Interest Income | $1,608,000 | $731,000 | $1,302,000 | $266,000 |
| Normalized Income | $-4,285,238 | $46,643,000 | $98,711,000 | $9,418,655 |
| Net Income From Continuing And Discontinued Operation | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Total Operating Income As Reported | $46,345,000 | $77,311,000 | $127,890,000 | $41,867,000 |
| Net Income Common Stockholders | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Net Income | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Net Income Including Noncontrolling Interests | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Net Income Continuous Operations | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Pretax Income | $12,319,000 | $46,633,000 | $98,831,000 | $15,124,000 |
| Special Income Charges | $16,621,000 | $0 | $0 | $5,691,000 |
| Interest Income Non Operating | $1,608,000 | $731,000 | $1,302,000 | $266,000 |
| Gross Profit | $57,137,000 | $106,136,000 | $150,780,000 | $54,974,000 |
| Per Share | ||||
| Diluted EPS | $0.06 | $0.22 | $0.47 | $0.07 |
| Basic EPS | $0.06 | $0.22 | $0.47 | $0.07 |
| Other | ||||
| Tax Effect Of Unusual Items | $64,762 | $0 | $0 | $8,655 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $88,440,000 | $132,673,000 | $179,268,000 | $83,309,000 |
| Total Unusual Items | $16,621,000 | $0 | $0 | $5,691,000 |
| Total Unusual Items Excluding Goodwill | $16,621,000 | $0 | $0 | $5,691,000 |
| Reconciled Depreciation | $57,735,000 | $56,151,000 | $51,397,000 | $50,421,000 |
| EBITDA (Bullshit earnings) | $105,061,000 | $132,673,000 | $179,268,000 | $89,000,000 |
| EBIT | $47,326,000 | $76,522,000 | $127,871,000 | $38,579,000 |
| Diluted Average Shares | $211,750,663 | $209,227,286 | $208,796,444 | $202,032,942 |
| Basic Average Shares | $211,750,663 | $209,227,286 | $208,796,444 | $202,032,942 |
| Diluted NI Availto Com Stockholders | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Tax Provision | $48,000 | $-10,000 | $120,000 | $23,000 |
| Gain On Sale Of Ppe | $16,621,000 | $0 | $0 | $6,005,000 |
| Selling General And Administration | $28,143,000 | $28,825,000 | $22,890,000 | $18,798,000 |
| Other Gand A | $28,143,000 | $28,825,000 | $22,890,000 | $18,798,000 |
| Impairment Of Capital Assets | - | $0 | $0 | $314,000 |
| Write Off | - | - | - | - |
Fetched: 2026-08-20
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $445,521,000 | $508,813,000 | $538,334,000 | $539,982,000 |
| Total Assets | $902,164,000 | $817,587,000 | $879,196,000 | $879,883,000 |
| Total Non Current Assets | $751,296,000 | $718,816,000 | $770,286,000 | $737,221,000 |
| Current Assets | $150,868,000 | $98,771,000 | $108,910,000 | $142,662,000 |
| Other Current Assets | $21,619,000 | $10,006,000 | $13,760,000 | $27,481,000 |
| Assets Held For Sale Current | $36,016,000 | $0 | - | $0 |
| Restricted Cash | $0 | $5,207,000 | $2,283,000 | $3,719,000 |
| Prepaid Assets | $8,401,000 | $6,227,000 | $4,319,000 | $5,975,000 |
| Inventory | $19,930,000 | $21,931,000 | $31,183,000 | $25,430,000 |
| Receivables | $19,039,000 | $16,223,000 | $26,287,000 | $20,474,000 |
| Accounts Receivable | $19,039,000 | $16,223,000 | $26,287,000 | $20,474,000 |
| Allowance For Doubtful Accounts Receivable | $-406,103,000 | $-195,000,000 | $-88,000,000 | $-130,000,000 |
| Gross Accounts Receivable | $425,142,000 | $211,223,000 | $114,287,000 | $150,474,000 |
| Cash And Cash Equivalents | $45,863,000 | $39,177,000 | $31,078,000 | $59,583,000 |
| Other Non Current Assets | - | - | $155,000 | $148,000 |
| Non Current Deferred Assets | - | - | - | $0 |
| Debt | ||||
| Net Debt | $378,281,000 | $230,527,000 | $270,517,000 | $246,454,000 |
| Total Debt | $424,144,000 | $269,704,000 | $301,595,000 | $306,572,000 |
| Long Term Debt And Capital Lease Obligation | $388,740,000 | $248,144,000 | $269,697,000 | $266,872,000 |
