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

Nordic American Tankers (NAT) recorded quarterly Operating Expenses of -$15.9 million in Q1 2026, down 2.32% quarter-over-quarter from -$15.5 million in Q4 2025, and up 3.8% on a YoY basis from -$15.3 million in Q1 2025.

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

Nordic American Tankers' Operating Expenses history runs 18 years deep, the most recent figure standing at -$15.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 3.8% year-over-year to -$15.9 million; the TTM figure through Mar 2026 stood at -$66.3 million (down 4.36% YoY), while the FY2025 annual figure was -$66.9 million, down 455012.86% from the prior year.
  • Operating Expenses was -$15.9 million for Q1 2026 at Nordic American Tankers, down from -$15.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$14607.0 in Q3 2023 to a low of -$18.4 million in Q2 2025.
  • Historically, Operating Expenses has averaged -$13.1 million across 5 years, with a median of -$15.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 99.91% in 2022, then plunged 104788.41% in 2025.
  • A 5-year view of Operating Expenses shows it stood at -$15219.0 in 2022, then tumbled 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.
  • The last three Operating Expenses figures came in at -$15.9 million (Q1 2026), -$15.5 million (Q4 2025), and -$16.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 12.50 Bn
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.31 Bn 58.33 Bn - -93.35 Mn
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 915.00 Mn
10 Nordic American Tankers 1,170.40 -81.12 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