Why Nordic American Tankers' Shares Popped 12.7% Today [The Motley Fool]
Nordic American Tankers Limited (NAT)
Last nordic american tankers limited earnings: 2/18 06:51 am
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Source: The Motley Fool
Why Nordic American Tankers' Shares Popped 12.7% Today Travis Hoium ( TMFFlushDraw Jun , 09 at :8PM What happened Shares of Nordic American Tankers Ltd NYSE:NAT So what Two oil tankers were attacked in the Gulf of Oman, near the Strait of Hormuz, where one-third of the world's shipped oil travels. The attack sent oil prices higher, climbing more than % near the end of trading. Image source: Getty Images. The attack sent investors in a mission to find companies that may benefit from rising oil prices or changes in energy markets. That's what sent shares higher today, not any fundamental change in the business. Now what It's not at all clear that revenue or earnings for companies like Nordic American Tanker will rise because of this incident. I would pay more attention to the company's current net losses and the weak net margins currently being generated
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News
- Retail investors account for 55% of Nordic American Tankers Limited's (NYSE:NAT) ownership, while institutions account for 41% [Yahoo! Finance]Yahoo! Finance
- Nordic American Tankers Limited (NYSE: NAT) had its price target lowered by analysts at Jefferies Financial Group Inc. from $4.00 to $3.50. They now have a "hold" rating on the stock.MarketBeat
- Nordic American Tankers Limited (NYSE: NAT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Nordic American Tankers Limited (NYSE: NAT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NATGlobeNewswire
NAT
Earnings
- 8/30/24 - Beat
NAT
Sec Filings
- 10/31/24 - Form SC
- 9/30/24 - Form 6-K
- 9/23/24 - Form 6-K
- NAT's page on the SEC website