Nordic American Tanker (NAT) Posts Q2 Loss of 19c/Share

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Go back to Nordic American Tanker (NAT) Posts Q2 Loss of 19c/Share

Nordic American Tankers' 2Q2014 Report (NYSE:NAT) - Cash dividend of $0.12 and dividend-in-kind of NAO shares declared (worth $0.16/sh). Operational performance remains strong as fundamentals imp

August 11, 2014 5:46 AM EDT

Link to the complete 2nd Quarter 2014 report: http://hugin.info/201/R/1848017/644750.pdf

HAMILTON, Bermuda, Aug. 11, 2014 (GLOBE NEWSWIRE)

The strong winter market at the beginning of the year subsided in 2Q2014. Refinery maintenance schedules and geopolitical factors affected our results this quarter in a weaker spring market. However, there are now reaffirmed indications that a recovery may be on the horizon. 3Q2014 has started... More