Nordic American Tankers' stock soared 5.06% during intraday trading on Thursday, following the release of its robust fourth-quarter 2025 financial results and positive business updates.

The company reported a 25% quarter-over-quarter increase in its average time charter equivalent (TCE) to approximately $35,000 per day per ship for Q4 2025. Net income for the quarter was $11.7 million with EBITDA reaching $34.7 million, while the company's cash position exceeded $100 million. A quarterly cash dividend of $0.17 per share was declared, marking the 114th consecutive quarterly payout.

Investor sentiment was further bolstered by commercial updates, including a recently secured one-year fixed contract with a major oil company at a rate exceeding $50,000 per day. The company also reported strong forward bookings, with nearly two-thirds of its spot days in the first quarter of 2026 already booked at about $55,000 per day, extending well into the second quarter. Fleet modernization efforts, including vessel acquisitions and sales, alongside a positive long-term market outlook, contributed to the bullish move.