Nordic American Tankers Limited

Nordic American Tankers Limitedverified

NAT

Price:

$3.6

Market Cap:

$751.67M

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.[Read more]

Industry

Marine Shipping

IPO Date

1997-09-30

Stock Exchange

NYSE

Ticker

NAT

The Enterprise Value as of September 2024 (TTM) for Nordic American Tankers Limited (NAT) is 995.32M

According to Nordic American Tankers Limited’s latest financial reports and current stock price. The company's current Enterprise Value is 995.32M. This represents a change of -5.72% compared to the average of 1.06B of the last 4 quarters.

Nordic American Tankers Limited (NAT) Historical Enterprise Value (quarterly & annually)

How has NAT Enterprise Value performed in the past?

The mean historical Enterprise Value of Nordic American Tankers Limited over the last ten years is 943.55M. The current 995.32M Enterprise Value has changed 10.45% with respect to the historical average. Over the past ten years (40 quarters), NAT's Enterprise Value was at its highest in in the December 2015 quarter at 1.69B. The Enterprise Value was at its lowest in in the December 2021 quarter at 587.59M.

Quarterly (TTM)
Annual

Average

943.55M

Median

936.96M

Minimum

560.93M

Maximum

1.69B

Nordic American Tankers Limited (NAT) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Nordic American Tankers Limited Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 67.05%

Maximum Annual Enterprise Value = 1.69B

Minimum Annual Increase = -46.15%

Minimum Annual Enterprise Value = 560.93M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20231.15B32.44%
2022864.67M54.15%
2021560.93M-24.12%
2020739.28M-29.76%
20191.05B56.82%
2018671.10M12.35%
2017597.35M-46.15%
20161.11B-34.21%
20151.69B67.05%
20141.01B25.20%

Nordic American Tankers Limited (NAT) Average Enterprise Value

How has NAT Enterprise Value performed in the past?

The current Enterprise Value of Nordic American Tankers Limited (NAT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

856.93M

5-year avg

872.50M

10-year avg

943.55M

Nordic American Tankers Limited (NAT) Enterprise Value vs. Peers

How is NAT’s Enterprise Value compared to its peers?

Nordic American Tankers Limited’s Enterprise Value is greater than Genco Shipping & Trading Limited (768.16M), less than Golden Ocean Group Limited (3.60B), less than Eagle Bulk Shipping Inc. (1.07B), less than Star Bulk Carriers Corp. (3.50B), greater than OceanPal Inc. (4.37K), greater than Navios Maritime Holdings Inc. (676.95M), less than Danaos Corporation (1.69B), less than Costamare Inc. (3.19B), less than Global Ship Lease, Inc. (1.30B), greater than Euroseas Ltd. (436.55M), greater than Diana Shipping Inc. (771.39M),

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