Jan Langangen - Nordic American Executive VP of Bus. Devel. and Legal and Director
| NAT Stock | USD 3.79 0.01 0.26% |
Director
Mr. Jan Erik Langangen is Director of the Company. Mr. Langangen was the Executive Vice President, Business Development and Legal from November 2004 until September 2010. Mr. Langangen previously served as the Chief Financial Officer from 1979 to 1983, and as Chairman of the Board from 1987 to 1992, of Statoil, an oil and gas company that is controlled by the Norwegian government and that is the largest company in Scandinavia. He also served as Chief Executive Officer of UNI Storebrand from 1985 to 1992. Mr. Langangen was also Chairman of the Board of the Norwegian Governmental Value Commission from 1998 to 2001, being appointed by the Norwegian Prime Minister. Mr. Langangen is a partner of Langangen Helset, a Norwegian law firm and previously was a partner of the law firm Langangen Engesth from 1996 to 2000 and of the law firm Thune Co. from 1994 to 1996 since 2010.
| Age | 67 |
| Tenure | 14 years |
| Address | Swan Building, Hamilton, Bermuda, HM12 |
| Phone | 441 292 7202 |
| Web | https://www.nat.bm |
Nordic American Management Efficiency
The company has Return on Asset of 0.0909 % which means that on every $100 spent on assets, it made $0.0909 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1831 %, implying that it generated $0.1831 on every 100 dollars invested. Nordic American's management efficiency ratios could be used to measure how well Nordic American manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.12 in 2024. Return On Capital Employed is likely to gain to 0.17 in 2024. At this time, Nordic American's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 1.4 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 830.6 M in 2024.Similar Executives
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Management Performance
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0909 |
Nordic American Tankers Leadership Team
Elected by the shareholders, the Nordic American's board of directors comprises two types of representatives: Nordic American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordic. The board's role is to monitor Nordic American's management team and ensure that shareholders' interests are well served. Nordic American's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordic American's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jan Mller, Head Manager | ||
| David Gibbons, Independent Director | ||
| Erik Tomstad, Executive Chartering | ||
| Richard Vietor, Non-Executive Director | ||
| Herbjorn Hansson, Chairman of the Board, President, Chief Executive Officer | ||
| Jan Langangen, Executive VP of Bus. Devel. and Legal and Director | ||
| Bjorn Giaever, Chief Financial Officer, Secretary | ||
| David Workman, Non-Executive Director | ||
| Andreas Ugland, Independent Vice Chairman of the Board | ||
| Jim Kelly, Independent Non-Executive Vice Chairman of the Board | ||
| Paal Stenberg, Vice President - Technical Operations and Vetting | ||
| Alexander Hansson, Non-Executive Director | ||
| Jan Moller, Financial Manager | ||
| Turid Sorensen, CFO, Executive Vice President |
Nordic Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nordic American a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0909 | |||
| Profit Margin | 0.38 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 1.06 B | |||
| Shares Outstanding | 208.8 M | |||
| Shares Owned By Insiders | 3.00 % | |||
| Shares Owned By Institutions | 45.68 % | |||
| Number Of Shares Shorted | 8.25 M | |||
| Price To Earning | 10.36 X |
Nordic American Investors Sentiment
The influence of Nordic American's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nordic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nordic American's public news can be used to forecast risks associated with an investment in Nordic. The trend in average sentiment can be used to explain how an investor holding Nordic can time the market purely based on public headlines and social activities around Nordic American Tankers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nordic American's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nordic American's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nordic American's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nordic American.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nordic American in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nordic American's short interest history, or implied volatility extrapolated from Nordic American options trading.
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Complementary Tools for Nordic Stock analysis
When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
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Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.46 | Earnings Share 0.47 | Revenue Per Share 1.256 | Quarterly Revenue Growth (0.76) |
The market value of Nordic American Tankers is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.