Nordic American Tankers: Seems I Was Spot-On Being Bullish Last Year

Nordic American Tankers remains a Strong Buy as Suezmax spot rates and earnings momentum continue to surge, with shares up over 80% since November 2025. NAT's fleet is 90% booked at $68,000/day in Q2 2026, with OPEX below $10,000/day, driving exceptional EBIT margins and robust dividend potential. Management's aggressive insider buying underscores confidence, and the forward yield remains above 13%, with potential for FY2026 dividends to reach 19.1% of market cap. Key risks include spot rate volatility and geopolitical shifts, but tight oil markets and high payout ratios support the bullish outlook for NAT.

Both this and last year, I’ve been pretty consistent at writing about maritime transport companies. For the readers who have followed my advice they’ll