6-K
Report as Per March 31, 2025 – A Solid Situation Thursday, May 29, 2025 Ninety Day Periods Offer a Short-Term Snapshot of a Company. However, a Meaningful Analysis Must Contain a Bigger, Longer-Term Picture. the Direction of NAT Is Unquestionably Upwards and We Create Room for Profitable Growth. Whatever We Do, Dividends Remain an Important Objective. Highlights: 1. the Dividend for the First Quarter Is 7 Cents ($0.07) Per Share. This Is Our 111th Consecutive Quarterly Cash Dividend. the Dividend Is Payable June 26, 2025, to Shareholder on Record as of June 12, 2025. 2. During the First Five Months of 2025 We Have Acquired Two 2016-Built Vessels for a Combined Price of $132 Million and Sold Two of Our 2003-4 Built Vessels for a Combined Price of $45 Million. Our Cash Position Per March 31st 2025 Was $103 Million. 3. Increased Pressure on Sanctioned Oil Trades or Agreements With Sanctioned Nations, Combined With Increased Opec Volumes, Will Increase Demand for Our Ships. the So Called “Shadow Fleet” Is Pushed Further Into the Darkness. This Is Good for NAT
06/04/25