Thursday, June 10, 2021 Dear Shareholders and Investors, Nordic American Tankers Limited today announced that its Board of Directors has scheduled the 2021 AGM to be held on July 19, 2021 at 10:00
In this article, we will take a look at the 10 best shipping stocks that pay dividends. You can skip our detailed discussion on the merits of dividend.
Want a Diversified Portfolio of Energy Names? Look Outside the U.S. Exchanges But you ll be dealing with exchange rates, local elections, and all manner of other externalities.
May 28, 2021 | 01:00 PM EDT
As Exxon Mobil (XOM) shares slide again today, albeit only fractionally, one has to wonder what activist hedge fund Engine No. 1 thinks it has accomplished. The value of its massive 0.02% stake in XOM has declined since it won election of two of its slate of candidates to Exxon s 12-member Board. One Engine No. 1 candidate lost and the third seat is still apparently too close to call. With self-styled activist Jeff Ubben already on Exxon s board, that means that, at most, the woke contingent on Exxon s Board of Directors is four out of 12 seats. My guess is that it actually ends up being 3 out of 12 when the proxy solicitation firm is finished reporting results next week.
Nordic American Tankers: Q1 Earnings Snapshot
May 27, 2021
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HAMILTON, Bermuda (AP) Nordic American Tankers Ltd. (NAT) on Wednesday reported a first-quarter loss of $25 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 16 cents.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 16 cents per share.
The tanker company posted revenue of $18.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $20.5 million.
The company s shares closed at $3.54. A year ago, they were trading at $4.76.