NORDIC AMERICAN TANKERS Ltd
NORDIC AMERICAN TANKERS Ltd (NAT) is listed on NYSE and classified in Oil & Gas Midstream, part of the Energy sector. It is headquartered in Hamilton, Bermuda and has 18 employees. The company is worth $1.6B and trades at 12.8x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $291.69M in fiscal 2025, down 16.6% from the year before. Net income was $12.27M. The share price is 15.1% below its 52-week high of $8.88. It pays a dividend yielding 14.32%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $12.49M. In that quarter, 1 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +286.9% over 5Y.
today you would have $5,084.24▲ +408.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $3.44 | $2.50 | $4.20 | $3.06 | $1.69 | $2.95 | $4.92 | $2.00 | $2.46 | $8.33 | $15.42 | $9.99 | $9.49 | $8.56 | $11.73 | $25.46 | $29.35 | $33.02 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 14.3% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 11.4 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 9.0% required return, from the stock’s beta.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| KOSKosmos Energy Ltd. | $2.70 | — | 2.3x | 0.00% | -62.95% | $1.61B |
| GFRGreenfire Resources Ltd. | $6.57 | — | 1.0x | 0.00% | -3.63% | $1.58B |
| NEXTNextDecade Corp | $5.91 | — | — | 0.00% | -15.76% | $1.57B |
| TENTsakos Energy Navigation Ltd | $51.65 |
| P/E | 11.4x | 57.3x | 11.4x | 8.9x | 43.7x | — | 8.7x | — | — | — | — | 12.0x | — | — | — | — | — | 1000.0x | 9.3x |
| P/S | 1.8x | 2.5x | 1.5x | 2.2x | 1.9x | 1.6x | 1.3x | 2.3x | 1.0x | 1.2x | 2.4x | — | — | — | — | — | — | — | — |
| P/B | 1.0x | 1.6x | 1.0x | 1.6x | 1.2x | 0.6x | 0.7x | 1.2x | 0.5x | 0.5x | 1.0x | 1.6x | 1.0x | 0.8x | 0.6x | 0.6x | 1.2x | 1.4x | 1.4x |
| EPS | $0.06 | $0.22 | $0.47 | $0.07 | -$1.05 | $0.34 | -$0.07 | -$0.67 | -$1.97 | -$0.05 | $1.29 | -$0.15 | -$1.63 | -$1.38 | -$1.50 | -$0.02 | $0.03 | $3.54 |
| Dividend yield | 8.36% | 3.78% | 16.00% | 11.67% | 3.59% | 4.14% | 15.25% | 2.03% | 3.50% | 21.42% | 16.31% | 8.88% | 6.01% | 6.60% | 13.71% | 9.59% | 6.53% | 7.83% | 14.49% |
| Payout | 146.11% | 216.67% | 181.82% | 104.26% | 157.14% | — | 132.35% | — | — | — | — | 106.13% | — | — | — | — | — | 7833.33% | 135.08% |
| Profit margin | 1.48% | 4.21% | 13.34% | 25.20% | 4.45% | -89.67% | 14.11% | -3.26% | -32.98% | -68.98% | -1.25% | — | — | — | — | — | — | — | — |
| ROE | -0.30% | 2.75% | 9.17% | 18.34% | 2.80% | -34.39% | 8.35% | -1.74% | -15.83% | -28.83% | -0.51% | 13.02% | -1.48% | -12.33% | -9.04% | -8.33% | -0.08% | 0.11% | 15.07% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-51.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 5.2x |
| 0.8x |
| 3.87% |
| 17.22% |
| $1.56B |
| PBTPermian Basin Royalty Trust | $33.14 | 94.7x | 11046.7x | 0.72% | 9976.58% | $1.54B |
| GLPGlobal Partners LP | $49.71 | 10.1x | 2.5x | 6.28% | 27.21% | $1.68B |