NAT (Nordic American Tankers) Moat Score : 4/10 (As of Jul. 24, 2025)

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What is Nordic American Tankers Moat Score?

Nordic American Tankers has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Nordic American Tankers has Narrow Moat: Nordic American Tankers has a modest moat due to its fleet size and operational efficiency. However, it faces significant competition and lacks strong brand strength, customer loyalty, and pricing power, limiting its competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Nordic American Tankers might have Narrow Moat - Discernible but modest moat.

Competitive Comparison of Nordic American Tankers's Moat Score

For the Oil & Gas Midstream subindustry, Nordic American Tankers's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nordic American Tankers's Moat Score Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nordic American Tankers's Moat Score distribution charts can be found below:

* The bar in red indicates where Nordic American Tankers's Moat Score falls into.

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Nordic American Tankers (NYSE:NAT) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score	Moat Level
10	Wide Moat - Exceptionally dominant and durable wide moat
8 - 9	Wide Moat - Clear and robust wide moat
7	Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6	Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5	Narrow Moat - Solid narrow moat
4	Narrow Moat - Discernible but modest moat
1 - 3	No Moat - Very weak/transient advantages
0	No Moat - No discernible moat

Nordic American Tankers Moat Score Related Terms

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Nordic American Tankers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nordic American Tankers Ltd (NYSE:NAT) » Definitions » Moat Score

Comparable Companies

NGL PBT TEN NFE TK SMC BROGF KNOP EE SBR TSX:ENB WMB EPD KMI ET LNG MPLX TSX:TRP OKE VG

Traded in Other Exchanges

0UC0:UK B30:Germany B3O:Germany

Address

26 Victoria Street, Swan Building, Hamilton, BMU, HM 12

Website

https://www.nat.bm

Nordic American Tankers Ltd owns and operates double-hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters according to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.