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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ATHENS, Greece, March 16, 2021 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN”) (NYSE: TNP), a leading crude, product, and LNG tanker operator, will report earnings for the fourth quarter and year ended on December 31, 2020, prior to the open of the market in New York on Wednesday, March 24, 2021.

TEN, Ltd. Announces Date of Fourth Quarter and Year End 2020 Financial Results, Conference Call and Webcast

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The day before the surprise OPEC+ crude-production decision, Lars Barstad, interim CEO of tanker owner Frontline (NYSE: FRO), pointed to estimates that up to 1.5 million barrels per day (b/d) of output might return. If so, that could lead tanker markets “to tighten up quickly” and “be a trigger to sentiment … and give owners the gumption to say, ‘Rates are negative so I'm going to hold back.

OPEC+ deal shocker will prolong bloodletting for crude tankers

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Tsakos Energy Navigation has been growing despite its failure to render its fleet growth into a success story for its common stock. The company has three series of preferred stocks that offer double-digit dividend yields, well covered by its cash generation.

Tsakos Energy Navigation's Preferreds Offer 10%+ Yields With More Than Enough Coverage

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$20.0 million in minimum gross revenues $20.0 million in minimum gross revenues

TEN Ltd Announces 24-to-36 Month Charters With Major Oil Concern

Tsakos (TNP) delivered earnings and revenue surprises of -71.88% and -2.44%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Tsakos Energy (TNP) Reports Q3 Loss, Misses Revenue Estimates

Tsakos Energy Navigation Limited's (TNP) CEO Nikolas Tsakos on Q3 2020 Results - Earnings Call Transcript

TEN Ltd Reports Profits for the Nine Months and Third Quarter Ended September 30, 2020 and Announces Common Stock Dividend of $0.125 Per Share

$200 million in minimum TCE earnings $200 million in minimum TCE earnings

TEN Ltd. Reports Successful Delivery of Four-Vessel Series With Long-Term Employment to Oil Major

Tsakos Energy Navigation developed a diversified fleet. It also diversifies the timing and term structure of its charters.

Tsakos Energy Navigation: Balanced Portfolio And Strategy

ATHENS, Greece, Nov. 16, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the third quarter and nine months ended on September 30, 2020, prior to the open of the market in New York on Monday, November 23, 2020.

TEN, Ltd. Announces Date of Third Quarter and Nine Months 2020 Financial Results, Conference Call and Webcast

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ATHENS, Greece, Oct. 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 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. Declares Dividend on its Series C and Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Ltd. (“TEN” or the “Company”) (NYSE: TNP), a leading diversified crude, product and LNG tanker operator, today announced that it has called for redemption all 2,000,000 of its outstanding 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE: TNP-PC) (the “Series C Preferred Shares”). The redemption of the Series C Preferred Shares will occur on October 30, 2020 (the “Redemption Date”). The redemption price will be equal to $25.00 per share.

TEN Ltd. to Redeem all of its 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares

Tsakos Energy Navigation Limited (TNP) CEO Nikolas Tsakos on Q2 2020 Results - Earnings Call Transcript

Shares of Tsakos Energy Navigation (NYSE:TNP) fell 0.6% in pre-market trading after the company reported Q2 results.

Recap: Tsakos Energy Navigation Q2 Earnings

Five-   f   old increase in net income Y-o-Y

TEN Ltd Reports Record Profits For The Second Quarter And Six Months Ended June 30, 2020

Tsakos Energy Navigation (NYSE: TNP) will be releasing its next round of earnings this Wednesday, September 23.

Earnings Outlook for Tsakos Energy Navigation

Tsakos (TNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Tsakos Energy (TNP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ATHENS, Greece, Sept.  04, 2020  (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the second quarter and six months ended on June 30, 2020, prior to the open of the market in New York on Wednesday, September 23, 2020.

TEN, Ltd. Announces Date of Second Quarter and Six Months 2020 Financial Results, Conference Call and Webcast

Tsakos Energy (TNP) Earnings Expected to Grow: Should You Buy?

Tsakos is a well run tanker shipping company with strong insider ownership and a long-term track record as a publicly listed company, dating back to the 1990s.

News for Tsakos Energy Navigation Limited Stock (TNP)