Nordic American Tankers Limited (NAT)

Energy · Oil & Gas Midstream
$8.47 -1.28% on the day Market cap $1.8B 52-week range $3.10 to $8.71 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Nordic American Tankers Limited's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from NAT's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation3
Profitability5
Growth0
Financial health7

Results from SEC filings

Fiscal years, from Nordic American Tankers Limited's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$191M$339M$392M$350M$292M
Net income-$171M$15M$99M$47M$12M
Free cash flow—————
EPS (diluted)-$1.05$0.07$0.47$0.22$0.06
Operating margin-75.6%12.3%32.7%22.1%15.9%

Where the revenue comes from

Revenue by products, fiscal 2025. Every breakdown, year by year.

Spot Charter$212M73%
Time Charter$80M27%

Superinvestors who own NAT

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held NAT in their latest 13F.

Insider buying

Open-market purchases by Nordic American Tankers Limited's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of NAT in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Nordic American Tankers Limited insiders buying the stock?

No open-market insider purchases of NAT in the last 12 months, according to SEC Form 4 filings.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.