Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
NAT
BUYNordic American Tankers Limited · Energy · Bermuda · $1.4B · Avg Vol: $20M/d
COMPANY DESCRIPTION
Nordic American Tankers Limited is an international shipping company that operates a large, standardized fleet of Suezmax crude oil tankers. The company's competitive moat lies in its pure-play focus on the Suezmax asset class, which provides high operational flexibility and cost efficiencies in crew training, maintenance, and chartering. NAT is characterized by its conservative capital structure and a commitment to returning free cash flow to shareholders through a consistent, long-standing dividend policy.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 339.3M | 391.7M | 349.7M | 291.7M | -4.9% | 332.0M | 482.3M | 415.4M | 19.3% |
| EPS | -0.73 | 0.07 | 0.47 | 0.22 | 0.06 | -5.0% | 0.26 | — | — | — |
| Shares | — | 208.8M | 208.8M | 211.8M | 211.8M | +1.4% | — | — | — | — |
| Debt | — | 306.6M | 301.6M | 269.7M | 424.1M | 11.4% | 415.4M | — | — | — |
| Equity | — | 540.0M | 538.3M | 508.8M | 445.5M | -6.2% | — | — | — | — |
| Op CF | — | 24.1M | 139.4M | 128.2M | 19.8M | -6.3% | 50.4M | — | — | — |
| Inv CF | — | -14.3M | -73.7M | -2.6M | -87.7M | — | — | — | — | — |
| Fin CF | — | 9.0M | -95.7M | -115.1M | 69.0M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of NAT are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| NAT | Nordic American Tankers Limited(you) | $1.4B | 67 | BUY |
| FLNG | FLEX LNG Ltd. | $1.7B | 46 | HOLD |
| TK | Teekay Corporation Ltd. | $975M | 92 | STRONG BUY |
| DHT | DHT Holdings, Inc. | $3.0B | 97 | STRONG BUY |
| TNK | Teekay Tankers Ltd. | $2.6B | 100 | STRONG BUY |
| GLNG | Golar LNG Limited | $4.9B | 29 | SELL |
| BWE.OL | BW Energy Limited | $1.3B | 75 | BUY |
| BWO.OL | BW Offshore Limited | $811M | 60 | HOLD |
| NBR | Nabors Industries Ltd. | $1.2B | 85 | STRONG BUY |
| BORR.OL | BORR DRILLING LIMITED | $1.3B | 45 | HOLD |
Peer medians: ROE 10.6% · P/E 8.1x · Gross margin 50.4%