| Long Term Debt | $388,740,000 | $248,144,000 | $269,697,000 | $266,337,000 |
| Current Debt And Capital Lease Obligation | $35,404,000 | $21,560,000 | $31,898,000 | $39,700,000 |
| Current Debt | $35,404,000 | $21,560,000 | $31,898,000 | $39,700,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $456,643,000 | $308,774,000 | $340,892,000 | $339,901,000 |
| Total Non Current Liabilities Net Minority Interest | $389,223,000 | $248,989,000 | $270,414,000 | $267,487,000 |
| Other Non Current Liabilities | $483,000 | $845,000 | $717,000 | $615,000 |
| Current Liabilities | $67,420,000 | $59,785,000 | $70,478,000 | $72,414,000 |
| Other Current Liabilities | $242,000 | $344,000 | $648,000 | $1,821,000 |
| Current Deferred Liabilities | $3,836,000 | $5,632,000 | $3,949,000 | $6,146,000 |
| Payables And Accrued Expenses | $27,310,000 | $31,650,000 | $33,339,000 | $24,747,000 |
| Payables | $3,517,000 | $15,516,000 | $16,298,000 | $6,960,000 |
| Dividends Payable | $0 | $8,470,000 | $12,528,000 | $0 |
| Total Tax Payable | $989,000 | $2,789,000 | $324,000 | - |
| Accounts Payable | $2,528,000 | $4,257,000 | $3,446,000 | $6,960,000 |
| Equity | ||||
| Common Stock Equity | $445,521,000 | $508,813,000 | $538,334,000 | $539,982,000 |
| Total Equity Gross Minority Interest | $445,521,000 | $508,813,000 | $538,304,000 | $539,982,000 |
| Stockholders Equity | $445,521,000 | $508,813,000 | $538,334,000 | $539,982,000 |
| Gains Losses Not Affecting Retained Earnings | $-1,155,000 | $-1,822,000 | $-2,094,000 | $-1,813,000 |
| Other Equity Adjustments | $-1,155,000 | $-1,822,000 | $-2,094,000 | $-1,813,000 |
| Retained Earnings | $1,398,000 | $-10,873,000 | $-57,516,000 | $-156,227,000 |
| Other | ||||
| Ordinary Shares Number | $211,750,663 | $211,750,663 | $208,796,444 | $208,796,444 |
| Share Issued | $211,750,663 | $211,750,663 | $208,796,444 | $208,796,444 |
| Tangible Book Value | $445,521,000 | $508,813,000 | $538,334,000 | $539,982,000 |
| Invested Capital | $869,665,000 | $778,517,000 | $839,929,000 | $846,019,000 |
| Working Capital | $83,448,000 | $38,986,000 | $38,432,000 | $70,248,000 |
| Total Capitalization | $834,261,000 | $756,957,000 | $808,031,000 | $806,319,000 |
| Treasury Stock | $0 | $0 | $0 | $0 |
| Additional Paid In Capital | $443,161,000 | $519,391,000 | $595,827,000 | $695,935,000 |
| Capital Stock | $2,117,000 | $2,117,000 | $2,117,000 | $2,087,000 |
| Common Stock | $2,117,000 | $2,117,000 | $2,117,000 | $2,087,000 |
| Current Deferred Revenue | $3,836,000 | $5,632,000 | $3,949,000 | $6,146,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $628,000 | $599,000 | $644,000 | - |
| Current Accrued Expenses | $23,793,000 | $16,134,000 | $17,041,000 | $17,787,000 |
| Net PPE | $751,296,000 | $718,816,000 | $770,286,000 | $737,073,000 |
| Accumulated Depreciation | $-504,916,000 | $-519,592,000 | $-463,537,000 | $-412,186,000 |
| Gross PPE | $1,256,212,000 | $1,238,408,000 | $1,233,823,000 | $1,149,259,000 |
| Other Properties | $2,448,000 | $2,794,000 | $733,000 | $1,209,000 |
| Machinery Furniture Equipment | $1,253,764,000 | $1,235,614,000 | $1,233,090,000 | $1,148,050,000 |
| Capital Lease Obligations | - | - | $0 | $535,000 |
| Long Term Capital Lease Obligation | - | - | $0 | $535,000 |
| Construction In Progress | - | - | - | $0 |
Fetched: 2026-08-20
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-114,626,000 | $125,538,000 | $65,775,000 | $-71,283,000 |
| Operating Activities | ||||
| Operating Cash Flow | $19,824,000 | $128,158,000 | $139,445,000 | $24,134,000 |
| Cash Flow From Continuing Operating Activities | $19,824,000 | $128,158,000 | $139,445,000 | $24,134,000 |
| Operating Gains Losses | $-16,621,000 | - | - | $-6,005,000 |
| Investing Activities | ||||
