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| Date | Value |
|---|---|
| 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 |