Evercore ISI upgraded Nordic American Tanker from Underperform to In-line
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2024 | $4.00 | Buy → Hold | Jefferies |
| 9/6/2022 | $3.00 → $4.00 | Hold → Buy | Jefferies |
| 7/21/2022 | $3.00 | Hold | Jefferies |
| 4/27/2022 | $2.00 → $2.50 | Hold | Jefferies |
| 11/26/2021 | $2.75 → $2.25 | Hold | Jefferies |
| 11/24/2021 | $2.75 → $2.25 | Hold | Jefferies |
| 8/31/2021 | $6.00 → $5.00 | Buy | B. Riley Securities |
REPEAT Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.As a first step, last week we agreed to sell one of our suezmaxes, built in 2003, which will net our company USD 22.5 million and thus strengthen our balance sheet. The buyer will take over the vessel in Q1 2025.We are helped in this major project by our two longtime financing partners, Beal Bank based in Dallas, and Ocean Yield, whose parent company is based in New York.As always, our financing is driven by our main goals of prioritizing dividends and retaining a sturdy balance sheet. Since NAT became st
Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three. As a first step, last week we agreed to sell one of our suezmaxes, built in 2003, which will net our company USD 22.5 million and thus strengthen our balance sheet. The buyer will take over the vessel in Q1 2025. We are helped in this major project by our two longtime financing partners, Beal Bank bases in Dallas, and Ocean Yield, whose parent company is based in New York. As always, our financing is driven by our main goals of prioritizing dividends and retaining a sturdy balance sheet. Since NAT became sto
Wednesday, January 22, 2025 Dear Shareholders and Investors, In the recent past, NAT has carried through several transactions, reflecting a very active period. NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, we have also sold a 2003-built vessel to a UK based owner. This sale which is expected to close in the second half of February, will produce a cash injection of USD 22.5 million. NAT is in a very solid position and the transactions above reflect our financial flexibility. Going forward, we see expansion on the horizon. We wish to assure shareholders that dividend always will be a priority.
6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
SC 13G - NORDIC AMERICAN TANKERS Ltd (0001000177) (Subject)
SC 13G/A - NORDIC AMERICAN TANKERS Ltd (0001000177) (Subject)
Monday, November 25, 2024 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") Thursday, November 21, 2024 in Monaco.A quorum was present, and the following resolutions were approved and adopted at the Meeting: Election of Founder, Chairman & CEO Herbjorn Hansson to serve as Director & Chairman of the BoardElection of Alexander Hansson to serve as Director of the BoardElection of Jenny Chu to serve as Director of the BoardApproval of the appointment of KPMG as the Company's independent auditors. The board has the authority to replenish a vacant position, to ensure that the NAT Board always consist
Thursday, November 16, 2023 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") today, on November 16, 2023 in Monaco. We experienced a record turnout this year and all resolutions were approved and adopted at the Meeting: Election of Herbjorn Hansson, Jim Kelly, Alexander Hansson and Jenny Chu to serve as Directors of the Board.Approval of the appointment of KPMG as the Company's independent auditors. We are in
Thursday, November 17, 2022 Dear Shareholders and Investors, Nordic American Tankers Limited (the "Company") (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") on November 17, 2022 in Monaco. The following resolutions were approved and adopted at the Meeting: Election of Herbjorn Hansson, Jim Kelly, Alexander Hansson and Jenny Chu to serve as Directors of the Board.Approval of the appointment of KMPG as the Company's independent auditors. Sincerely, Herbjorn HanssonFounder, Chai
REPEAT Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.As a first step, last week we agreed to sell one of our suezmaxes, built in 2003, which will net our company USD 22.5 million and thus strengthen our balance sheet. The buyer will take over the vessel in Q1 2025.We are helped in this major project by our two longtime financing partners, Beal Bank based in Dallas, and Ocean Yield, whose parent company is based in New York.As always, our financing is driven by our main goals of prioritizing dividends and retaining a sturdy balance sheet. Since NAT became st
Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three. As a first step, last week we agreed to sell one of our suezmaxes, built in 2003, which will net our company USD 22.5 million and thus strengthen our balance sheet. The buyer will take over the vessel in Q1 2025. We are helped in this major project by our two longtime financing partners, Beal Bank bases in Dallas, and Ocean Yield, whose parent company is based in New York. As always, our financing is driven by our main goals of prioritizing dividends and retaining a sturdy balance sheet. Since NAT became sto
Wednesday, January 22, 2025 Dear Shareholders and Investors, In the recent past, NAT has carried through several transactions, reflecting a very active period. NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner. Furthermore, we have also sold a 2003-built vessel to a UK based owner. This sale which is expected to close in the second half of February, will produce a cash injection of USD 22.5 million. NAT is in a very solid position and the transactions above reflect our financial flexibility. Going forward, we see expansion on the horizon. We wish to assure shareholders that dividend always will be a priority.
Jefferies downgraded Nordic American Tanker from Buy to Hold and set a new price target of $4.00
Jefferies upgraded Nordic American Tanker from Hold to Buy and set a new price target of $4.00 from $3.00 previously
Jefferies initiated coverage of Nordic American Tanker with a rating of Hold and set a new price target of $3.00