Nordic American Tankers (NAT) Operating Expenses (2009 - 2026)

Nordic American Tankers (NAT) posted Operating Expenses of -$15.9 million for Q1 2026, down 2.32% on a QoQ basis from -$15.5 million in Q4 2025, and up 3.8% year-on-year from -$15.3 million in Q1 2025.

Nordic American Tankers (NAT) Operating Expenses (2009 - 2026) Analysis & Trends

Nordic American Tankers has disclosed Operating Expenses across 18 years of filings, most recently posting -$15.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$15.9 million, up 3.8% year-over-year; the trailing twelve-month figure through Mar 2026 was -$66.3 million (down 3.95% YoY), and the FY2025 annual result was -$66.9 million, down 455012.86% from the prior year.
  • Operating Expenses came in at -$15.9 million for Q1 2026 at Nordic American Tankers, down from -$15.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for NAT reached as high as -$14607.0 in Q3 2023 and fell as low as -$18.4 million in Q2 2025.
  • Median Operating Expenses over the past 5 years was -$15.8 million (2024), compared with a mean of -$14.1 million.
  • Year-over-year, Operating Expenses surged 99.91% in 2022 and sank 107875.63% in 2024.
  • Over 5 years, Operating Expenses stood at -$15219.0 in 2022, then sank by 101877.79% to -$15.5 million in 2023, then gained by 5.23% to -$14.7 million in 2024, then declined by 5.49% to -$15.5 million in 2025, then dropped by 2.32% to -$15.9 million in 2026.
  • Per Business Quant, the three latest NAT Operating Expenses figures stand at -$15.9 million (Q1 2026), -$15.5 million (Q4 2025), and -$16.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
10 Nordic American Tankers - - 48.56 Mn -15.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.88 Mn
Dec 31, 2025 -15.52 Mn
Sep 30, 2025 -16.54 Mn
Jun 30, 2025 -18.38 Mn
Mar 31, 2025 -16.50 Mn
Dec 31, 2024 -14.71 Mn
Sep 30, 2024 -15,772.00
Jun 30, 2024 -16.81 Mn
Mar 31, 2024 -15.52 Mn
Dec 31, 2023 -15.52 Mn
Sep 30, 2023 -14,607.00
Jun 30, 2023 -15.92 Mn
Mar 31, 2023 -13.96 Mn
Dec 31, 2022 -15,219.00
Sep 30, 2022 -14.83 Mn
Jun 30, 2022 -16.71 Mn
Mar 31, 2022 -16.67 Mn
Dec 31, 2021 -16.24 Mn
Sep 30, 2021 -17.39 Mn
Jun 30, 2021 -17.60 Mn