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Nordic American Tanker - $NAT STOCK NEWS

Welcome to our dedicated page for Nordic American Tanker news (Ticker: $NAT), a resource for investors and traders seeking the latest updates and insights on Nordic American Tanker stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nordic American Tanker's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nordic American Tanker's position in the market.

Rhea-AI Summary
Nordic American Tankers Limited (NYSE:NAT) - Record Turnout at Annual General Meeting Signals Positive Market Prospects. Herbjorn Hansson, Founder, Chairman & CEO, reports a successful Meeting in Monaco, with all resolutions approved. Key points include the election of new Directors and the appointment of KPMG as independent auditors. The company expresses confidence in the market's strength and positive outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
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none
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Rhea-AI Summary
Suezmax Shipping Company XYZ: Recent Spot Fixtures and Market Levels
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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none
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Rhea-AI Summary
Nordic American Tankers (NAT) announces recent fixtures with major oil companies ranging from $40,000 to $70,000 per day. Operating costs are $9,000 per day per ship. The company aims to maximize dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.78%
Tags
dividends
Rhea-AI Summary
Nordic American Tankers announces purchase agreement for suezmax tanker
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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none
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Rhea-AI Summary
The Annual General Meeting (AGM) for Nordic American Tankers Limited (NAT) has been scheduled for November 16, 2023, with a record date of September 25, 2023. The Notice of the Meeting and the Proxy Statement will be available with the SEC on October 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.37%
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none
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Rhea-AI Summary
The market is good for our ships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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none
Rhea-AI Summary
Herbjorn Hansson, Founder, Chairman & CEO of Nordic American Tankers Ltd, personally and a company owned by him bought 50,000 shares in NAT at $4.08 per share, increasing his holding to 4,250,659 shares. His son, Alexander Hansson, a Board member in NAT, owns 2,150,000 NAT shares. The Hansson family remains the largest private shareholder group in the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.78%
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none
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Rhea-AI Summary
Herbjorn Hansson, founder and CEO of Nordic American Tankers Ltd., has bought 50,000 shares in NAT at $4.08 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.78%
Tags
none
-
Rhea-AI Summary
NAT's net income for H1 2023 is $100 million higher than last year. Dividend for Q2 2023 increased to $0.13 per share. TCE for spot vessels in Q2 2023 was $43,200 per day per ship, compared to $20,080 last year. Bookings for Q3 2023 indicate a historically strong quarter. NAT has low debt levels. NAT aims to become debt-free. NAT's fleet offers flexibility and emission reduction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
Tags
none
Rhea-AI Summary
Nordic American Tankers Ltd. will release its first half 2023 earnings report on August 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
Nordic American Tanker

NYSE:NAT

NAT Rankings

NAT Stock Data

835.19M
202.42M
3.02%
45.67%
3.95%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
27 Reid Street

About NAT

Nordic American Tankers Limited is an international tanker company. It owns and operates Suezmax crude oil tankers.