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Nordic American Tanker Ltd (NAT.N)

NAT.N on New York Stock Exchange

2.13USD
18 May 2018
Change (% chg)

$-0.08 (-3.62%)
Prev Close
$2.21
Open
$2.24
Day's High
$2.30
Day's Low
$2.13
Volume
414,958
Avg. Vol
301,395
52-wk High
$7.20
52-wk Low
$1.82

Latest Key Developments (Source: Significant Developments)

Nordic American Tankers Says Is Launching A Recapitalization Program With Nat Equity Offering As One Component
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Nordic American Tanker Ltd ::NORDIC AMERICAN TANKERS LIMITED (NYSE:NAT) IS LAUNCHING A RECAPITALIZATION PROGRAM WITH NAT EQUITY OFFERING AS ONE COMPONENT.NORDIC AMERICAN TANKER LTD - ‍COMPANY AGREED TO SELL 40 MILLION COMMON SHARES AT A PUBLIC OFFERING PRICE OF $2.75 PER SHARE​.NORDIC AMERICAN TANKER LTD - NAT RECAPITALIZATION PROGRAM HAS BEEN UPSIZED TO $110 MILLION.  Full Article

Nordic American Tankers Ltd Announces Public Offering As Part Of Recapitalization
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Nordic American Tanker Ltd ::NORDIC AMERICAN TANKERS LIMITED (NYSE:NAT) ANNOUNCES PUBLIC OFFERING AS PART OF A RECAPITALIZATION OF NAT.NORDIC AMERICAN TANKER LTD - UNDERWRITTEN PUBLIC OFFERING OF $100 MILLION OF SHARES PURSUANT TO COMPANY'S EFFECTIVE SHELF REGISTRATION STATEMENT.  Full Article

Nordic American Tanker reports Q3 ‍adjusted net operating loss (EBIDTA) of $0.7 mln
Saturday, 4 Nov 2017 

Nov 3 (Reuters) - Nordic American Tanker Ltd -:Nordic American Tanker Ltd says ‍adjusted net operating loss was $0.7 million (ebitda) for 3q2017​.Nordic American Tanker Ltd says ‍is scheduled to take delivery of its three Suezmax newbuilds in June, August and October of 2018​.  Full Article

Nordic American Tanker ‍signed terms with financial institution for financing of outstanding commitments for 3 Suezmax newbuildings​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Nordic American Tanker Ltd :Nordic American Tanker - ‍signed terms with financial institution for financing of outstanding commitments, due on delivery, for 3 Suezmax newbuildings​.Nordic American Tanker - expect agreement to be fully executed about mid-November at which time full financing of newbuildings will be completed.  Full Article

Nordic American Tankers announces pricing of public offering
Tuesday, 27 Sep 2016 

Nordic American Tanker Ltd : Nordic American Tankers Limited (NYSE:NAT) announces pricing of public offering .Says offering of 11.0 million common shares priced at $10.00per share.  Full Article

Nordic American Tanker Q2 earnings per share $0.15
Monday, 8 Aug 2016 

Nordic American Tanker Ltd : Q2 earnings per share $0.15 .Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.  Full Article

Nordic American Tanker reports Q2 earnings per share $0.36
Thursday, 4 Aug 2016 

Nordic American Tanker Ltd : Q2 earnings per share $0.36 .Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.  Full Article

Nordic American Tanker Ltd says enters 30 month contract with Exxonmobil subsidiary
Thursday, 16 Jun 2016 

Nordic American Tanker Ltd : Entered into a 30 months charter contract with a subsidiary of Exxonmobil for one of Nat Suezmaxes . Firm period is 18 months with an option of further 12 months .Gross revenue from contract of 30 months is about $25 million.  Full Article

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Hedge funds hook shipping stocks grappling for recovery

LONDON Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry.