Nordic American Tankers Limited

  • Avoid This Sinking Ship

    By Aftab malik - August 7, 2013 | Tickers: DSX, DRYS, NAT

    The shipping industry has been struggling since the financial crisis of 2008. The industry is negatively influenced by factors such as low economic performance, consumption and production that drive the demand and supply of goods and raw material. DryShips (NASDAQ: DRYS) was once an industry leader before the sub-prime crisis, but now it is in worse condition than its industry peers. Let’s discuss the main reason behind the failure more »

  • Scorpio Is Bullish on the Tanker Market, But Is it Right?

    By Rupert Hargreaves - June 27, 2013 | Tickers: NAT, STNG, TOO

    Scorpio Tankers (NYSE: STNG), led by shipping veteran Robert Bugee, is looking to become the biggest force in the tanker market after buying much of the global capacity for tanker production for the next few years.

    The company currently owns 15 vessels and operates an additional 25, which are chartered. Scorpio also has 54 new vessels on order and holds about 60% of the worldwide contracts to build LR2 longer more »

  • Is Now the Time to Jump Back Into Tanker Stocks?

    By Rupert Hargreaves - May 22, 2013 | Tickers: NAT, STNG, TOO

    The oil tanker trade is growing at its fastest rate in more than a decade according to Icap Shipping. The number of oil tonne miles, a measure of how much oil is being transported around the world, grew 10% last year among major oil importers.

    However, this good news conflicts with other reports that state the volume of oil traded around the world has remained static as global demand slackens more »

  • Profits in the Shipping Sector: Will the Rising Tide Lift All Boats?

    By James Catlin - May 20, 2013 | Tickers: DSX, FRO, NAT

    The Baltic Dry Index (BDI) is a composite of the Baltic Capesize, Panamax, Handysize and Supramax indices.  It provides a useful snapshot of current pricing for water transportation.  Recently, this index has just bounced off a five-year low.  These prices are unsustainable as they will eventually bankrupt a significant amount of shippers who are unable to profit at these levels.  But this could be a necessary condition for recovery in more »

  • 3 Popular Perennial Losers of the Past 5 Years Explained

    By Michael Carter - May 3, 2013 | Tickers: APOL, NAT, SNE

    In pro sports, there are some teams that every fan knows have no chance of winning a championship or even making the playoffs until something changes dramatically. They are considered perennial losers due to poor ownership, bad business decisions, and just really bad luck. In the stock market, perennial losers also exist in similar fashion. I will discuss three popular perennial losers of the past five years in this article more »

  • Understanding Scorpio Tankers (Part 2)

    By Chris Mascarenhas - March 1, 2013 | Tickers: TRMD, FRO, NAT, STNG

    This is the second of a two-part analysis.  In the first part, I discussed Scorpio Tankers' (NYSE: STNG) start-up as a public company in 2010, then a change of strategy that seems to have had its roots in mid-2011.  Part One can be found here.

    Let me resume the story in December 2012.  At the beginning of the month, Scorpio's newbuild order was six vessels.  But that figure jumped more »

  • Looking Past a Nice Dividend

    By Grant Hosticka - February 25, 2013 | Tickers: AWR, DE, NAT

    I'm going to compare two completely different stocks, Deere & Co (NYSE: DE) and Nordic American Tanker Limited (NYSE: NAT), that I bought about 3 years ago as my first endeavor into the market (Both Dividend Reinvestment Plans (DRIPs)). Deere has done marvelously tripling my investment; Nordic, on the other hand, has gone in the opposite direction with about 2/3 of that investment gone. On the bright side, I more »

  • Understanding Scorpio Tankers (part 1)

    By Chris Mascarenhas - February 22, 2013 | Tickers: TRMD, FRO, NAT, STNG

    Significant portions of this article are from one of my posts on The Motley Fool message boards.

    Among tanker companies, Scorpio Tankers (NYSE: STNG) is a fairly recent publicly traded player, having only started trading publicly about 34 months ago.  I have reviewed a number of tanker or shipping companies in the past, but this represents my first time digging into Scorpio. 

