Nordic American Tankers Limited Aktie News

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Brent oil price has touched $90, which has caused escalating geopolitical tensions in the Middle East. Of course, it's not the only factor for oil trending higher.

Thursday, April 4, 2024   Dear Shareholders and Investors,   Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 75,000 shares in NAT at $4.0162 per share for a total sum of $301,215. Following these transactions, Monaco based Alexander Hansson privately owns 2,650,000 shares in NAT.

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The crude tanker market remains strong due to limited supply and growing tonne-mile demand for crude oil transportation. FY23 NAT realized $262 million net voyage revenue, $127 million net operating income, and $98.7 million net income. The impressive results are due to improved TCE rates and stable OPEX. NAT has a 56% total debt-to-equity ratio and 38.8% total liabilities to total assets. The ...

Crude oil recently hit a four-month high, with the International Energy Agency expecting a supply deficit through 2024. That view is based on the premise that OPEC maintains production cuts.

Tuesday, March 12, 2024   Dear Shareholders and Investors,   Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 75,000 shares in NAT at $4,031 per share for a total sum of $302,325. Following these transactions, Monaco based Alexander Hansson privately owns 2,575,000 shares in NAT.