| Capital Expenditure | $-134,450,000 | $-2,620,000 | $-73,670,000 | $-95,417,000 |
| Investing Cash Flow | $-87,699,000 | $-2,620,000 | $-73,670,000 | $-14,343,000 |
| Cash Flow From Continuing Investing Activities | $-87,699,000 | $-2,620,000 | $-73,670,000 | $-14,343,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $0 | $-3,547,000 | $0 | $0 |
| Issuance Of Capital Stock | $0 | $8,932,000 | $0 | $49,096,000 |
| Financing Cash Flow | $68,993,000 | $-115,051,000 | $-95,672,000 | $9,005,000 |
| Cash Flow From Continuing Financing Activities | $68,993,000 | $-115,051,000 | $-95,672,000 | $9,005,000 |
| Net Other Financing Charges | $-2,514,000 | - | $-669,000 | - |
| Cash Dividends Paid | $-84,700,000 | $-87,695,000 | $-89,783,000 | $-22,682,000 |
| Net Common Stock Issuance | $0 | $5,385,000 | $0 | $49,096,000 |
| Common Stock Issuance | $0 | $8,932,000 | $0 | $49,096,000 |
| Common Stock Dividend Paid | - | - | - | $-22,682,000 |
| Other | ||||
| Repayment Of Debt | $-34,452,000 | $-32,741,000 | $-59,220,000 | $-105,409,000 |
| Issuance Of Debt | $190,659,000 | $0 | $54,000,000 | $88,000,000 |
| Interest Paid Supplemental Data | $35,007,000 | $29,890,000 | $29,040,000 | $23,455,000 |
| Income Tax Paid Supplemental Data | $33,000 | $10,000 | $23,000 | $59,000 |
| End Cash Position | $45,863,000 | $44,384,000 | $33,361,000 | $63,302,000 |
| Beginning Cash Position | $44,384,000 | $33,361,000 | $63,302,000 | $44,648,000 |
| Effect Of Exchange Rate Changes | $361,000 | $536,000 | $-44,000 | $-142,000 |
| Changes In Cash | $1,118,000 | $10,487,000 | $-29,897,000 | $18,796,000 |
| Common Stock Payments | $0 | $-3,547,000 | $0 | $0 |
| Net Issuance Payments Of Debt | $156,207,000 | $-32,741,000 | $-5,220,000 | $-17,409,000 |
| Net Long Term Debt Issuance | $156,207,000 | $-32,741,000 | $-5,220,000 | $-17,409,000 |
| Long Term Debt Payments | $-34,452,000 | $-32,741,000 | $-59,220,000 | $-105,409,000 |
| Long Term Debt Issuance | $190,659,000 | $0 | $54,000,000 | $88,000,000 |
| Net PPE Purchase And Sale | $-87,699,000 | $-2,620,000 | $-73,670,000 | $-14,343,000 |
| Sale Of PPE | $46,751,000 | $0 | $0 | $81,074,000 |
| Purchase Of PPE | $-134,450,000 | $-2,620,000 | $-73,670,000 | $-95,417,000 |
| Change In Working Capital | $-17,258,000 | $25,131,000 | $-4,666,000 | $-31,631,000 |
| Change In Other Current Assets | $-10,996,000 | $4,607,000 | $12,819,000 | $-13,509,000 |
| Change In Payables And Accrued Expense | $-2,594,000 | $3,970,000 | $-8,477,000 | $230,000 |
| Change In Prepaid Assets | $-2,791,000 | $-2,763,000 | $2,558,000 | $-2,694,000 |
| Change In Inventory | $2,000,000 | $9,252,000 | $-5,753,000 | $-4,558,000 |
| Change In Receivables | $-2,877,000 | $10,065,000 | $-5,813,000 | $-11,100,000 |
| Changes In Account Receivables | $-2,877,000 | $10,065,000 | $-5,813,000 | $-11,100,000 |
| Other Non Cash Items | $-16,303,000 | $-1,614,000 | $-8,200,000 | $-4,542,000 |
| Stock Based Compensation | $0 | $1,847,000 | $2,203,000 | $476,000 |
| Asset Impairment Charge | $0 | $0 | $0 | $314,000 |
| Depreciation Amortization Depletion | $57,735,000 | $56,151,000 | $51,397,000 | $50,421,000 |
| Depreciation And Amortization | $57,735,000 | $56,151,000 | $51,397,000 | $50,421,000 |
| Depreciation | $57,735,000 | $56,151,000 | $51,397,000 | $50,421,000 |
| Gain Loss On Sale Of PPE | $-16,621,000 | $0 | $0 | $-6,005,000 |
| Net Income From Continuing Operations | $12,271,000 | $46,643,000 | $98,711,000 | $15,101,000 |
| Net Investment Purchase And Sale | - | - | - | $0 |
| Sale Of Investment | - | - | - | $0 |
| Unrealized Gain Loss On Investment Securities | - | - | - | $0 |
| Net Short Term Debt Issuance | - | - | - | - |
| Short Term Debt Payments | - | - | - | - |
| Pension And Employee Benefit Expense | - | - | - | - |
Fetched: 2026-08-20