Nordic American Tankers Limited

NYSE:NAT Stock Report

Market Cap: US$515.7m

Nordic American Tankers Management

Management criteria checks 2/4

Nordic American Tankers' CEO is Herbjorn Hansson, appointed in Jul 1995, has a tenure of 29.42 years. directly owns 2.04% of the company’s shares, worth $10.51M. The average tenure of the management team and the board of directors is 11.5 years and 9.8 years respectively.

Key information

Herbjorn Hansson

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure29.4yrs
CEO ownership2.0%
Management average tenure11.5yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

Nordic American Tankers: Limited Downside Protection To Weaknesses In The Suezmax Market

Dec 10

Nordic American Tankers: When Double-Digit Dividend Yields Are Not Enough (Rating Downgrade)

Sep 13

Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold

Sep 02

Nordic American: No Catalysts To Get Constructive

Aug 11

These 4 Measures Indicate That Nordic American Tankers (NYSE:NAT) Is Using Debt Extensively

Jul 29
These 4 Measures Indicate That Nordic American Tankers (NYSE:NAT) Is Using Debt Extensively

Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio

May 30
Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio

Nordic American Tankers: Bet On A Strong Suezmax Market For Dividend Seekers

Mar 28

Unpleasant Surprises Could Be In Store For Nordic American Tankers Limited's (NYSE:NAT) Shares

Feb 24
Unpleasant Surprises Could Be In Store For Nordic American Tankers Limited's (NYSE:NAT) Shares

Nordic American Tankers: Suezmax Pure Play For Income-Minded Investors

Feb 08

Nordic American Tankers - Prime Beneficiary Of Red Sea Chaos - Buy

Jan 02

A Look At The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)

Dec 16
A Look At The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)

Nordic American: Risk And Reward More Balanced; Downgrade To Hold

Dec 04

Nordic American Tankers (NYSE:NAT) Has A Pretty Healthy Balance Sheet

Oct 26
Nordic American Tankers (NYSE:NAT) Has A Pretty Healthy Balance Sheet

Nordic American Tankers: Seasonality Likely To Result In Lower Q3 Dividend - Hold

Sep 18

Insight Into Nordic American Tankers Q2-2023 Upcoming Earnings

Jul 31

Does Nordic American Tankers (NYSE:NAT) Have A Healthy Balance Sheet?

Jul 25
Does Nordic American Tankers (NYSE:NAT) Have A Healthy Balance Sheet?

The Price Is Right For Nordic American Tankers Limited (NYSE:NAT)

Apr 18
The Price Is Right For Nordic American Tankers Limited (NYSE:NAT)

There's Been No Shortage Of Growth Recently For Nordic American Tankers' (NYSE:NAT) Returns On Capital

Mar 24
There's Been No Shortage Of Growth Recently For Nordic American Tankers' (NYSE:NAT) Returns On Capital

Is Nordic American Tankers (NYSE:NAT) A Risky Investment?

Mar 06
Is Nordic American Tankers (NYSE:NAT) A Risky Investment?

Nordic American Tankers Q4 2022 Earnings Preview

Feb 24

Nordic American Tankers: A Perfect Market To Dispose Of Old Vessels At Massive Gains

Feb 03

Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic

Dec 03
Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic

Nordic American Tankers (NYSE:NAT) Is Increasing Its Dividend To $0.05

Nov 13
Nordic American Tankers (NYSE:NAT) Is Increasing Its Dividend To $0.05

Nordic American Tankers boosts dividend by ~67% to $0.05/share

Nov 10

Nordic American Tankers goes ex-dividend tomorrow

Sep 13

Nordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last Year

Sep 02
Nordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last Year

Here's Why Nordic American Tankers (NYSE:NAT) Can Afford Some Debt

Aug 31
Here's Why Nordic American Tankers (NYSE:NAT) Can Afford Some Debt

Nordic American Tankers GAAP EPS of -$0.02 beats by $0.02, revenue of $34.75M beats by $4.57M

Aug 30

Nordic American Tankers: Tanker Markets Heating Up

Jul 20

Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels

Jun 29

Nordic American Tankers: 'F' Earnings Rating

May 19

CEO

Herbjorn Hansson (76 yo)

29.4yrs

Tenure

Mr. Herbjorn Hansson is a Director at The Shipowners Insurance and Guaranty Company Ltd. He is the Founder of Nordic American Tankers Limited (formerly Nordic American Tanker Shipping Ltd.) and has been it...

Leadership Team

NamePositionTenureCompensationOwnership
Herbjorn Hansson
Founder29.4yrsno data2.04%
$ 10.5m
Bjorn Giaever
Executive VP7.2yrsno datano data
Jan Halvard Møller
Head of Investor Relations and Financial Manager11.5yrsno datano data
Erik Tomstad
Executive Vice President of Charteringno datano datano data

11.5yrs

Average Tenure

57yo

Average Age

Experienced Management: NAT's management team is seasoned and experienced (11.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Herbjorn Hansson
Founder29.4yrsno data2.04%
$ 10.5m
James Kelly
Non-Executive Director14.5yrsno datano data
Alexander Hansson
Non-Executive Vice Chairman5.1yrsno data1.27%
$ 6.5m
Jenny Chu
Independent Non-Executive Director2.7yrsno datano data

9.8yrs

Average Tenure

70.5yo

Average Age

Experienced Board: NAT's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 07:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nordic American Tankers Limited is covered by 27 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anders RosenlundABG Sundal Collier
Glenn LoddenABN AMRO Bank N.V.
Liam BurkeB. Riley Securities, Inc.