The share price of Nordic American Tankers Limited (NYSE:NAT) fell by 6.95% between December 3 and December 10, 2025, putting it among the Energy Stocks that Lost the Most This Week.
Nordic American Tankers Limited is a Bermuda-based international tanker company that specializes in operating Suezmax crude oil tankers.
Nordic American Tankers Limited announced its Q3 results on November 28, with the company reporting a net loss of $2.8 million, down from a loss of $0.85 million in the second quarter, as margins remained under pressure. The total earnings for the first nine months of FY 2025 were $0.61 million, compared with $45.35 million last year. Net voyage revenue also decreased by 12% YoY to $45.7 million.
That said, Nordic American Tankers Limited reported an adjusted EBITDA of $21.4 million for the third quarter, up by over 35% sequentially. Moreover, the company remains focused on fleet expansion and signed a preliminary agreement with a South Korean shipyard to construct two new Suezmax tankers to be delivered in the second half of 2028.
Nordic American Tankers Limited also announced a quarterly dividend of $0.13 per share, up by almost 86% from its previous payout of $0.07, and marking the 113th consecutive quarterly dividend from the company.
Despite the recent downturn, the share price of Nordic American Tankers Limited has surged by over 36% since the beginning of 2025.
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