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Upturn AI Summary - About
Nordic American Tankers Limited(NAT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NAT
11/13/2026: NAT (5-star) is currently NOT-A-BUY. Pass it for now.
Nordic American Tankers Limited is a pure-play Suezmax tanker company that operates a fleet of crude oil vessels. The company's strengths lie in its standardized fleet and historical focus on operational efficiency within the energy logistics sector. Its primary investment story centers on the cyclical recovery of global oil shipping rates. However, investors must consider the risks of high spot-market volatility, fleet concentration, and unpredictable dividend payouts. This stock is generally better suited for investors comfortable with high volatility and cyclicality, rather than those seeking long-term stability or income growth. Monitoring global oil demand and shipping supply-demand dynamics is critical for evaluating its prospects.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | NAT is a cyclical asset, not a secular growth company. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders often target NAT during spikes in shipping freight rates. |
| Value investor | Mixed fit | The stock often trades at a discount to Net Asset Value (NAV), but cyclical risks are high. |
| Dividend investor | Mixed fit | The dividend is variable and directly tied to the volatile performance of the shipping spot market. |
| Low-risk investor | Weak fit | The high volatility of shipping rates makes this unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Shipping freight rates are notoriously volatile and sensitive to global events. |
| Valuation risk | Medium | The stock price is often disconnected from fundamentals due to speculative trading. |
| Competition risk (freight market competition) | High | The market is global and highly fragmented, with intense pressure on day rates. |
| Business quality | Medium | The company relies on a single vessel class, which limits diversification. |
| Dividend income | High | Dividend payouts are not guaranteed and fluctuate with operational cash flow. |
| Execution risk | Medium | Management must navigate fleet maintenance and regulatory compliance to keep vessels available. |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.42B USD | Price to earnings Ratio 11.39 | 1Y Target Price 8.5 |
Price to earnings Ratio 11.39 | 1Y Target Price 8.5 | ||
Volume (30-day avg) 5.0M shares | Beta -0.51 | 52 Weeks Range 2.98 - 8.88 | Updated Date 11/13/2026 |
52 Weeks Range 2.98 - 8.88 | Updated Date 11/13/2026 | ||
Dividends yield (FY) 16.07% | Basic EPS (TTM) 0.59 |
Sector & Industry Intelligence
Sector
Energy
Caution- Sentiment
- Strong Bearish
- Momentum
- Rapid Breadth Deterioration
- BUY participation
- 10.9%
- Active BUY / eligible
- 6 / 55
- 30-Day BUY Count Change
- -22
- Market state
- Strong Bearish
BUY participation is falling rapidly, suggesting elevated market vulnerability.
Industry
Oil & Gas Midstream
- BUY participation
- 18.2%
- Active BUY / eligible
- 4 / 22
- 30-Day BUY Count Change
- -5
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 111.69% | Avg. Invested days 59 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Voyage Charters | Revenue generated from renting out Suezmax tankers for specific voyages. | NAT makes money when the cost to ship oil goes up due to global demand. |
| Time Charters | Longer-term contracts at fixed daily rates for tanker use. | These provide a baseline of steadier revenue compared to the volatile spot market. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 11.39 | Forward PE 13.97 | Enterprise Value 1.70B | Price to Sales(TTM) 3.83 |
Enterprise Value 1.70B | Price to Sales(TTM) 3.83 | ||
Enterprise Value to Revenue 4.58 | Enterprise Value to EBITDA 10.7 | Shares Outstanding 211.75M | Shares Floating 199.60M |
Shares Outstanding 211.75M | Shares Floating 199.60M | ||
Percent Insiders 5.74 | Percent Institutions 60.42 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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