    I hadn't really paid that much attention more »

  • Two Shipping Dividends worth the Risk

    By Joshua Bondy - February 15, 2013 | Tickers: NAT, SB, SFL

    Good investors are like artists: They pick a number of stocks of varying qualities in an attempt to create the perfect portfolio. To that end, Safe Bulkers (NYSE: SB) and Ship Finance International (NYSE: SFL) are two shippers to consider, since they operate with a mix of longer-term contracts that help to defend them from the volatility. Both companies come with their own risks, but the high dividends and effective more »

  • Invest in Shipping With This One Stock

    By Jonathan Yates - February 8, 2013 | Tickers: DRYS, EXPD, FRO, NAT, TNK

    There is much allure to investing now in the shipping sector. 

    It is a basic industry that plays a vital role in global commerce.  Many of the stocks are trading at very low prices due to the impact of The Great Recession.  Some still pay big dividends.  Legendary investors like Wilbur Ross are buying.  But the best stock to profit from the rebound in the shipping sector is with a more »

  • Titanic Returns

    By AnnaLisa Kraft - December 27, 2012 | Tickers: DRYS, NM, NMM, NAT

    Several Christmases ago a family friend and I were talking stocks after the feast and she told me of the fantastic returns she was getting on her portfolio. Then she told me her holdings, almost 20 shipping stocks taking the lion's share. It was as though she had a shipping index ETF. Unfortunately, she hasn't had much reason to boast lately as the shipping stocks have gone south more »

  • Tanker Industry Continues to Look Weak

    By RJ Towner - September 6, 2012 | Tickers: DRYS, FRO, GNK, NAT, TGP

    The tanker business remains challenged, with Nordic American Tankers (NYSE: NAT) issuing a warning about its third quarter results Tuesday. CEO Herbjorn Hansson authored a letter to shareholders, letting investors know that the third quarter will be worse than the second quarter. He noted that he is not sure when the industry tide will turn and that industry fundamentals continue to languish. Hansson also mentioned that the firm has identified more »

  • Avoid These 3 Stocks Drowning In Debt

    By Karen Rogers - September 6, 2012 | Tickers: CAR, BG, NAT

    Taking on debt to finance company operations is fine unless management allows that debt to grow unchecked.  Although in different industries, each of the three companies analyzed below suffer from the same problem: too much debt. 

    Enter Nordic American Tankers (NYSE: NAT), sinking under the weight of an aging fleet, negative cash flow, and unsustainable dividend payments.  Eleven out of Nordic American’s twenty tankers are just about ready for more »

  • 1 Dividend Stock to Buy Now

    By Kyle Farrah - September 4, 2012 | Tickers: DRYS, FRO, NAT, SFL

    Prior to the economic meltdown of 2008 manufactures of sea-transportation vessels produced far more ships than were needed at the time. A massive glut in the market had formed. Then when the economy began its downward spiral, demand for ships and sea vessels became greatly diminished, and the companies that operated and owned these vessels began a downward descent. Some shipping companies were forced to file for bankruptcy, while others more »

  • When Slashing a Dividend is the Right Move

    By Maxxwell A.R. Chatsko - May 14, 2012 | Tickers: FRO, VLCCF, NAT, TK | Editor's Choice

    There is more to income investing than chasing high yields. For instance, does a company have a steady history of paying its dividend? Is the dividend sustainable with future earnings potential? These questions and others need to be answered before jumping into any investment because, let’s face it, no one wants to wake up to the unexpected slashing of a dividend.

    However, there are times when dividend slashing is more »

  • 5 Picks From Jim Cramer's "Mad Money"

    By Christopher French - February 6, 2012 | Tickers: KEX, KOG, LULU, MON, NAT

    Stock market specialist Jim Cramer recommended that you buy these five stocks one month ago on his January 12th episode of Mad Money.  In this article, I analyze his picks on a relative value basis and analyze each stock's performance since Mr. Cramer's recommendation. 

    Kirby (NYSE: KEX)When Jim Cramer recommended this stock a month ago it was at $66.63 per share and today it's at more »