Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2026 – The direction of NAT is unquestionably upwards – rates & values are up
Nordic American Tankers reported Q2 net income of $68.3 million, up from $46.3 million in the prior quarter, driven by Time Charter Equivalent rates surging to $63,000 per day. The company declared a Q2 dividend of $0.27 per share, an increase from $0.22, marking the 116th consecutive quarterly cash dividend.
Key figures
- Dividend
- 0.27
- Tce q1
- 47600
- Tce q2
- 63000
- Cash balance
- 175000000
- Vessel count
- 17
- Net result q1
- 46300000
- Net result q2
- 68300000
- Ships on order
- 2
- Ship sale price
- 26000000
- Tce q3 booked avg
- 54000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.