Nordic American Tankers Limited Common Stock (NAT)
2.8200
-0.0000 (-0.00%)
Nordic American Tanker Shipping Ltd is a provider of crude oil transportation services, primarily operating a modern fleet of double-hull tankers
The company focuses on the transport of crude oil from production sites to refineries, meeting the logistical needs of oil producers and traders worldwide. Nordic American Tanker emphasizes safety, environmental responsibility, and operational efficiency in its shipping practices, positioning itself as a key player in the maritime logistics and energy sectors. With a commitment to maintaining high standards for its vessels, the company aims to deliver reliable and timely transportation solutions amidst the dynamic landscape of global oil demand.
![](https://wealthyretirement.com/wp-content/uploads/2024/11/20241106_WR_Nordic-American-Tankers-shipping.jpg)
In each of the past three quarters, the company has paid out $0.12 per share, which comes out to a tasty 15% yield on the stock’s current price.
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![](https://cdn.benzinga.com/files/images/story/2024/05/29/NAT.png?width=1200&height=800&fit=crop)
Nordic American Tankers Q1 net voyage revenue at $60.572M, misses consensus of $76.562M. TCE at $33,570 per day per ship. Declares $0.12 dividend.
Via Benzinga · May 29, 2024
![](https://investorplace.com/wp-content/uploads/2022/05/earnings-season-1600.png)
NAT stock results show that Nordic American Tankers missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
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