Tsakos Energy Navigation Limited

Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Tsakos Energy Navigation achieves record earnings, eyes sustainable growth

Tsakos Energy Navigation delivered exceptional financial performance in Q4 2022, with record net income and revenue growth, supported by a robust fleet and high utilization rates.
The company's strengths in cash reserves, revenue stability, and market outlook position it well for future growth and strategic investments.
While facing challenges in maintaining profitability and managing debt, Tsakos Energy Navigation can leverage opportunities in sustainable shipping and market trends for continued success.

Tsakos Energy Navigation marks 30th year with record earnings and strategic growth plans

Tsakos Energy Navigation's Q1 2023 earnings call showcased robust financial results, strategic focus on key segments, and plans for debt reduction and dividend distributions. The company's management expressed confidence in future growth prospects and highlighted investor trust and undervaluation of the stock. Analyst inquiries centered on vessel contracts, LNG market potential, and dividend decisions, providing insights into the company's strategic direction.

Tsakos Energy Navigation excels in Q2 earnings, eyes sustainable growth

Tsakos Energy Navigation's Q2 2023 earnings call highlighted robust financial performance, strategic fleet initiatives, and a commitment to shareholder value. Despite challenges in tanker demand dynamics and operational expenses, the company remains focused on long-term sustainability and growth.

Tsakos Energy Navigation reports robust Q3 earnings and growth prospects

Tsakos Energy Navigation's Q3 2023 earnings call highlighted exceptional financial performance, strategic investments, and a positive market outlook. Despite challenges in trade flows and oil demand, the company's strong financial position, prudent management, and growth opportunities bode well for future success.

Tsakos Energy Navigation (TNP) reports record growth and optimistic outlook

Tsakos Energy Navigation's Q4 2023 earnings call highlighted a successful year marked by financial strength, strategic fleet management, and optimistic outlook for 2024. Despite challenges such as geopolitical risks and market volatility, TEN's proactive approach to debt reduction and growth initiatives positions it well for continued success. The company's focus on operational excellence and seizing market opportunities underscores its resilience and long-term sustainability.

TNP Q1 2024: Dividend Doubled, Fleet Renewal Underway

TNP remains optimistic about future market conditions, underpinned by a strategic fleet renewal and a focus on environmental sustainability. The company's financial health is solid, with substantial cash reserves and a commitment to returning value to shareholders through increased dividends. Management's confidence in maintaining profitability and shareholder value in a dynamic market environment is evident.

Tsakos Energy Navigation posts strong Q3 results, eyes sustainable growth

Tsakos Energy Navigation demonstrated robust financial performance and strategic initiatives in Q3 2024, positioning the company for sustainable growth.
Despite operational challenges and industry uncertainties, TEN's strong market position, fleet quality, and growth prospects provide a solid foundation for future success.
Investors can be optimistic about TEN's ability to navigate challenges, capitalize on opportunities, and deliver value through its focused growth strategy.

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Tsakos Energy Navigation For The Savvy Preferred Investor

ATHENS, Greece, Aug.  05, 2020  (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.546875 per share for its Series D Cumulative Perpetual Preferred Shares (the “Series D Preferred Shares”; NYSE; TNPPRD) and the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TNPPRE).

TEN Ltd. Declares Dividend on its  Series D and Series E Cumulative Perpetual Preferred Shares

Tsakos Energy Navigation: Recent Weakness Is Unwarranted, Anticipating Exceptionally Strong Q2 Results

NEW YORK, July  13, 2020  (GLOBE NEWSWIRE) -- TEN, Ltd (“TEN” or the “Company”) (NYSE:TNP) today announced that Dr. Nikolas Tsakos, the Company’s Founder and Chief Executive Officer, and Chairman of INTERTANKO from 2014 – 2018, will join a Webinar organized by Capital Link featuring a live one-on-one discussion with Mr. Randy Giveans, Group Head of Energy Maritime Shipping Equity Research at Jefferies.

TEN Ltd. CEO to Join ‘Deep Dive into TEN & the Tanker Sector’ Webinar on Thursday, July 16, 2020 at 11 am EDT

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ATHENS, Greece, June 23, 2020 /PRNewswire/ -- TEN Ltd. ("TEN" or the "Company") (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, is scheduled to participate in a virtual presentation at the June 2020 Lytham Partners Virtual Investor Growth Conference on Wednesday,...

Tsakos Energy Navigation Ltd. (NYSE:TNP) to Present at June 2020 Lytham Partners Virtual Investor Growth Conference

ATHENS, Greece, June  22, 2020  (GLOBE NEWSWIRE) -- TEN Ltd. (the “Company” or “TEN”) (NYSE: TNP) today announced a one-for-five (1-for-5) reverse share split of the Company’s common shares.  The Company’s shareholders approved the reverse share split at the Company’s annual meeting of shareholders held on May 28, 2020.

TEN Ltd. Announces Reverse Stock Split to be Effective July 1, 2020

Tsakos Energy Navigation Limited (TNP) CEO Nikolas Tsakos on Q1 2020 Results - Earnings Call Transcript

Investors need to pay close attention to Tsakos Energy (TNP) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Tsakos Energy (TNP) Stock?

Tsakos (TNP) delivered earnings and revenue surprises of 2.44% and -6.25%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Tsakos Energy (TNP) Q1 Earnings Surpass Estimates

250% increase of Net Income before non-cash items

TEN Ltd Reports Strong Profits for First Quarter 2020 and Announces Special Dividend

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Shares of Tsakos gained as much as 18% in early trading as the shipowner makes as much hay as it can while the sun is shining.

Why Tsakos Energy Navigation Stock Rocketed Out of the Gate on Tuesday

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ATHENS, Greece, April  06, 2020  (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.5547 per share for its Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”; NYSE; TNPPRC) and $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE; TNPPRF).  

TEN Ltd. (TNP) Declares Dividend on its Series C and Series F Cumulative Redeemable Perpetual Preferred Shares

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