+ Watch NAT
on My Watchlist
The Company was formed for the purpose of acquiring and chartering three Suezmax tankers.
Dividend yield is ridiculous at the moment, 74 consecutive quarters of dividend and the market is clearly pricing in a significant cut in dividends which I don't think will materialise having looked at the cash flow generation. This is a good company with high insider ownership, I like very much just now in the current environment. Looks like a solid long term buying opportunity
Low price oil will lead to increased stockpiling by nations with strategic vision. Supply of tanker capacity will not outstrip demand. Dividends will remain high. Stock will look attractive compared to other investments. Current price is depressed for reasons having nothing to do with intrinsic value of business enterprise.
Oil will come to or leave the U.S. now and it has to get there somehow. And when it's not, it needs to sit 'til a better price.
So here we go again down the NAT sea, probably going to screw me over again, but oh well
Target $13 - $11
The Saudi's punishing the US for the Iran nuclear deal just as they did when we supported Israel in their conflict. They are aware of the long term implications of the shale oil economies that will keep the US as the worlds largest oil supplier and will attempt to reprice new energy. The Saudi's recently had to borrow 4bil due to the pricing issue. Storage/shipping will stay at a premium as long as the Saudi's oil money can impact our economy.
recent surge in global oil supply and price declines results in storage capacity constraints and hence should result in higher utilization of tankers to store crude temporarily in hopes of higher prices. Daily rates for tankers have gone way up in recent quarters and are projected to continue hold at the high end in the near term
Only one way to get oil around the world!
Tankers stocks are going up because the market is in contango and a lot of people are holding onto physical oil investments in tankers until prices go back up. Choosing to green light NAT over FRO because of FRO's historical crashes
NAT declaires 2015 Otr Dividend of almost 40% increase. Good news as Shipping rates seem to be increasing
While this is an energy dependant stock. The demand for Oil Tankers will contiinue to rise as long as the current sitting President is in office. After the next elections I think we will see an inward look at developing our own Oil & Gas within the US.
NAT saw tanker rates rise from $14,100 (Q4 2013) to $26,300 (Q1 2014), which is also up from $12,466 (Q1 2013). If this trend continues NAT will be able to boost its already huge 9.8% dividend, which management has stated that it will do if it is able to. NAT is all about the spot prices of tankers, which means the good times are good but the bad times are terrible. Tanking rates have been on the decline since 2010, but if rates have bottomed out and are on the rise, good times and great returns will ensue.
Extreme oversold TOS - bullish chart
In 1 word, OILStock is cheap, half that of GNTX & has higher Dividend.Plus, "Mad Money" says it is a TOP Stock to have.
A play on the chinese economy growth will procide businees for NAT once again.
chart looks good
It is using common sense to keep its fleet in line and prepare for an upswing in the tanker market.
Speculative pick in the Oil Tanker business which is presently in the tank. But this company has no debt and the staying power to hang in until day rates improve.
This stock is rated a buy.
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