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Nordic American Tanker: Dividend Stock Analysis

Here is some information about a similar investment that may be of interest.

TNK

1. TNK Q3 income should be near Q2 due to no real significant changes
in shipping rates for TNK vessels.

2. Q4 and Q1 are typically the strongest months due to heating oil
usage increases in N.America.

3. TNK has a profit with only 6 time charters operating. The 5 extra
spot ships are all profit.

4. None of the time charters expire within the next year.

5. TNK has no debt with American banks and no debt that is due within
the next several years.

6. All of the debt is hedged to create fixed interest rates.

7. TNK is currently selling at a 23% yld due to general market fear
and small company size.

What does this mean.

If you want income and someplace safe to wait out this economic storm
then you have found it here. TNK is at a bottom in terms of price due
to being lumped in with dry shippers and other shippers with uncertain
income streams.

Best Regards,

Investing in Tankers: Ship, Ship, Hooray?

1. TNK Q3 income should be near Q2 due to no real significant changes
in shipping rates for TNK vessels.

2. Q4 and Q1 are typically the strongest months due to heating oil
usage increases in N.America.

3. TNK has a profit with only 6 time charters operating. The 5 extra
spot ships are all profit.

4. None of the time charters expire within the next year.

5. TNK has no debt with American banks and no debt that is due within
the next several years.

6. All of the debt is hedged to create fixed interest rates.

7. TNK is currently selling at a 23% yld due to general market fear
and small company size.

What does this mean.

If you want income and someplace safe to wait out this economic storm
then you have found it here. TNK is at a bottom in terms of price due
to being lumped in with dry shippers and other shippers with uncertain
income streams.

Best Regards,

Nordic American Tanker: Income Strong, Raises Dividend

Dividends are up and prices are down. I am long SB, FRO, NAT, TNK and all are currently priced at around 15-20% yields. It's a tough market when earnings increase yet share value drops. I don't see any cliffs ahead.

Best Regards,

Energy Trader: O-Day and N.A. Natural Gas & Tankers

Gas tankers will not give you these returns. TNK oil tankers are a spin off of TK which is the largest spot market vessel management company in the world)


TNK presentation

Q1 EPS = $0.76
YRLY EPS = $3.04

The company just bought two new Suezmax tankers on credit and you can see that the profits will go up based upon this purchase and the currently highly spot rates. Download the guidance chart from TNK directly.

link to divided payout schedule (guidance chart) based upon spot rates
www.teekaytankers.com/...
download 48kb 3 page file and look at dividend spreadsheet.

Here is the data you need to do the calculations - this data was acquired from a professional source confirmed to be accurate with TNK.

04/04/08
VLCC $95,263
SUEZMAX $60,471
AfraMAX $41,447

I watch and record the weekly spot averages for all tanker types.
The above list is the Average tanker daily spot rate as of the end of Q1. Q2 is higher already.


Here is the latest average including every week from Jan 1 to today.
05/02/08
VLCC $96,718
SUEZMAN $72,152
AFRAMAX $46,545

For those of you too lazy to download this critical guidance here is the brief summary.

Current Q1 spot rates

20,000 = dividend $1.64
25,000 = dividend $1.99
30,000 = dividend $2.34
35,000 = dividend $2.69
40,000 = dividend $3.04 ***** here we are

Download the full chart to see how the two new suezmax tankers effect income (its dramatic).

Nordic American Tanker's Nice Dividend Boost

NAT is a good company but here is a better company with upside surprise on Wednesday.

TNK presentation

Q1 EPS = $0.76
YRLY EPS = $3.04

The company just bought two new Suezmax tankers on credit and you can see that the profits will go up based upon this purchase and the currently highly spot rates. Download the guidance chart from TNK directly.

link to divided payout schedule (guidance chart) based upon spot rates
www.teekaytankers.com/...
download 48kb 3 page file and look at dividend spreadsheet.

Here is the data you need to do the calculations - this data was acquired from a professional source confirmed to be accurate with TNK.

04/04/08
VLCC $95,263
SUEZMAX $60,471
AfraMAX $41,447

I watch and record the weekly spot averages for all tanker types.
The above list is the Average tanker daily spot rate as of the end of Q1. Q2 is higher already.


Here is the latest average including every week from Jan 1 to today.
05/02/08
VLCC $96,718
SUEZMAN $72,152
AFRAMAX $46,545

For those of you too lazy to download this critical guidance here is the brief summary.

Current Q1 spot rates

20,000 = dividend $1.64
25,000 = dividend $1.99
30,000 = dividend $2.34
35,000 = dividend $2.69
40,000 = dividend $3.04 ***** here we are

Download the full chart to see how the two new suezmax tankers effect income (its dramatic).